The Netplex Goes Prime Time:
NBC is circling the Washington technology community for a story on the region that is planned to run on the network's nightly news. Potomac KnowledgeWay founder Mario Morino has been taped for the piece as well as Julie Holdren, president of technology company Olympus Group Inc. in Alexandria, Va. Stay tuned....

Hair Discrimination:
OK, he was talking to chief financial officers, but Ian Edward Dix, vice president of LCI International, may still have offended the techies in the crowd. At the Northern Virginia Technology Council's CFO conference at the Tysons Corner Ritz-Carlton, Dix twice slammed the "ponytail and earring" type of employee. Good thing he's not in California.

Investing in Writing:
Three well-known venture capitalists in the area - Bonnie Wachtel of Wachtel & Co., Henry Barratt Jr. of Blue Water Capital and Steven Graubart of Calvert Ventures - have invested and will become directors of the Writers Club Ltd., Vienna, Va. The club is for online writers and can be found on America Online.

Tower Runs the Bank:
Frank Tower is now heading the Washington office of Silicon Valley Bank, called Silicon Valley East and based in Rockville, Md. Tower's predecessor, Brent Donnell, is leaving the area to start a branch of the bank in Chicago.

Online Shopping:
Women's Connection Online, McLean, Va., has launched an electronic commerce area. Companies such as Barnes & Noble, IBM,, DesignerOutlet and 1-800 Flowers are among the 12 businesses that have already signed up to offer products and services geared toward women who use the site.

Teligent Files IPO:
Teligent, Vienna, Va., a telecommunications company that uses fixed wireless networks and is run by Alex Mandl, has filed an initial public offering registration with the Securities and Exchange Commission. Although the amount of shares offered and filing price were not detailed, the maximum offering allowed by the filing is $125 million. Underwriters of the deal are Merrill Lynch, Salomon Brothers, Bear Stearns & Co. and Goldman Sachs & Co.

Heard any inside-the-Beltway news? Send tips and tattles to with "Beltway Biz" in the subject line.

Reader Comments

Please post your comments here. Comments are moderated, so they may not appear immediately after submitting. We will not post comments that we consider abusive or off-topic.

Please type the letters/numbers you see above.

What is your e-mail address?

My e-mail address is:

Do you have a password?

Forgot your password? Click here

Washington Technology Daily

Sign up for our newsletter.

Terms and Privacy Policy consent

I agree to this site's Privacy Policy.


contracts DB