Premium Sponsor
Northwest Federal Credit Union

May 10, 2011

Celebrate CFO Award Finalists June 1 at the 15th Annual NVTC Greater Washington Technology CFO Awards

Unbeatable Networking and Professional Development: Get the Scoop at Committee Connection, May 19

Egyptian Ambassador Sameh Shoukry Addresses NVTC Board

CFOs: Learn the Implications of Long-term Global Shifts in Investment and Saving NEXT TUESDAY

Join the Smart Energy Committee May 18 as Dominion Virginia Power Explains the Local Energy Lifecycle

Six Regional Technology Startups Presented Business Concepts at Entrepreneur Spotlight Last Thursday

Become a Mentor Capitalist with the Power of Angel Investing Series Term Sheet Workshop May 25

Washington Life Magazine Names Four NVTC Board Members to Power 100 List

MEET THE SCIENTISTS June 17 at the Virginia Tech Research Center—Arlington

EIT Announces Expansion in Danville, Creating 50 Jobs

SmartCEO Honors Local Leaders at the Annual Circle of Excellence Awards


REGULAR FEATURES
The Entrepreneur Center @NVTC
Thank You to These Additional Upcoming Event Sponsors
Upcoming NVTC Committee Meetings
Regional Event
Member Advantage
NVTC Business Partners



Check out the latest issue of our online magazine, The Voice of Technology.
To update you profile click here.
To renew your membership, click here.
UPCOMING NVTC EVENTS

May 17, 2011 - CFO Series Event

May 18, 2011 - Smart Energy Committee Event

May 19, 2011 - Committee Connection

May 25, 2011 - The Power of Angel Investing - Doing the Deal

June 1, 2011 - Greater Washington Technology CFO Awards

June 3, 2011 - Private Equity Event

June 10, 2011 - Business Development, Marketing & Sales Event

June 13, 2011 - Entrepreneur Center Networking Event

June 14, 2011 - Technology Innovations Event

June 16, 2011 - Business to Government Event

June 28, 2011 - 2011 Hot Ticket Awards

June 30, 2011 - NVTC's Annual Meeting 2011


Sponsor
NVTC CFO Awards
Celebrate CFO Award Finalists June 1 at the 15th Annual NVTC Greater Washington Technology CFO Awards

CFO Awards Logo Seats are quickly filling for the 15th Annual Greater Washington Technology CFO Awards to recognize CFOs of some of the region's top technology companies. The CFO Awards banquet is one of the foremost events on NVTC's event calendar and a can't-miss networking opportunity.

Special guest! Nigel Morris, co-founder of Capital One Financial Services and managing partner of QED Investors, will be honored with the 2011 Michael G. Devine Hall of Fame Award.

As an additional bonus, all CFO Award attendees are eligible to receive a free one-year subscription to Capital Business (a $69 value), the B2B subscription publication from The Washington Post.

Join NVTC on June 1 to find out who will win among the following esteemed finalists:

Public Company CFO of the Year:
Todd Headley - Sourcefire Inc.
Gokul Hemmady - NII Holdings Inc.
John Kinzer - Blackboard Inc.
Brian Robins - Verisign Inc.
Samuel Strickland - Booz Allen Hamilton
Ken Tarpey - comScore Inc.

   Private Company CFO of the Year:
Lisa Brown - Raytheon Trusted Computer Solutions
Greg Cole - K2M Inc.
Dana Duffy - NetWitness Corporation
Tomas Esterrich - MicroTech
Paul Fletcher - Presidio Inc.

Group/Division CFO of the Year:
David Harvey - Northrop Grumman Technical Services
Bruce Jarvie - BAE Systems
Michael Waple - CGI
   Emerging Growth CFO of the Year:
Robert Aldrich - Parature Inc.
Lance Cawley - Insite Wireless Group LLC
Joel Reiser - SMARTHINKING Inc.
Robert Rosenberg - NTELX
Mike Woosley - TidalTV

Register today!

Date:
June 1, 2011

Time:
6:00 – 7:00 p.m. Registration
7:00 – 9:15 p.m. Dinner and Awards Program

Location:
The Ritz-Carlton
1700 Tysons Blvd
McLean, VA

Cost:
Member: $250.00/Non-Member: $300.00
Member Table of 10: $2500.00/Non-Member Table of 10: $3000.00

Walk-in Prices:
Member: $300.00 / Non-Member: $350.00
Walk-ins will be accepted on a space-available basis.

