?
?	VentureWire
	Tuesday, June 05, 2001		?
?	CONTENTS | COMPANIES | INVESTORS | ADVERTISE | TELL A FRIEND	VentureWire Index
		'VentureWire
		today: 665.1 ? -2.55%	?
?

		top stories

		  William Blair Capital Partners Gets $403M for Fund VII
		  Vitesse Acquires Versatile Optical Networks for 10M Shares
		  Guggenheim to Launch For-Profit Art Site with VC Backing
		  Warburg Pincus Takes The Cobalt Group Private

		TODAY'S FEATURES
		Patricof & Co.'s Early Stage Team Stays The Course
		By Amanda Briggs
		Michael Duran, a partner at venture firm Patricof & Co., has spent the last
couple of months looking at Series C deals, an unusual move because Mr. Duran
was hired last February to focus on early stage deals in the
telecommunications equipment and component sectors. more>>
		UPCOMING EVENTS
		July 31: New York City
		Financial Services Outlook
		There are about 1,000 e-finance startups operational right now, offering
services such as cash management, 401(K) brokering, and online banking.
However, the e-finance landscape is still largely undefined. Financial
Services Outlook will help define the future.  Register before June 19 and
SAVE $100!

		Outlook for the Venture Capital Market
		* 20th Univ. of Michigan Growth Capital Symposium, June 19-20
		* Meet with LPs and GPs of successful funds. Interact with
		execs from life sciences, MEMS, Telematics & IT firms
		* Outlooks include Kleiner Perkins Caufield & Byers,
		Draper Fisher Jurvetson, State of Michigan Pension Fund.
		* Connect with the Center for Venture Capital and Private
		Equity Finance at the University of Michigan --- serving
		the institutional VC community for 20 years.
		* Call 734-936-3528 or view the Center's website for
details:http://www.umich.edu/~cvpumbs

		new money

		  Corporate Backed Integres Eyes First VC Round
		  Optical Firm Calix Out of Hiding With $158 Million
		  Avaki Announces $6M Series A, New Name, New CEO
		  Content Management Developer Cytura Gets $11M Round One
		  Grass Valley Grabs $36 Million In First Outside Round
		  Electronics Design Tool Firm Atrenta Gets $6.7M Series A
		  Flat Panel Co. ClairVoyante Labs Gets $4 M in Series A Funds
		  Financial Tech Firm Mantas Closes First Round
		 Lucent Takes Equity in Traffic Info Firm MetroCommute.com
		  Delphi Display Systems Gets $3 M Series A from Eaglestone
		 Fabless Semiconductor Firm Banderacom Gets $35M Round Two
		  Optical Device Maker Optium Raises $35.5 Million Round Two
		  OSS Software Maker AP Engines Closes $30 Million Round Two
		  Software Maker Harmonic Closes Series B at $15.2M
		  Wireless Provider Bluefish Gets $1.8 in Second Round Funds
		  Information Software Firm Casmir Raises $1.6M Second Round
		  NxtPhase Raises $25 Million in Round Three
		  SafeRent Collects $13.4 Million in Round Three
		  HydroCision Gets $2M from Oxford Bioscience, Closes Series E
		  PC Management Tech Firm Connected Raises $30M Series F
		  Qpass Clears $15 Million in Series F
		 Web-Based Planning Software Adaytum Gets $7.4 M Series F
		  Naviant, Online Marketing Technology Firm, Gets $15 Million

		bad news

		  Report: MetaTV Co-Founder, CEO is Arrested
		 AtomShockwave President Steps Down, Firm Closes Offices
		  Site Monitoring Firm webHancer Cuts 10% of Staff
		  Bitlocker.com to End Web Database Infrastructure Service

		new products

		  Telco Soma Networks to Launch with $70 M Raised to Date
		  Hardware Manufacturing Software Firm Bom.com Launches
		  ForwardAction Launches to Help Sacramento Area Startups
		  Biotech Firm Mycometrix Changes Name to Fluidigm
		  Software Infastructure Firm Gazoo Changes Name to Talaris
		  GDX Changes Name of Six Affiliates

		m&a

		  Schroder Ventures Acquires Market Place Media For $28M Cash
		  Progress Software Acquires Allegrix
		 Mobile App Firm Everypath Buys Sitraka's Mobility Division

		new directors

		  NETdelivery Appoints CDP Sofinov Exec. as New Director
		  Wall Street Global Appoints CML Executive to Board

		new people

		  Iris Labs CEO Joins Metera Networks as CEO
		  MobileStar Appoints WorldCom Head as President & CEO
		  World Wide Packets Adds Architel Systems Co-founder as Pres.

		vc fund news

		  Leader Capital's Next Joint Venture: Solvos Asia

		vw corrections

		  Bodha
		  Silicon Alley Seed Investors

		 TOP STORIES... NEW MONEY... BAD NEWS... NEW PRODUCTS... M&A... NEW
DIRECTORS... NEW PEOPLE... VC FUND NEWS... VW CORRECTIONS

		top

		Everyone's talking about collaboration-from collaborative
		e-commerce to collaborative manufacturing. Everyone's also
		trying to don the collaboration mantle as they vie for
		attention from customers and investors.

		Enterprise Outlook will cut through the hype. Learn about
		fundamental technologies and issues that must be ironed out
		before businesses can work together. See which applications
		truly merit being called "collaborative." Discover how the
		supply chain takes on new power when companies can talk
		machine-to-machine, application-to-application, and
		person-to-person.

		Register and reserve your place
today:http://www.enterpriseoutlook.com/register.asp

		 top stories
		?
		William Blair Capital Partners Gets $403M for Fund VII
		 mail? top

		 CHICAGO (VENTUREWIRE) -- William Blair Capital Partners, which makes
venture-capital and later-stage investments, including management buyouts and
recapitalizations, announced it has closed $402.86 million for WBCP VII, its
seventh fund. Managing Director David Chandler said it took the firm nine
months to raise the fund, which held its initial closing at the end of last
year. WBCP, which raised $270 million in its previous fund, will continue to
invest in business and communications technology, healthcare, and business
and consumer services companies, said Mr. Chandler. He added that the company
will pursue co-investment opportunities with other venture capital firms.
Under the terms of the fund, he said the partners will receive 2% management
fees. Mr. Chandler said that WBCP VII has invested $10 million each in two
companies so far: Clear Communications, a provider of network management
software for optical networks, and medical-device company NuVasive. The
company intends to invest between $7 million and $30 million in 20 to 30
companies during the life of the fund.  Mr. Chandler commented that overall,
deal-flow has slowed tremendously because "many people are not happy with
valuations." He said WBCP is evaluating many deals it passed on months ago
that are returning at a much lower valuations. WBCP has raised over $1
billion of committed capital in seven private equity funds and has invested
in over 140 companies.
		http://www.wbcp.net

		Vitesse Acquires Versatile Optical Networks for 10M Shares
		 mail? top

		 SAN JOSE, Calif. (VENTUREWIRE) -- Versatile Optical Networks, which designs
and manufactures optical and opto-electronic modules for data and
communications networks, said it has entered into an agreement to be acquired
by Vitesse Semiconductor for 10 million shares of Vitesse common stock.
Vitesse said the deal is expected to be completed by the end of September and
its value will be calculated based on the price of Vitesse's stock at the
close of the transaction. On Monday, Vitesse was trading at approximately $24
a share. Vitesse said the two parties already had a working relationship when
discussions began four weeks ago. Versatile will be integrated into Vitesse,
and Versatile's co-founders Amit Jain and Roger Hajjar will continue with the
combined company. No changes are expected in Versatile's 72 person staff,
which will continue to operate from its San Jose, Calif. office. Founded in
April 2000, Versatile had received $11 million from Sequoia Capital and
Telesoft Partners.
		http://www.versatileoptical.com
		http://www.vitesse.com

		Guggenheim to Launch For-Profit Art Site with VC Backing
		 mail? top

		 NEW YORK (VENTUREWIRE) -- The Solomon R. Guggenheim Foundation, which
operates an international network of museums, announced the formation of
Guggenheim.com, a for-profit Web site dedicated to the visual and performing
arts. The site, which is backed by GE Equity, Pequot Private Equity, and
Softbank Venture Capital, is set to launch this fall. According to president
and chief operating officer Judith Cox, Guggenheim.com will be a for-profit
entity, completely separate in management and operations from the Guggenheim
Foundation. The company will be a collaboration of the Solomon R. Guggenheim
Foundation along with participating museums, including The State Hermitage
Museum in St. Petersburg, Russia; The Albertina in Vienna, Austria; The
Kunsthistorisches Museum in Vienna; and the Zentrum fur Kunst und
Medientechnologie/Center for Art and Media in Karlsruhe, Germany. The
company, which was founded in May 2000, plans to generate revenues from
channels including advertising and sponsorship, content subscription,
syndication, and e-commerce. Ms. Cox joined the Solomon R. Guggenheim
Foundation as general counsel in 1991, and served as its deputy director
prior to joining Guggenheim.com. Before joining the Guggenheim Foundation,
she worked as a lawyer with Bankers Trust. Thomas Krens, who is also director
of the Solomon R. Guggenheim Foundation, will serve as chairman and interim
CEO of Guggenheim.com. He previously served as planning consultant to the
Brooklyn Museum. Hani Rashid, a co-founder of architectural and interactive
digital design firm Asymptote, will serve as the company's chief creative
officer and chief technology officer. Guggenheim.com, which has raised an
undisclosed amount of private equity to date, is looking to close a Series B
round of financing within the next twelve months.
		http://www.guggenheim.com

		Warburg Pincus Takes The Cobalt Group Private
		 mail? top

		 NEW YORK  (VENTUREWIRE) -- In one of the first public-to-private conversions
for an Internet company, publicly traded firm The Cobalt Group said it would
become a private company with buyout assistance from Warburg Pincus, one of
its original venture investors. The Seattle-based company provides Web sites
and services to online auto dealers and went public in August 1999. The deal
is structured as a merger with a shell affiliate of Warburg Pincus, which may
put as much as $35 million into the deal, according to managing director Greg
Back. Shareholders will receive $3.50 in cash for each share of common stock
they own. Shares held by Warburg Pincus, about 46% of the company, will not
be converted in the merger, but some ten million shares representing half the
company are outstanding. The deal has been in the works for several weeks and
was an "unsolicited bid" by Warburg Pincus, said John W.P. Holt, The Cobalt
Group's president and CEO. Mr. Holt owns 3% of the company's shares and will
remain as its executive. After a special committee of independent directors
reviewed and recommended the offer, The Cobalt Group's board of directors
voted unanimously to accept the deal. The transaction is still subject to
shareholders' approval and SEC review, and will not be completed until
September. Some aspects of the deal have not been finalized. Mr. Holt said he
could not comment on whether Chicago-based First Analysis, The Cobalt Group's
original venture backer and a continued shareholder in the company, would
sell off its holdings or retain an equity stake. First Analysis, which holds
a board seat and voted in favor of the deal, could not be reached for
comment. Mr. Holt said The Cobalt Group's employees were likely to remain
shareholders but those terms too have yet to be determined. Mr. Back said
that until the transaction is closed, he would not comment on why Warburg
Pincus initiated the deal or how The Cobalt Group might benefit from being a
private company. Recently, several venture firms, including Charter Growth
Capital and Patricof & Co. have expressed interest in public-to-private
conversions of tech companies, noting that good deals are available for
companies that have sound business models but either went public too soon or
are in sectors out of favor with the market. But until now no venture firm
has executed such a deal for an Internet company. The Cobalt Group is not
profitable and does not expect to have positive cash-flow from revenues until
late this year or early next. The company has seven business units and 630
employees in five offices around the country. Mr. Holt declined to comment on
whether the company would return to the public market in the future or be
acquired. He did say his job "feels a lot more secure today than it did a
week ago," and said the company's business plan will remain unchanged.
		http://www.cobaltgroup.com

