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February 18th, 2002 1:44PM ONLINE NEWS |

List Includes Some Familiar Names, But Many More New And Emerging Technology Companies
FROM STAFF REPORTS, PRESS RELEASE
The Triangle TechJournal: February 18th, 2002 www.triangletechjournal.com
RTP - The Council for Entrepreneurial Development has named the 28 technology firms from North Carolina that will be able to strut their stuff before a crowd of venture capitalists on April 30th and May 1st at the Venture 2002 Conference in Chapel Hill.
"This year's companies represent the diverse array of industries found within the region's entrepreneurial sector," said Mitch Mumma, Venture 2002 Selection Committee chair in a press release. "For instance, we have twelve life science and related technologies presenters, three networking, one hardware, eight software, and four Internet companies."
The companies and a brief summary, as provided by the CED and the presenting firms, are listed below: SEE COLUMN AT RIGHT FOR AN EXECUTIVE SUMMARY
· Advanced Integrated Manufacturing Solutions, Co. (Durham, NC) provides operational features and data analysis capabilities to rapidly detect and resolve shop floor problems, and tight integration with existing enterprise systems through its WEB/STAR product suite of shop floor application. (www.aimsco.com)
· Bandwidth.com (Durham, NC) serves businesses by helping them identify, price, and purchase connectivity from telecommunication carriers, doing for bandwidth what Travelocity and Expedia do for travel.(www.bandwidth.com)
· Batanga.com (Greensboro, NC) provides radio media through the web to the rapidly growing young Hispanic population in the United States. Batanga reaches more than 700,000 listeners per month. (www.batanga.com)
· Compendia Solutions Inc. (Raleigh, NC) offers a unique, patent-pending network fault management solution that solves problems faster, handles a wider variety of network obstacles and directs managers to the most probable remedy for each problem.
· Gentris Corporation (Morrisville, NC) utilizes the science of pharmacogenomics to improve clinical drug development and point-of-care diagnostics. (www.gentris.com)
· Numerical Design, Ltd. (Chapel Hill, NC) supplies real-time 3D graphics software to developers of interactive 3D video and PC games. Its NetImmerse product , a suite of C++ libraries and software tools, provides high performance real-time rendering of 3D objects in game development. (www.ndl.com)
· Piedmont Pharmaceuticals (High Point, NC) develops topically applied transdermal and long-acting pharmaceutical dosage forms. The company is developing proprietary dermal / transdermal delivery technologies that improve the efficacy, convenience, duration of activity, or safety of various patient treatments. (www.piedmontpharma.com)
· Respirics (Raleigh, NC) offers dry powder delivery of medication to the respiratory tract. The AcuBreathe Inhaler provides improved delivery because of inspiratory pressure trigger release of the medication. (www.respirics.com)
· Synthematix, Inc. (Durham, NC) provides informatics toolkits for building and mining organized and searchable institutional memory within pharmaceutical, biopharma and other chemistry-intensive companies. (www.synthematix.com)
· Teamm Pharmaceuticals, Inc (Morrisville, NC) licenses or acquires under-promoted or non-promoted pharmaceuticals, prescribed by primary care practitioners, in order to bring them to physicians and patients. (www.teampharma.com)
The 18 later-stage companies selected to present include:
· AlphaVax, Inc. (RTP, NC) develops and manufactures preventive and therapeutic vaccines and is initiating clinical trials for an HIV clade C vaccine for a therapeutic HIV vaccine, CMV, breast cancer, and malaria. (www.alphavax.com)
· Athenix Corp. (RTP, NC) provides novel genetic solutions for the agricultural, energy, and chemical feedstock industries by discovering unique input and output traits and developing these traits into products. (www.athenixcorp.com)
· ChannelAdvisor (Morrisville, NC) enables merchants (retailers, manufacturers, catalogers, distributors) to sell on new online channels such as eBay, Yahoo, and Amazon, through its technology platform and technological services. (www.channeladvisor.com)
· ChemCodes Inc. (Durham, NC) leverages a high throughput, scalable and automated proprietary technology platform that combines experimental chemistry and informatics for the discovery and development of new medicinal compounds and materials.(www.chemcodes.com)
· cipherOptics, Inc. (Raleigh, NC) provides cost efficient and high performance network security prdocuts that provide security at optical network speeds. (www.cipheroptics.com)
· Convey Systems, Inc. (Charlotte, NC) enables people in disparate locations to share information, work collaboratively and see and hear each other using a single Web-based tool. (www.conveysystems.com)
· Cropsolution, Inc. (Morrisville, NC) discovers and develops chemicals to protect crops from weeds, diseases, and insect pests through its Evolution Chemistry technology. (www.cropsolution.com)
· LiveWire Logic, Inc. (Morrisville, NC) leverages an array of software technologies to create computer generated conversational agents that can carry on human-like conversations with people, providing an alternative for companies in responding to customer telephone, live chat and email inquiries. (www.livewirelogic.com)
· LVL7 Systems, Inc. (Cary, NC) offers a full suite of network processing software that accelerates the development of network infrastructure equipment, including switching and routing devices that work across multiple silicon platforms and operating systems. (www.lvl7.com)
· Merix Bioscience Inc. (Durham, NC) uses a propriety platform technology for the creation of novel cancer vaccines in the field of cancer immunotherapy. (www.merixbio.com).