Platinum Sponsor: Deloitte LLP
Gold Sponsors: AH&T Insurance; ePlus inc.; Ernst & Young LLP; Houlihan Lokey; KPMG; M&T Bank; Pillsbury; PwC
Kick Off Reception Sponsors: Clifton Gunderson; Morrison & Foerster LLP; MorganFranklin Corporation
Banquet Reception Sponsors: Baker Tilly; HSBC Bank USA, N.A.; McGladrey
Nominee Reception Sponsors: Silicon Valley Bank; Wilmer Cutler Pickering Hale and Dorr LLP
Silver Sponsors: Accountants International; BB&T Capital Markets | Windsor Group; Bluestone Capital Partners; Capital Search Group, LLC; Financial Executives International; Gleacher & Company; Experis; Jones Lang LaSalle; Korn/Ferry International; Latisys - Ashburn; Lockton Companies, LLC ; Protiviti; RHI Executive Search; Robert Half International; RyanSharkey LLP; Sagent Advisors Inc.; Stout Risius Ross, Inc; Tatum; Updata Partners
Media Sponsor: Capital Business; Potomac Tech Wire
Printing Sponsor: RR Donnelley

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Unbeatable Networking and Professional Development: Get the Scoop at Committee Connection, May 19

Long-time NVTC members will tell you that committee participation is the key to getting the most out of your membership. Join your NVTC colleagues at Committee Connection on May 19 to learn about the unbeatable networking and professional development opportunities offered by NVTC's committees. At this FREE members-only event, you'll be introduced to the benefits of committee participation while networking with committee leaders and colleagues from the technology community.

NVTC committee participation gives members opportunities to meet potential clients, build relationships and learn about trends in the technology industry. Committees connect you to other NVTC members that share similar responsibilities and common interests. Take advantage of this FREE event to network with colleagues in your industry sector and find out which committees are right for you!

This is an NVTC members-only event.

Register here!

Date:
May 19, 2011

Time:
8:00 a.m. Registration
8:00 - 9:30 a.m. Networking

Location:
CIT
2214 Rock Hill Road
Herndon, VA

Cost:
Member: No Charge

Walk-in Prices:
Member: No Charge
Walk-ins will be accepted on a space-available basis.

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Egyptian Ambassador Sameh Shoukry Addresses NVTC Board


Egyptian Ambassador Sameh Shoukry addresses the NVTC Board.
Egyptian Ambassador Sameh Shoukry spoke at a meeting of the NVTC Board of Directors this morning. During the meeting, Ambassador Shoukry openly shared his thoughts about the current economic and political climate in Egypt since the revolution earlier this year.

The Ambassador acknowledged that, while the recent turmoil had negatively impacted Egypt's economy, the current transitional government is continuing to move forward with privatization and economic reform policies to encourage growth and investment, with a focus on transparency and accountability. Ambassador Shoukry also discussed the IT sector in Egypt, stating that Egyptians have achieved much progress in this sector. He encouraged continued U.S. government support and urged the U.S. technology sector to invest in Egypt to "take advantage of the current climate," noting that "greater risks are related to greater returns." The Ambassador also cited stability in the Egyptian stock market and banks, which have recently reopened, and $1 billion in risk guarantee insurance earmarked by the U.S. Overseas Private Investment Corporation (OPIC) for U.S. investors, contractors, exporters and financial institutions doing business in Egypt as reasons to consider investing in the country.

After his presentation, the Ambassador engaged in a discussion with NVTC Board members about the dynamics of regional politics and his views on prospects for stability in the region.

Click here for more information on the IT sector and investment opportunities in Egypt.

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CFOs: Learn the Implications of Long-term Global Shifts in Investment and Saving NEXT TUESDAY

Research from a new study, Farewell to cheap capital: The implications of long-term global shifts in investment and saving, sheds new light on why interest rates fell over the past three decades, and the forces that will influence them in the future. McKinsey Global Institute finds that by 2020 half of the world's saving and investment will take place in emerging markets, and there will be a substantial gap between global investment demand and the world's likely saving.

If consensus forecasts of global growth are realized, desired global investment will amount to $24 trillion in 2030, compared with $11 trillion today. This will put upward pressure on real interest rates and make capital productivity an increasingly important top management focus.

Join the NVTC CFO Series Committee next Tuesday, May 17, to gain a better understanding of the road ahead for interest rates and the implications for company strategy of a world in which capital is more costly.

Register today!

