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News Center Top Story Archives
Week of July 24th, 1997
Issue 15, Volume II
NEWS ABOUT THE PROGRAM
1. Expert Advice On Telling Your Story To VCs
2. Do Dunk In
REGIONAL NETPRENEURS
1. Former Freeloader Team Starts New Company
2. Auto Talk Goes Information Highway
3. Cable & Wireless Integrates Fax, Email Delivery
4. New Site From NMP For World Wildlife Fund
5. Scientists Explore Mars With n-Vision Virtual Binoculars
6. Hughes Combines TV And Internet Satellite Dishes
PARTNERSHIPS
1. Three Firms Cooperate To Offer Web-Based Training
FUNDING & FINANCE NEWS
1. Wit Announces Management Team And New Services
2. NRTC Invests in New Internet Search Engine
QUICK HITS
1. Shift In Corporate Attitudes Toward Java
2. Norfolk Airport Debuts CyberFlyer Traveler's Internet Access
3. Mid-Atlantic Internet Trade Show
UPCOMING EVENTS
1.Calendar


News About The Netpreneur Program

1. EXPERT ADVICE ON TELLING YOUR STORY TO VCS
Listening to the discussion at the Netpreneur Program's Early Stage Financing event (4/30/97), Jeff Bergman of Interboard heard what seemed to be an expectations gap between netpreneurs and venture capitalists. Whatever else may be happening, in many cases the two groups are obviously not communicating well. How to help? Jeff came up with the idea for StoryBoard, a free project, jointly offered with the Netpreneur Program. StoryBoard was unveiled at yesterday's Coffee&DoughNets.

The StoryBoard idea is simple: provide netpreneurs with an opportunity to have their company presentations critiqued by a panel of business experts. The panel will listen, ask questions and then provide constructive suggestions on how or where the company needs to improve the story. Nobody else is in the room, so confidentiality is maintained. The panel will not review any business plans or see any demos, but simply listen to how well netpreneurs are able to tell their story of opportunity--just like you'd need to do when talking to a VC, angel or strategic partner.

Neil Harris of Simutronics recently went through the first StoryBoard session and received enormously useful feedback. Panelists included Bob Bailey of ebiz; Allan Wulff of Wulff-Lanier, Ed Larese of Larese Consulting and Ed Broenniman of the Piedmont Group.

There is no charge for StoryBoard, and two new opportunities are being scheduled for late August. If you would like to be considered for presentation, send an email to Jeff Bergman at interboard@aol.com. You will receive a Company Summary Form to be filled out and returned. To be considered, preferably you should have a firm that is up and running, an existing revenue stream and at least five employees. And the sooner your application is received, the better.

2. DO DUNK IN
The powdered sugar has hardly cleared from this month's Coffee&DoughNets, and we're already ready for next month. Sign up soon for the next jelly-filled networking session to be held August 22 from 7:30am-10:00am at the Sheraton Premiere, Tysons Corner at 8661 Leesburg Pike. C&Ds fill up fast, so register soon at the Netpreneur Exchange site. While you're registering, you can also check out the recap of yesterday's session.

http://netpreneur.org/events/doughnets/default.html

Regional Netpreneurs

1. FORMER FREELOADER TEAM STARTS NEW COMPANY
(Washington, DC) The software development team behind FreeLoader's push technology announced the formation of The Adrenaline Group, an Internet software development consulting firm. FreeLoader was purchased by Individual Inc. in 1996 for $38 million and was recently closed by them. The Adrenaline Group technical team's background is in planning, designing and developing commercial software products using a wide variety of Internet enabling technologies. Individual team members have areas of specialization that address many of the challenges facing state-of-the-art development projects: Internet communications, multimedia, Java, push technology, artificial intelligence and database-driven user-customized Web sites.

The Adrenaline Group: www.adrenalinegroup.com.

2. AUTO TALK GOES INFORMATION HIGHWAY
(Reston, VA) The AutoNetwork talk radio show is cybercasting live with RealVideo on the Internet. The show focuses on informing African Americans about the buying, selling, leasing and financing of new and used cars. AutoNetwork services assist buyers in deciphering financing options, give pointers to get the most favorable price, conducts road tests and offers its own auto safety column, Drive To Survive. The show airs each Saturday at 4pm on WOL-1450AM and WOLB-1010FM in the Washington, DC and Baltimore, MD areas.