		 new money
		?
		Corporate Backed Integres Eyes First VC Round
		 mail? top

		 RANCHO CORDOVA, Calif. (VENTUREWIRE) -- Integres Global Logistics, a
Web-based freight service provider, formally announced itself last week with
$30 million in corporate financing but the company is already eyeing an
additional $10 million to $20 million of venture capital to take it to
profitability in 24 months time. Integres was founded in June 2000 by United
Airlines, Roadway Express, and Unisys (the three together own more than 50%
of the company) along with American Airlines, G-Log, and UTi Worldwide. Now
the company is in discussions with a major West coast venture capital firm
for an additional investment. Integres' chairman and CEO James Hartigan
declined to name the VC firm (he said it has more than $1 billion under
management) saying he wants to keep the company's options open for the right
match. Mr. Hartigan, formerly vice president of United Airlines Cargo, said
the company is seeking venture financing to complement its own logistics
experience with the industry's experience with startups and to take advantage
of possible business relationships with companies in a venture firm's
portfolio. Integres plans to launch in the third quarter of this year by
integrating the services of its founding corporations to provide hard freight
service options to small and medium-sized businesses. In addition to American
and United Airlines, Integres also expects to announce partnerships with
three to five additional international airlines within the next 60 days.
Although some of its business will overlap with FedEx and UPS, Integres said
its more direct competition would be with independent small forwarders. The
company plans to earn revenue as a reseller to airlines and transportation
companies, through a direct offering, and through franchising options.
Although revenue goals were unavailable, the company did say it plans to use
$15 to $20 million out of the $30 million committed by the end of 2001 and
expects to begin 2002 with the remaining $10 million to $15 million. The
majority of the financing thus far has been used to set the company up, hire
staff, lay down the IT framework, and for sales activities. Integres
currently employs 20 people and plans to triple or quadruple its staff by the
third quarter.
		http://www.integres.com

		Optical Firm Calix Out of Hiding With $158 Million
		 mail? top

		 PETALUMA, Calif.  (VENTUREWIRE) -- Calix, a fiber-optic networking company,
made its first public fundraising announcement, saying it has raised $158
million over the course of three rounds, with the latest in March, from Azure
Capital,  contract manufacturer Flextronics, Integral Capital Partners,
Michael Dell's MSD Capital, Meritech Capital Partners, Pivotal Asset
manatement, Redpoint Ventures, and individuals Ajaib Bhardare, co-founder of
Cerent, Carl Russo, vice president of the optical networking group at Cisco.
The company, valued at approximately $535 million, has hired Flextronics to
manfacture its product, designed to simplify complex communications
infrastructure and expand fiber-optic networks. A Calix spokesperson could
not say when the product would be released. Michael Hatfield,  president and
CEO, and Tom Corker vice president, optical products, both previously of
Cerent, founded Calix in 1999. The company now employs 275 people.
		http://www.calix.com

		Avaki Announces $6M Series A, New Name, New CEO
		 mail? top

		 CAMBRIDGE, Mass. (VENTUREWIRE) -- Avaki, which develops distributed
computing technology for enterprises, announced it has closed $6 million from
Polaris Venture Partners as part of its Series A round. David Fish, formerly
COO of Engage, has also been named CEO, president, and director. The company
also said it has changed its name from Applied MetaComputing to reflect its
expanded focus on enterprise software for converging distributed, pervasive,
and peer-oriented computing. Polaris, which lead the round, is the sole
investor in this first tranche. A second tranche of the same or slightly
larger size is expected to close at the end of the summer. Mr. Fish, the new
CEO, said investors may include other venture capital firms as well as
strategic investors. Pre-money, Avaki had a valuation of $11 million. Looking
ahead, Mr. Fish predicted the company would close Series B funding in the
middle of 2002. However, he said it was too early to predict how much Avaki
would raise. Avaki anticipates monthly revenues of approximately $100,000 in
fall 2001 and $500,000 by the second half of 2002. Concurrent with Series A
financing, Avaki has appointed three new directors from Polaris to the board:
general partner Mike Hirshland; and venture partners, Bob Metcalfe and Dave
Barrett. They join Anita Jones, former director of DOD Research and
Engineering, Mr. Fish, and founder Andrew Grimshaw on the board. In the top
posts, Mr. Fish replaces Mr. Grimshaw,  who was CEO for two years. Mr.
Grimshaw, who began working on the technology in 1993 at the University of
Virginia, now serves as chief technology officer. Mr. Fish was introduced to
Avaki through Mr. Hirshland of Polaris. New money from the first tranche will
be used to license intellectual property from the University of Virginia,
where the distributed computing technology was first developed. The second
tranche will be used for market development of Avaki's first product, an
enterprise-class middleware  platform that was released two months ago to
charter customers and for licensing technology from software vendors. Avaki
will approximately double in size by the year's end, adding positions for
sales and marketing and for engineering to its current staff of 22. The
company is also recruiting vice presidents for business development,
marketing, and engineering.
		http://www.avaki.com

		Content Management Developer Cytura Gets $11M Round One
		 mail? top

		 HEATHROW, Fla. (VENTUREWIRE) -- Cytura, which develops XML-based
enterprise-class portal frameworks for content management, said it has closed
$11 million in its first institutional round. Lovett Miller and Noro-Moseley
Partners invested in this round. As a result of the round, Allen Moseley of
Noro-Moseley and Scott Miller of Lovett Miller will join CEO Raj Toleti and
COO Thad Seymour on the board of directors. Mr. Toleti said the board is
expected to add outside directors, growing to seven board members in the next
three months. New money will be used for expanding into new markets such as
financial services and manufacturing. Staff size is expected to nearly double
as the company grows from 55 to approximately 90 employees. Cytura expects
between $10 million and $15 million in revenues over the next twelve months,
with break-even occuring at the end of 2001. This first round will carry the
company to profitability, said Mr. Toleti. The company was founded in 1998.
		http://www.cytura.com

		Grass Valley Grabs $36 Million In First Outside Round
		 mail? top

		 NEVADA CITY, Calif. (VENTUREWIRE) -- Grass Valley Group, a digital media
company, said it raised a $36 million round led by a Lazard private equity
affiliate, its first outside round since it spun out of Tektronix two and a
half years ago. Terence J. Gooding, executive chairman of Grass Valley Group,
also participated along with other, undisclosed investors.  According to
president and CEO Timothy E. Thorsteinson, the company will use the funding
to strengthen its research and development and to make strategic
acquisitions. "We're looking for companies that will help us grow the
business long term, adjacent to the space," said Mr. Thorsteinson. "Software
applications that would run on our server business." The company, which
acquired Vibrint Technologies, a developer of digital newsroom systems, in
March of 2000, has released eight new products in the last six months
including a shared-storage system, Internet encoder, a platform for digital
new production, routers, and a video production switcher. According to Mr.
Thorsteinson, "Anybody that wants to improve quality of their video,"
including streaming media and Internet companies, can benefit from Grass
Valley's products and services. Current clients include Viacom, Lucent
Technologies, CBS, DirecTV, Ibeam, and NBC, which recently entered into a $25
million 3 year agreement with Grass Valley. "While the industry is going
through a bit of a slowdown right now, double digit growth is predicted over
the next three to five years," said Paul J. Zepf, Lazard's managing director,
who has taken the seventh seat on Grass Valley's board of directors. "Grass
Valley has most if not all of the elements we look for in a company. Mr.
Thorsteinson said the company, which saw $200 million in revenues last year,
plans to become profitable next quarter, and, depending on external market
conditions, could seek an IPO within the next few years.
		http://www.grassvalleygroup.com

		Electronics Design Tool Firm Atrenta Gets $6.7M Series A
		 mail? top

		 SAN JOSE, Calif. (VENTUREWIRE) -- Atrenta, a provider of collaborative
software tools for the design of complex electronic products, said that it
received $6.7 million in the first close of its Series A financing from
Venrock Associates, Qinvest, and Qwest. New investor Venrock led the round,
in which Qinvest and Qwest provided a combined $1.2 million. Atrenta said it
plans to use the new funds for marketing and sales, as well as for the
expansion of its staff, particularly in engineering. The company, which is
currently in revenue stage, expects the funds to last until profitability,
which it expects to reach by the second quarter of 2002. As a result of this
financing, Brian Ascher of Venrock Associates and Michael Hackworth of Cirrus
Logic have been granted seats on the company's five-member board of
directors, which still has two seats vacant. Prior to this round, the company
was backed by individuals. With an eye to strategic funds, Atrenta is looking
to close this round at $8 million within the next month.
		http://www.atrenta.com

		Flat Panel Co. ClairVoyante Labs Gets $4 M in Series A Funds
		 mail? top

		 SEBASTOPOL, Calif. (VENTUREWIRE) -- ClairVoyante Laboratories, a provider of
sub-pixel rendering technology for flat-panel displays, said it received $4
million in Series A funding from The Angels' Forum, Lakshmi Technologies,
North Bay Angels, Pacifica Fund, Selby Venture Partners, and unnamed
individuals. Selby Venture Partners, a new investor, led the round. According
to ClairVoyante's CEO and CTO Candice H. Brown Elliott, the company has a
post-money valuation of $8.5 million and a burn rate that is "ramping up."
Expected to last the company about 18 months, the funds will be used for
research and development as well as for staff expansion. As a result of the
financing, there were three new appointments to ClairVoyante's five-member
board of directors: Douglas Barry, a general partner with Selby Venture
Partners; Tim Oren, a general partner with Pacifica Fund; and private
investor Scott Macomber, who was most recently president of fabless IC
company Silicon Image. ClairVoyante, which currently has a team of six, said
it is actively hiring engineers and business development executives. Ms.
Elliot anticipates the headcount to reach 19 by the year's end, and 35 by the
close of 2002. She told VentureWire that company will be looking for Series B
financing of between $10 million and $20 million, to close by the first
quarter 2002.
		http://www.clairvoyante.com

		Financial Tech Firm Mantas Closes First Round
		mail? top

		 FAIRFAX, Va. (VENTUREWIRE) -- Mantas, a software provider for the global
financial services industry, announced closing its first round with an
undisclosed amount of funding from SRA International and Safeguard
Scientifics. Mantas is the first spin-off company from SRA Ventures, a joint
venture formed by SRA International and Safeguard Scientifics to take
advantage of SRA's technology. Richard Spires, formerly an executive at SRA
International, is the president and COO of Mantas.
		http://www.sra.com

		Lucent Takes Equity in Traffic Info Firm MetroCommute.com
		 mail? top

		 NEW YORK (VENTUREWIRE) -- MetroCommute.com, a provider of real-time traffic
information, said that it has granted Lucent Technologies an equity stake in
exchange for technology and an undiclosed amount of capital. As part of this
agreement, MetroCommute.com has acquired the worldwide rights to license
Lucent's automatic speech recognition and text-to-speech PhoneBrowser
technology. MetroCommute.com currently publishes data on its Web site and
through e-mail updates to wireless devices. The new services, which will
enable users to gain access to traffic information via mobile phones, are set
to launch within the next 90 days. As a result of this transaction, David
Stahl, a director of the Lucent New Venture Group, has been granted the sixth
seat on the board. Prior to this investment, MetroCommute.com has been backed
by individuals. The company is currently seeking an undisclosed amount of
first round financing, set to close by September.
		http://www.metrocommute.com

		Delphi Display Systems Gets $3 M Series A from Eaglestone
		mail? top

		 COSTA MESA, Calif. (VENTUREWIRE) -- Delphi Display Systems, which designs
and manufactures outdoor digital video display systems for the quick service
restaurant industry, said that it received $3 million in Series A financing
from Eaglestone Investment Partners. The company, which is currently
profitable, plans to use the new funds for product development and general
expansion. As a result of this financing, Eaglestone Investment Partners has
been granted a seat on the company's five-seat board of directors. President
and CEO Ken Neeld told VentureWire that he did not anticipate any additional
financing "at least for the next couple of years." Delphi Display's
applications include drive-through order confirmation, digital
point-of-purchase advertising, electronic billboards, and outdoor information
kiosks. Prior to this round the company was backed by unnamed individuals.
		http://www.delphidisplaysystems.com