Speaker:
Susan Lund, Director of Research, McKinsey Global Institute (MGI)

Date:
May 17, 2011

Time:
7:15 a.m. Registration
8:00 - 9:30 a.m. Program

Location:
The Ritz-Carlton
1700 Tysons Blvd
McLean, VA

Cost:
Member: $45.00
Non-Member: $75.00

Walk-in Prices:
Member: $55.00 / Non-Member: $85.00
Walk-ins will be accepted on a space-available basis

Platinum Sponsors: Ernst & Young; Pillsbury
Gold Sponsor: Marsh
Silver Sponsors: AH&T Insurance; UGL Services
Bronze Sponsors: Capital One Bank; The McLean Group

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Join the Smart Energy Committee May 18 as Dominion Virginia Power Explains the Local Energy Lifecycle

From generation to transmission to distribution, how does our local energy system actually work? What is the role of our local utilities, and what are our options for cleaner energy?

Join the NVTC Smart Energy Committee on May 18 as speakers from Dominion Virginia Power explain where our energy comes from and how our local utilities are implementing programs to improve efficiency and affordability of traditional and alternative energy sources. Learn your options for procuring green power, tax incentives available to your business and more.

Register today!

Speakers:
John Kehoe, Key Account Manager, Dominion Virginia Power
Elisabeth Thomson, Energy Conservation Program Manager, Dominion Virginia Power

Date:
May 18, 2011

Time:
7:30 a.m. Registration
8:00 - 9:30 a.m. Program

Location:
ICF International
9300 Lee Highway
Fairfax, VA

Cost:
Member: $45.00
Non-Member: $75.00

Walk-in Prices:
Member: $55.00 / Non-Member: $85.00
Walk-ins will be accepted on a space-available basis

Gold Sponsors: ICF International; Noblis
Silver Sponsor: Dominion Virginia Power
Location Sponsor: ICF International

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Six Regional Technology Startups Presented Business Concepts at Entrepreneur Spotlight Last Thursday


Frank Langston of GeoSkipper answers panelists' questions
at Entrepreneur Sptolight last Thursday.
On Thursday, May 5, six startup technology companies presented their business concepts and answered panelists' questions in front of an audience of accredited investors at The Entrepreneur Center @NVTC's Entrepreneur Spotlight program.

CVCertify, Efficient Photon, GeoSkipper, KinergySM, TenPearls and XaaS were each given five minutes to present their companies. They demonstrated business concepts and products, described sales opportunities and provided other product-related statistics. The startups were then given 10 minutes to answer questions from a panel comprised of John Backus of New Atlantic Ventures, Matthew Calkins of Appian Corporation and Jim Chung of the GW Office of Entrepreneurship.

Special thanks to The Chief Storyteller, the Entrepreneur Spotlight Presentation Sponsor. For more information about the Entrepreneur Spotlight program, contact Kristin D'Amore at kdamore@nvtc.org. Stay tuned for a future Entrepreneur Spotlight event in 2011!

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Become a Mentor Capitalist with the Power of Angel Investing Series Term Sheet Workshop May 25

thePowerofAngelInvesting Join The Entrepreneur Center @NVTC for The Power of Angel Investing, a new series developed by the Ewing Marion Kauffman Foundation and distributed by the Angel Capital Education Foundation, focused on educating current angel investors and potential new investors in the region. NVTC’s version of these nationally renowned workshops, facilitated by John May of New Vantage Group, is customized for the Greater Washington Region with local expert panelists.

The Power of Angel Investing series is designed to provide tools and knowledge that encourage angels to become more active; share best practices, models, checklists and resources; increase efficiencies and success in angel investing; and provide opportunities to meet angel colleagues and local experts.

May 25 - Doing the Deal: Term Sheet Workshop:
Angel investing is high-risk investing. Consequently, certain safeguards are understandable and appropriate. This advanced workshop facilitates in-depth discussions of the terms and conditions commonly used by angel investors in funding early-stage ventures. Our goal is to provide sophisticated techniques to serious angels.

Additional Power of Angel Investing Series Workshop:
July 13 - Valuation of Early-Stage Companies

Register today!

Date:
May 25, 2011

Time:
3:00 - 6:30 p.m. Workshop
6:30 - 7:30 p.m. Reception

Location:
The George Washington University – Virginia Science and Technology Campus
Exploration Hall
20101 Academic Way
Ashburn, VA

Workshop Cost: $100.00

Walk-in Prices: $110.00
Walk-ins will be accepted on a space-available basis

Reception Sponsor: The George Washington University

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Washington Life Magazine Names Four NVTC Board Members to Power 100 List

In the May 2011 issue of Washington Life Magazine, NVTC President and CEO Bobbie Kilberg and NVTC Board Members Steven Knapp, president of George Washington University; Alan Merten, president of George Mason University; and Gary Shapiro, CEO of Consumer Electronics Association, are named on the Power 100 List of the region’s "heavy hitters."