· Nobex Corporation (RTP, NC) develops modified drug molecules to improve medications for chronic diseases by using medicinal chemistry to enable the oral delivery of drugs currently delivered only by injection. (www.nobexcorp.com)
· Overture Networks (RTP, NC) addresses the three problems facing telecom carriers deploying metro networks today: how to increase revenues, how to decrease costs, and how to migrate to next-generation networks through its platform, an IP Services Gateway. (www.overturenetworks.com)
· Peopleclick, Inc. (Raleigh, NC) provides enterprise workforce management software as a web service that enables an organization to manage their labor force relative to planning, acquiring, developing and retaining the labor force for the organization. (www.peopleclick.com)
· Pinpoint Networks, Inc. (Cary, NC) provides wireless service providers with a carrier-class software platform that catalyzes the creation of content by managing the distribution, provisioning, and billing of mobile content and applications. (www.pinpoint.com)
· TalkingNets (Wilmington, NC) offers wholesale telephony solutions that allow carrier and reseller channel partners to offer voice services to small and medium-sized businesses. (www.talkingnets.com)
· Targacept, Inc. (Winston-Salem, NC) discovers and develops neuronal nicotinic receptor-based therapies to treat Alzheimer's Disease, Parkinson's Disease, Ulcerative Colitis, MCI, Depression, Chronic Pain, Anxiety disorders, Obesity, Schizophrenia, and other human diseases. (www.targacept.com)
· TogetherSoft (Raleigh, NC) develops software and services that enable enterprises to develop assets by providing ways to manage change, mitigate risk, and deliver frequent, tangible, team-driven results. (www.togethersoft.com)
· Trinity Convergence, Inc. (Raleigh, NC) designs, develops, and markets embedded software solutions for developers of converged network equipment. Trinity's focus is to develop and deploy packet voice and fax software for telecommunications OEMs. (www.trinityconvergence.com)
TTJ |




Copyright 2002 by The TriangleTechJournal -- No part of this website may be copied, reprinted, or reused without express permission of The Triangle TechJournal. |


List Includes Some Familiar Names, But Many More New And Emerging Technology Companies
FROM STAFF REPORTS, PRESS RELEASE
The Triangle TechJournal: February 18th, 2002 www.triangletechjournal.com
RTP - The Council for Entrepreneurial Development has named the 28 technology firms from North Carolina that will be able to strut their stuff before a crowd of venture capitalists on April 30th and May 1st at the Venture 2002 Conference in Chapel Hill.
"This year's companies represent the diverse array of industries found within the region's entrepreneurial sector," said Mitch Mumma, Venture 2002 Selection Committee chair in a press release. "For instance, we have twelve life science and related technologies presenters, three networking, one hardware, eight software, and four Internet companies."
