Regional News, 1998

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11/30/1998
Koz Raises on $4.6M; Adds new VP of Marketing
BioStratum Reports AIDS Vaccine Results
Cardiovascular Diagnostics and Astra AB Sign Agreement
Venture '99 Applications are available

11/19/1998
Microcosm Secures $4.75 Million in Capital
Rogue Wave Upgrades Product
Xanthon Seeks $6 Million to Fund Development
Venture '99 Applications are available.

11/11/1998
Ten from Triangle Make Digital South's 50 Most Influential in Southern Technology List
Kitty Hawk Raises Fourth Fund of $42 Million
Matt Ocko Joins Southeast Interactive Technology as General Partner
Marketing VP Leaves Relativity for Marathon Group
SciQuest Purchases BioSupplyNet

11/4/1998
Cogent Raises $5.4 Million
Bioscience Investment Fund Leads Sanguinex Funding
Johnston to Lead New Biotech Firm

10/28/1998
Paradigm, Bayer Sign $40M Contract, Plans New Building
Biolex Inc. Gets $1 Million in Venture Capital
Sapiens Wins Large Euro Contract
Accipiter, Engage Merger Complete

10/13/1998
SciQuest Raises $2.5 million from Bessemer Partners
Relativity Technologies Signs Deals with Intel and Netscape
Tivoli to Expand Durham Operation
a4 Health Systems Lands Investment from John McConnell
Hottest Technology, Coolest Applications on Display at Software '98
Apply Now for STREAK!

9/22/1998
Dialog Corp. to Relocate Headquarters from Silicon Valley to Research Triangle Area
Inspire Pharmaceuticals Signs Licensing Agreement with Japanese Pharmaceutical Company
Hottest Technology, Coolest Applications on Display at Software '98
Apply Now for STREAK!

9/16/1998
North Carolina Bioscience Fund Raises $16 Million
Volumetrics Medical Imaging Closes $2 Million Financing
Hottest Technology, Coolest Applications on Display at Software '98
Lips Inc. To Present at STREAK Luncheon on September 22nd

9/8/1998
MicroMass Closes on $7 Million in Venture Funding
Promising Software Start-Up Raindrop Geomagic Relocates to RTP Area
Salomon Smith Barney's Neil J. Herman Keynote for Software '98
Apply Now for FastTrac--Applications Due September 11th
Learn From the Pros at CED's Mergers & Acquisitions Seminar on September 15th

9/2/1998
Closure Medical Receives FDA Approval for Surgical Glue
Tekelec Plans to Double Its Workforce in the Triangle
The Holt Group/Skyline Displays Announced as the Official Software '98 Demo Display Sponsor
Apply Now for FastTrac--Applications Due September 11th
Learn From the Pros at CED's Mergers & Acquisitions Seminar on September 15th
Find Out Who's Investing Where in the September Issue of the Research Triangle Venture Update

8/19/1998
OpenSite Technologies Places Former Accipiter President at the Helm
Relativity Technologies Closes $3 Million in Venture Funding
Daniels & Daniels Become Gold Sponsors for Software '98
Seeking Early Stage Financing? Apply Now For STREAK, CED's Venture Forum

8/12/1998
SciQuest Closes on $4.5 Million in Second Round Venture Financing
Novartis Plans $20 Million Expansion of Triangle Facilities
Secant to Open Regional Offices in New Jersey and California
Register Now for Software '98!

8/4/1998
Cisco Systems Expands RTP Operations into a Fourth Building
Aurora Venture Partners Closes on $12 Million Fund
Digital Recorders to Acquire Robinson-Turney International
Come Test Drive the Area's Hottest Technology at Software '98

7/29/1998
Interactive Magic Raises $20.8 Million in IPO
Tavve Software Closes $2 Million Round
Research Triangle Ranked Fifth-Fastest Growing Metro Area by U.S. Census
Software '98 Announces Gold Level Sponsors
Find Out Who's Investing Where in the August Issue of the Research Triangle Venture Update

7/21/1998
Cree Research Sign $3 Million Agreement with Japanese Power Company
Remote Source Lighting Plans Bond Offering Worth Over $1 Million
Show off Your Company's Hot New Products in the Software '98 Demo Room--Applications Due July 24th
Seeking Early Stage Financing? Apply Now For STREAK, CED's Venture Forum

7/14/1998
Ganymede Closes on $5.5 Million in Venture Funding
Lipomed Receives Endorsement from American Heart Association
Show off Your Company's Hot New Products in the Software '98 Demo Room--Applications Due July 24th
Seeking Early Stage Financing? Apply Now For STREAK, CED's Venture Forum
New Members--Get Networked into CED on July 23rd