To view the entire Power 100 List, click here.

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MEET THE SCIENTISTS June 17 at the Virginia Tech Research Center—Arlington

Join Virginia Tech National Capital Region on June 17 at the new Virginia Tech Research Center—Arlington for MEET THE SCIENTISTS to network with Virginia Tech scientists, tour the new building and participate in forums.

Attendees at this event will learn about Virginia Tech's research capabilities available both at the new research center and in Blacksburg, as scientists from some of Virginia Tech's major institutes and the Colleges of Science and Engineering present their research.

Register now! Attendance is limited to 280 people on a first-come, first-served basis. Registration will close when the limit is met.

Date:
June 17, 2011

Time:
8:00 a.m. - 12:30 p.m.

Location:
Virginia Tech Research Center—Arlington
900 N. Glebe Road
Arlington, VA

Cost: No Charge

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EIT Announces Expansion in Danville, Creating 50 Jobs

At a groundbreaking ceremony on Tuesday, May 3, NVTC member company Electronic Instrumentation and Technology (EIT) announced the expansion of its Danville, Va. operations with the construction of a new facility in the Cyber Park. According to EIT Founder and Chairman Joe May, the expansion will create 50 local new jobs. NVTC is committed to encouraging the growth of technology jobs throughout the Commonwealth.

The new facility not only gives EIT the capacity for more domestic work, but also will help bring back to Virginia manufacturing services that would have otherwise been done offshore.

EIT, an electronics engineering and manufacturing firm headquartered in Sterling, Va., currently employs about 100 people at its current 40,000-square-foot Danville facility, which opened in 2005.

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SmartCEO Honors Local Leaders at the Annual Circle of Excellence Awards

Join SmartCEO magazine for the 2011 Circle of Excellence Awards, honoring an elite group of 10 local leaders who have succeeded in taking an aspect of their businesses to a level that most companies rarely achieve.

SmartCEO will also reveal its 2011 Washington CEO of the Year at the event. Don’t miss your chance to meet and mingle with the region's top CEOs and business leaders!

Register now!

Date:
May 18, 2011

Time:
6:00 p.m. - 9:00 p.m.

Location:
The National Press Club
529 14th Street Northwest
Washington, D.C.

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The Entrepreneur Center @NVTC


To find interesting information and resources for entrepreneurs and small businesses, investigate The Entrepreneur Center @NVTC. Visit today at http://www.nvtc.org/tec/.


UPCOMING EVENTS Supported by The Entrepreneur Center @NVTC:

Technological Innovation in China – May 18
Hosted by the Technology Transfer Society of DC

Dr. Doug Guthrie, dean, professor of international business and professor of management at The George Washington University School of Business, will speak from noon to 2 p.m. on technological innovation in China and China's efforts to increase their competitive position in world high tech markets.

Click here for more information and to register.

FLC/Washington Metro Technology and Investor Forum – May 19
Hosted by Federal Laboratory Consortium Mid-Atlantic Region

In a rapidly changing world of technology, where challenges and opportunities are a daily reality, meet financial experts and technology development professionals from federal agencies/labs, academia, economic development organizations and private sector firms. They are committed to fostering a robust economy in the Washington Metro region of Maryland, Washington, D.C., and Virginia through technology development/tech transfer, and are looking for potential research and development partners.

Learn about the unique resources available in the Washington Metro region. Sessions include an investor seminar, a panel discussion about technology development/transfer and other technology cluster panel sessions.

Click here for more information and to register.

2011 South Atlantic Cleantech Open– Applications Due May 24
Hosted by Cleantech Open

The 2011 South Atlantic Cleantech Open has officially begun. Applicants with cleantech ideas across Maryland, Virginia, Washington, D.C., and other Atlantic states are encouraged to enter this competition in its inaugural year. The Cleantech Open seeks out innovators and early-stage clean technology companies, and provides unique resources to empower these startups to become viable businesses.

Applicants compete for $20,000 in cash and services in the South Atlantic region with the top three finalists going on to compete nationally for $250,000 in cash and services. Apply early and you'll receive expert mentoring help, free event attendance and the judges' feedback on your entry.

Applications must be submitted by 11:59 p.m. on May 24. To submit an application, click here.

TECHSTORM Technology Matching Event – June 2
Hosted by ALCOVe and George Mason University

TECHSTORM is a national event exclusively focused on matching innovative technologies developed at universities and federal labs with entrepreneurs, industry professionals and investors looking for startup and licensing opportunities. The event will feature 26 labs and universities from across the country, more than 115 technologies and $250,000 in seed funding from Amplifier Venture Partners.