The companies and a brief summary, as provided by the CED and the presenting firms, are listed below: SEE COLUMN AT RIGHT FOR AN EXECUTIVE SUMMARY
· Advanced Integrated Manufacturing Solutions, Co. (Durham, NC) provides operational features and data analysis capabilities to rapidly detect and resolve shop floor problems, and tight integration with existing enterprise systems through its WEB/STAR product suite of shop floor application. (www.aimsco.com)
· Bandwidth.com (Durham, NC) serves businesses by helping them identify, price, and purchase connectivity from telecommunication carriers, doing for bandwidth what Travelocity and Expedia do for travel.(www.bandwidth.com)
· Batanga.com (Greensboro, NC) provides radio media through the web to the rapidly growing young Hispanic population in the United States. Batanga reaches more than 700,000 listeners per month. (www.batanga.com)
· Compendia Solutions Inc. (Raleigh, NC) offers a unique, patent-pending network fault management solution that solves problems faster, handles a wider variety of network obstacles and directs managers to the most probable remedy for each problem.
· Gentris Corporation (Morrisville, NC) utilizes the science of pharmacogenomics to improve clinical drug development and point-of-care diagnostics. (www.gentris.com)
· Numerical Design, Ltd. (Chapel Hill, NC) supplies real-time 3D graphics software to developers of interactive 3D video and PC games. Its NetImmerse product , a suite of C++ libraries and software tools, provides high performance real-time rendering of 3D objects in game development. (www.ndl.com)
· Piedmont Pharmaceuticals (High Point, NC) develops topically applied transdermal and long-acting pharmaceutical dosage forms. The company is developing proprietary dermal / transdermal delivery technologies that improve the efficacy, convenience, duration of activity, or safety of various patient treatments. (www.piedmontpharma.com)
· Respirics (Raleigh, NC) offers dry powder delivery of medication to the respiratory tract. The AcuBreathe Inhaler provides improved delivery because of inspiratory pressure trigger release of the medication. (www.respirics.com)
· Synthematix, Inc. (Durham, NC) provides informatics toolkits for building and mining organized and searchable institutional memory within pharmaceutical, biopharma and other chemistry-intensive companies. (www.synthematix.com)
· Teamm Pharmaceuticals, Inc (Morrisville, NC) licenses or acquires under-promoted or non-promoted pharmaceuticals, prescribed by primary care practitioners, in order to bring them to physicians and patients. (www.teampharma.com)
The 18 later-stage companies selected to present include:
· AlphaVax, Inc. (RTP, NC) develops and manufactures preventive and therapeutic vaccines and is initiating clinical trials for an HIV clade C vaccine for a therapeutic HIV vaccine, CMV, breast cancer, and malaria. (www.alphavax.com)
· Athenix Corp. (RTP, NC) provides novel genetic solutions for the agricultural, energy, and chemical feedstock industries by discovering unique input and output traits and developing these traits into products. (www.athenixcorp.com)
· ChannelAdvisor (Morrisville, NC) enables merchants (retailers, manufacturers, catalogers, distributors) to sell on new online channels such as eBay, Yahoo, and Amazon, through its technology platform and technological services. (www.channeladvisor.com)
· ChemCodes Inc. (Durham, NC) leverages a high throughput, scalable and automated proprietary technology platform that combines experimental chemistry and informatics for the discovery and development of new medicinal compounds and materials.(www.chemcodes.com)
· cipherOptics, Inc. (Raleigh, NC) provides cost efficient and high performance network security prdocuts that provide security at optical network speeds. (www.cipheroptics.com)
· Convey Systems, Inc. (Charlotte, NC) enables people in disparate locations to share information, work collaboratively and see and hear each other using a single Web-based tool. (www.conveysystems.com)
· Cropsolution, Inc. (Morrisville, NC) discovers and develops chemicals to protect crops from weeds, diseases, and insect pests through its Evolution Chemistry technology. (www.cropsolution.com)
· LiveWire Logic, Inc. (Morrisville, NC) leverages an array of software technologies to create computer generated conversational agents that can carry on human-like conversations with people, providing an alternative for companies in responding to customer telephone, live chat and email inquiries. (www.livewirelogic.com)
· LVL7 Systems, Inc. (Cary, NC) offers a full suite of network processing software that accelerates the development of network infrastructure equipment, including switching and routing devices that work across multiple silicon platforms and operating systems. (www.lvl7.com)
· Merix Bioscience Inc. (Durham, NC) uses a propriety platform technology for the creation of novel cancer vaccines in the field of cancer immunotherapy. (www.merixbio.com).