7/8/1998
hesketh.com's Steve Champeon on the Winning East Team for "Cool Site in a Day" Competition
Paradigm Genetics Raises $8 Million in Venture Funding
Technauts Closes on $1.4 Million in Venture Investment
Show off Your Company's Hot New Products in the Software '98 Demo Room--Applications Due July 17th

6/25
ConAgra Merges with GoodMark Foods
Becton Dickinson Announces Plans to Convert Lab Space into Incubator Space
Seeking Early Stage Financing? Apply Now For STREAK, CED's Venture Forum

5/27/1998
SouthPeak Signs Agreement with Warner Brothers Interactive
OpenSite Technologies Signs Agreement with Sharper Image Catalog
Seeking High Growth for Your High Tech Venture? CED's FastTrac Tech Class Accepting Applications
Entrepreneurs, Experts Tell All About the IPO Process at CED Seminar on June 1st—Register Now!
Entrepreneurial Excellence Award Winners Recognized at CED Grand Opening Celebration on May 20th

5/20/1998
Bayer to Locate Pharmaceutical Facility in Research Triangle Park
Total Sports Closes on $5 Million in Venture Funding
Piedmont Venture Partners Closing on $75 Million Fund
Seeking High Growth for Your High Tech Venture? CED's FastTrac Tech Class Accepting Applications
Entrepreneurs, Experts Tell All About the IPO Process at CED Seminar on June 1st—Register Now!
Entrepreneurial Excellence Award Winners Recognized at CED Grand Opening Celebration on May 20th

5/13
C3 Signs First Distribution Agreement
Protein Delivery Raises $3.1 Million in Venture Capital
CED STREAK Luncheon Features Best New Deals on May 15th!
Learn About the IPO Process from Experts Who Have Been There at CED's IPO Seminar on June 1st
How Was Venture '98? Let Us Know With Our Online, Interactive Evaluation Form!
Rate Biotech '98 With Our Online Evaluation Form!

5/6/1998
InteCardia Attracts $18 Million in Venture Capital
NCTDA and NC State University Collaborate to Form New Venture Fund
CED STREAK Luncheon Features Best New Deals on May 15th!
Only a Few Sponsorship Spots Remain for the CED Golf Tournament on May 13th!
Learn About the IPO Process from Professionals Who Have Been There at the IPO Seminar on June 1st
How Was Venture '98? Let Us Know With Our Online, Interactive Evaluation Form!
Rate Biotech '98 With Our Online Evaluation Form!

4/29
Accipiter Sale Nets $55 Million--$20 Million More than Originally Announced
Quintiles Posts Earnings of More than $250 Million for Its First Quarter 1998
Sponsorships Available for the CED Golf Tournament on May 13th!
N.C. Tech 50 Applications Due May 1st!
$1,000 BTI Young Entrepreneur Scholarship Competition Ends May 1st!
More than 700 People Attended Venture '98
Biotech '98 Celebrates North Carolina's Thriving Biotechnology Industry
Who's Invested Where? Find out With the Research Triangle Venture Update Online Edition

4/22/1998
North Carolina State Appoints New Chancellor
Sweden's Moteco Opens U.S. Headquarters in Garner
Sponsorships Available for the CED Golf Tournament on May 13th!
N.C. Tech 50 Applications Due May 1st!
$1,000 BTI Young Entrepreneur Scholarship Competition Ends May 1st!
Catch the Latest on Entrepreneurial Companies in the Research Triangle Region with the April Issue of the Research Triangle Venture Update

4/15/1998
North Carolina State Appoints New Chancellor
Sweden's Moteco Opens U.S. Headquarters in Garner
See the Hottest Investment Opportunities in the Southeast at Venture '98 on April 22nd & 23rd
Sponsorships Available for the CED Golf Tournament on May 13th!
N.C. Tech 50 Applications Due May 1st!
$1,000 BTI Young Entrepreneur Scholarship Competition Ends May 1st!
Catch the Latest on Entrepreneurial Companies in the Research Triangle Region with the April Issue of the Research Triangle Venture Update

4/8/1998
Eno River Capital Selected to Manage Bioscience Investment Fund
Oklahoma's Governor Meets With Area Entrepreneurs at CED
Seed-Stage Companies Can Still Apply for Early Stage East
Quintiles CEO Dennis Gillings to Keynote Venture '98
Sponsorships Available for the CED Golf Tournament on May 13th!
N.C. Tech 50 Applications Due May 1st!
$1,000 BTI Young Entrepreneur Scholarship Competition Ends May 1st!

