News for Virginia's Business, Technology, and Venture Community

March 21, 2002


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Events
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In This Issue:

  • Virginia Business Editor Jim Bacon Resigns
  • DynCorp Considers a Merger or Acquisition
  • Five Companies Recognized In Virginia Telecom Business Plan     Contest
  • 2002 Ernst & Young Virginia Entrepreneur Of The Year Awards

  • Regional Highlights:

  • VA Software Developer Creates Instant Online Numerical Analysis
  • PBS & J Recently Named "Large Business Of The Year"
  • VPTC Announces Finalists For The 2002 Tech Awards
  • Goodman and Company Appoints New Marketing Director
  • Star Scientific To Create 315 New Jobs
  • Power Systems International Creates 64 New Jobs In Rockbridge     County


  • Virginia Business Editor Jim Bacon Resigns

    After 16 years with Virginia Business magazine, Editor Jim Bacon decides to move, "onward and upward" by starting a new project which he is calling "Bacon's Rebellion". The new project will be an eLetter and Website that explores Virginia public policy, economic development and community revitalization in the context of the "knowledge economy."

    According to Bacon, the new project will be based on old economy fundamentals (such as profitability and thrift) and, as such, -"no venture capitalists need apply"- for involvement in his new publication.


    DynCorp Considers a Merger or Acquisition

    Reston, VA -- DynCorp., an employee-owned firm based in Reston, VA, recently sent a letter to its shareholders notifying them that the firm's board of directors has authorized management to consider third-party offers of a sale or merger. According to the letter, a transaction could be arranged within 90 days.

    DynCorp has approximately 5,000 employees within the Greater Washington area, including a small office in Richmond's high-tech incubator, Advantech.


    Five Companies Recognized In Virginia Telecom Business Plan Contest

    McLean, VA -- Five early-stage telecom companies have been selected as finalists in the First Annual Virginia Telecom Business Plan Challenge. Companies are competing for $70,000+ in professional services. On March 21, all of the finalists will present to a panel of judges at the Virginia Center for Innovative Technology (CIT).

    The finalists are: RoxTel Corporation, Leap Frog Networks, VSystems, Inc., Centrivity, Digicon ASP.com and Telverse Communications

    For more information, visit www.cit.org


    2002 Ernst & Young Virginia Entrepreneur Of The Year Awards - Deadline for Nominations: April 5, 2002

    The search is on for Virginia's outstanding entrepreneurs whose ingenuity, hard work and perseverance have created and sustained successful, growing business ventures. Nominations are now being accepted for the seventh annual Virginia Entrepreneur Of The Year awards. To qualify, a nominee must be an owner/manager primarily responsible for the recent performance of a company that is at least two years old. Nominees will be reviewed by an independent panel of judges, and finalists will be announced on May 6th.

    Awards in several categories will be presented at a black-tie gala on June 20, 2002 at the Richmond Marriott. There is no fee to enter, but nomination forms must be received by April 5, 2002 to be considered.

    For more information and to receive nomination materials, please contact Nancy Talmage at 804-344-4564 (nancy.talmage@ey.com) or submit a nomination online at www.ey.com/us/eoy


    Regional Highlights:
    Northern VA

    VA Software Developer Creates Instant Online Numerical Analysis

    RDA, an IT services firm, has formed a partnership with Enumerate, a Virginia-based software developer, to offer data in a pioneering interactive format that dramatically speeds and simplifies numerical analysis. Under the partnership agreement, RDA will integrate and resell Enumerate's products and technology with RDA solutions.

    Enumerate's technology uses the power of the Web to automate many tasks commonly performed when analyzing data. Unlike static data on today's Web sites, interactive data allows people to create custom charts and tables online simply by clicking their mouse. From a standard Web browser, users can apply instant equations to adjust the data and easily link to charts and tables they create into other presentations. One project that has used this technology includes The Economist Intelligence Unit's (EIU) 'Worldwide Cost of Living Survey'.

    For more information, visit www.enumerate.com


    PBS & J Recently Named "Large Business Of The Year"

    PBS&J, a leading provider of infrastructure planning, engineering, construction management, and program management services was recently named "Large Business Of The Year" by the Baltimore-Washington Corridor Chamber of Commerce.

    The employee-owned firm is ranked by Engineering News-Record as 13th among the nation's top "pure" design engineering consulting firms and posted revenues of more than $314 million in fiscal year 2001. PBS&J has 60+ offices nationwide; five of which are within the mid-Atlantic region: Beltsville, Maryland (hub office); Chantilly, Richmond, and Newport News, Virginia; and Pittsburgh, Pennsylvania.

    For more information, visit www.pbsj.com


    Charlottesville

    VPTC Announces Finalists For The 2002 Tech Awards

    The Virginia Piedmont Technology Council (VPTC), has announced its finalists for the 2002 Tech Awards. The awards will be presented at a gala dinner on April 30, 2002 in Charlottesville. Virginia's newly-appointed Secretary of Technology, George C. Newstrom, will be the dinner's keynote speaker.

