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TRI-STATE TECH WIRE
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o Vaultus Raises $4.3 Million in Third Round
o Cablevision Out of Running for DirecTV; News Corp. In?
o Connecticut Technology Council to Host TecXpo Thursday
o SEC to Probe Failure of ImClone to Pay Tax on Options
o Florham Park-based Comverge Closes on $13 Million in New Financing
o Tax Payers Flooding Online Sites as Deadline Looms
> Tri-State Tech Wire's Games & Mobile Forum
o Briefly Noted: Recoton Corp., International Network Services,
ITT Industries, eMarketer, Giza Venture Capital
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> Job/Event/Marketplace Classified Listings:
-- Games & Mobile Forum - New York City - April 28
-- CyberSecurity 2003 - Norwalk, Ct.
-- Job Posting: Developer for Blackboard
-- IT Infrastructure & Management Services Conference & Expo - Boston
-- APOLLO 13 Leadership Workshop - A&A Services
-- Get an HP Workstation for a PC Price

Ad Descriptions Below Breifly Noted Section
Post Job/Event/Marketplace ad: 
http://www.tristatetechwire.com/postings.htm
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o Vaultus Raises $4.3 Million in Third Round

New York, NY -- Vaultus, a provider of software that helps companies 
extend existing applications to mobile devices such as PDAs, on 
Wednesday confirmed it has closed $4.3 million in its third round of 
financing. The investor group was not released. The new capital brings 
Vaultus' total take to $57 million in three rounds. Two years ago, Vaultus 
brought in $32 million in funding from a syndicate of venture capitalists led 
by First Union Capital Partners. Vaultus recently introduced a mobile 
application framework that is intended to help software engineers design, 
develop, test and package PDA applications for deployment within a single 
environment. http://www.vaultus.com 
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o Cablevision Out of Running for DirecTV; News Corp. In?

Bethpage, NY -- Bethpage-based Cablevision Systems Corp. said it is no 
longer interested in pursuing DirecTV. The decision came amid skepticism 
that Cablevision, the biggest cable operator in the New York City region, 
could overcome financial and regulatory hurdles to take over the nation's 
biggest satellite TV provider. With Cablevision out of the picture, News 
Corp. is reportedly close to gaining control of DirecTV parent Hughes 
Corp., in a deal that could be worth as much as $7 billion. Sources said that 
News Corp. is expected to acquire a 35% stake in Hughes at a premium to 
its current market price. http://makeashorterlink.com/?T39413724 
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o Connecticut Technology Council to Host TecXpo Thursday

New Haven, Conn. -- The Connecticut Technology Council will hold its 
second annual TecXpo on Thursday at the City Field House. More than 750 
attendees and 115 exhibitors are expected, according to the CTC. What is 
being dubbed as a "science fair for adults" will feature large technology 
corporations such as Microsoft, Timex and Oracle as well as small 
companies and start-ups. The TecXpo is open to the public. Admission is 
$50. The event runs from 3 p.m. to 8 p.m. 
http://www.ct.org/Events/ViewSchedule.asp?pass=1&ID=1171 
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o SEC to Probe Failure of ImClone to Pay Tax on Options

New York, NY -- Securities regulators have initiated a probe into the failure 
of New York-based ImClone Systems Inc. to pay tax on stock options 
exercised by its former chief executive and other officers and directors. 
ImClone, which is attempting with its partner Bristol-Myers Squibb Co. to 
develop the cancer drug Erbitux, said the U.S. Securities and Exchange 
Commission is investigating the implications of the tax issue on the 
company's failure to file its annual report on a timely basis. ImClone on 
Wednesday announced a delay in its earnings report.
http://www.thestreet.com/_yahoo/markets/stockwatch/10079243.html 
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o Florham Park-based Comverge Closes on $13 Million in New Financing

Florham Park, NJ -- Florham Park-based Comverge Inc., a producer of 
specialized software and hardware products for energy companies, on 
Wednesday said it had closed on $13 million in private equity led by Nth 
Power. Also investing were E.ON Venture Partners GmbH, EnerTech 
Capital, Shell Internet Ventures and Easton Hunt Capital Partners. Data 
Systems & Software Inc., Comverge's largest shareholder, also participated 
in the round. Comverge also finalized new credit arrangements totaling $6.5 
million. Proceeds from the equity and debt financings will go for operating 
capital.
http://www.newsalert.com/bin/story?StoryId=CpPoAWbKbytuYmte& 
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o Tax Payers Flooding Online Sites as Deadline Looms 

New York -- With the deadline to file taxes looming, more Internet users 
are visiting online tax sites than ever before, according to New York-based 
Nielsen//NetRatings, a provider of Internet audience measurement services. 
More than 22 million Internet users visited a tax web site in February, an 
increase of 15% over the year before. The figure outpaced the 11% growth 
rate of the general finance, insurance and investments category. In all, more 
than 17% of the active online population used the sites to download forms, 
gather information and file their taxes. The Internal Revenue Service led the 
group, attracting 10.1 million unique visitors, a 25% increase from last year, 
followed by TurboTax (6.8 million) and HRBlock.com (3 million).
http://www.nielsen-netratings.com/pr/pr_030407.pdf 
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Tri-State Tech Wire's Games & Mobile Forum
Games & Mobile Entertainment Opportunities & Developments

WHEN:
Monday - April 28, 2003
9:00am - 5:30pm (post-event reception 6:30pm - 8:30pm)

WHERE:
The Metropolitan Pavilion
125 West 18th Street, New York, NY 10011
Post-Event Reception (sponsored by WorldWinner, WildTangent and 
web2zone)
at web2zone's Cyber and Gaming Center at 54 Cooper Square