· Nobex Corporation (RTP, NC) develops modified drug molecules to improve medications for chronic diseases by using medicinal chemistry to enable the oral delivery of drugs currently delivered only by injection. (www.nobexcorp.com)
· Overture Networks (RTP, NC) addresses the three problems facing telecom carriers deploying metro networks today: how to increase revenues, how to decrease costs, and how to migrate to next-generation networks through its platform, an IP Services Gateway. (www.overturenetworks.com)
· Peopleclick, Inc. (Raleigh, NC) provides enterprise workforce management software as a web service that enables an organization to manage their labor force relative to planning, acquiring, developing and retaining the labor force for the organization. (www.peopleclick.com)
· Pinpoint Networks, Inc. (Cary, NC) provides wireless service providers with a carrier-class software platform that catalyzes the creation of content by managing the distribution, provisioning, and billing of mobile content and applications. (www.pinpoint.com)
· TalkingNets (Wilmington, NC) offers wholesale telephony solutions that allow carrier and reseller channel partners to offer voice services to small and medium-sized businesses. (www.talkingnets.com)
· Targacept, Inc. (Winston-Salem, NC) discovers and develops neuronal nicotinic receptor-based therapies to treat Alzheimer's Disease, Parkinson's Disease, Ulcerative Colitis, MCI, Depression, Chronic Pain, Anxiety disorders, Obesity, Schizophrenia, and other human diseases. (www.targacept.com)
· TogetherSoft (Raleigh, NC) develops software and services that enable enterprises to develop assets by providing ways to manage change, mitigate risk, and deliver frequent, tangible, team-driven results. (www.togethersoft.com)
· Trinity Convergence, Inc. (Raleigh, NC) designs, develops, and markets embedded software solutions for developers of converged network equipment. Trinity's focus is to develop and deploy packet voice and fax software for telecommunications OEMs. (www.trinityconvergence.com)
TTJ |

February 18th, 2002 1:44PM ONLINE NEWS |
28 Firms Named For CED Venture Show |

EXECUTIVE SUMMARY OF PRESENTING FIRMS
FROM STAFF REPORTS
Advanced Integrated Manufacturing Solutions SOFTWARE - Shop Floor Applications
AlphaVax PHARMA - Vaccines for Cancers, HIV, Malaria
Athenix BIOTECH - Agricultural Genetics And Creation Of Plant-Based Petroleum Substitutes
Bandwidth.com DOT COM - Online Broadband Sales Site
Batanga.com DOT COM - Online Hispanic Streaming Radio
ChannelAdvisor SOFTWARE - Online Auctions Solutions
ChemCodes BIOTECH - Drug Compound Discovery
cipherOptics COMM - Network Security Products
Compendia Solutions COMM - Network Fault Management Systems
Convey Systems SOFTWARE - Online File Sharing, Conferencing
Cropsolution CHEMICAL - Agricultural Chemical Crop Protection
Gentris Corporation PHARMA, BIOTECH - Pharmacogenomics
LiveWire Logic SOFTWARE - Computer-generated Customer Service Agents
LVL7 Systems SOFTWARE - Network Processing Software
Merix Bioscience BIOTECH, PHARMA - Vaccines For Cancer
Nobex Corporation PHARMA - Develops Oral Drugs From Injection-Delivered Drugs
Numerical Design SOFTWARE - 3D Graphics Software For Gaming
Overture Networks COMM - IP Services Platform
PeopleClick SOFTWARE- Enterprise Workforce Management Software
Piedmont Pharmaceuticals PHARMA - Dermal / TransDermal Drug Delivery Products
Pinpoint Networks SOFTWARE, COMM - Wireless Software Platform
Respirics PHARMA - Powder-based Medications For Respiratory Ailments
Synthematix SOFTWARE - Informatics Toolkits For Biotech, Chemistry Industries
TalkingNets COMM - Wholesale Voice Telephony Solutions
Targacept PHARMA - Drug Therapies To Treat Alzheimer's, Parkinson's
Teamm Pharmaceuticals PHARMA - Licenses Under-promoted Pharmaceuticals
TogetherSoft SOFTWARE - Asset Risk Management Software
Trinity Convergence COMM, SOFTWARE - Software For TelCom OEM's
TTJ |

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