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MetaPartners Acquires JHowe Consulting


Cary-based MetaPartners, a leading corporate real estate consulting and services firm, announced that it has acquired Raleigh's regional Facility Project Management specialty firm JHowe Consulting. With the agreement in place, MetaPartners has brought on board JHowe's Principal, Jane Howe, to further strengthen the recent rollout of its Facility Project Management (FPM) Division. The MetaPartners' FPM Division was created to help companies execute individual facility operations projects. www.metapartners.com

MetaPartners has been a CED member since 2001.

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YellowBrick Solutions Closes on $3.9M


RTP-based YellowBrick Solutions, Inc., an innovator in marketing automation solutions, announced that it has completed a $3.9 million round of funding. YellowBrick's current major shareholders, Artal Services and p3 Technology Partners, funded the round. YellowBrick Solutions provides marketing automation software and professional services to deliver rapid return-on-investment. In September, YellowBrick Solutions announced the signing of Biltmore Estate, Phillips Investment Resources, and North State Communications as customers. www.yellowbricksolutions.com

YellowBrick Solutions has been a CED member since 1999.

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TogetherSoft Acquired by Borland Software for $185M


Borland Software Corporation (Nasdaq: BORL) has announced that it has signed a definitive agreement to acquire Raleigh-based TogetherSoft Corporation for $82.5 million in cash and 9,050,000 shares of Borland stock. The transaction is expected to close in the fourth calendar quarter of 2002 or the first quarter of 2003, subject to the timing of receipt of the requisite regulatory approvals.

Raleigh's TogetherSoft has some 390 employees, generated more than $50 million in revenues over the past four quarters, and has thousands of customers for its customized software worldwide. The company recently hired Jeffrey Lunsford, a Georgia Tech graduate and former executive at S1 Corporation, to be its president and chief executive officer. www.togethersoft.com

TogetherSoft Corp. has been a CED member since 1999.

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RF Micro Buys Resonext for $133M


Greensboro-based RF Micro Devices (Nasdaq: RFMD), a publicly traded provider of radio frequency integrated circuits (RFICs) for wireless communications applications, has agreed to purchase San Jose, CA's Resonext Communications, a provider of integrated two-chip CMOS applications for 5GHz and dual band wireless LAN platforms, in a stock deal worth $133 million. www.rfmd.com

RF Micro Devices has been a CED member since 1995.

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MCNC Receives $1.35M Grant; Launches New Life Sci Program


The Advanced Networking Research (ANR) division of RTP-based MCNC, a nonprofit research and advanced computing/networking facility, received a $1.35 million grant to continue its efforts to invent and develop new approaches to optical communications. The grant is the latest of several awards that ANR has received over the past two years from the governmental intelligence community. This particular award, funded through the Maryland Procurement Office, will support ANR in defining and developing novel routing and network management architectures protocols for Optical Burst Switching (OBS). Partnering with MCNC on this new award, George Rouskas and Harry Perros at NC State University will participate in the protocol definition stage of the effort and will undertake important related network modeling tasks. For more information on ANR, visit www.mcnc.org/anr/

In addition, MCNC has successfully launched a new life sciences program to develop, model, prototype, and test biomedical equipment to improve patient diagnosis and treatment. The Materials and Electronic Technologies Division (METD) will build upon existing capabilities to focus on applying microfabrication tools and techniques to devices in biomedical research. Such devices include glucose monitoring sensors, devices for characterizing biological processes in cells, and implants for neural prosthesis.

MCNC has been a CED member since 2001.

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Numerical Design Ltd. Named Top Award Finalist


Chapel Hill-based Numerical Design Ltd. (NDL) has been named a finalist for the Front Line Award by Game Developer magazine for its 3D graphics engine and game development toolkit. Known as NetImmerse, the NDL graphics engine also received a Front Line Award in 1999. It provides game developers with flexibility so they can create environments unique to their game. Game Developer's annual Front Line Awards are the industry's premier awards honoring excellence and innovation in game development tools. Front Line Awards finalists are chosen by a judging panel of experienced professional game developers working closely with the magazine's editorial staff. Winners will be announced in the January 2003 issue of Game Developer, available Dec. 27. www.ndl.com

Numerical Design Ltd. has been a CED member since 1998.

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Mi-Co Adds Barrett Joyner as VP


RTP-based Mi-Co, a developer of handwriting recognition and transmission technologies for wireless devices, said Barrett Joyner has joined the company as senior vice president of sales and marketing. Joyner most recently served as CEO of FullSeven Technologies. He remains a FullSeven director. Joyner also served as executive vice president at SciQuest, where he was in charge of the e-services and product marketing groups.

Mi-Co provides technologies to enable the wireless capture, storage, and communication of forms-based and free form pen-on-paper data for users of PDAs, handheld computers, smart phones, and tablet PCs. www.mi-corporation.com

Mi-Co has been a CED member since 1999.

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NC State's Institute for Emerging Issues Releases Report on Biotech in N.C.


A report published by the Institute for Emerging Issues at North Carolina State University states that "biotechnology has enormous potential for North Carolina's future, but the state's economic development strategy must be broader than any single industry and must include growth-from-within strategies." The institute, a public policy initiative of NC State University, is an outgrowth of the college's annual Emerging Issues Forum.

Noah Pickus, director of the Institute for Emerging Issues and author of the report, states that while biotechnology is not the only industry where meeting these challenges will be critical, biotech &serves as an example of why the state needs new approaches." Most of North Carolina's biotechnology companies are smaller, homegrown operations that originated with university research discoveries - a fact the report uses to suggest economic development policy should be expanded to include a greater emphasis on growth-from-within strategies. The report also calls attention to the dilemma of how best to capitalize on the concentration of biotechnology in the Research Triangle while addressing the need for statewide economic growth.

Copies of Biotechnology and Humanity are available at www.ncsu.edu/iei.

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NCEITA 21 Awards: "Technology Rocks," Nov. 21


The NCEITA 21 Awards: "Technology Rocks," will take place Thursday, November 21, at the Sheraton Imperial Hotel in RTP from 6:00-9:30 p.m. The 21 Awards recognize accomplishments in innovation, leadership, and excellence in the state's IT industry. Don't miss this gala event! It's a great way to network with top technology leaders. Sign up now at www.nceita.org.

Current Sponsors include: Accenture; Alston & Bird LLP; Artizon; AXA Advisors; BB&T Insurance Services; BellSouth; The Business Journal; Ernst & Young; Intersouth Partners; Kilpatrick Stockton LLP; KPMG LLP; Lockheed Martin Information Technology; Maupin Taylor & Ellis, P.A.; MCNC; Microsoft; Nortel Networks; North Carolina Department of Commerce; SAS; Sprint; Time Warner Cable; Wyrick Robbins Yates & Ponton, LLP; and Xerox.

NCEITA has been a CED member since 2000.

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Events Update


November 19th — HR Roundtable

November 19th — Marketing Roundtable

November 20th — CEO Roundtable

November 30th — Capital Connection Application Deadline

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