		Fabless Semiconductor Firm Banderacom Gets $35M Round Two
		 mail? top

		 AUSTIN, Texas (VENTUREWIRE) -- Banderacom, which provides fabless InfiniBand
semiconductors, announced it has closed $35 million in a second round of
funding from Austin Ventures, Crossroads Systems, Infinity Venture Capital,
Intel, Jato Tech Ventures, QLogic, and Trinity Venture Capital. New investors
included Infinity Venture Capital, which led the round, QLogic, and Trinity
Venture Capital. All of Banderacom's existing investors participated in the
round. Although a company spokesperson did not disclose post-money valuation,
she said it was "significantly larger" than that of the previous round.
QLogic will take the sixth seat on Banderacom's board of directors. Funds
will be used for developing the IBandit silicon products family, which is
expected to launch in the third quarter. Second-round funding is expected to
last at least 18 months, at which time Banderacom expects to raise a third
round of roughly the same size. Although the company did not share revenue
projections, a spokesperson said Banderacom will break even in 18 to 24
months. Banderacom, which was founded in 1999, employs 70 and expects to add
about 50 more by the end of the year. New positions will be primarily in
software engineering.
		http://www.banderacom.com

		Optical Device Maker Optium Raises $35.5 Million Round Two
		 mail? top

		 ORLANDO, Fla. (VENTUREWIRE) -- Optium, which has developed proprietary
optical device and packaging technology to enhance high-speed voice and data
transmissions, announced it has raised $35.5 million in its second round of
funding from Battery Ventures, Corning Innovation Ventures, Dominion
Ventures, Texas Pacific, Kalkhoven, Pettit & Levin Ventures, and Kee Munder
Venture Partners. Kalkhoven, Pettit & Levin Ventures led the round, which
brings the total capital raised by Optium to date to $50 million. Texas
Pacific, Kee Munder Venture Partners, and Dominion Ventures were new
investors in the company. Founded in November 2000, Optium is headed by
co-chairman and CEO Paul Suchoski and Eitan Gertel, co-chairman and
president. Optium's optical technology was developed at the University of
Central Florida's School for Optics. The company has 40 employees and is
planning an aggressive hiring and marketing campaign.
		http://www.optium.com

		OSS Software Maker AP Engines Closes $30 Million Round Two
		 mail? top

		 MAYNARD, Mass. (VENTUREWIRE) -- AP Engines, which provides operational
support systems (OSS) integration platforms for telephony and broadband
provisioning and usage management, said it has closed $30 million in a second
round of funding. Atlas Ventures, Bessemer Venture Partners, Commonwealth
Capital Venture, Enron Broadband Services, Lighthouse Capital Partners,
Mentmore Venture Partners, and Thomas Weisel Capital Partners participated in
the round. New investor Thomas Weisel led the round; Enron, Lighthouse, and
Mentmore were also new investors in the company. The round also included $5
million in debt financing from Lighthouse. Company spokesperson Gary P.
Strickland declined to disclose post-money valuation, but indicated that it
was nearly double that of the previous round. As a result of the round,
Thomas Weisel takes a seat on AP Engines' board, bringing the total number of
directors to six. Funds will be used for research, development, and
distribution. This year's revenues are expected to exceed $10 million, with
the company breaking even in the first half of 2002.
		http://www.apengines.com

		Software Maker Harmonic Closes Series B at $15.2M
		 mail? top

		 SAN FRANCISCO, Calif. (VENTUREWIRE) -- Harmonic Communications, which
provides enterprise management software for campaign development across
traditional and digital media, announced it has closed $15.2 million in
Series B financing. Investors included Dentsu and Sequoia Capital. New
investor Dentsu led the round with $11.5 million in investments, while
Sequoia, the only existing investor, made up the balance. Valuation has
increased since the previous $10.8 million round, though president Gina
Bianchini declined to give details. Dentsu gains an observer seat on the
board, which consists of five directors. Funds will be used for technology
development and building out a Japanese market. Though she declined to share
projections for revenues or profitability, Ms. Bianchini said she did not
expect the company to raise another round of financing.
		http://www.harmonic.net

		Wireless Provider Bluefish Gets $1.8 in Second Round Funds
		 mail? top

		 SAN FRANCISCO (VENTUREWIRE) -- Bluefish Wireless, which develops a wireless
platform for two-way infrared communication between Palm-based handheld
devices and the Internet, said that it received $1.8 in second round funding
from Allen & Buckeridge and NetworkAsia. The round was led by NetworkAsia, a
new investor. According to CEO James Fisher the company plans to dedicate the
new financing to product, technology, and business development. This was an
up round, with post-money valuation of $7.5 million. Citing a monthly burn
rate of $180,000, Mr. Fisher expect the new funds to last through the next
year. With revenues anticipated by the end of this year, the company is
looking to achieve profitability by the third quarter of 2002. As a result of
this finanancing, Jason Cornell of NetworkAsia has been appointed to
Bluefish's five-member board of directors, which includes David Landers of
Allen & Buckeridge. In November 2000 the company raised $750,000 in Series A
financing from Allen & Buckeridge and unnamed individuals. Bluefish is
currently seeking Series C funds of around $10 million, set to close by the
first quarter 2002.
		http://www.bluefishusa.com

		Information Software Firm Casmir Raises $1.6M Second Round
		 mail? top

		 SALFORD, England (VENTUREWIRE) -- Casmir, which develops knowledge
management software, said it closed its second round at GBP 1.1 million ($1.6
million) from Axiomlab, Yorkshire Fund Managers, the University of Salford
Enterprises, and individuals. Previous investor Axiomlab led the round and
all the other participating investors were existing backers. Casimir said the
funding would be used for the marketing of its recently released first
product, Socialiser, which is a collaborative information retrieval software.
		http://www.casmir.net

		NxtPhase Raises $25 Million in Round Three
		 mail? top

		 VANCOUVER, Canada (VENTUREWIRE) -- NxtPhase, which develops digital and
fiber software and hardware for the electric power industry, said it has
closed $25 million private equity financing in a third round. Canadian
Science and Technology Growth Fund, GE Equity, GrowthWorks Capital,
Hydro-Quebec Capitech, Mitsubishi, Reliant Energy Ventures, Perseus 2000,
Western Technology Seed Investment Fund LImited Partnership, and Wexford
participated in the round. New investor GE Equity led the round, which
included other new investors Mitsubishi, Perseus 2000, Reliant Energy
Ventures, and Wexford Capital. All existing investors participated as well.
BIBC World Markets served as financial advisors. Post-money, the company's
valuation was higher than after the last round. Hans Kobler, vice president
of GE Equity, joins the board of directors, as does managing director of
Perseus 2000 John C. Fox. The board includes seven members, including one
seat reserved for an outside director. Funds will last for a couple of years,
said NxtPhase CEO Richard MacKellar, but the company expects to seek more
financing in the future. In addition to product development and working
capital, the new money will also help complete a manufacturing facility that
will integrate, test, and ship products. The company expects the facility to
be finished in the third quarter. NxtPhase, which employs 75 currently, will
add at least 25 more by the end of the year. To date the company has raised
$32.3 million. NxtPhase was formed in 1998 through a merger of Carmanah
Engineering and part of Honeywell's space and aviation group.
		http://www.nxtphase.com

		SafeRent Collects $13.4 Million in Round Three
		 mail? top

		 DENVER, Co. (VENTUREWIRE) -- SafeRent, a provider of online credit and risk
management services to the apartment industry, said it has closed $13.4
million in third round funding. Archstone Communities, AvalonBay Communities,
Boulder Ventures, Cohen & Steers Capital Management, Hexagon Investments,
Inter-Atlantic Fund, Internet Realty partners, Mellon Ventures, Potomac
Ventures, and Roser Ventures provided the funding. Existing investor Mellon
Ventures led the round, which included new investors AvalonBay Communities,
Cohen & Steers Capital Management, Inter-Atlantic Fund, and Internet Realty
Partners. The remaining participants are existing investors. SafeRent's CEO
Linda Bush said post-money valuation declined since the last round. No board
appointments resulted from this round. SafeRent said the new money will be
used for sales and marketing and for launching new products. The company
expects to launch services for affordable housing, criminal recommendations,
portfolio analysis, and small owners. The company will add approximately
twelve new positions to its 75-employee staff, half for sales and marketing
and half for software development. SafeRent expects revenues for 2001 to
total between $10 million and $11 million, with the company breaking even in
the first quarter next year. The company will "more likely" be a candidate
for acquisition than for an IPO, said Ms. Bush. The company has raised more
than $21 million in equity  financing to date.
		http://www.saferent.com

		HydroCision Gets $2M from Oxford Bioscience, Closes Series E
		 mail? top

		 ANDOVER, Mass. (VENTUREWIRE) -- HydroCision, a provider of waterjet
technology for arthroscopic surgical procedures, said that it closed its
series E round with an additional $2 million in financing from Oxford
Bioscience Partners. This investment brings the company's Series E round,
which had its initial close in April, to $7.5 million. New investor Oxford
Bioscience Partners led this round, with participation from previous
investors Newbury Ventures and Zero Stage Capital. The company plans to
dedicate the new funds to sales and marketing, as well as for the developent
of products geared toward surgical fields related to urology, dermatology,
and gynecology. According to HydroCision's president and CEO Donald C.
Freeman Jr., this was an up round, with a post-money valuation of $19
million. Declining to reveal the company's burn rate, Mr. Freeman said he
expects the funds to last "at least a year" and eyes profitability by
mid-year 2002. As a result of this financing, there were no new appointments
to the company's five-member board of directors, which includes Jeff Barnes
of Oxford Bioscience Partners, Bruce Baur of Newbury Ventures, and Paul
Kelley of Zero Stage Capital. The company has raised $10.7 million to date.
		http://www.hydrocision.com

		PC Management Tech Firm Connected Raises $30M Series F
		 mail? top

		 NATICK, Mass. (VENTUREWIRE) -- Connected, which provides corporations with
software and services to manage and protect their desktops and mobile PCs as
well as stored information assets, said it has secured $30 million in its
Series F round of funding led by previous investor, Baker Capital and
Fidelity Ventures. Five new investors -- Peregine Systems, StarVest Partners,
New York Life Capital Partners, Ironside Ventures and Deutsche Banc Alex.
Brown -- also participated in this round along with existing investors,
Granite Ventures, Applied Technology and Solstice Capital. CEO Bob Brennan
said the company went through a difficult fundraising process, which lasted
seven months and with more than 60 meetings. He declined to discuss the
details of the valuation, saying it was in the $50 million to $100 million
range, and essentially a flat round compared to the previous round. Connected
plans to use the funding to accelerate the development and marketing of its
latest software, which is slated to launch at the end of the month. The
company, which has a total of 150 employees, also intends to expand its staff
in Europe. Mr. Brennan said Connected has no plans to raise an additional
funding because the company has sufficient capital to fund all operations
until it reaches profitability in the first half of 2002. Presently,
Connected has about 310 Global 2000 customers, including Hewlett Packard
North America, Lucent Technologies, PeopleSoft, and Cisco Systems. Connected
has made $25 million in annualized revenues and expects revenues to continue
doubling each year as it has done for the past three years, Mr. Brennan said.
Connected's products and services are geared toward reducing computer
downtime by improving backup and recovery of data, migration, and application
self-healing. Connected said that Intel, a previous investor, was "not
encouraged" to invest in this round, and following a mutual agreement, also
declined investments from Softbank, another previous investor.
		http://www.connected.com