African American's Car Buyer's Guide: http://www.aacbg.com

3. CABLE & WIRELESS INTEGRATES FAX, EMAIL DELIVERY
(Vienna, VA) Cable & Wireless, Inc. (CWI) released SureCom WebServices which the company says is the first messaging service to package fax and email broadcasting, list management, electronic forms management, fax mailboxes and online status checking into a single Web-accessible offering. SureCom, operating in conjunction with Netscape Enterprise Server and Netscape Navigator, uses Web technology to make the simultaneous transmission and collection of thousands of mission-critical fax and email messages more manageable for corporations. SureCom is designed to be platform independent, supporting a number of operating systems including Windows 3.1/95, Apple Macintosh, Sun OS/Solaris and more.

SureCom WebServices: http://www.surecom.com

4. NEW SITE FROM NMP FOR WORLD WILDLIFE FUND
(McLean, VA) Web developer NMP, Inc, which specializes in working with complex interactive sites, has completed a new site for the World Wildlife Fund called The Pressures on Paradise. Pressures on Paradise introduces visitors to the wildlife of the Galapagos, allowing users both information about the state of the Islands and the means to help protect this ecosystem. The site's launch follows the release of a WWF study on the state of the Islands, the first comprehensive analysis of the environmental, social and political factors affecting the Galapagos. NMP, Inc.: http://www.nmpinc.com
Pressures on Paradise http://www.worldwildlife.org/galapagos

5. SCIENTISTS EXPLORE MARS WITH N-VISION VIRTUAL BINOCULARS
(McLean, VA) A NASA scientist at Jet Propulsion Laboratories picks up a device that looks similar to a high-tech pair of binoculars. He places it to his eyes, and, from his Earth-bound console, scans a landscape millions of miles away. "The Virtual Binoculars give you a sense of spatial awareness that allows you to look around and feel like you are actually standing on Mars," says Daryl Rasmussen of NASA's Intelligent Mechanisms Group. The lightweight, hand-held Virtual Binoculars used by NASA scientists are products of n-Vision, Inc. Integrated with advanced graphics computers and stereo cameras mounted on the Sojourner, NASA's unmanned surface exploration vehicle, the Virtual Binoculars are providing NASA scientists with realistic, high-resolution images of the Martian views captured by the distant cameras.

n-Vision: http://www.nvis.com

6. HUGHES COMBINES TV AND INTERNET SATELLITE DISHES
(Germantown, MD) Hughes Network Systems (HNS) announced the release of DirecDuo, a single, 21-inch elliptical satellite dish capable of delivering both 400 kbps Turbo Internet service from DirecPC and the 200-plus channels of digital satellite television available from DIRECTV. Until now, consumers had to purchase separate satellite dishes if they wished to receive both services. DirecDuo will be available immediately to consumers across the continental US in major retail chains and from independent dealers.

Hughes Network Systems, Inc.: http://www.hns.com
DirecDuo: http://www.direcduo.com

Partnerships

1. THREE FIRMS COOPERATE TO OFFER WEB-BASED TRAINING
(Arlington, VA) Three Northern Virginia companies announced an agreement to develop and provide Web-based training solutions for corporate and educational clients. Building off the complementary strengths of the three companies, Beta Resources of McLean, VA, Metasystems Design Group (MDG) of Arlington, VA, and MyriadMedia of Reston, VA, have announced the formation of a strategic partnership to deliver customized Web-based training solutions jointly. The new company, The Training Place, has already begun development and marketing operations. Beta Resources provides technology support for education and training for schools, universities and business. MDG designs and implements "cyber architectures" that allow organizations to become knowledge- and community-based. MyriadMedia is a multimedia design firm.

The Training Place: http://www.trainingplace.com
Beta Resources: http://www.tmn.com/BetaResources
Metasystems Design Group: http://www.tmn.com
MyriadMedia: http://www.myriadmedia.com

Funding & Finance News

1. WIT ANNOUNCES MANAGEMENT TEAM AND NEW SERVICES
(New York, NY) Wit Capital Corp., formed last year to provide online investors access to stock offerings, announced its full management team and predicted it will participate in a major underwriting syndicate no later than September. Founded last year by former Cravath, Swaine & Moore attorney Andrew Klein, Wit Capital has developed under the management of David Blumberg, a fourteen-year investment banking veteran from Merrill Lynch, and Julia Oliver, a former senior executive at Salomon Brothers, Inc. In addition to providing retail investors with access to major underwritten public offerings, Wit Capital plans to offer opportunities to invest in venture capital. The company is also developing a Java-based electronic stock market. All of the Company's investment banking and trading operations will be available through the Internet.

