Regional News, 2001

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12/17/2001: • Charlotte's Elogex Secures $6.2 Million; • Two Triangle Companies Invited to Present at Semiconductor Venture Fair; • MercuryMD Gains Three New Customers; • UNC and Duke Team On Genetics Research; • LiveWire Logic Hires New Senior Vice President

12/10/2001: • Arsenal Digital Receives $23M in Series C Round; • CED Now Accepting Applications to Present at Venture 2002; • Paradigm to Acquire Celera Genomic's AgGen in $2.1 Million Deal; • NetIQ Ranks 12th on Bloomberg's List of the 100 Fastest Growing Tech Companies; • CED Congratulates NCEITA Award Winners

12/3/2001: • ChemCodes Receives $7.8 M Funding; • A. M. Pappas Names Kenneth Lee as New President; • CED Now Accepting Applications to Present at Venture 2002; • Coventor and Swiss Company Form MEMS Collaboration; • North Carolina's Business Climate Rated Nation's Best; • Gentris Announces Pharmacogenomics Collaboration with MDS Pharma Services

11/26/2001: • AGTC Announces $6 M Phase One Investment; • A. M. Pappas Raising Another $25 M; • Wake Forest and Virginia Tech Join Forces in Biomedical Engineering; • Red Hat Proposes to Enhance Microsoft Settlement Offer; • Paradigm and StemCo Announce Stem Cell Research Collaboration

11/19/2001: • HAHT Lands $17M in First Round After Recapitalization; • Sustainable Jobs Fund Invests in HDS Cosmetics Lab, Inc.; • ChannelAdvisor Gains Two New Clients; • CED/WUNC Entrepreneurs On-Air Challenge A Success November 2; • WFU's Babcock School Opens Business Incubator; • Wachovia Sets Lending Goal of $5 Billion to Women-Owned Businesses

11/12/2001: • Former Southeast Interactive Principal Joins IBM; • State Treasurer Richard Moore Visits CED To Talk About New Investment Authority; • HowStuffWorks and Trainersoft Corporation Form Strategic Partnership; • Gartner Group Ranks Relativity Technologies as the Leader in 2 Magic Quadrants; • Paradigm Genetics and Lion Bioscience Expand Strategic Alliance; • Amphora Establishes Corporate Headquarters In Research Triangle Park; • Springboard Makes $2.52 M Deal with FortuneCity.com

11/5/2001: • 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

10/29/2001: • Zoom Culture Secures $4.5 Million; • MercuryMD Completes Series B Round of $4.5 Million; • RBC Centura Capital Invests $7M in Two Companies; • Strategic Technologies and The Allied Group Merge; • LIPSinc and Mindmaker Form Strategic Alliance; • Xanthon Announces Second Australian Patent; • CED and the Hurricanes Announce Second Annual Battle of the Tech Titans; • UNC Launches Entrepreneurial Law CLE Program

10/22/2001: • Academy Funds Raising Third Fund; • Paradigm Announces $28 Million Common Stock Offering; • 380 Investors and Entrepreneurs Attend SEBIO; • Embrex Included on Forbes List; • Quintiles and WebMD Settle Lawsuit; • Web Links are Available

10/15/2001: • Intronn Secures $7M; • Triangle Pharmaceuticals Closes Common Stock Sale at Almost $50M; • McColl Partners Up and Running; • Quintiles Launches Safety Pharmacology Unit; • CFO Veteran Joins TogetherSoft; • Durham County to Offer $2M in Incentives to Drug Company; • CED Celebrates Entrepreneurship at Annual Meeting

10/8/2001: • N.C. Legislature Approves Higher Cap on Venture Investments; • Amphora Secures Up to $35 Million; • GadgetSpace Sold In $10 Million Deal; • Analytical Sciences Makes First Acquisition; • RTP Pharma Signs Exclusive Agreement; • CED Partners with Local Videoconference Firm; • WebslingerZ, Inc. and NC Zoo Receive Grant

10/1/2001: • Kyma Technologies Lands $2.6 Million Funding; • DecisionPoint International Announces Two Transactions; • AaiPharma Unit Purchases London Product Line for $100 Million; • North Carolina Biotechnology Center CEO to Retire; • Analytical Sciences Executive to Co-Chair National AIDS Committee; • Boston Globe Spotlights RTP; • Paradigm Genetics Reaches Milestone

9/24/2001: • Salix Raises $28 Million; • Peopleclick Acquires Optimum HR; • A. M. Pappas & Associates Pledges $100,000 to CED Endowment; • BioMachines Receives Research Award; • 3Tex, Inc. and ATAK Develop Next-Generation Composite Combat Vehicles; • Waveguide Hires New CEO