		Qpass Clears $15 Million in Series F
		mail? top

		 SEATTLE (VENTUREWIRE) -- Qpass, a provider of commerce services
infrastructure, said it raised $15 million in its Series F round from
Accenture Technology Ventures, American Express, Hook Partners, J&W Seligman
& Company, Oak Investment Partners, Partech International, RRE Ventures,
SeaPoint Ventures, Venrock Associates, and individuals. All the investors in
this round were previous investors. The company said the funding would be
used for continuing product development and for client services
infrastructure. To date, Qpass has raised $85 million.
		http://www.qpass.com

		Web-Based Planning Software Adaytum Gets $7.4 M Series F
		 mail? top

		 MINNEAPOLIS (VENTUREWIRE) -- Adaytum, which provides Internet-based
enterprise planning software that allows organizations to plan, track,
analyze, and forecast business activities, announced it has raised $7.4
million in its Series F round from 3i Group, Accenture, American Express,
J.P. Morgan/H&Q, and St. Paul Venture Capital. Previous investor St. Paul
Venture Capital led the round, in which all the participating investors were
existing Adaytum backers. Compared to the previous round, the Series F was a
flat round, said CEO Guy Haddleton. He added that the company now had
sufficient funding to sustain the business until it gets to profitability
sometime before the end of the year. The company plans to use the round to
continue its worldwide growth in sales, marketing, branding, consulting, and
product development. The company, which has a total of 322 employees, plans
to add 30 more people to its staff by the end of the year, said Mr.
Haddleton. Adaytum expects to make between $55 million to $60 million in
revenues this year. The company, which has raised over $30 million to date,
has filed for an initial public offering. Mr. Haddleton said that, in spite
of the poor performance of the stock market, he has no plans to pull the S-1
registration filed last June. J.P. Morgan H&Q serves as the lead underwriter,
along with Piper Jaffray and FAC Equity. Adaytum is proposing an offering
price between $9 and $11, and expects to raise $50 million to $60 million in
the offering. Adaytum has offices in the U.K., The Netherlands, and
Australia, and has 22 distributors worldwide.
		http://www.adaytum.com

		Naviant, Online Marketing Technology Firm, Gets $15 Million
		 mail? top

		 NEWTON SQUARE, Pa. (VENTUREWIRE) -- Naviant, the parent company of Naviant
Marketing Solutions, a provider of marketing tools for customer relationship
management, raised $15 million from Softbank Capital Partners and TL
Ventures. Softbank, which had invested $25 million in Naviant in March 2000,
led the round with a $14 million investment. TL Ventures contributed $1
million to the round. Both Steve Murray, of Softbank, and Robert E. Keith
Jr., of TL Ventures, will take seats on the Naviant board of directors.
		http://www.naviant.com

		 bad news
		?
		Report: MetaTV Co-Founder, CEO is Arrested
		mail? top

		 NEW YORK (VENTUREWIRE) -- Ranjit Singh Sahota, CEO and co-founder of
interactive television technology provider, MetaTV, was arrested for
allegedly raping a 12-year-old girl he met on the Internet, according to a
report in today's Wall Street Journal. According to the Journal, Andrew Lev,
MetaTV co-founder and president, will continue to run the company. Mr. Singh
Sahota was arrested in San Francisco's Golden Gate Park after approaching an
FBI agent who had been posing as a 14-year-old girl with whom Mr. Singh
Sahota had conducted sexually explicit online chats, the report said.
According to the report, Mr. Sahota is accused of meeting the 12-year-old
girl in Internet chat rooms last year. Authorities say he arranged to meet
her in a park and lured her to a hotel room where he allegedly raped her.
MetaTV, which is based in Sausalito, Calif., raised $28 million in April of
2001 from investors including Comcast Interactive Capital, Cox
Communications, Atrium Venture Partners, Crown Technology Partners, Harron
Capital, Liberate Technologies, Redpoint Ventures, Rosewood Venture Group,
and Saints Ventures.
		http://www.metatv.com

		AtomShockwave President Steps Down, Firm Closes Offices
		 mail? top

		 SAN FRANCISCO (VENTUREWIRE) -- AtomShockwave, an online entertainment and
content distribution company, said its president Matt Hulett is stepping
down. The company also disclosed some details of its recent staff cuts and
said that it is closing its New York and Los Angeles offices and phasing out
its London office. A company spokersperson would not confirm published
reports that 120 people were laid off last week, but did say that 50
employees remain at the company. At its peak, AtomShockwave employed 180
people. The company had no comment on severance packages. AtomShockwave said
it will continue to operate its offices in Japan and San Francisco.
AtomShockwave's backers include Allen & Co., Arts Alliance, Chase Capital
Partners, Intel Capital, J.P. Morgan Entertainment Partners, Macromedia
Ventures, Sequoia Capital, Trans Cosmos USA, Warner Bros. Online, WaterView
Advisors, and individuals.
		http://www.atomshockwave.com

		Site Monitoring Firm webHancer Cuts 10% of Staff
		 mail? top

		 OTTAWA (VENTUREWIRE) -- WebHancer, an Ottawa-based company that monitors and
analyses Web site performance, has cut eleven employees from its staff,
according to its CEO Bruce Linton. The layoffs resulted in early May from the
company's decision to cut its scalability testing operations, which Mr.
Linton said was "not a core business area." Those operations had proved an
obstacle to potential partnerships with companies such as Mercury or RSW that
have strong and competing scalability testing offerings, he said. Mr. Linton
said he does not expect the company to be profitable before the second
quarter of 2002. The company's sales cycle has been extended as potential
customers have become "incredibly cautious." WebHancer generates revenues
through monthly subscriptions and is focused on signing customers among the
top 100 to 200 most highly trafficked Web sites. Mr. Linton did not disclose
the company's burn rate, but said that the firm's major costs come from
employee salaries. About 75% of the company's 86 employees are technical
staff, he said. The company, which last raised funds in June 2000 with a $13
million round, will not begin new fundraising until at least September. Mr.
Linton also declined to comment on the company's current valuation. Venture
Investment Management Co., Jefferson Partners, Skypoint Capital, McLean
Watson Capital, and Capital Alliance are investors in webHancer, as is
strategic partner Entrust Technologies. webHancer had also received funding
from PSINet Ventures as part of a partnership agreement to develop technology
for e-business programs with PSINet, which filed for bankruptcy last week.
Mr. Linton said the company had "learned a lot from executive discussions"
with PSINet but that the PSINet agreement was "not part of our go-to-market
plan." Despite the layoffs, webHancer is still hiring. Two new employees, in
business partnerships and sales, joined the company this week, and spots are
open in operations and R&D, Mr. Linton said.
		http://www.webhancer.com

		Bitlocker.com to End Web Database Infrastructure Service
		 mail? top

		 PALO ALTO, Calif. (VENTUREWIRE) -- Bitlocker.com, a provider of Web database
infrastructure to high volume Web sites, will end its service as of June 15,
according to the company Web site. CEO Rich Shane declined to comment on the
company's financial situation, but indicated that Bitlocker.com may make a
formal announcement by the end of June. Bitlocker.com has raised $10 million
from Angel Investors, Labrador Ventures, Redleaf Group, two law firms, an
accounting firm, and individuals including Four11 and RocketMail co-founder
Michael Santullo.
		http://www.bitlocker.com

		 new products
		?
		Telco Soma Networks to Launch with $70 M Raised to Date
		 mail? top

		 SAN FRANCISCO (VENTUREWIRE) -- Soma Networks, a "last mile"
telecommunications infrastructure company which is launching later this year,
said it has raised $70 million to date over multiple rounds of funding from
individuals including former N.J. Senator Bill Bradley; Jim Manzi, former CEO
of Lotus Development; Compaq Computer's co-founder Ben Rosen, and other
undisclosed investors. CFO Scott Gibson said Soma plans to launch its first
product, SomaPort, after it completes its customer trials later this year.
Soma is developing telecommunication infrastructure to provide converged
voice and broadband data services for the "last mile." The technology enables
local exchange carriers, competitive local exchange carriers, wireless
telephone companies, and other service providers to provide complex telephony
and data services to residential customers and small offices. Soma says it
has the only IP wireless system able  to handle a mix of real services
including voice and videoconferencing, without the lead time and expense
associated with negotiating rights of way, digging trenches, or laying copper
or cable. The company said consumer spending for telephony, broadband
Internet access, and related residential services will be $105 billion by
2002 and more than 70% of that spending can be captured by Soma Networks'
target service provider customers. Yatish Pathak, president and CEO; Martin
Snelgrove, senior vice president of product strategy; and Michael Stumm,
chief technology officer founded the company in January 1998. With 230
employees, Soma also has offices in Ottawa, Toronto, and Richardson, Texas.
		http://www.somanetworks.com

		Hardware Manufacturing Software Firm Bom.com Launches
		 mail? top

		 MOUNTAIN VIEW, Calif. (VENTUREWIRE) -- Bom.com, which provides a Web-based
software application for hardware design and manufacturing organizations with
a centralized workspace for storing, managing, accessing, and sharing all
data, announced it has launched its first product. The product, which is also
called bom.com, employs a relational database to manage whole-product bills
of materials and information, allowing companies to reuse design data and
reduce development costs and speed up time to market. Bom.com charges $100 a
month per user. The company was founded by CEO Michael Topolovac, previously
founder and CEO of Light & Motion Industries; CTO Eric Larkin, a former
consultant with design and development firm D2M; and COO Michael DeLapa, who
was previously interim COO and vice president of Web site publishing at
Beyond.com. Bom.com is backed by John Pasquesi, former managing director of
Helman and Friedman; Jeffrey Rodman, co-founder of Polycom; Jerome Dodson,
president of Parnassus Fund; Brian Underwood, founder of Silicon Image; and
other individuals.
		http://www.bom.com

		ForwardAction Launches to Help Sacramento Area Startups
		 mail? top

		 ROSEVILLE, Calif. (VENTUREWIRE) -- ForwardAction, a consulting firm focused
on assisting seed and early stage companies in the Sacramento area, announced
its launch. ForwardAction, which will receive both fees and equity for its
services, said it already began assisting eight startups in the first quarter
of 2001. The company focuses on startup companies in the high-tech and
consumer packaged goods sectors that have a completed product and are seeking
multimillion-dollar funding to formally launch their companies. A
spokesperson for ForwardAction said the firm is working with a number of
undisclosed venture capital firms. ForwardAction's current high-tech startup
clients include Emaginews, iConvention, and StratoLink. The company said it
is in the process of formally launching its incubator, Launch! Idea
Accelerator.
		http://www.forwardaction.com

		Biotech Firm Mycometrix Changes Name to Fluidigm
		 mail? top

		 SAN FRANCISCO (VENTUREWIRE) -- Mycometrix , a developer of on-chip,
microscale valves and pumps that control femtoliters of fluid for the
biotechnology industry, announced that the company has changed its name to
Fluidigm. The company, whose micro-pump and valve technology is used to
create miniature fluidic circuits, currently targets drug discovery arena.
Future applications for its products include the drug delivery, diagnostics,
chemical, and power markets. Fluidigm is backed by InterWest Partners.
		http://www.fluidigm.com

		Software Infastructure Firm Gazoo Changes Name to Talaris
		 mail? top

		 SAN FRANCISCO (VENTUREWIRE) -- Gazoo, a software infrastructure company that
develops and markets a platform and application for buyers and suppliers of
business and personal services, announced it has changed its name to Talaris.
Currently in stealth mode, Talaris plans to launch in early summer. The
company is funded by Jafco Ventures, Charter Venture Capital, and individual
investors.
		http://www.talaris.com

		GDX Changes Name of Six Affiliates
		mail? top

		 LINCOLNSHIRE, Ill. (VENTUREWIRE) -- Global DocuGraphix (GDX), a document
management and graphics services firm, said six of its affiliate companies
have changed their names to Global DocuGraphix, for Everything Business. GDX
cited an increased awareness for brand recognition as the reason for the
change. The companies that have changed their names are: Associated Business
Products of Santa Rosa, Calif.; Bank and Business Systems of Baton Rouge,
La.; BNB Systems of Little Rock, Ark.; Data Pro of Huntsville, Ala.; Inform
of Nashville, Tenn.; and Structured Graphics of Houston, Texas. Three GDX
affiliate companies have not changed their name. They are Document Imaging of
Greenwood Village, Colo.; Scanning Systems of Eden Prairie, Minn.; and
TopForm Software of Norcross, Ga. Global DocuGraphix is backed by Thoma
Cressey Equity Partners.
		http://www.gdx.cc

		 m&a
		?
		Schroder Ventures Acquires Market Place Media For $28M Cash
		 mail? top