REGISTRATION:
http://kb.digitalmediawire.com/register.php?eventid=1036
$200 until April 25 (Early Bird Special)  
$250 at the door

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Briefly noted: 

(New York, NY) Recoton Corp., which at one time boasted more than 
4,000 consumer electronics accessories products, on Wednesday filed for 
Chapter 11 bankruptcy protection, and plans to sell its remaining businesses 
and assets. Last August, the New York-based consumer electronics 
company warned that its losses and debt threatened its ability to remain a 
going concern. Recoton said debtor-in-possession financing has been 
arranged with existing senior lenders, led by Heller Financial Inc. and 
General Electric Capital Corp. 
http://biz.yahoo.com/bw/030408/85775_1.html 

(New York, NY) International Network Services Inc., a provider of global 
network consulting and security services, on Wednesday announced the 
acquisition of New York-based Predictive Systems Inc., a security and 
network infrastructure consulting firm, for $19.2 million. After the 
acquisition, INS will have more than 700 employees and operate in more 
than 30 offices in the U.S. and six internationally. 
http://www.newsalert.com/bin/story?StoryId=CpPoAWbKbytuYodu& 

(Harrison, NY) In a five-year, $100 million deal, Harrison-based ITT 
Industries Inc. said it would help the U.S. Army develop countermeasures 
for biological and chemical warfare. ITT's Advanced Engineering and 
Sciences division will assist in research at the Army's Edgewood Chemical 
and Biological Center at the Aberdeen Proving Ground in Maryland. 
http://www.thejournalnews.com/newsroom/040803/d01a08itt.html 

(New York, NY) Broadband households are forecast to grow from 57 
million in 2002 to 154 million in 2002, a compound annual growth rate of 
39%, according to the latest figures from New York-based eMarketer, a 
research and information house. 
http://www.newsalert.com/bin/story?StoryId=CpPoAWbKbytu1mZK& 

(New York, NY) Giza Venture Capital has relocated its U.S.-based 
operations from San Francisco to New York, where managing director Ori 
Israely will head the operations. http://www.gizavc.com 

===================================================
Job/Event/Marketplace Listings: 
===================================================
To Post in Job/Event/Marketplace: 
http://www.tristatetechwire.com/postings.htm
17,000 Readers in the North East: 3 day ad: $120--5 day ad: $175--10 day 
ad: $300
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> Games & Mobile Forum - New York City - April 28

This one-day event focusing on the mobile entertainment sector will be held 
at The Metropolitan Pavilion, 125 West 18th Street, New York, NY 10011 
The Post-Event Reception (sponsored by WorldWinner, WildTangent and 
web2zone) will be held at web2zone's Cyber and Gaming Center at 54 
Cooper Square
http://kb.digitalmediawire.com/register.php?eventid=1036
_____________________________________________

> CyberSecurity 2003 - Norwalk, Ct.

Learn to prevent and respond to cyber crime at CyberSecurity '03, a daylong 
conference on Friday, April 25 at Norwalk Community College in Norwalk, 
CT. (45 min. from NYC). Speakers include FBI Special agents, law 
enforcement experts and nationally recognized leaders in product 
development, government and corporate security. Topics: war chalking, 
cyber terrorism, wireless vulnerabilities, incident response planning, IT 
security trends, etc. Fee $250 per person/$125 for additional registrants 
from same company. Call (203) 857-7297 or register online at 
http://www.ncc-cybersecurity.net
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> Job Posting: Developer for Blackboard 

Blackboard International B.V. is hiring a Developer for its Amsterdam 
office. The position requires solid design and development skills in Java 
and PERL within Solaris, Linux and Windows operating systems, in Oracle 
DBMS and MS SQL environments, and in Web technologies such as 
Microsoft IIS and Tomcat. Knowledge of .NET technologies is essential. 
The candidate should have excellent customer interaction and presentation 
skills, must be able to create high quality design and implementation 
specification deliverables. A Bachelors degree in a technical discipline with 
at least 2-3 years of software design and development experience is 
required. Contact: Donnie Small ( dsmall@blackboard.com ).
_____________________________________________

> IT Infrastructure & Management Services Conference & Expo - Boston

April 15-16, Boston. This is the only event focusing on how organizations
can reduce IT costs and increase IT service quality through selective IT
infrastructure, operations and management sourcing/services. 2-Day, 1-Day
and Expo Pass Registration Available.
Learn more and register today at http://www.itinfrastructureevent.com
Send inquiries to registration@jupitermedia.com
_____________________________________________

> APOLLO 13 Leadership Workshop - A&A Services

APOLLO 13 Leadership Workshop. Attention: CEOs, Presidents, VPs,
Directors, Managers, Sales Executives. Create a team that executes.
Develop mutual trust and respect. Ensure clear communication. Focus on 
the
goals and not the obstacles. Create an effective team. Implement a sense
of urgency. Develop a "Failure is not an option" mentality. Send inquiries
to info@apollo13training.com
Visit http://www.apollo13training.com
_____________________________________________

> Get an HP Workstation for a PC Price

Get an HP Workstation for a PC Price, for a limited time only. Jaw 
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Register to win an HP IPAQ Handheld PC, and share your business 
workstations needs. Hurry! This offer ends April 30, 2003. Register now 
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_____________________________________________

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events, service offerings, webinars, training courses, products for sale and 
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to sam@tristatetechwire.com or visit 
http://www.tristatetechwire.com/postings.htm

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