Despite the tough times in telecom, one RTP venture is doing well in pricing, packaging, servicing and selling broadband, and an entrepreneur is starting a new venture to capitalize on a growing need for contract wireless communications workers — is determined to do for ordering of high-speed and advanced network services what has done for home mortgages. And it’s introduced a new service that guarantees best prices plus support for installation and service.

“Yes, broadband deployment continues to increase, and the average business is using more bandwidth than ever before,” said Henry Kaestner, the company’s chief executive officer, “largely due to the applications (such as web conferencing) that are becoming commonplace in the market.”

Meanwhile, Kevin Flannery picked a “hot spot” to announce his latest venture last week. is a web site established to match companies wanting to jump on the hottest trends in wireless (Wi-Fi and next generation networks) and network engineers who have either lost jobs or are looking for new ones.

“Wireless and jobs ins a very popular search term,” said Flannery, who researched the idea of the niche web site for two years. This isn’t “Hot Jobs”. It has a specific focus — the wireless industry, which Flannery knows well.

Flannery, founder of Wireless Management Solutions which helps telephone and wireless companies install and maintain networks, trotted off to New Orleans for the annual Cellular Telecommunications and Internet Association Show to announce

Here’s a look back at a busy week:

Four venture capital deals closed during the week, including three in North Carolina. The deals went to Taragecpt, Oculan and Stemco in North Carolina plus Brickstream in Atlanta.

Meanwhile, entrepreneurs from around Western North Carolina gathered to hear presentations from three companies as well as some advice and insight on the ins-and-outs of raising venture capital.

Cisco Systems had a busy week on the acquisition front in three stories. It agreed to pay $500 million in stock to acquire privately held Linksys Group, thus moving into the home networking market. Another $13.5 million in stock will go to purchase SignalWorks, a VoIP quality improvement firm. Cisco also said it would spend another $5 billion in a stock buyback program.

Meanwhile, days after Hugh McColl’s chief executive summit in Charlotte, the executive suite doors were revolving in the Southeast. Gary Forsee won an arbitration ruling to take over as CEO at Sprint, quitting BellSouth. And YellowBrick software in RTP ousted another CEO.

In biotech, Trimeris announced its new AIDS drug was moving fast toward approval for sale in Europe. Trimeris and partner Roche also announced the drug’s price – $20,000 a year.


Atlanta Customer Intelligence Software Firm Closes on $6.2 Million –

Targacept Closes on Additional $14 Million; Its Second Round Totals $60 Million –

Oculan, With New CEO in Place, Lands $5 Million Investment –

Durham Biotech Firm Closes on $9.8 Million Round –

Look West: Entrepreneurs Start Putting Western NC on Business Radar Screen =


Exploring Complexities of Contract Negotiations — Southern Style –

The Accessible Human: Wireless and Our Need to be Connected, But Not Always –

Leadership 101: Real Leaders Listen To Move Their Teams Forward –

Nanotechnology Research: Don’t Sweat the Small Stuff, There’s No Need for Federal Regulation –

Darleen Johns Did More Than Break Glass Ceiling. History Shows She Smashed It. –

‘Gut Instinct’: Johns Founded Alphanumeric Committed to Service –

Bubble Hangover: High-Tech Sector Has Shed 560,000 Jobs in 2 Years-

CEOs Troop To Charlotte To Hear a Call To Arms for Responsibility –

TELECOM & NETWORKING: Tries To Take the Pain Out of Broadband Ordering –

Hatteras Networks Joins Elite Top 10 at Investment Conference –

Cisco Moves into Home, Small-Business Networking Segment –

Cisco Moves To Acquire VoIP-Related Firm, Authorizes $5 Billion Stock Buyback –

RTP Entrepreneur Hopes To Capitalize on Wireless Growth With Web Site –

Judge Rules That BellSouth Exec Can Join Sprint — With Restrictions –


Red Hat, HP Expand Their Relationship; HP Says Red Hat Linux Is Its Preferred Choice –

YellowBrick Ousts Yet Another CEO, Lays Off Half Its Staff –

Atlanta CRM Firm Sells Interactive Marketing Arm for $43.5 Million –


Fuzeon Moves Closer to Approval for Sale in Europe; EU Acceptance Expected in 90 Days –

Trimeris, Preparing for Fuzeon Launch, Reports Increase in Losses –