		 NEW YORK (VENTUREWIRE) -- The Schroder Ventures US Fund, a private equity
fund focused on media, communications, technology, and services, said it
signed a definitive agreement to acquire Armed Forces Communications, known
as Market Place Media (MPM), from publicly traded CTN Media Group for $28
million in cash. MPM provides advertisers with media placement and promotions
services targeted at speciality markets including minority, college, and
military markets. Andy Sawyer, senior vice president and CFO of MPM, will
become president of the newly independent MPM when the deal closes. All 90
employees will remain with MPM. The company brought in $48 million in
revenues in 2000. Schroder Ventures comprises 24 funds with committed capital
of more than $7 billion. The firm formed Schroder Ventures U.S. Fund in 1999.
		http://www.schroders.com

		Progress Software Acquires Allegrix
		mail? top

		 BEDFORD, Mass. (VENTUREWIRE) -- The Progress Company, a business unit of
publicly traded Progress Software, said it acquired Allegrix, an application
service provider based in Santa Clara, Calif. Financial details of the
transaction were not disclosed. Allegrix will operate as a business unit of
Progress Software and remain in Santa Clara, Calif. Co-founders CEO Chris
Clabaugh and COO Scott Chapman will continue with the combined company and no
changes are expected to Allegrix's staff. In total, Allegrix had raised $5.6
million in seed and first round funding from Signia Ventures, the Santa Cruz
Operation, Western Investment Capital, and individuals.
		http://www.allegrix.com

		Mobile App Firm Everypath Buys Sitraka's Mobility Division
		 mail? top

		 SAN JOSE, Calif. (VENTUREWIRE) -- Everypath, a mobile application platform
provider, announced it has acquired the mobility division of Sitraka, a
provider of Internet software technologies for IT organizations, in a cash
and stock transaction of undisclosed value. Matt DiMaria, the company's vice
president of marketing, said Everypath will integrate Sitraka's mobile alert
and response platform with its own. Mr. DiMaria said Everypath will retain
over two dozen employees from Sitraka, who will remain in their Toronto
office. Everypath has raised about $98 million in funding to date from
Accenture's AC Ventures, Amerindo Investments, Asia Tech Management,
Comdisco, Dain Rauscher Wessels, Deutsche Bank Alex. Brown, E*Trade,
Liberate, Raza Ventures, Redwood Ventures, Robertson Stephens, Sevin Rosen
Funds, Sun Microsystems, Texas Pacific Group, U.S. Venture Partners,
Wasserstein Adelson Ventures, and WR Hambrecht.
		http://www.everypath.com

		 new directors
		?
		NETdelivery Appoints CDP Sofinov Exec. as New Director
		 mail? top

		 BOULDER, Colo. (VENTUREWIRE) -- NETdelivery, a provider of digital
technology for online data management, announced that Fabrice Lucherini, an
investment manager for CDP Sofinov, a subsidiary of the Caisse de depot et
placement du Quebec, has joined its board of directors. Mr. Lucherini joins
as the seventh member of the company's board of directors, which includes
George Middlemas, managing general partner of Apex Investment Partners; John
Regan, general partner of Keystone Venture Capital; and John R. Walter, the
former CEO and COO of AT&T. This is a new seat on the board. NETdelivery is
backed by Apex Investment Partners, Keystone Venture Capital Management,
Output Technlogogy Solutions, and United Parcel Service.
		http://www.netdelivery.com

		Wall Street Global Appoints CML Executive to Board
		 mail? top

		 NEW YORK (VENTUREWIRE) -- Wall Street Global, a provider of Internet-based
mutual funds and annuities platforms for mid-size financial institutions,
announced that Charles M. Leighton, most recently the founder and chairman of
retailer CML Industries, has joined its board of directors. Mr. Leighton
joins as the fifth member of the company's board, which currently does not
represent any venture investors. To date, Wall Street Global has raised about
$2 million from the Wall Street Financial Group and unnamed individuals. The
company, which expects to reach profitability within the year, is in the
process of raising an undisclosed amount of first round financing.
		http://wallstreetglobal.com

		 new people
		?
		Iris Labs CEO Joins Metera Networks as CEO
		 mail? top

		 RICHARDSON, Texas (VENTUREWIRE) -- Metera Networks, which develops optical
service aggregation and management products for metro-area carrier networks,
said H. Michael Zadikian has joined the company as CEO and president. He had
served as president and CEO of Iris Labs, a member of the Iris Group startup
alliance and provider of network management software. Mr. Zadikian, who also
gains a seat on the Metera board,  replaces Zareh Baghdasarian, a Metera
co-founder and former CEO. Mr. Baghdasarian left the company to join Coree
Networks as chief operating officer and executive vice president of
engineering. Coree Networks, an Iris Group startup company, develops core
packet switching systems. The Iris Group alliance consists of Coree Networks,
Iris Labs, Latus Lightworks, and Metera Networks. Metera Networks is backed
by $24 million from Mayfield Fund, Sevin Rosen Funds, Lightspeed Venture
Partners, and Hook Partners.
		http://www.metera.com

		MobileStar Appoints WorldCom Head as President & CEO
		 mail? top

		 RICHARDSON, Texas (VENTUREWIRE) -- MobileStar Network, a provider of
broadband wireless Internet access, announced the appointment of Robert A.
Kaiser as its new president and CEO. Prior to joining MobileStar, Mr. Kaiser
served as CEO of WorldCom broadband solutions group. Mr. Kaiser replaces
former president and CEO Mark Goode, who left the company in early March to
pursue personal interests. In the interim, a "president's office" comprising
Ali Tabassi, the company's chief technology and development officer, George
Sutton, chief operating officer, and chief financial officer Kevin McAleer,
maintained the company's day-to-day operations. Prior to joining WorldCom,
Mr. Kaiser served as CEO and CFO of SkyTel, where he was responsible for
SkyTel's financial restructuring which led to WorldCom's acquisition of the
company. MobileStar is backed by Blueprint Ventures, Mayfield Fund, Norwest
Venture Partners, Sienna Ventures and Texas Pacific Group.
		http://www.mobilestar.com

		World Wide Packets Adds Architel Systems Co-founder as Pres.
		 mail? top

		 SPOKANE, Wash. (VENTUREWIRE) -- World Wide Packets, which provides hardware
and software for optical broadband connectivity, said it appointed David
Curry president and chief operating officer. Mr. Curry is a board member and
an investor in the company, and previously co-founded Architel Systems, a
telecom and OSS product and services provider in Canada. World Wide Packets
is backed by Azure Capital Partners, Corning Innovation Ventures, Koch
Ventures Group, Millennium Technology Ventures, and Rock Creek Capital.
		http://www.worldwidepackets.com

		 vc fund news
		?
		Leader Capital's Next Joint Venture: Solvos Asia
		 mail? top

		 NEW YORK (VENTUREWIRE) -- Leader Capital Management, the New York-based
corporate venture capital unit of Korean conglomerate SK Global, will launch
another joint venture, Solvos Asia, within the next two weeks, according to
Sabrina H. Moon, vice president of venture capital for SK Global America. The
new joint venture is part of Leader's ongoing strategy to launch Asian
startups in partnership with its existing U.S.-based portfolio companies.
Solvos, a New York-based provider of vendor selection automation software,
will help form Solvos Asia with Leader Capital Management. Typically, a
Leader startup will hold 30% of the equity in its Asian counterpart, with SK
Global leading a group of Asian investors to hold 70% equity. These Asian
investors include V Society, a group of individual investors. "We'll fund an
idea in this country and if there is a value proposition for the Asian market
we bring that company into the Asian market," said Ms. Moon. She added that
being a unit of SK Global, one of the largest conglomerates in Korea, gives
Leader access to deals.  "Our position in this market is the gateway to the
Asian market," she said.  "We are the dealmakers there." Leader Capital
Management helped start Hotlens Asia, the Korean affiliate of Hotlens.com, a
New York-based content management software provider, though Hotlens.com was
not a Leader portfolio company. Leader Capital Management has also assisted
in the formation of ITM Korea, the Korean affiliate of an unannounced
U.S.-based startup that the venture unit is in the process of funding. Leader
Capital Management, which has a vice president, three managing directors, and
two analysts sourcing deals, started in June of 2000 and invested in five
companies last year.  Leader has invested $3 million over the past year in 5
portfolio companies, and while it has not invested in any new companies this
year, it plans to invest another $3 million in 6 companies by the end of the
year, in addition to 2 to 3 follow-on investments and new Asian ventures. The
venture unit, which is completely funded by parent company SK Global, has no
plans to seek outside limited partners, but doesn't rule it out. The earliest
it would search for outside limited partners would be in the next 12 to 18
months.
		http://www.leaderok.com
		http://www.skglobal.com

		 vw corrections
		?
		Bodha
		 mail? top

		 NEW YORK (VENTUREWIRE) -- An item about enterprise software and services
company Bodha in Monday's VentureWire incorrectly described iBrain, a company
that Bodha CEO Vishal Sikka founded. iBrain was eventually acquired by
PatternRx, not PlatnetRx.

		Silicon Alley Seed Investors
		 mail? top

		 NEW YORK (VENTUREWIRE) -- An item about Sevin Rosen Funds in Monday's
VentureWire misspelled the name of a New York venture firm with which Sevin
Rosen has a formal relationship. The firm's name is Silicon Alley Seed
Investors, not Silicon Valley Seed Investors.

		company index
		top

		Adaytum, Allegrix, AP Engines, AtomShockwave, Atrenta, Avaki, Banderacom,
Bitlocker.com, Bluefish Wireless, Bom.com, Calix, Casmir, ClairVoyante
Laboratories, Connected, Cytura, Delphi Display Systems, Everypath, Fluidigm,
ForwardAction, Global Docugraphix, Grass Valley Group, Guggenheim.com,
Harmonic Communications, Hydrocision, Leader Capital Management, MetaTV,
Metera Networks, MetroCommute.com, MobileStar Network, Naviant, NETdelivery,
ntegres Global Logistics, NxtPhase, Optium, Patricof & Co. Ventures, Qpass,
Saferent, Schroder Ventures, SK Global, Soma Networks, SRA International, The
Cobalt Group, Versatile Optical, Vitesse Semiconductor, Wall Street Global,
webHancer, William Blair Capital Partners, World Wide Packets

		Let Technologic Partners give you a panoramic view of the
		latest technology that will streamline the way money is
		traded, loaned, and managed:

		Financial Services Outlook-July 31

		Right now, Internet companies provide technologies that do
		everything from render opaque trading markets transparent
		to attract high net-worth individuals. At Financial Services
		Outlook, you'll hear the CEOs of 50 private e-finance com-
		panies and panel discussions featuring industry leaders,
		who will offer their assessment of the market opportunities.

