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Week of September 29, 1996
Issue 1, Volume I
News About the Program
1. NEW NAME FOR THE PROGRAM
Regional Netpreneurs
2. IRE INC.: SECURITY FOR INTRANETS
3. ARTIST'S PORTFOLIOS ONLINE FROM PUBLISHERS DEPOT AND JDG
4. CYBERCASH: CYBERCOINS AND CREDIT CARDS
5. CYBER CONNECTION TO WEBCAST "NETWORKED ECONOMY ONLINE"
6. GLOBALINK LANGUAGE TRANSLATION FOR THE WEB
7. INFINITE TECHNOLOGIES BRINGS NEW POWER TO EMAIL
8. PSINet EXPANDING TO EUROPE
Funding and Finance News
9. MICROSOFT OFFERS BACKING FOR NEW IDEAS
10. NETPLEX ANNOUNCES PRIVATE PLACEMENT
11. INTERZINE PRODUCTIONS BUYS SPORTS BUSINESS DAILY
12. DATA BROADCASTING ACQUIRES FEDERAL NEWS SERVICE

News About The Program

1. NEW NAME FOR THE PROGRAM, AND FOR A NEW BREED OF ENTREPRENEUR
After several months of research, consultation and focus groups including dozens of people from across the region and the larger Internet community, the program has an official name-- Netpreneur Program, or the Netpreneur Program for short.
Why Netpreneur? The vast majority of individuals involved in the process felt it was essential to have a name that focused attention on the unique niche we hope to fill. Most agreed that the name, Netpreneur Program, "captured the essence of this endeavor."
Netpreneur identifies a very specific target audience of people who are starting or growing net-centric businesses; someone whose entrepreneurial venture simply would not exist without networks like the Internet, organizational intranets or other types of interactive networks. It describes people who create software, entertainment and information products and services that are delivered primarily over digital networks, provide network infrastructure or help people use the networks more effectively.
In addition to the obstacles met by any entrepreneur, netpreneurs find new challenges specific to this environment; challenges like split-second development cycles, rapid change, a lack of understanding by many traditional advisors and investors and new ways of doing business for everything from product research to development, pricing, distribution, advertising and commerce. One primary goal of the program is to create a place where these people can come together and exchange knowledge as they thresh out the rules of this new marketplace. We believe the program name reflects that, especially with the accompanying tag line "Advancing Net-Centric Entrepreneurs."
With this broadcast we begin using the new name in all Potomac KnowledgeWay and Netpreneur Program materials. Thanks to all who helped us with opinions and advice.

Regional Netpreneurs

2. SECURITY FOR INTRANETS
(Baltimore, MD) Information Resource Engineering Inc. (IRE) released two additions to its SafeNet product family, offering user ID and encryption for intranets. SafeNet/Soft is a Windows-compatible software package which does not require any modification to software. The user simply enters a PIN in response to a prompt and then information is automatically encrypted and authenticated. SafeNet/Smartcard combines a smartcard, card reader and software in a complete package. The user inserts a smartcard into the reader, enters a PIN on the PC keyboard and secure operation is automatic. Both desk-tops and notebooks are supported. For more information see www.ire.com.

3. ARTIST'S PORTFOLIOS ONLINE
(Fairfax, VA) Publisher's Depot www.publishersdepot.com markets digital content online, such as photography, fonts, video and audio, illustrations, maps and source directories. Johnson Design Group, Inc. www.jdgdesign.com of Falls Church, VA recently helped the company add a new line of content-- the portfolios of photographers and artists who show samples on the Web

4. CYBERCASH: CYBERCOINS AND CREDIT CARDS
(Reston, VA) CyberCash www.cybercash.com introduced CyberCoin, an electronic commerce service allowing consumers to make instantaneous, secure transactions over the Internet with funds drawn from their existing bank accounts. CyberCoin is expected to be of particular value for small and impulse" transactions, typically to such as software, articles, research, games and music. In another announcement, CyberCash said it has entered into a relationship with Vital Processing Services, a full-service merchant processor. The agreement will allow end-to-end credit card transactions over the Internet, flowing from the customer, to the merchant, to the bank for authorization. The service mirrors the process that banks and merchants are already familiar with.