Wit Capital: http://www.witcapital.com

2. NRTC INVESTS IN NEW INTERNET SEARCH ENGINE
(Herndon, VA) The National Rural Telecommunications Cooperative (NRTC) has formed an alliance with Expressus Design Studio Inc., a Canadian company developing a product that will set new standards in Internet search engines. The first product to come from this alliance, Final Encyclopedia (final-e.com), is a search engine that will re-index the Internet to make information searches faster and more accurate. The final-e.com site will launch in September 1997. The underlying data management system for final-e.com is a "sentient" knowledge network developed by Cogito, Inc. of Richland, WA. This network increases the speed of retrieval and the storage efficiency of the site. NRTC is a national service cooperative founded in 1986 by the nation's rural electric and rural telephone systems to provide affordable, comprehensive telecommunications services to the 25 million consumers living in rural areas of the US.

NRTC: http://www.nrtc.org
Cogito: http://www.owt.com/cogito

Quick Hits

1. SHIFT IN CORPORATE ATTITUDES TOWARD JAVA
Zona Research has released the results of a study based on the perceptions and expectations of 279 corporations that have deployed or are planning to deploy Java. According to the survey, Java and the Enterprise, Java is being widely adopted as an enterprise-wide solution for mission-critical application deployment. Almost a third of the respondents indicated that the decision to deploy Java was a strategic decision from the top of the IT management structure. This 'top-down' decision-making approach for Java is a significant change from the previous deployment patterns for Internet technologies and is an indication that a major shift is taking place in the way corporations view the Internet and Intranet. Around half of the medium and large enterprises surveyed were already using Java applications, with the remaining companies in the testing or planning phase. The survey indicates that Java is being deployed strategically by one-third of the enterprises surveyed. Information sharing, resource scheduling and project or workgroup management are the most common business processes for which Java is being used. Technology integration, transparency, productivity, decreased costs and cross-platform capabilities are the most attractive benefits of Java. More than a fifth of respondents agreed or strongly agreed that Java is key to their deployment of network computers. (NUA Internet Surveys)

Zona Research: http://www.zonaresearch.com
NUA Internet Surveys: http://www.nua.ie/surveys/

2. NORFOLK AIRPORT DEBUTS CYBERFLYER TRAVELER'S INTERNET ACCESS
(Norfolk, VA) Norfolk International Airport (NIA) became the first airport in the world to provide business travelers with a new public Internet access booth, the CyberFlyer. Created by Denver, CO-based CyberFlyer Technologies, the CyberFlyer allows travelers to take a seat in the next generation phone booth and access a variety of online services via a high-speed phone line that is 50 times faster than a conventional modem. Among the services included are: personal email, travel information, access to business centers and electronic banking services, Web links, airport information, and online entertainment, games, audio and video content from various Web sites.

Norfolk International: http://www.norfolkairport.com

3. MID-ATLANTIC INTERNET TRADE SHOW
(Washington, DC) A new trade show has been formed to serve the expanding marketplace for Internet services and products in the mid-Atlantic area. Called NetExpo Washington, the event will bring together the DC, Maryland and Virginia Internet communities at the Washington Convention Center this October 8-9. Attendance at the exhibits is free with pre-registration by September 22. After that date and at the door, the exhibit-only registration is $10. Exhibitors will include Internet Service Providers, Web-page developers, hardware and software suppliers and other regional and national firms offering Internet-related services. The show will be co-located with the 14th annual MultiCom communications expo and conference, an established event for the corporate, association, publishing and graphic arts markets. Combined attendance at both events is projected to be 10,000. An educational conference with over 65 seminars will also be part of the trade shows, with several different tracks of programs. A "Virtual Trade Show" will appear on the Web before, during and after the event.

NetExpo and MultiCom: http://www.NEWExpo.com

Upcoming Events

For more information on these and other regional events of interest to netpreneurs and funders, visit the Netpreneur Exchange calendar at (http://netpreneur.org/calendar/calendar.htm).

July 24-----NVTC Titans of Technology
July 24-----Abstract Window Toolkit 1.1
July 24-----ACE Meeting
July 24-----I.T. for the Building Industry
July 27-----Beyond Virtual: Real Opportunities, Real Solutions
July 28-----The Information Technology Industry: Hot Jobs/Salary Survey
July 29-----Network Management
July 30-----Internet Security
July 31-----Making Money With Your Technology
Aug. 4------Electronic Commerce Security Conference
Aug. 7------Technology Expo


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