		Register and reserve your place
today:http://www.financialservicesoutlook.com/register.asp

		investor index
		top

		3i Group, Accenture, Accenture Technology Ventures, Allen & Buckeridge,
American Express, American Express, Archstone Communities, AvalonBay
Communities, AxiomLab, Azure Capital Partners, Boulder Ventures, Canadian
Science & Technology Growth Fund, Cohen & Steers Capital Management, Dentsu,
Eaglestone Investment Partners, Flextronics, GE Equity, Growth Works Capital,
Hexagon Investments, Hook Partners, Hydro-Quebec CapiTech, Integral Capital
Partners, Inter-Atlantic Fund, Internet Realty Partners, J. & W. Seligman,
J.P. Morgan Chase & Co., Lazard Technology Partners, Lovett Miller & Co.,
Mellon Ventures, Meritech Capital Partners, Mitsubishi, MSD Capital,
NetworkAsia, Noro-Moseley Partners, Oak Investment Partners, Partech
International, Perseus Capital, Pivotal Asset Management, Polaris Venture
Partners, Potomac Ventures, Redpoint Ventures, Roser Ventures, RRE Ventures,
SeaPoint Ventures, Sequoia Capital, St. Paul Venture Capital, University of
Salford Enterprises, Venrock Associates, Venrock Associates, Western
Technology Investment, Wexford, Yorkshire Enterprise Group

		your account

		click on the following links to:
		 Switch to the plain-text version
		 Change your e-mail address
		 Cancel your subscription
		 Thoughts, suggestions, commentary
		 This newsletter was mailed to you at:  jdasovic@ENRON.COM

		contact

		Send news items to editor@venturewire.com
		Send questions, complaints, or service queries to venturewire@venturewire.com
		Send advertising inquiries to visconti@venturewire.com

		legal

		This copy of VentureWire and the information within it may not be reproduced,
saved, or otherwise copied into a database without the prior written consent
of Technologic Partners.

		VentureWire is a service mark of Technologic Partners
		,2001 Technologic Partners
			?


Vincent & Ludmila Kaminski
10 Snowbird
The Woodlands, TX 77381


Objective:

To finish up work not completed during Monday's meeting.

Debra


I will facilitate the call.
"Odle, David" <DOdle@ercot.com>
02/05/2002 05:59 PM
To: "1 Standard Electronic Transactions" <set@ercot.com>
cc:
bcc:
Subject: Change Control Conference Call 2/8/02
Due to a family emergency, I will not be able to facilitate the Change
Control Conference Call this Friday, 2/8/02.
We have two options:
1. Cancel the call until next week.
2. Someone else facilitate...  if you choose this option, I will rely on
Kyle Patricks excellent notes to get the logs and everything
updated.
The log will be a week delayed in getting updated, however, I will make
this a priority when I return next week.
I will be available by Cell Phone.
Thank You,
Dave Odle
Dave Odle
Retail Transaction Lead
ERCOT The Texas Connection
(512) 248-3948
(512) 567-2329 Mobile
dodle@ercot.com


ONEPASS MEMBER CO.O.L. TRAVEL SPECIALS
DOMESTIC U.S.
Wednesday, June 6, 2001
****************************************

GO PAPERLESS WITH ONEPASS ONLINE

Electronic notification is the fastest way to receive
your OnePass statement and update. You can also view
your most recent activity online. Go to
http://airmail.continental.com/cgi-bin5/flo?y=eD7703p650a0nZt0Am
and select the e-mail communication button to sign
up for online statements today.

****************************************
TABLE OF CONTENTS FOR CO.O.L. TRAVEL SPECIALS
1. OnePass Miles CO.O.L. Travel Specials Offers
2. CO.O.L. Travel Specials Offers
3. Featured Fares Sample Destinations
4. Alamo Rent A Car Offers
5. National Car Rental Offers
6. Westin Hotels & Resorts, Sheraton Hotels & Resorts,
   Four Points by Sheraton, St. Regis, The Luxury Collection and W Hotels
7. Hilton Hotel Offers

****************************************
This week's specials are good for the following markets departing Saturday,
June 9 and returning on either Monday, June 11 or Tuesday, June 12, 2001.
Please see the Terms and Conditions listed at the end of this e-mail.

****************************************
1. OnePass Miles CO.O.L. Travel Specials Offers

For OnePass members, here are special opportunities to redeem miles for
travel to the following destinations. As an additional benefit, OnePass
Elite members can travel using the miles below as the only payment
necessary. The following are this week's OnePass CO.O.L. Travel Specials.

To use your OnePass miles (as listed below) to purchase CO.O.L. Travel
Specials, you must call 1-800-642-1617.

THERE WILL NOT BE AN ADDITIONAL $20 CHARGE WHEN
REDEEMING ONEPASS MILES FOR CO.O.L. TRAVEL SPECIALS THROUGH
THE TOLL FREE RESERVATIONS NUMBER.

****************************************
TRAVEL MAY ORIGINATE IN EITHER CITY
****************************************
****Roundtrip BETWEEN CLEVELAND, OH and:

$29 + 12,500 - Albany, NY
$29 + 15,000 - Buffalo, NY
$29 + 15,000 - Dayton, OH
$29 + 15,000 - Grand Rapids, MI
$29 + 15,000 - Hartford, CT
$29 + 12,500 - Indianapolis, IN
$29 + 12,500 - Milwaukee, WI
$29 + 10,000 - Nashville, TN

****Roundtrip BETWEEN HOUSTON, TX and:

$29 + 12,500 - Abilene, TX
$29 + 10,000 - Baton Rouge, LA
$29 + 15,000 - Boston, MA
$29 + 10,000 - Corpus Christi, TX
$29 + 17,500 - El Paso, TX
$29 + 10,000 - New Orleans, LA
$29 + 17,500 - Tucson, AZ

****Roundtrip BETWEEN NEW YORK/NEWARK and:

$29 + 17,500 - Austin, TX
$29 + 17,500 - Columbia, SC
$29 + 17,500 - Nashville, TN
$29 + 12,500 - New Orleans, LA
$29 + 17,500 - Orange County/Santa Ana, CA
$29 + 12,500 - Raleigh Durham, NC
$29 + 15,000 - Richmond, VA

****************************************
2. CO.O.L. Travel Specials Offers

Purchase CO.O.L. Travel Specials online until 11:59pm (CST) Friday at
http://airmail.continental.com/cgi-bin5/flo?y=eD7703p650a0nZu0An
You can also purchase CO.O.L. Travel Specials for an additional cost of $20
per ticket through our telephone service at 1-800-642-1617.

********************************
TRAVEL MAY ORIGINATE IN EITHER CITY
********************************
****Roundtrip BETWEEN CLEVELAND, OH and:

$139 - Albany, NY
$159 - Buffalo, NY
$159 - Dayton, OH
$159 - Grand Rapids, MI
$149 - Hartford, CT
$119 - Indianapolis, IN
$129 - Milwaukee, WI
$99  - Nashville, TN

****Roundtrip BETWEEN HOUSTON, TX and:
$139 - Abilene, TX
$109 - Baton Rouge, LA
$149 - Boston, MA
$89  - Corpus Christi, TX
$179 - El Paso, TX
$99  - New Orleans, LA
$229 - Tucson, AZ

****Roundtrip BETWEEN NEW YORK/NEWARK and:

$309 - Austin, TX
$169 - Columbia, SC
$179 - Nashville, TN
$129 - New Orleans, LA
$309 - Orange County/Santa Ana, CA
$129 - Raleigh Durham, NC
$149 - Richmond, VA

********************************
3. FEATURED FARES SAMPLE DESTINATION

Choose your fare, find your flight. Or, quickly sift through all our great
featured fares by choosing a destination or origin. Be spontaneous. Get out
of town. Current Featured Fares destinations include:

New York, Baltimore, Buffalo, Houston,
Cleveland, Phoenix, and many more.

Note: Featured Fares change often. To see a regularly-updated online list
and purchase our Featured Fares, visit the website at:
http://airmail.continental.com/cgi-bin5/flo?y=eD7703p650a0nZv0Ao

(Capacity controls and other restrictions apply)

********************************
4. CO.O.L. TRAVEL SPECIALS FROM ALAMO RENT A CAR

Rates listed below are valid on compact class vehicles at airport locations
only. Other car types may be available.  Rates are valid for rentals on
Saturday, June 9, 2001 with returns Monday, June 11, 2001 or Tuesday, June 12,
2001.
-------------------------------
$20 a day in:  Austin, TX (AUS)
$26 a day in:  Hartford, CT (BDL)
$18 a day in:  Nashville, TN (BNA)
$26 a day in:  Boston, MA (BOS)
$27 a day in:  Buffalo, NY (BUF)
$20 a day in:  Cleveland, OH (CLE)
$46 a day in:  Newark, NJ (EWR)
$18 a day in:  Houston, TX (IAH)
$20 a day in:  Indianapolis, IN (IND)
$18 a day in:  Milwaukee, WI (MKE)
$26 a day in:  New Orleans, LA (MSY)
$18 a day in:  Raleigh-Durham, NC (RDU)
$20 a day in:  Orange County, CA (SNA)
$26 a day in:  Tucson, AZ (TUS)

To receive special Continental CO.O.L. discounted rates, simply make advance
reservations and be sure to request ID # 596871 and Rate Code 33. Book your
reservation online at:

http://airmail.continental.com/cgi-bin5/flo?y=eD7703p650a0bf10Af
or contact Alamo at 1-800 GO ALAMO.

*If you are traveling to a city or a different date that is not listed, Alamo
offers great rates when you book online at:
http://airmail.continental.com/cgi-bin5/flo?y=eD7703p650a0bf20Ag

For complete details on these offers, please refer to Alamo's terms and
conditions below.

****************************************
5. CO.O.L. TRAVEL SPECIALS FROM NATIONAL CAR RENTAL

Rates listed below are valid on intermediate class vehicles at airport
locations
only. Other car types may be available.  Rates are valid for rentals on
Saturday, June 9, 2001 with returns Monday, June 11, 2001 or Tuesday, June 12,
2001.
------------------------------------------
$23 a day in:  Austin, TX (AUS)
$29 a day in:  Hartford, CT (BDL)
$21 a day in:  Nashville, TN (BNA)
$29 a day in:  Boston, MA (BOS)
$30 a day in:  Baton Rouge, LA (BTR)
$27 a day in:  Buffalo, NY (BUF)
$21 a day in:  Columbia, SC (CAE)
$23 a day in:  Cleveland, OH (CLE)
$21 a day in:  Dayton, OH (DAY)
$19 a day in:  El Paso, TX (ELP)
$32 a day in:  Newark, NJ (EWR)
$23 a day in:  Grand Rapids, MI (GRR)
$21 a day in:  Houston, TX (IAH)
$26 a day in:  Indianapolis, IN (IND)
$24 a day in:  Milwaukee, WI (MKE)
$29 a day in:  New Orleans, LA (MSY)
$21 a day in:  Raleigh-Durham, NC (RDU)
$23 a day in:  Richmond, VA (RIC)
$23 a day in:  Orange County, CA (SNA)

To receive your special Continental Airlines CO.O.L. Travel Specials
discounted rates, simply make your reservations in advance and be sure to
request Product Code COOLUS.  To make your reservation, contact National at
1-800-CAR-RENT (1-800-227-7368), or book your reservation online at
http://airmail.continental.com/cgi-bin5/flo?y=eD7703p650a0D7m0AO
Please enter COOLUS in the Product Rate Code field, and 5037126 in the
Contract
ID field to ensure you get these rates on these dates.

* If you are traveling to a city or a different date that is not listed,
National offers great rates when you book online at:
http://airmail.continental.com/cgi-bin5/flo?y=eD7703p650a0DwD0Al

For complete details on these offers, please refer to National's terms and
conditions below.