9/17/2001: • ATHENIX Lands $8 Million; • ADMETech and Vertetrak to Present at September 18 Capital Connection Luncheon; • CED Announces Five New Endowment Commitments; • Quintiles and Japan's Medical Corporation LTA Form Scientific Alliance; • FormScape Forms Alliance with Prism Software; • Midway Airlines Closes its Doors

9/10/2001: • A.M. Pappas Raises New $102M Fund; • Capital Investment Forms Alliance with Southern Capitol Ventures; • Vertetrak and ADMETech to Present at September 18 Capital Connection Luncheon; • World Famous African Immunologist Visits AlphaVax; • Ensolve Biosystems Receives Grant From U.S. Navy; • SciQuest to Buy Back $5 Million of Its Stock

9/4/2001: • MERIX Receives an Additional $19M; • Front Royal Bought for $165M; • Local Venture Firms Expand; • SEBIO Selects Presenters & Exhibitors; • Deal Expands Market For Salix's Lead Drug; • Red Hat Partners with Compaq, Pioneer-Standard; • Partnership Unveiled to Promote N.C.'s Tech Image; • SAS Establishes Intel-Based Technology Center

8/27/2001: • AaiPharma Completes $100M Purchase of Product Line; • HAHT Closing on $25M Total Investment; • Midway Airlines Secures $10M Loan; • Peopleclick's New CFO = IPO; • Pinpoint Inks Deal with Canada's Largest Wireless Provider; • Cree Devices Installed On International Space Station; • Quintiles Partners with Israeli Company

8/20/2001: • Incara Raises $6.9 Million for Stem Cell Program; • YOUcentric Acquired in $86 Million Deal; • BB&T Completes Acquisition of F&M National; • Aurora Funds Plans to Raise Fourth Fund; • Midway Airlines Files for Bankruptcy; • Avesair Expands to Asia; • Inspire Pharmaceuticals Announces Initiation of Phase I Study For Sinusitis; • Nexien to Partner with ParaSoft; • Attend the Community Success Forum August 30!

8/13/2001: • RTP Pharma Stock Acquired by London's SkyePharma; • Trimeris and Array Partner in HIV Research; • Level 8 Sells Software Assets in $20 Million Deal; • Raindrop Geomagic Awarded Second NSF Grant; • North Carolina's Overseas Visitation Surges 41 Percent; • HiddenMind Partners with St. Jude Medical

8/6/2001: • Overture Networks Completes $3.4 Million Series A Round; • Empliant Closes On Initial Financing Round; • TriVirix Closes On $13.5 Million In Funding; • Paradigm's Second Quarter 2001 Earnings Exceed Estimates; • NPR Reports ATP Program Under Threat; • Interface Ranked As Top 500 Software Company; • SAS Wins Magazine Software Award

7/30/2001: • Interpath Acquires Division of Interliant; • TaskPoint Closes Series B with Komatsu America; • Corneal Science Acquires Vision Pharmaceuticals; • N.C. Technology Fast 50 List Includes 24 CED Members!; • Relativity CEO Appears on CNN Worldwide; • Join the N.C. Delegation That Will Be Attending Futurallia 2001 in France; • Durham's Artecel Wins Grants for Stem Cell Research

7/23/2001: • WFU and UNC-CH Spin-Off Receives Seed Funding; • Biogen Predicts $1 Billion in Sales in 2001; • WebTone Acquires SAIC's Broadway and Seymour Group; • Allwall.com Changes Name to Art.com; • CISYS Launches Triangle Networking Calendar; • Lt. Governor Perdue Forms Technology Advisory Council; • Raleigh City Council Okays Eight Rail Locations

7/16/2001: • Entrinsik Closes on $1.5 Million Funding; • BOPS Nears $25 Million Venture Fund; • French Firm Acquires Durham Facility in $263 Million Deal; • Nitronex Lands $24.5 Million Investment; • BASF Buys 54 Acres in RTP; • Xanthon Secures Licensing Agreement; • Check Out Venture 2001 Zoom Culture Video; • Trimeris Reports Good Trial Results for HIV Drug; • Raleigh Chamber Reports High Ranks for Triangle

7/9/2001: • AOL Time Warner Forms Investment Fund; • BB&T Files for $1.15 Billion Offering; • HiddenMind Merges with Atlanta Startup; • Smooth Sailing for 3TEX Sponsored Speed Boat; • David Russo, Former Executive VP at SAS, Joins Empliant; • Department of Defense Funds Available

