Monthly Archives: August 2003

CHARLOTTE, N.C.–(BUSINESS WIRE)–Aug. 19, 2003–Venturi Technology Partners today announced the renewal of its vendor management contract with the State of Georgia for an additional one-year term.Under this contract, Venturi Technology Partners manages the procurement of temporary information technology workers for […]

PALO ALTO, Calif.–(BUSINESS WIRE)–Aug. 19, 2003–Rinat Neuroscience Corporation today announced that it has raised $40 million through a private placement of Series B Preferred Stock. The financing was led by MPM Capital with support from Schroder Ventures Life Sciences and […]

CHARLOTTE, N.C.–(BUSINESS WIRE)–Aug. 19, 2003–Venturi Technology Partners today announced the renewal of its vendor management contract with the State of Georgia for an additional one-year term.Under this contract, Venturi Technology Partners manages the procurement of temporary information technology workers for […]

Cysive Inc. said yesterday that a judge has dismissed a shareholder class-action lawsuit that challenged a plan to sell the Reston software firm to its founder. The first of the shareholder lawsuits was filed briefly after the company announced on […]

Aug. 19–Rising mortgage rates put a high-volume mortgage lender out of business. Capitol Commerce Mortgage Co., with headquarters in Sacramento and an office in Irvine, closed shop last Thursday due to losses on low-rate loans, according to company memos passed […]

Aug. 19–When Michael Joyce was 13, he inherited $300 from his uncle. By the time he went to college — the first in his family — he had invested the funds and doubled his money. Joyce has been interested in […]

Aug. 19–Gary Greenfield, who took over as Peregrine Systems’ chief executive amid a financial scandal last year, was replaced yesterday by John Mutch, a Peregrine board member and former CEO at HNCSoftware. The change was one more sign that a […]

Aug. 19–A decision by federal officials to impose a strict interpretation on eligibility requirements for a key federal grant program could cost high-technology and biotechnology startups hundredsof millions of dollars in funding. The Small Business Innovation Research program, known as […]

Paced by a pair of advanced-stage hightechnology businesses, Westchester’s venture capital market rebounded to the highest amounts of financing recorded since the economic skid put an end to therecords of the 1990s boom. Six Westchester companies received more than a […]

Organizers of the fifth annual Intermountain Venture Forum-Boise have extended the deadline for applications from fund-seeking businesses from Aug. 8 to Aug 27. The forum, slated Oct. 1-2 at Boise Centre on the Grove, will feature presentations to venture capital […]

PHOENIX–(BUSINESS WIRE)–Aug. 18, 2003–Vital Living Inc. (OTCBB: VTLV) today announced that David M. Allen will be joining the Board of Directors of Vital Living. Mr. Allen, aged 61, has served as Managing Director of Investment Information Services, Ltd., (IISL) since […]

Tokyo, Aug. 18 (Jiji Press)–The key Nikkei average finished above the 10,000 threshold for the first time in one year on the Tokyo Stock Exchange Monday, as foreign investors snapped up a broadrange of issues amid expectations for Japan’s economic […]