****************************************
6. CO.O.L. TRAVEL SPECIALS LAST-MINUTE WEEKEND
RATES FROM WESTIN HOTELS & RESORTS, SHERATON HOTELS
& RESORTS, FOUR POINTS BY SHERATON, ST. REGIS,
THE LUXURY COLLECTION, AND W HOTELS

Visit our site for booking these and other Last-Minute Weekend Rates for this
weekend June 8 - June 12, 2001.
http://airmail.continental.com/cgi-bin5/flo?y=eD7703p650a0D7n0AP

--------------------------------------
California - Costa Mesa - The Westin South Coast Plaza - $88.00
California - Ontario - Sheraton Ontario Airport Hotel - $51.00

Connecticut - Danbury - Sheraton Danbury Hotel - $89.00
Connecticut - Stamford - The Westin Stamford - $71.00
Connecticut - Stamford - Sheraton Stamford Hotel - $77.00

Indiana - Indianapolis - The Westin Indianapolis - $87.00
Indiana - Indianapolis - Sheraton Indianapolis Hotel & Suites - $64.00

Louisiana - Baton Rouge - Sheraton Baton Rouge Convention Center Hotel -
$77.00
Louisiana - New Orleans - W New Orleans - $159.00

Massachusetts - Boston - Sheraton Boston Hotel - $189.00
Massachusetts - Braintree - Sheraton Braintree Hotel - $119.00
Massachusetts - Burlington - Four Points by Sheraton Burlington - $77.00
Massachusetts - Framingham - Sheraton Framingham Hotel - $97.00
Massachusetts - Needham - Sheraton Needham Hotel - $107.00
Massachusetts - Newton - Sheraton Newton Hotel - $109.00
Massachusetts - Wakefield - Sheraton Colonial Hotel and Golf Club Boston -
$90.00
Massachusetts - Waltham - The Westin Waltham-Boston - $90.00
Massachusetts - Waltham - Four Points by Sheraton Waltham - $75.00

New Hampshire - Manchester - Four Points by Sheraton Manchester - $79.00
New Hampshire - Nashua - Sheraton Nashua Hotel - $70.00

New Jersey - Edison - Sheraton Edison Hotel Raritan Center - $75.00
New Jersey - Parsippany - Sheraton Parsippany Hotel - $70.00
New Jersey - Piscataway - Four Points by Sheraton Piscataway - $65.00
New Jersey - Woodbridge - Sheraton at Woodbridge Place Hotel - $71.00

New York - Jamaica - Sheraton JFK Airport Hotel - $110.00
New York - New York - Essex House - A Westin Hotel - $228.00
New York - New York City - Sheraton Russell Hotel - $179.00
New York - New York City - Sheraton Manhattan Hotel - $169.00
New York - New York City - Sheraton New York Hotel and Towers - $169.00
New York - Niagara Falls - Four Points by Sheraton Niagara Falls - $84.00

North Carolina - Chapel Hill - Sheraton Chapel Hill Hotel - $77.00
North Carolina - Durham - Sheraton Imperial Hotel and Convention Center -
$55.00

Ohio - Cincinnati - The Westin Cincinnati - $90.00
Ohio - Independence - Four Points by Sheraton Cleveland South - $65.00

Rhode Island - Warwick - Sheraton Providence Airport Hotel - $79.00

Tennessee - Nashville - Sheraton Music City - $59.00

Texas - Houston - The Westin Galleria Houston - $64.00
Texas - Houston - Sheraton North Houston at George Bush Intercontinental -
$64.00
Texas - Houston - Sheraton Houston Brookhollow Hotel - $45.00
Texas - Houston - The Westin Oaks - $70.00

Wisconsin - Brookfield - Sheraton Milwaukee Brookfield Hotel - $65.00

For complete details on these offers, please refer to the terms and
conditions below.

****************************************
7. CO.O.L. TRAVEL SPECIALS ON HILTON HOTELS AND RESORTS

The following rates are available June 9-11, 2001 and are priced per night.
--------------------------------------
Austin, TX - Hilton Austin North - $99
Austin, TX - Doubletree Guest Suites Austin - $139

Boston, MA - Hilton Boston Logan Airport - - $179
Boston, MA - Doubletree Guest Suites Boston - $169
Boston, MA - Doubletree Hotel Boston-Downtown - $149

Cleveland, OH - Hilton Garden Inn Cleveland Airport. - $89
Cleveland, OH - Hilton Cleveland East/Beachwood, Beachwood, OH. - $109

Houston, TX - Hilton Houston Southwest - $109
Houston, TX - Hilton Houston Plaza - $79/Night, 6/9-10

Indianapolis, IN - Doubletree Guest Suites Indianapolis/Carmel - $89

Newark, NJ - Hilton Rye Town, Rye Brook, NY. - $129/Night, 6/9-10
Newark, NJ - Hilton New York, New York, NY.- $179

New Orleans, LA - Hilton Garden Inn New Orleans Downtown - $69
New Orleans, LA - Doubletree Hotel New Orleans-Lakeside, Metairie, LA. -
$69/Night, 6/9-10

Orange County, CA - Hilton Port of Los Angeles/San Pedro, San Pedro, CA. -
$139
Orange County, CA - Hilton Long Beach, Long Beach, CA. - $79
Orange County, CA - Hilton Irvine/Orange County Airport, Irvine, CA. - $169

Raleigh, NC - Hilton North Raleigh - $119

Tucson, AZ - Doubletree Guest Suites Tucson - $59

To book this week's special rates for Hilton Family Hotels, visit and book at
http://airmail.continental.com/cgi-bin5/flo?y=eD7703p650a0jWG0Au

Special rates apply only for the dates listed at each hotel and are subject to
availability. Check hilton.com for specific dates at each Hilton Family Hotel.
Or call at 1-800-774-1500 and ask for Value Rates. Restrictions apply to these
rates.

****************************************
CO.O.L. TRAVEL SPECIALS RULES:
Fares include a $37.20 fuel surcharge. Passenger Facility Charges, up to $12
depending on routing, are not included. Up to $2.75 per segment federal excise
tax, as applicable, is not included. Applicable International and or Canadian
taxes and fees up to $88, varying by destination, are not included and may
vary
slightly depending on currency exchange rate at the time of purchase. For a
complete listing of rules please visit:
http://airmail.continental.com/cgi-bin5/flo?y=eD7703p650a0nZw0Ap

ALAMO RENT A CAR'S TERMS AND CONDITIONS:
Taxes (including VLF taxes up to US$1.89 per day in California and GST), other
governmentally-authorized or imposed surcharges, license recoupment fees,
fuel,
additional driver fee, drop charges and optional items (such as CDW Waiver
Savers(R) up to US$18.99 a day,) are extra. Renter must meet standard age,
driver and credit requirements. Rates higher for drivers under age 25.
Concession recoupment fees may add up to 14% to the rental rate at some
on-airport locations. Up to 10.75% may be added to the rental rate if you rent
at an off-airport location and exit on our shuttle bus. Weekly rates require a
5-day minimum rental or daily rates apply. For weekend rates, the vehicle must
be picked up after 9 a.m. on Thursday and returned before midnight on Monday
or
higher daily rates apply. 24-hour advance reservation required. May not be
combined with other discounts. Availability is limited. All vehicles must be
returned to the country of origin. Offer not valid in San Jose, CA.

NATIONAL CAR RENTAL TERMS AND CONDITIONS:
Customer must provide Contract ID# at the time of reservation to be eligible
for discounts. Offer valid at participating National locations in the US and
Canada. Minimum rental age is 25. This offer is not valid with any other
special discount or promotion. Standard rental qualifications apply. Subject
to availability and blackout dates. Advance reservations required.
Geographic driving restrictions may apply.

TERMS AND CONDITIONS FOR WESTIN, SHERATON, FOUR POINTS,
ST. REGIS, THE LUXURY COLLECTION, AND W HOTELS:
Offer is subject to availability. Advance Reservations required and is based
on
single/double occupancy. Offer not applicable to group travel. Additional
Service charge and tax may apply. The discount is reflected in the rate
quoted.
Offer valid at participating hotel only. Offer valid for stays on Fri - Mon
with
a Friday or Saturday night arrival required. Rate available for this coming
weekend only. Offer available only by making reservations via the internet. A
limited number of rooms may be available at these rates.

http://airmail.continental.com/cgi-bin5/flo?y=eD7703p650a0FG20Ah

---------------------------------------
This E-mail message and its contents are copyrighted and are proprietary
products of Continental Airlines, Inc.  Any unauthorized use, reproduction,
or transfer of the message or its content, in any medium, is strictly
prohibited.

****************************************
UNFORTUNATELY MAIL SENT TO THIS ADDRESS CANNOT BE ANSWERED.
PLEASE SEND ALL INQUIRIES TO: mailto:eservice@coair.com

TO UNSUBSCRIBE:
We hope you will find CO.O.L. Travel Specials a valuable source of
information.
However, if you prefer not to take advantage of this opportunity, please let
us
know by visiting the CO.O.L. Travel Specials page on our web site at:
http://airmail.continental.com/cgi-bin5/flo?y=eD7703p650a0nZx0Aq

TO SUBSCRIBE:
Please visit the CO.O.L. Travel Specials page on our web site at:
http://airmail.continental.com/cgi-bin5/flo?y=eD7703p650a0nZy0Ar


<http://www.autoworld.com/images10/creditscore/logo.gif>	  <http://www.autoworld.com/images10/creditscore/autoworld_logo.gif>
  <http://www.autoworld.com/images10/creditscore/spacer.gif>	  <http://www.autoworld.com/images10/creditscore/spacer.gif>	  <http://www.autoworld.com/images10/creditscore/spacer.gif>	  <http://www.autoworld.com/images10/creditscore/spacer.gif>	  <http://www.autoworld.com/images10/creditscore/spacer.gif>	  <http://www.autoworld.com/images10/creditscore/spacer.gif>	  <http://www.autoworld.com/images10/creditscore/spacer.gif>	  <http://www.autoworld.com/images10/creditscore/spacer.gif>	  <http://www.autoworld.com/images10/creditscore/spacer.gif>	  <http://www.autoworld.com/images10/creditscore/spacer.gif>
 <https://qspace.iplace.com/cobrands/8/order1_3.asp?sc=14331005>
 <https://qspace.iplace.com/cobrands/8/order1_3.asp?sc=14331005>	  <https://qspace.iplace.com/cobrands/8/order1_3.asp?sc=14331005>	   <http://www.autoworld.com/images10/creditscore/spacer.gif>
  <http://www.autoworld.com/images10/creditscore/subheader2.gif>
  <http://www.autoworld.com/images10/creditscore/spacer.gif>	  <http://www.autoworld.com/images10/creditscore/spelled_out.gif>	 <https://qspace.iplace.com/cobrands/8/order1_3.asp?sc=14331005>	   <http://www.autoworld.com/images10/creditscore/spacer.gif>
  <http://www.autoworld.com/images10/creditscore/spacer.gif>	  <http://www.autoworld.com/images10/creditscore/spacer.gif>
  <http://www.autoworld.com/images10/creditscore/spacer.gif>	 Custom analysis with tips for raising your score	   <http://www.autoworld.com/images10/creditscore/spacer.gif>
  <http://www.autoworld.com/images10/creditscore/spacer.gif>	  <http://www.autoworld.com/images10/creditscore/button.gif>
  <http://www.autoworld.com/images10/creditscore/spacer.gif>	  <http://www.autoworld.com/images10/creditscore/spacer.gif>
  <http://www.autoworld.com/images10/creditscore/spacer.gif>	  <http://www.autoworld.com/images10/creditscore/spacer.gif>
 Tools that allow you to see how your score rates
 on multiple scales	   <http://www.autoworld.com/images10/creditscore/spacer.gif>
  <http://www.autoworld.com/images10/creditscore/button.gif>
  <http://www.autoworld.com/images10/creditscore/spacer.gif>	  <http://www.autoworld.com/images10/creditscore/spacer.gif>
 <https://qspace.iplace.com/cobrands/8/order1_3.asp?sc=14331005>	   <http://www.autoworld.com/images10/creditscore/spacer.gif>
  <http://www.autoworld.com/images10/creditscore/spacer.gif>
 Copy of your Equifax credit report ($9.95 value)	   <http://www.autoworld.com/images10/creditscore/spacer.gif>
  <http://www.autoworld.com/images10/creditscore/button.gif>
  <http://www.autoworld.com/images10/creditscore/spacer.gif>	  <http://www.autoworld.com/images10/creditscore/spacer.gif>
  <http://www.autoworld.com/images10/creditscore/spacer.gif>
 Easy-to-understand graphics & explanations	   <http://www.autoworld.com/images10/creditscore/spacer.gif>
  <http://www.autoworld.com/images10/creditscore/button.gif>
  <http://www.autoworld.com/images10/creditscore/spacer.gif>	  <http://www.autoworld.com/images10/creditscore/spacer.gif>
  Sample Credit Score
  <http://www.autoworld.com/images10/creditscore/spacer.gif>	 <https://qspace.iplace.com/cobrands/8/order1_3.asp?sc=14331005>	  <https://qspace.iplace.com/cobrands/8/order1_3.asp?sc=14331005>	   <http://www.autoworld.com/images10/creditscore/right_dashed.gif>	  <http://www.autoworld.com/images10/creditscore/spacer.gif>
  <http://www.autoworld.com/images10/creditscore/spacer.gif>	  <http://www.autoworld.com/images10/creditscore/hand.gif>	  <http://www.autoworld.com/images10/creditscore/spacer.gif>
  <http://www.autoworld.com/images10/creditscore/spacer.gif>	  <http://www.autoworld.com/images10/creditscore/spacer.gif>
  <http://www.autoworld.com/images10/creditscore/spacer.gif>	 <https://qspace.iplace.com/cobrands/8/order1_3.asp?sc=14331005>	   <http://www.autoworld.com/images10/creditscore/spacer.gif>	  <http://www.autoworld.com/images10/creditscore/spacer.gif>
  <http://www.autoworld.com/images10/creditscore/spacer.gif>
  <http://www.autoworld.com/images10/creditscore/spacer.gif>	  <http://www.autoworld.com/images10/creditscore/spacer.gif>