4/1/1998
Biogen Receives FDA Clearance to Manufacture Drug
Entrust to Open Office in the Triangle
Seed-Stage Companies Can Still Apply for Early Stage East
Quintiles CEO Dennis Gillings to Keynote Venture '98
N.C. Tech 50 Applications Due May 1st!
$1,000 BTI Young Entrepreneur Scholarship Competition Ends May 1st!
Nominations Deadline for CED's Entrepreneurial Excellence Awards Is April 10th!

3/26/1998
Accipiter Sale Brings $35 Million
Ganymede Forms Partnership With Cisco
U.S. Airways Express Starting Non-Stop Flights From RDU to Boston
Venture '98 Adds Seven More Companies
N.C. Tech 50 Applications Due May 1st!

3/19/1998
Sale of Stingray Software Brings $22.1 Million
Nortel Lands $200 Million Order in Internet Industry
Oak Value Capital Management Tops $1 Billion in Assets
Want to Learn More About 20 of the Southeast's Hottest Venture Opportunities?
CED Kicks Off Triangle Fellows Internship Program

3/11/1998
Sale of Stingray Software Brings $22.1 Million
Nortel Lands $200 Million Order in Internet Industry
Oak Value Capital Management Tops $1 Billion in Assets
Mark Your Calendar for Venture Market South
Want to Learn More About 20 of the Southeast's Hottest Venture Opportunities? Venture '98 Early Discount Expires March 15th
CED Kicks Off Triangle Fellows Internship Program

3/4/1998
Triangle Pharmaceuticals Acquires Rights to Hepatitis Drug
Analytical Sciences Wins $33 Million Account
Triangle Community Foundation Assets Pass the $50 Million Mark
Mark Your Calendar for Venture Market South
Twenty Companies Selected to Present at Venture '98
Who's Invested Where? Find out With the Research Triangle Venture Update Online Edition

2/25/1998
Intersouth Partners Closes on Initial $35 Million for Fourth Fund
Paradigm Raises $4 Million in First Round Funding
Interactive Magic Receives $3.5 Million Financing
Mark Your Calendar for Venture Market South
Hold the Date for Venture '98 Conference

2/18/1998
Research Triangle Foundation Gives $2.74 Million to NC GigaNet
EpiGenesis Receives $2.5 Million in Financing
Atlantic Pharmaceuticals Completes Successful Mice Trials
Mark Your Calendar for Venture Market South
CED Has Moved!
Who's Invested Where? Find out With the Research Triangle Venture Update Online Edition
Hold the Date for Venture '98 Conference

2/11/1998
CED Is Moving! Make a Note of Our New Location and Phone Numbers
Entrepreneurs Offered Real-World Solutions at 14th Annual Conference on Entrepreneurship
Catch the Latest on Entrepreneurial Companies in the Research Triangle Region with the December Issue of the Research Triangle Venture Update
Triangle Entrepreneurial Internship Program Applications Due!

2/8/1998
IntraSoft's KeyVision 1.5 Earns Microsoft BackOffice Logo Designation
Accipiter's AdManager Offers Advertising Management Support for Streaming Video Ads

1/28/1998
IntraSoft's KeyVision 1.5 Earns Microsoft BackOffice Logo Designation
Accipiter's AdManager Offers Advertising Management Support for Streaming Video Ads
Don't Miss the CED STREAK Kickoff Luncheon!
The 14th Annual Conference on Entrepreneurship Is Just Over a Week Away!

1/21/1998
Triangle Ranked Fourth in Cognetics Ranking of the Nation's Entrepreneurial Hot Spots
Rogue Wave Software to Acquire Stingray Software
STREAK Companies Premiere on January 29th
Register for the 14th Annual Conference on Entrepreneurship Now Before the Rates Go Up!
New Members - Get Networked into CED!

1/14/1998
HAHT Software Closes on $14.4 Million Round of Venture Funding
Quintiles to Acquire Belgian Company
Cree Research Signs $2.4 Million Deal with Asea Brown Boveri
Sixteen N.C. Companies Named to National Tech 500 List
STREAK Companies Premiere on January 29th
January 15th Deadline for Applications to Present at Venture '98
Mark Your Calendar for the Conference on Entrepreneurship on February 7th!

1/7
CP&L Expands into Internet Business with Purchase of Interpath
Strategic Technologies Plans New Campus to Serve Growing Market
January 15th Deadline for Applications to Present at Venture '98
Catch the Latest on Entrepreneurial Companies in the Research Triangle Region with the December Issue of the Research Triangle Venture Update
Mark Your Calendar for the Conference on Entrepreneurship on February 7th

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