    The following companies and individuals have been recognized as finalists in a variety of categories:
    Lodestone Games, MDS Proteomics, Biophile, Inc., Tom McCrystal, MJ Systems, Inc., Frontline Test Equipment, Inc., Biotage, ExploreLearning, Upstate Biotechnology, Sheridan Snyder, Dr. Wayne K. White, Jefferson Madison Regional Library, The Neon Guild- Debra Weiss, Dominion Digital, Robert MacWright- UVA Patent Foundation, Colin Learmonth, David Kalergis- UVA Gateway, Sharon Godbold- Henley Middle School, Peggy Wescott- IT Academy, Laurene Johnson- Hollymead Elementary, Tom Weis- St. Anne's Belfield School.


    Richmond

    Goodman and Company Appoints New Marketing Director

    Joan Izzo has been named marketing director for Goodman & Company, one of the largest professional firms in the Southeast. Formerly marketing communications manager for Alfa Laval Inc., Izzo brings 15 years marketing experience to Goodman & Company. In her new position, Izzo will focus on corporate branding and the development of a comprehensive marketing plan for the accounting, business consulting and technology firm. "The goal of the new marketing team will be to reengineer Goodman's marketing efforts to clearly project the image of the nationally competitive firm it has become," Izzo said.

    For more information visit www.goodmanco.com


    Star Scientific To Create 315 New Jobs

    Richmond, VA -- Governor Mark R. Warner announced on Tuesday that Star Scientific, Inc. will expand its manufacturing and processing facility in Mecklenburg County. The expansion will create 315 new jobs through a $49.9 million investment. Virginia successfully competed with North Carolina, Georgia, and Kentucky for this investment.

    For more information, visit www.starscientific.com


    Power Systems International Creates 64 New Jobs In Rockbridge County

    Richmond, VA -- Governor Mark R. Warner recently announced that Power Systems International, Inc., a manufacturer of mobile power generating systems for the military, will relocate from New York to Rockbridge County. The company will create 64 new jobs through a $2.5 million investment. Virginia successfully competed with West Virginia and Tennessee for the project.


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    $2 Billion — Estimated damage caused by the Code Red Worm, making it the second costliest security breach ever — Computer Economics
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    Events
     
     
    Deadline for Entry: March 22nd, 2002 CapTech Business Plan Competition
    Eligibility:
  • Entrepreneurs
  • Students, individually or as a team
  • Existing businesses with annual revenues under $5 million
  • Contestants must either reside in or attend colleges or universities located within the Commonwealth of Virginia.
  • For more information, email feldmann@gryphoncapital.com

    March 22 Richmond, VA
    Entrepreneur Bootcamp-Strategies for starting an IT company in VA
    For more information, visit http://cit.registrationonline.com/citorg/eItem.asp?ID=558

    March 26 Norfolk, VA
    Virginia Venture Capital Forum
    For more information, visit www.hrcalendar.org/tech/hrtc/PageMonth.jsp

    March 26 Herndon, VA
    Emerging Business Network: Back to Basics: Hone Your Elevator Speech for 2002 - Speaker: Bob Bailey, President, eBiz
    For more information, visit http://www.nvtc.org/calendar/mar2602form.htm

    March 27 Bethesda, MD
    "Building Leads, Sales and ROI With E-Mail" - Speakers include Kim MacPherson, I-Marketing News columnist and author of Permission-Based E-Mail Marketing That Works in addition to ClickZ e-mail marketing and metrics columnists Jackie Gallogly, Lynne Rolls, and Jeanne Jennings.
    For more information, visit http://www.inboxinteractive.com/events

    March 28 Roanoke, VA
    "Protecting Your Company from Embezzlement, and Performing Pre-Employment Background Checks"
    For more information, call 540-344-6402

    April 4 Richmond, VA
    Why Mexico? (A Forum On Mexican Trade and Investment: Opportunities and Pitfalls) Presented by the VA Hispanic Chamber of Commerce
    For more information or to RSVP, email fbell@richmond.edu

    April 4 Richmond, VA
    CIO Roundtable Breakfast - Topic: Disaster Recovery and Security Career Concepts of Virginia, Inc. & IBM present the 4th Quarterly CIO roundtable at The Bull & Bear Club. It is an exclusive event for CIO's & VP's of IT in the central Virginia area. This event is FREE and includes a continental breakfast.
    For more information, email Gaelen Kash at gaelen@careerconceptsofva.com or call 804-276-3769

    April 4 Roanoke, VA
    "Putting Fun to Work," presented by national speaker, educator, and author Jerry King
    For more information, call 540-344-6402


    Employment:
     
    Richmond, VA
    Send cover letters and resumes to:
    Payroll Clerk - Richmond firm seeks payroll clerk w/ 3+ years experience with heavy volume in multiple states. Applicants should be self-starters looking for opportunities for advancement. Competitive salary and benefits for the right candidate. Interested applicants-please send cover letter and resume to

    Richmond, VA
    Send cover letters and resumes to:
    Flash Designer/Web Designer - A Richmond-based Internet music startup is seeking a Part time Flash Designer/Web Designer. The ideal candidate would have a modern sense of design and be comfortable with both Flash animation and Web design. Benefits and a creative, flexible environment are available to the right candidate. Music lovers a plus.



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