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| Business Intelligence for Virginia's Entrepreneurial Economy | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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In This Issue... Expansions, Relocations and Launches, Who's Hot, Who's Winning Business, Deals & Partnerships, Innovations, Partnerships & Collaborations, Research & Intellectual Property, Trends, Commentary, Other, Events Click here to forward to a friend or colleague who might like this newsletter. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Back To Top | Expansions, Relocations & Launches   | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Tosoh to Build Specialty Chemicals Plant in Manassas MANASSAS-- Tosoh America, Inc., a Japanese manufacturer of specialty chemicals, will invest $4 million and create 27 jobs at a new facility in Manassas. The company's Electronic Materials Division will provide high-purity materials and services to the semiconductor industry. Said President Yojiro Takahashi, president of Tosoh America: "Our new Manassas cleaning and kitting facility is the next logical step in Tosoh's strategy to expand its world-class products and services within the global semiconductor industry. This state-of-the-art operation will compliment our cleaning and kitting sites in California and Japan." More. iVoice Options Land for Biodiesel Facility ASHLAND--iVoice, Inc., of Matawan, N.J., has acquired options for four acres of land in Hanover County, with all improvements, easements, water rights, mineral rights and other structures, for a total cost of $800,000. The company plans to use the location as the site of a proposed biodiesel facility. More. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Back To Top | Who's Hot... | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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In Brief... ALEXANDRIA--FilNet, a data quality and information technology firm, has reported that 2Q revenues for 2006 are up 108.4 percent over the same period in 2005. More. VIENNA--Softek Storage Solutions has announced that revenue growth for its data-migration, data-replication and disaster-recovery software products has increased revenues 63 percent on a year-over-year basis. More. NORFOLK--The Employment Guide, a publisher of weekly employment magazines, is increasing its Florida penetration by breaking its Broward/Palm Beach counties edition into two: one for Broward and one for the Palm Beach County-Treasure Coast areas. More. RICHMOND-The U.S. Bank National Association, of Minneapolis, Minn., has announced that its purchase of the municipal and corporate bond trustee business of SunTrust Banks, Inc. will "enhance" its offices in Richmond and three other cities. More. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Back To Top | Who's Winning Business... | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Lockheed Martin Team Wins $150 Million Navy Training Contract DAHLGREN--A 12-company team led by Lockheed Martin has been awarded a $150 million Seaport-e task order to provide training support to sailors across the full spectrum of surface ship combat systems. Currently, program support is provided at the U.S. Navy's Center for Surface Combat Systems/Aegis Training and Readiness Center headquarters in Dahlgren and 14 detachments in the United States and Japan. Said Aegis Training commanding officer Capt. Roger Easton: "The Navy is changing the way we train sailors along every step of their careers. This contract [provides] greater use of interactive multimedia [and] more focused and efficient use of classroom time." More. CACI Cuts Slice of $4 Billion Army IT Modernization Contract ARLINGTON--CACI International will share in a $4 billion, multiple-award contract with the U.S. Army Infrastructure Modernization program as a sub-contractor to Lucent Technologies Inc. CACI will provide engineering services in the form of software applications, local and wide area networking, and logistics. More. Analex Nabs $64.9 Million DARPA Contract FAIRFAX--Analex Corporation, a provider of professional services to federal clients, has won a contract potentially worth $64.9 million over five years by the Defense Advanced Research Projects Agency (DARPA). Analex will provide a wide array of professional security services in and around the national capital area and at specified contractor sites. More. In Brief... RESTON--MAXNetwork, the wholly-owned Australian subsidiary of MAXIMUS, has been awarded a three-year, $60 million contract by the Australian Federal Government's Department of Employment and Workplace Relations. More. ARLINGTON--CACI International Inc., has won a contract potentially worth $15.6 million over five years to provide aviation logistics support services for the U.S. Marine Corps Forces, Atlantic. More. HERNDON--RCN