  _____

Click here <http://www.1to1Auto.com/apps/remove2.asp?oid=UcjffCB&sid=XbcigggiDH&cid=ZbbgcedggjDI> to unsubscribe to this mailing list.  <http://WWW.PROCESSREQUEST.COM/apps/msgopen.asp?id=1339572,ZbbgcedggjDI&oid=UcjffCB&taskid=VjeghhDD>


It finished arriving around 1100 cst.  Thanks,  Kay


fyi
---------------------- Forwarded by Steven J Kean/NA/Enron on 07/08/2001
01:21 PM ---------------------------
From: Max Eberts@EES on 07/06/2001 07:01 PM
To: Marty Sunde/HOU/EES@EES, Janet R Dietrich/HOU/EES@EES, Elizabeth
Tilney/HOU/EES@EES, Peggy Mahoney/HOU/EES@EES, Vicki Sharp/HOU/EES@EES,
Robert C Williams/Enron@EnronXGate, Steven J Kean/NA/Enron@Enron, James D
Steffes/NA/Enron@Enron, Mark Palmer/Corp/Enron@ENRON, Karen
Denne/Corp/Enron@ENRON, Evan Hughes/HOU/EES@EES, Tom Riley/Western Region/The
Bentley Company@Exchange
cc:

Subject: UC/CSU press release

Here is the approved press release. UC/CSU added a few more details
concerning the extension of the contract.


Michelle

Fortunately we have already received some advice on the effects of bankruptcy
on NOxTech from our patent counsel, which is attached. This is very promising
and appears to put us very much in control of the intellectual property.
Turning to the employment of the key individual, Bruce Sudduth, you will see
from the covering email that we might want to take some immediate steps to
preserve our ability to access him in the event bankruptcy is declared,
however I am not convinced on the limited amount of information that we would
not be running the risk of a tortious interference claim, unless we agreed it
with the directors of NOxTech first and then proposed it to Bruce. What do
you think?

Marcus
---------------------- Forwarded by Marcus Nettelton/NA/Enron on 11/29/2000
08:41 AM ---------------------------

"Maher, David" <DMaher@mdbe.com> on 11/28/2000 03:27:11 PM
To: "'marcus.nettelton@enron.com'" <marcus.nettelton@enron.com>
cc: "Bates, William" <wbates@mdbe.com>, "Deamer, Bart" <BDeamer@mdbe.com>

Subject: FW: Licenosor's Bankruptcy Issues & Agenda for Tomorrow

Marcus,
In case you had not seen this yet, attached is a memorandum we had prepared
at Bart Clark's request anticipating NOxTech's possible bankruptcy.  I have
forwarded your contact information to Bill Bates, and he should be calling
you tomorrow.

Best regards,
Dave

>  -----Original Message-----
> From:  Miller, Gilman
> Sent: Thursday, June 29, 2000 7:17 PM
> To: 'Barton Clark'
> Cc: Mastroianni, Ron; Michelson, Randy; Maher, David; Evans, Hank
> Subject: Licenosor's Bankruptcy Issues & Agenda for Tomorrow
>
> Bart - The attached memo summarizes Enron's rights in various scenarios
> involving NOxTech filing for bankruptcy.  The memo is self-explanatory and
> in discussing it with Ron and Randy they did not have any drafting advice
> that would alter the outcomes set forth in the memo.
>
> However, the suggestion was made that a term-of-years (as opposed to an
> at-will) consulting contract could be entered into between Bruce Sudduth
> and Enron providing that Enron would pay Bruce Sudduth a specified amount
> per hour (and perhaps even a small amount up front) in exchange for his
> agreeing to provide Enron with technical assistance on an as-needed basis.
> Such an agreement could not spring into effect upon a bankruptcy event (or
> it would be subject to the same analysis in the attached memo whereby
> specific performance could not be compelled).  Similarly, it should not be
> referenced in the Transaction Documents (much less be a condition to
> closing).  Instead it might simply run for a two-year period starting upon
> its execution presumably next month.
>
> If such a contract is something that you would like to pursue we could get
> an employment attorney working on drafting such an agreement.
>
> ----
>
> With respect to tomorrow's call at 8 a.m. our time (10 a.m. your time).
> As I mentioned in my voice message, if we still have not seen anything
> from LeBoeuf with respect to the other Transaction Documents then you
> should simply call David Maher (650-849-4908) at that time to discuss the
> License Agreement as he will be turning that agreement.
>
> If you leave me a voice message (415-393-2520) indicating that any other
> comments have arrived from LeBoeuf overnight or earlier that morning then
> I will still come in by 8 a.m. to begin reviewing such comments in
> preparation for discussing them with you after your License Agreement
> discussion concludes.  Of course, if we have not received any comments
> from LeBoeuf by that time then we will not be able to turn the other
> Transaction Documents in time for a Noon p.s.t. signing by NOxTech.
>
> Thanks,
> Gilman Miller
> McCutchen, Doyle, Brown & Enersen
> Three Embarcadero Center, 18th Floor
> San Francisco, California  94111
> T - (415) 393-2520
> F - (415) 393-2286
>
>
>  <<21255682.DOC>>

E-MAIL NOTICE

This e-mail message is for the sole use of the intended recipient(s) and may
contain confidential and/or privileged information. Any review, use,
disclosure or distribution by persons or entities other than the intended
recipient(s) is prohibited. If you are not the intended recipient, please
contact the sender by reply and destroy all copies of the original message.
Thank you.

To reply to our E-mail Administrator directly, send an email to
Postmaster@mdbe.com or call (415) 393-2000 and delete this email.

McCUTCHEN, DOYLE, BROWN & ENERSEN, LLP

http://www.mccutchen.com

 - 21255682.DOC


A little bird told me about this.  Read it when you have time.

http://www.computerworld.com/cwi/story/0,1199,NAV47_STO54149,00.html

___________________________________________________________________
To get your own FREE ZDNet Onebox - FREE voicemail, email, and fax,
all in one place - sign up today at http://www.zdnetonebox.com


Sally asked me to forward this to you.

Patti
---------------------- Forwarded by Sally Beck/HOU/ECT on 02/18/2000 09:51 AM
---------------------------

	Bob Butts @ ENRON
	02/16/2000 05:31 PM

Sent by: Dortha Gray@ENRON
To: Wes Colwell/HOU/ECT@ECT, Paige B Grumulaitis/HOU/ECT@ECT, Ron
Baker/Corp/Enron@ENRON, Roger G Leworthy/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT,
James J Brown/AA/Corp/Enron@Enron, Patty Grutzmacher/AA/Corp/Enron@Enron,
Kimberly Scardino/AA/Corp/Enron@Enron, Sally Beck/HOU/ECT@ECT, Melissa
Becker/Corp/Enron@ENRON, Kent Castleman/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT,
Wanda Curry/HOU/ECT@ECT, Fernley Dyson/LON/ECT@ECT, John B
Echols/HOU/EES@EES, Rodney Faldyn/HOU/AZURIX@AZURIX, Rod
Hayslett/FGT/Enron@ENRON, Robert Hermann/Corp/Enron@ENRON, Tod Lindholm/Enron
Communications@Enron Communications, Mark E Lindsey/GPGFIN/Enron@ENRON, Keith
Marlow/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Cassandra
Schultz/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Jeffrey E
Sommers/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, P
Sreekumar/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc: Shirley Tijerina/Corp/Enron@ENRON, Donna Jones/HOU/ECT@ECT, Margarite
Cunningham/Corp/Enron@ENRON, Linda Hawkins/Corp/Enron@ENRON, Carmella
Jones/HOU/ECT@ECT, Nicole Scott/LON/ECT@ECT, Melinda McCarty/HOU/EES@EES,
Shelley Grover/HOU/AZURIX@AZURIX, Kathy Campos/GPGFIN/Enron@ENRON, Bobbie
Moody/Corp/Enron@ENRON, Sandy Lewelling/Enron Communications@Enron
Communications, Karen Myer/GPGFIN/Enron@ENRON, Norma
Petry/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Araceli
Romero/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Leigh Ann Van
Houten/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
Subject: FAS 133 Offsite

Please see attached memo.


Please click on the attached link to launch your Holiday Party invitation.

 http://invitation.enron.com

Please direct any questions to Dorie Hitchcock via email.


You are such a renewable energy stud! I'm excited to see you and Elliot
transform the way the world thinks of POWER.

K
---------------------- Forwarded by Kate Symes/PDX/ECT on 04/05/2001 12:51 PM
---------------------------

	From:  Elliot Mainzer                           04/05/2001 12:37 PM

To: Portland West Desk
cc:

Subject: Renewable Power Desk

I am pleased to announce that Jesse Bryson will be joining me as a Research
Analyst on the Renewable Power Desk effective April 16.


McKinsey:  I read their letter - pretty good recap of where we are today.  Todd Busby and I would like to meet with you regarding his assessment of market potential and internal trade-offs relative to that.  Would make most sense for the three of us to do that before having any further conversations with McKinsey.  What I know is that McKinsey can be very expensive to work with.  We would have to feel revenue opportunities would be very strong in order to commit to spend dollars with McKinsey.

Staff Meeting Attendees:  Will Alan Sommers now attend the Thursday Net Works staff meeting?  Does he know about it for this week?  Have we made any decisions on the purpose and make-up of that meeting?  We are including Mark's directs on IT, but not their counter parts in Operations.  Including operations would make that meeting too big, so I am not necessarily suggesting that.  Just trying to rationalize the meetings that we want to have.  (FYI - In Causey's staff meeting today, Alan mentioned that the move of the ISC under Net Works was announced within Net Works - and spread - before Causey or Alan announced this to the people in the ISC.  Creates a bit of a bumpy start.  Causey is still very much in favor of this move - he did share with me last week 3 things that he will be looking for to insure that this move is smooth and yields the results desired,.  I can share those with you.  Causey has explicitly covered the 3 items with Mark in agreeing to the transition.)

Budgets:  After meeting with Whalley last week, should we consider coming to the table as Net Works with a reduction in budgeted dollars (expense and capital) of 10% or so?  That has not been our goal to date, but maybe it should be, given the stretch that Greg is trying to make.  Might also bode well with all of the business units to which we are allocating if we could say that we took a hard look and made those reductions ourselves.  I have some ideas on how we might get there.  Let me know - we would need to get that done this week.  --Sally


Please see the attached and let me know your comments by Wednesday a.m. if
possible.