Regional News
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- Peopleclick Acquires Referral Networks' ERP Technology
- Magellan Labs CEO Joins Southern Capitol Ventures Board
- 900 Hear from National Venture Capitalists, IT Experts at InfoTech 2001
- Quintiles Describes National Early Warning System for Bioterrorism to Congress
- Congratulations to 2001 Fast 50 Winners
- Coventor and YOUcentric Named One of Fastest Growing Companies by Inc Magazine
- FloLogic Honored with Elite Innovation Award
Peopleclick Acquires Referral Networks' ERP Technology
RTP-based Peopleclick, a provider of strategic HR software and services ("Attain, Train and Retain"), recently announced the acquisition of Referral Networks, the leading provider of employee referral programs (ERP). Referral Networks' Employee Referral Manager (ERM) allows employers to enlist the help of employees, alumni, customers and other contacts by offering them a reward for referrals that lead to successful hires. When incorporated into Peopleclick Vision, the offering will enable a company to significantly improve their ability to source and hire referred candidates. www.peopleclick.com
Magellan Labs CEO Joins Southern Capitol Ventures Board
Research Triangle Park-based venture capital firm Southern Capitol Ventures recently announced that Al Childers, chief executive officer of Morrisville-based Magellan Laboratories, has joined its advisory board. Formed in 1991, Magellan Laboratories is one of the largest full-service pharmaceutical contract laboratories in the Southeast. Childers will help lead Southern Capitol's life sciences investments. www.southercapitolventures.com
900 Hear from National Venture Capitalists, IT Experts at InfoTech 2001
Close to 900 entrepreneurs, investors, and service professionals came out for CED's 11th annual InfoTech 2001 conference last week in Chapel Hill. Well-known national venture capitalists, Mike Brooks, Venrock Associates, Bill Ford, General Atlantic Partners, and Bill Helman, Greylock Partners, appeared on the "Venture Capitalists' Outlook on the IT Industry" panel with moderator Steve Nelson, Wakefield Group. A lively journalists' panel on the current technology landscape featured Sumi Das, TechTV; Arik Hesseldahl, Forbes.com; Walt Mossberg, The Wall Street Journal; Alex Salkever, Business Week Online; and moderator, Sreenath Sreenivasan, Columbia University. In addition to the interesting sessions, 25 companies demonstrated their cutting-edge technologies. For more information about the speakers, sessions, or demo companies, visit www.cednc.org/infotech/2001.
Quintiles Describes National Early Warning System for Bioterrorism to Congress
RTP-headquartered Quintiles Transnational Corporation is proposing the use of its technology, infrastructure, and expertise to control bioterrorism. At a congressional hearing on bioterrorism preparedness, Quintiles senior executive, John Russell said that detection of possible bioterror events could be speeded by hours or days through an electronic disease surveillance system using existing medical and pharmaceutical claims data. Quintiles' sophisticated electronic healthcare monitoring system could be quickly modified to serve as a "national early warning system" for bioterrorism, Russell said in testimony before the Oversight and Investigations Subcommittee of the House Energy and Commerce Committee. www.quintiles.com
Congratulations to 2001 Fast 50 Winners
CED congratulates its members who were recognized Thursday, November 1, 2001, as North Carolina Fast 50 Winners. Presented by the Business Journal, Cherry, Bekaert, & Holland, LLP, and CED, the Fast 50 awards recognize the 50 fastest growing privately held companies in the Triangle. CED members who were recognized include:
PharmaResearch Corporation
Captive-Aire Systems, Inc.
JPS Communications, Inc.
Manpower
Trifolium, Inc.
Analytical Sciences, Inc.
ateb, Inc.
Cato Research
Serentec, Inc.
ASG, Inc.
HAHT Commerce
Exhibit Resources
Atcom, Inc.
Lineberry Research Associates, LLC
MicroMass Communications, Inc.
The Greer Group
Coventor and YOUcentric Named One of Fastest Growing Companies by Inc Magazine
Two CED members, Coventor, Inc. of Cary, NC, and YOUcentric of Charlotte, NC, have both received an Inc 500 Award. The award is given to privately held companies who have achieved record sales growth over the last five years. Coventor, an independent provider of (MEMS micro-electro-mechanical systems) software, proprietary MEMS Development PlatformsTM and product engineering, is the first MEMS company to receive the award. YOUcentric is a leading supplier of eBusiness relationship management software. www.coventor.com; www.youcentric.com
FloLogic Honored with Elite Innovation Award
Raleigh-based FloLogic was one of eight recipients nationwide to be honored by Handy Magazine with its 2001 Handy Innovation Award. FloLogic joins Briggs & Stratton, Toro, Fluidmaster, John Deere and Sears Craftsman as past winners of the awards. FloLogic manufactures and markets the FloLogic System, an automatic water shutoff valve - known as "the circuit breaker for your home plumbing system." The FloLogic System limits the damage caused to homes when plumbing failures such as ruptured washing machine hoses and cracked icemaker supply lines occur. www.flologic.com
Events Update
- November 8th —
Healthcare Entrepreneurs Technology Roundtable:
Selecting the Right CRO
- November 8th —
CED Information Session for Prospective
Members
- November 12th —
Biotechnology Roundtable - The New Wave in
Strategic Alliances
- November 14th —
Infotech Roundtable: Creating and Maintaining
Strong Investor Relationships - Lessons Learned
from the Good Times and the Bad Times
- November 14th —
CED Capital Connection Information
Session
- November 16th —
Triangle Venture Breakfast Series - Relationship
between Management and Funding