Corporation, a provider of triple play cable, high-speed internet and phone services, has closed a franchise agreement to offer cable television services to Leigh Valley County, Pa., with more than 5,000 homes. More. McLEAN--Angel.com, a division of MicroStrategy, has been selected to create and manage a phone-based, Interactive Voice Response-powered benefits enrollment line for employees of Cosi, Inc., of Deerfield, Ill. More. MCLEAN--AVIEL Systems, Inc., has been awarded a $7.9 million task order to provide comprehensive IT acquisition, program and financial management support services to the DHS' Homeland Secure Data Network. More. ARLINGTON--Interstate Hotels & Resorts has signed a long-term contract to manage The Hotel Rath in Ashbourne, County Meath, Ireland - the third European country in which it operates a hotel. More. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Back To Top | Deal Makers | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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NACCO Spins off Hamilton Beach Unit RICHMOND-Hamilton Beach/Proctor-Silex, a designer of small kitchen appliances, will spin off from parent company NACCO Industries, Inc., of Cleveland, Ohio, and then merge with Applica, a small appliance manufacturer, based in Miramar, Fla. The new company, to be named Hamilton Beach, Inc., will be headquartered in Richmond. The proposed transaction is expected to generate about $1.1 billion in annual sales, making it the largest U.S. public company focused in the small electric household appliance industry. Said NACCO CEO Alfred M. Rankin, Jr.: "We believe NACCO stockholders will benefit from direct ownership in Hamilton Beach, Inc., a company that is expected to have strong brands, a solid business platform, outstanding leadership, capital structure flexibility and enhanced financial performance." More. Deltek Acquires C/S Solutions HERNDON--Deltek, a provider of enterprise management software, has acquired C/S Solutions, Inc., of Sepulvida, Calif., a producer of business intelligence tools for the Earned Value Management marketplace. The transaction extends Deltek's presence in the enterprise project management sector by incorporating powerful EVM analytics. More. Wireless Matrix Acquires MobileAria Assets RESTON--Wireless Matrix Corporation has agreed to acquire the assets of Mountain View, Calif.-based MobileAria, Inc., including intellectual property and customer contracts, for $11 million. The transaction brings MobileAria's proven applications platform as well as a strategic relationship with Verizon Communications. More. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Back To Top | Innovations | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Inspired by true events, "Consignment" is the story of an East Coast drug dealer who goes on the run in Southern California with his wife after a rip-off murder attempt set-up by a street kingpin. Said Beachum: "I think audiences are becoming a tougher sell. They're fed up being burned by the hype and gimmicks used to sell movies. ... By giving viewers the first 11 minutes we're letting them know exactly what they're getting." More. Download the movie here: http://www.consignment-movie.com. Be warned: There is lots of profanity and violence. (These guys may need to work on the technology: I received an audio download but no video.) For $15 Million, You Expect More than a Walk in the Park VIENNA--Space Adventures, Ltd., the world's leading space experiences company, has added a 1.5-hour spacewalk to the list of adventures clients experience during their vacation stay at the International Space Station. Candidates are required to participate in a month of simulations and specialized training sessions, in addition to meeting the medical and physical requirements, familiarizing themselves with the Russian Soyuz TMA spacecraft, and learning how to live aboard the ISS during the 10-day stay. More. MANDIANT Upgrades Web Historian Software ALEXANDRIA--MANDIANT, a provider of intelligent information security services, has upgraded its MANDIANT Web Historian software. Web Historian allows users to determine which websites have been visited, which web-based email systems have been accessed, and if a system has connected to an unauthorized website. More. In Brief... CHARLOTTESVILLE--SNL Financial has enhanced its line of financial database products and related delivery channels: adding institutional ownership data, introducing coverage of the gaming industry and integrating its electric utility research into SNL Interactive. More. ARLINGTON--CACI International Inc., has released version 5.0 of HighView, a document and records management software application that captures and stores paper and electronic documents. More. CHARLOTTESVILLE--GE Fanuc Automation, Inc., has rolled out a program for Original Equipment Manufacturers, OEM Edge, that provides integrated solutions and tools to give OEM partners a competitive differentiator in their marketplace. More. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Back To Top | Partnerships & Collaborations | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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CyraKnow Partners with Youth Hostels to Sell iPod Phrase Books FAIRFAX--CyraKnow, provider of foreign-language audio phrase books for the iPod, is partnering with Hostelling International-USA, America's largest network of quality hostels. The two organizations will collaborate in advertising, marketing and public relations. CyraKnow also will discount its Rambler phrase books for distribution by Hostelling International. The Fairfax company, founded in 2005, designed Rambler in French, German, Italian and Spanish specifically for iPod use with the intent of helping travelers pick-up the nuances of pronunciation and basic phrases for each language in a short period of time. More. USATODAY.COM Partners with The Map Network MCLEAN--USATODAY.com, a leading news and information website, has formed a technology and content partnership with The Map Network, a provider of customizable, interactive destination maps. USATODAY.com will integrate TMN's mapping platform with its content, such as 28 different city guides, to offer readers "a deeper level of engagement around relevant points of interest and to engage users in an interactive, graphically compelling, and user-friendly way." More. IIT Partners to Provide Transportation Security HERNDON-- EWA Information and Infrastructure Technologies, Inc., has signed a strategic alliance with Safe Ports, LLC, of Charleston, S.C., as the first step to developing a joint venture that brings security practices to inter-modal transportation. IIT has extensive capability in railroad security, while Safe Ports is developing a $250 million inter-modal operation in Charleston to speed containers to an inland port by rail and barge. More Javien, Clarynx Join Forces to Convert Forbes Content into Audio MCLEAN-Javien Digital Payment Solutions has partnered with Clarynx Technologies Inc., of Moline, Ill., to convert Forbes magazine editorial content into audio format on Forbes.com, using Javien's digital payment solutions. Said CEO Leslie Poole: "With consumers embracing mobile technology and demanding up-to-the-minute, accurate information, it has become increasingly important that publishers rethink how they deliver content. Providing content online in convenient formats can help stem readership attrition, increase subscriber loyalty and build new revenue streams through advertising and sponsorship." More Optima, Subimo Partner to Provide Medical Consumer Info Online NORFOLK-Optima Health Inc., a medical healthcare insurer in Hampton Roads covering 350,000 people, has partnered with Subimo, LLC., to provide Subimo's Treatment Cost Advisor and Spanish Hospital Advisor tools on Optima's website. Optima members will be able to view cost estimates for a variety of health conditions and research and compare hospitals in their area. Treatment Cost Advisor helps consumers estimate the costs of specific healthcare services or episodes of care. More Kore Claims Success in M2M Partnership HERNDON--KORE Wireless Group, Inc., a specialized provider of wholesale digital wireless services, is claiming success for its year-old partnership with CriticalWireless Corporation, a Texas developer of web-enabled M2M (machine-to-machine) communications technology. KORE's technology enables CriticalWireless' remote monitoring, control and data acquisition solutions for remote devices used in oil wells, emergency standby power systems, water/wastewater facilities, and even blood pressure monitoring of home-based patients. More. In Brief... CHANTILLY--Mobile 365, a provider of mobile messaging and data services, has signed an agreement with Cellcom Israel, allowing the company's 2.5 million subscribers to exchange text messages with mobile subscribers in the United States. More. Microsoft® Selects Compass Technology to Present Fundraising Solutions Chesapeake, VA - July 6, 2006 - Microsoft® Corporation selected Compass Technology out of a global network of over 25,000 Microsoft Dynamics partners to be one of only 23 corporate presenters showcasing their latest technologies at the Worldwide Partner Conference 2006 in Boston, MA, July 11-13. Of those 23 partners, only Compass Technology presented a fundraising solution built entirely on the Microsoft DynamicsTM CRM 3.0 platform. An international attendance of 7,000 was expected at the conference. More. (Sponsored content) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Back To Top | R&D / Intellectual Property | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Hokies Model Anti-AIDS Drug