BELTWAY BIZ
PRC's PR Group Gets the Ax: PRC's public relations group, headed by highly regarded vice president and 17-year veteran Karen Vahouney, was the first to feel the ax of parent company Litton Industries Inc., Woodland Hills, Calif., which Biz hears is busily "organizing out" -- a.k.a. chopping away -- all over the organization. "When Bill Hoover walked," sighed a Biz source, "we all knew what was coming." Vahouney reportedly has been snatched up by a newly expanding investor relations firm, whic
PRC's PR Group Gets the Ax: PRC's public relations group, headed by highly regarded vice president and 17-year veteran Karen Vahouney, was the first to feel the ax of parent company Litton Industries Inc., Woodland Hills, Calif., which Biz hears is busily "organizing out" -- a.k.a. chopping away -- all over the organization. "When Bill Hoover walked," sighed a Biz source, "we all knew what was coming." Vahouney reportedly has been snatched up by a newly expanding investor relations firm, which will have an announcement shortly.
Internet Entrepreneurs Wanted: Beta testers are wanted on-line for The Potomac KnowledgeWay's Net Entrepreneurs Program -- contact Wall Street to Washington: Doug Poretz, the McLean, Va., technology investor relations expert, has been retained by Sheffield Medical Technologies Inc., a NYSE biotech company based in New York City's Rockefeller Center. On the Rise: Todd Dagres, who covers the Beltway for Battery Ventures, has been made a general partner. Oracle Loses Executive: Former Oracle executive Riley Repko has signed on as executive vice president with Biscom, a Boston spin-off of fax server technology developed by Wang. Technology Investor Conference: June 15-17, 1997, are the dates for the inaugural Capital Region Technology Investment Conference spotlighting public companies for institutional investors and analysts. Justice Department's Bingaman to Resign: Pillow talk between Sen. Jeff Bingaman, D-N.M., one of the Hill's leading technology industry champions, and the Justice Department's top trust-buster, spouse Anne Bingaman, probably led to her decision to resign after the November elections. Forget IBM and Microsoft -- arcane anti-trust laws still on the books are a bone of contention throughout the industry. Whisper softly into the ear of Beltway Biz. Tips and tattles are always welcome at technews@technews.com. Please put "Beltway Biz" in the subject line.
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