This is a must-attend event for anyone involved in technology, licensing or new ventures! When registering, enter the discount code "NVTC" to receive $100 off your registration.

Click here for more information and to register.

2012 CES Eureka! Park – Reserve Your Spot Today
Hosted by Consumer Electronics Association International CES

Brand new at the 2012 CES, Eureka! Park is a specialized exhibit area that provides a unique exhibiting opportunity to launch a new product, service or idea. Retailers, venture capitalists, manufacturers and more are looking for YOU: the budding entrepreneurs, fledgling startups and home-grown innovators that are the future of the CE industry.

CES attracts the world's top electronics manufacturers and retailers, so you'll reach a key, global business audience all in one place. This is a great deal ($1,000 for a 10x10 turnkey exhibit package) for new companies to gain footing on the global stage. The 2012 International CES will take place January 10-13 in Las Vegas. Contact Kristen Stake at kstake@ce.org or 703-907-7648 for more information or to reserve your spot today!

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Thank You to These Additional Upcoming Event Sponsors

Private Equity Event | June 3, 2011
Platinum Sponsors: Aronson LLC; Morrison & Foerster LLP; Wilson Sonsini Goodrich & Rosati
Location Sponsor: PricewaterhouseCoopers

Business Development, Marketing & Sales Event | June 10, 2011
Platinum Sponsors: Deltek; Silverpop; Transformation Systems, Inc
Silver Sponsor: NetLink Resource Group, Inc
Media Sponsor: Capital Business
Location Sponsor: Northrop Grumman

Entrepreneur Center Networking Event | June 13, 2011
The Entrepreneur Center @NVTC Business Partners: FEDMINE; Panacea Consulting

Technology Innovations Event | June 14, 2011
Platinum Sponsor: General Dynamics Information Technology
Location Sponsor: Sprint
Media Sponsor: Capital Business

Business to Government Event | June 16, 2011
Platinum Sponsor: Berenzweig Leonard, LLP
Gold Sponsors: Harris IT Services, United Bank
Silver Sponsors: AH&T Insurance; Goodman & Company; Unanet Technologies; Vistronix, Inc.; The Washington Post- Capital Business
Location Sponsor: Patton Boggs

2011 Hot Ticket Awards | June 28, 2011
Smoking Hot Sponsors: Argy, Wiltse & Robinson, P.C.; Cooley LLP
Hottest Bootstrap Award Sponsor: Nemacolin Woodlands Resort
Hottest Buzz Award Sponsor: SpeakerBox Communications
Hottest Exit Award Sponsor: Clifton Gunderson LLP
Hottest Management Team Award Sponsor: AH&T Insurance
Hottest Emerging Government Contractor Award Sponsor: Transformation Systems, Inc.
Hottest Venture Capital Deal Award Sponsor: NetLink Resource Group
Steel Drum Band Sponsor: Latisys - Ashburn
Steaming Hot Sponsors: Comcast Business Class; Gibson Dunn & Crutcher LLP; Principal Financial Group; United Bank; Virtacore Systems Inc
Media Sponsor: Potomac Tech Wire
Media Partner: SmartCEO

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Upcoming NVTC Committee Meetings
Please note: While not all NVTC committees host special events, all of our committees meet regularly and often host guest speakers. Be sure to check the committee calendar for details on upcoming meetings.

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Member Advantage

As a benefit of NVTC membership, all members are eligible to receive exclusive discounts on services from NVTC Member Advantage participants.

AIS Network | George Mason University | Microsoft | Northwest Federal Credit Union | Off Peak Training | Unanet Technologies | Virtacore Systems Inc | Zarca Interactive

More information.

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NVTC Business Partners

AOL | Center for Innovative Technology | CGI | Cox Business | CSC | Deloitte | Deltek | Ernst & Young | HP Enterprise Services | KPMG LLP | Lockheed Martin | Microsoft | Northrop Grumman | Pillsbury | PNC Bank | SAIC | Salient Federal Solutions | Sprint | Venable LLP | Verisign

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The NVTC e-newsletter is produced weekly by the NVTC Communications Department as a service to NVTC members. You have been selected to receive the e-newsletter either as an NVTC member or through prior contact with NVTC. If you have received this email in error, please accept our apologies and click here to unsubscribe or send an email to nvtc@nvtc.org.

Advertisers: To find out how you can sponsor this newsletter, email Michele Weatherly at mweatherly@nvtc.org

Northern Virginia Technology Council | 2214 Rock Hill Road, Suite 300, Herndon, VA 20170
Phone: (703) 904-7878 | Fax: (703) 904-8008