BLACKSBURG-- Researchers at the Virginia Bioinformatics Institute at Virginia Tech have developed a computational model that allows scientists to better understand the metabolism and toxicity of the HIV/AIDS drug zidovudine. AZT is used successfully as part of Highly Active Anti-Retroviral Therapy (HAART) to control the level of the human immunodeficiency virus in HIV-infected individuals. Said David Samuels, assistant professor: "HAART is one of the biggest success stories in modern medicine. The goal of our work is to help improve this successful treatment by understanding the toxic effects that AZT can have in some people." More | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Back To Top | People | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Luna Appoints Two Senior Execs ROANOKE--Luna Innovations, flush with cash after an IPO, has announced two senior management appointments: Scott Graeff, former CFO has assumed the position of Chief Commercialization Officer, and Dale Messick, former CFO of Worldspan, a $900 million company, has taken joined as Luna CFO. Said CEO Kent Murphy: "The personnel appointments ... will allow Scott Graeff to focus on the critical decision of whether or not to invest Luna's own money in new technologies and then overseeing the evolution of promising technologies into new products. Dale Messick provides us with a seasoned CFO who will focus full-time on Luna's financial administration." More. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Back To Top | Other News | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Talk About Yer Business Transformations... ROANOKE--Elite Flight Solutions has renamed itself "Home Energy Savings Corp." to relect its change in focus from a charter air service to a home-improvement company. Said CEO Bruce Edwards: "Home Energy Savings Corp. will provide an opportunity for customers all over the United States to both reduce energy costs and improve the quality and comfort of their homes." More. Virginia Diner Bites on PCS Software Suite WAKEFIELD-The Virginia Diner, operator of an international mail-order food business, has signed a contract for the PCS Profitability Software Suite to manage IT functions related to its direct-marketing operations. Said President Chris Epperson: "Virginia Diner can focus resources on growing our business and on our customers' needs instead of spending valuable time battling the day's latest IT issue. PCS will take care of our hardware and software maintenance at a reasonable per-employee-per-month cost." More. In Brief... VIENNA--The Allied Defense Group, Inc., will focus on two core competencies - Ammunition & Weapons Effects and Electronic Security - as part of new strategic initiatives to improve revenue, profits and shareholder value. More. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Back To Top | Commentary | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
 The Rail to Nowhere Tom Davis has engineered the largest Congressional earmark in industry, a subsidy for the Washington Metro, that dwarfs the infamous Bridge to Nowhere. More. |
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Loudoun Lightning Rod VDOT sparked a storm last week when it released a traffic-impact analysis of development planned in Loudoun County. Agree or disagree with the findings, the debate is healthy. One of Gov. Timothy M. Kaine's greatest legislative victories this year was enacting a law requiring the Virginia Department of Transportation to analyze the traffic impact of rezoning cases in fast-growth counties. The expectation is that county officials will curtail development in places where added traffic would overwhelm the transportation system. Officially, the law doesn't go into effect until next year, but the Kainiacs jump-started the process by running a pilot study in Loudoun County. It was a timely intervention. Straddling the Northern Virginia growth frontier, Loudoun will make crucial decisions this fall affecting proposals to add 23,000 housing units to the 5,000 already allowed in the Dulles South planning area. VDOT's "preliminary review" showed that the expanded housing would inundate local roads, creating atrocious driving conditions for miles around and spilling deep into Fairfax and Prince William counties. More. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Back To Top | Events | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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VA Newswire is a free, email-based weekly newsletter that covers news and events from around the state. If you have any news, events, job openings, or office space availability that you would like to include in next week's newswire, email jabacon@baconsrebellion.com. Click here for a free subscription. Click here to unsubscribe. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