5. CYBER CONNECTION TO WEBCAST "NETWORKED ECONOMY ONLINE"
(Washington, DC) CMP Media and CommunicationsWeek have chosen Washington-based Cyber Connection to provide the webcasting expertise behind this year's Networked Economy Online Conference. For the first time in its four-year history the conference will be staged as a four-day virtual event. Cyber Connection has managed several large-scale Internet events including Maximum Exposure, an online AIDS benefit, and Live@nd In Concert, one of the largest live Internet music broadcasts to date. At the Networked Economy Conference, visitors will use interactive chat, threaded discussions and audio presentations to interact with business and technology leaders on the future of computing and communications. To register, visit techweb.cmp. com/cw/networked-economy/netecon.htm.

6. LANGUAGE TRANSLATION FOR THE WEB
(Fairfax, VA) Globalink Inc.'s Web Translator enables surfers to translate sites currently shown in Spanish, French and German into English, or vice versa, by clicking a button. Web Translator's multilingual translation capability allows users to access foreign language Web sites and to produce draft translations that retain all graphics and hotlinks. Translations can be created online or pages can be downloaded and saved for later translation and viewing offline. Information is available at www.globalink.com.

7. INFINITE TECHNOLOGIES BRINGS NEW POWER TO EMAIL
(Owings Mills, MD) Infinite Technologies www.ihub.com announced the release of two new products, ExpressIT! and Infinite InterChange. ExpressIT! is a bit email client for Windows and NT that works across multiple protocols including IMAP4, MAPI, POP3, SMTP, VIM and SMF/MHS. Infinite Interchange includes ExpressIT! and provides universal remote access to LAN-based systems. It can be installed either as an enhancement to existing email platforms or as a complete Internet-based email solution and also functions as a Network News Transport Protocol (NNTP) server.

8. PSINet EXPANDING TO EUROPE
(Herndon, VA) PSINet, Inc. www.psi.net announced that it is partnering with an investment group led by The Chatterjee Group, an affiliate of Soros Fund Management, to build a million Internet network across Europe and to begin offering PSINet Internet related services in mid-1997. The partnership will be structured as a joint venture company called PSINet Europe. The European market is enormous and growing faster than the U.S. domestic market," said William L. Schrader, Chairman, President, Chief Executive Officer and co-founder of PSINet Inc. Our experience in Europe indicates that most businesses will make their decision to use the Internet for their data communications requirements at some point during the next three years."

Funding and Finance News

9. MICROSOFT OFFERS BACKING FOR NEW IDEAS
(Redmond, WA) Microsoft is looking for content for its re-conceived Microsoft Network (MSN), and is willing to bankroll new ideas through a new production company, Microsoft Multimedia Productions (M3P). In exchange for exclusive distribution rights, the company is ready to finance independent producers of entertainment, games and other kinds of multimedia content. See http://www.m3p.msn.com.

10. NETPLEX ANNOUNCES PRIVATE PLACEMENT
(Maclean, VA) The Netplex Group, Inc., a professional technical services firm specializing in networked information systems, announced that it has raised $3.5 million through a private placement.

11. INTERZINE PRODUCTIONS BUYS SPORTS BUSINESS DAILY
(Alexandria, VA) Interzine Productions, a developer of online sports content, has acquired Sports Business Daily of Alexandria, a provider of sports news via email,, modem and fax. Terms of the deal were not disclosed.

12. DATA BROADCASTING ACQUIRES FEDERAL NEWS SERVICE
(Washington, DC) Data Broadcasting Corporation has agreed to acquire "substantially all of the assets" of DC-based Federal News Services Group (FNS). FNS records, digitizes and transmits international news and corporate information via email, Internet, satellite and other means. Data Broadcasting will issue common stock and options and assume specialized liabilities valued at approximately $7 million to purchase the privately held FNS.


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