7/2/2001: • HiddenMind Merges with Atlanta Startup; • Digital Recorders Closes Mobitec Deal; • Inspire Pharmaceuticals Forms $39 Million-Dollar Partnership; • Charlotte Unifi Unit Acquired by Camstar; • Embrex Acquires Exclusive License from Pfizer; • Relativity Makes Fortune's 2001 Cool Companies List; • Triangle Economy Ranked Fourth Healthiest in the U.S.; • Pinpoint Hires Seasoned Wireless Executive; • Southeast I-DealFlow Forum Spotlights Minority Entrepreneurs

6/25/2001: • BlueBolt Networks Gets $8.4 Million First Round; • Paradigm Genetics and Bayer AG Expand Partnership; • SPX to Acquire Kendro Laboratory Products for $320M; • Wireless Multimedia Solutions Raising $10M Second Round; • Blue Cross-Blue Shield of North Carolina To Buy HMO; • Intronn Wins Grant to Continue Research; • LIPSinc Lands Deal with Top Graphics Card Company; • Red Hat Delivers First Quarterly Profit; • Trimeris Gets Boost by Roche; • Triangle Executives Win Entrepreneur Honors

6/12/2001: • MortgageRamp Acquires Fasre; • Akzo Nobel to Buy Covance Biomanufacturing Unit; • University of North Carolina Invests in Newbury Ventures Third Fund; • Kendall Capital Associates Launches Charlotte Office; • AvidXchange Forms Partnership With Hughes Supply; • Alerts, Inc. Signs Deal with Bankrate.com; • OpenMind and Blackboard Ink Deal; • CED Co-Sponsors NIRI Program

6/4/2001: • Biotech Firm Encelle Receives $7 Million Series C; • Allwall.com Acquires Art.com; • Centura Capital Invests in Beacon Technologies; • Southern Capitol Receives Support From NC Biotechnology Center; • Pozen, Inc. Announces Positive Phase II Results For MT 400; • Reedy Creek to Support Worldwide Army Telecommunications Exercise; • Amplistar Inc. Signs Commercialization Agreement with Johns Hopkins; • I-40 Traffic Stress - Triangle Transit Authority Offers Opportunity to Speak Out.; • Cisco Systems and CED Offer Recruiting Program to Area Entrepreneurs

5/21/2001: • YOUcentric, Inc. Closes on $17 Million in Financing; • MDeverywhere Announces $15 million Investment; • WinCom Systems Secures $32.9 Million in Funding; • The Aurora Funds Hires Life Science Associate; • FullSeven Names Barrett Joyner CEO; • Micell Integrated Systems Team Wins National MBA Business Plan Competition; • Bayer AG Accepts Additional High-Throughput Assays from Paradigm Genetics; • Research Triangle Institute Launches New Business Unit; • CED Expands FastTrac Training Courses

5/8/2001: • Angiosonics Receives Financing; • Selby Wellman Named Intersouth Partner; • ArgoMed Receives Credit Line to Expand Operations; • MWG Biotech Opens N.C. Office; • Paradigm Genetics Announces Revenue Increase; • Peace College Receives Technology Grant; • TiE Presents McKinsey Director

4/30/2001: • LoneSource.com Acquires BusinessSupply.com; • Micro'D Acquires ModaFINITY; • Venture 2001 Showcases NC Entrepreneurship; • And the Award Goes to.; • Southern Capitol Ventures Adds James Skinner to Advisory Board; • VennWorks Names Enterprise Factory President; • Forest2Market Wins IBM Award; • Fortune Small Business Recognizes FloLogic

4/25/2001: • CoverageCorp Secures $8 Million; • Ziptronix Receives Funding from California-based Xilinks; • Kyma Technologies Moves Toward $2.5 Million First Round Funding; • Raleigh-Durham Ranks 4th in the Country; • OpenMind Publishing Enters Partnership with Kentucky Virtual University; • Second Annual Road Show Just Around the Corner; • Metrolina Entrepreneurial Council to Hold Spring Conference

4/16/2001: • TogetherSoft Acquires Bergson Software; • LVL7 Partners with MMC Networks; • US LEC Lands GSA Contract; • Intronn Enters Partnership with National Cancer Institute; • Amplistar Signs Agreement with Johns Hopkins; • North Carolina Technology Fast 50 Applications Due April 27

4/9/2001: • Ziptronix Receives Xilinex Investment; • SciQuest Continues to Restructure; • Reedy Creek Teams Up With Ubicom; • WindWire Partners With OmniSky Corporation; • Mobile Reach Technologies Strikes Deal With Duke's Fuqua; • UNC-Charlotte Receives Designation from NSA; • Saffron Technology Wins "Best Of Show" Award; • CED Raises $14,000 for WUNC Radio
4/2/2001: • Icagen Receives $23 Million in Private Placements; • Lending Tree Finishes $45 Million Financing Round; • Etrials Closes $7 Million Angel Funding Round; • eResource Aquires Lifestyle; • LabCorp Acquires Path Lab; • Duke Comprehensive Cancer Center Receives $2 Million Gift; • Pinpoint Strikes Deal with Verizon Wireless; • British American Tobacco Company Chooses Unifi Technology Group
3/26/2001: • SAS Acquires Intrinsic; • Coactive Merges with Health Connections; • MidGard Closes $2 million in Funding; • Best Builders Receives $50,000 First Round Funding; • Targacept Announces Joint Venture; • HiddenMind Releases HiddenLogic Platform; • UNC's School of Medicine Looks for Cancer Treatment
3/19/2001: • Triangle Pharmaceuticals Gains $58.2 Million; • LiveWire Secures $2.7 Million in Funding; • Encelle Closes on $4 Million of Third Round Financing; • RDU Ranks 8th Most Wired Region; • Meredith and Kip Frey Lecture Hosted by Duke School of Law; • Cisco Systems Gives Fulcra Solutions Minority Investment
3/12/2001: • Hatteras Completes $14 Million Second Round; • Beacon Closes $8 Million First Round; • Intersouth Partners Adds Dr. Robert Bell to Team; • NuTech Solutions Receives $3 Million; • Cogent Partners with Ireland-Based Elan Corp.; • NCSU Joins Genomics Research Push; • SciQuest Expands Merck Contract
3/5/2001: • Red Hat Acquires Planning Technologies for $47M; • TogetherSoft Secures $20M in Financing; • Peak Secures $18.5M in Financing; • eResource Receives $3M Commitment; • ASI Wins $1M Grant; • Southern Capitol Ventures Announces Advisory Board; • Two Companies Selected to Present at Capital Connection Quarterly Luncheon (F.K.A. STREAK Luncheon) March 22, 2001; • CED Names New Vice President of Marketing and Communications
2/28/2001: • Bloodhound Secures $11M in Funding; • Tangram to Acquire Wyzdom Technology; • High Speed Completes Merger with Summus Ltd.; • Charles & Colvard Raises $6.2 Million; • Zoom Culture Strikes Deal with Fox Sports Net; • POZEN Completes Migraine Drug Trial; • Cable and Wireless PLC Plans Move to Cary; • Gov. Easley Announces e-Procurement Program; • UNC-Charlotte Selects Board for Research Campus
2/19/2001: • A.M. Pappas Raising $100 Million Venture Fund; • Sallie Shuping Russell Named as Senior Partner at Intersouth Partners; • Mutek Solutions Ltd. Received $28 Million in Fourth Round Financing; • PracticingSmarter Receives $6 Million in First Round Financing; • Broadband Avenue Completes Undisclosed Second Round Financing; • eVincio Acquires Constructors, Inc.; • North Carolina Start-ups Receive Prestigious Invitations; • Unifi Technology Group Partners with Osprey
2/12/2001: • Unitive Receives $30 Million in Second Round Funding; • BioStratum Signs $25 Million Deal with Japan's Kiowa; • MindBlazer Attains $1.5 Million in New Funding; • 123hire.com Secures $1.4 Million in Second Round Funding; • Wiehe Joins SciQuest as CEO; • Trimeris AIDS Drug Shows Good Test Results; • Goodnight Takes on SAS America's Sales; • Eno River Capital Recruits Ex-State Treasurer Boyles
2/5/2001: • OpenMind Publishing Secures Funding; • Alerts.com Obtains WhatsNu; • Triangle Pharmaceuticals to Gain Millions From Stock Sale; • Venture Investing Continues to Rise; • ASG Forum Features International Acquisition Expert; • POZEN to Work with FDA on Additional Drug Trials; • Paradigm Attains Bayer Milestone; • Relativity Technologies Makes a Name for Itself; • MedApprise Chooses a President and CEO; • Morton + Beck Acquires New Accounts & New Staff
1/29/2001: • Mark your calendar for Venture 2001; • South Capital Ventures to raise new fund; • Quintiles forms new business alliances; • RTP and CED featured in Success Magazine; • SAS Institute wins Product of the Year Award; • Triangle welcomes first Neurogenomics Symposium; • North Carolina corporate investments increase by 20% in 2000; • A.M. Pappas & Associates invests $3 million
1/10/2001: • Kip Frey Joins Intersouth Partners; • Avesair Reels In $16 Million First Round; • Silicon Wireless Gets $10 Million Investment from Fairchild; • OptXCon Snares $12.2 Million; • CED's Emerging Technologies Roundtable Gains Momentum; • Embrex Poultry Vaccine Approved in Japan; • NetOctave, OpenMind Move into New Offices; • Interactive Knowledge Awarded $300,000 Grant
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