TechJournal South
Header

Archive for July, 2009

Study says: spam and botnets hit highest levels ever

Thursday, July 30th, 2009

Security company McAfee says second quarter spam exploded by 80 percent over the first quarter this year, reaching the highest levels ever.

McAfee’s Q2 Threats report says the company saw the highest amount of spam it ever recorded in June alone.

It exceeded the previous high in October by 20 percent.

The report says zombies and botnets are hijacking ever more computers to send spam and malware. The company says it recorded 14 million new zombies, up by 150,000 a day, a record.

McAfee blames the increase on the number of unprotected home computers.

The number one threat in the quarter was AutoRun malware, which is automatically triggered when users plug in a USB, memory card or other external device. McAfee says it found AutoRun malware on 27 million files in one 30 day period during the quarter.

Online: www.mcafee.com/us/threat_center/default.asp

NC-based Consonus Technologies lands additional financing

Thursday, July 30th, 2009

CARY, NC – Data center operator and IT services firm Consonus Technologies has secured additional growth capital in an undisclosed amount from U.S. Bank, the Company’s long-time financing partner.

This increased financing, the second round of financing provided by U.S. Bank to Consonus in the last 20 months, is for continued expansion and investments in its data centers including robust capacity, power, bandwidth, and highly-efficient cooling systems.

Consononus says it has received more than $15 million from U.S. Bank over the 20 month period.

“U.S. Bank is a great partner and this additional investment demonstrates the success of Consonus’ commitment to grow, serve, and support our customers in our Utah Data Centers,” said Rob Muir, Vice President of Western Operations and Corporate Treasurer for Consonus.

U.S. Bank said it continues to support Consonus because of its strong business model and financial results, particularly related to the Consonus’ data center operations. U.S. Bank has been Consonus’ financial partner since it was acquired from Questar Corporation (NYSE:STR) in May 2005.

Online: www.consonus.com

AccessOne MedCard refinancing with $25M credit line

Thursday, July 30th, 2009

CHARLOTTE, NC – AccessOne MedCard, a company that creates low interest medical credit cards for self-pay patients, has secured a $25 million revolving credit line from GE Captial’s Healthcare Financial Services. AccessOne will use the funds to refinance debt and fuel growth.

The company creates a private label, low interest medical credit card for individual hospital clients, the “AccessOne MedCard.” The program also includes a 12-month interest free and hardship option. The program is offered to all patients without credit scoring or credit reporting.

“GE Capital’s Healthcare Financial Services business has provided funding for our product since 2004,” said Russell A. Salton, III, MD, CEO, AccessOne MedCard, Inc. “Especially in this difficult credit environment, our continued access to funds will help us to achieve our growth and development goals.”

Testimonials from hospitals on the company’s Web site say the cards help substantially increase collectibles from self-pay patients.

Online:www.accessonemedcard.com

Why you need “millennials” in your workplace

Thursday, July 30th, 2009

By Joanne G. Sujansky, PhD, CSP

Retail manager Sonia DeSilva finds it increasingly frustrating to manage her youngest employees. She complains that the Millennials who work for her store, “continually show up late for work, ask to leave early, always turn down overtime requests and wonder why they haven’t been promoted after just one year on the job.” She’s not alone in her concerns.

As the Millennial generation begins to enter the workplace they are bringing a new set of skills and a different kind of work ethic than previous generations.

They’re already ‘shaking up’ the organizations that have hired them and will have a profound impact over the next five years. In the US alone there will be more than 58 million Millennials employed in various organizations by 2014!

But, will that impact ultimately be productive or disruptive? Will Millennials continue to frustrate and stymie their supervisors or will they transform the workplace into a dynamic, creative environment? To gain some perspective on the answer to those questions, you have to look at the events and circumstances that influenced these “Generation Y” employees as they were growing up.

First true children of technology
Millennials are the first true “children of technology.” They grew up with cell phones, smart phones, video games, CDs and DVDs. Between the “instant” communication of cell phones and the highly-charged feedback of video games, Millennials are used to a fast-paced and energy-filled environment.

They’ve shaped the Internet with their enthusiasm for social “networking” through Facebook, MySpace and Twitter. They’ve also turned instant messaging and texting into a new form of communication, complete with a new vocabulary (“Thx 4 the msg, C U L8R 2nite”).

Given their obsession with technology it’s understandable that Millennials often seem impatient to other generations. Their preferences for texting and instant messaging frequently frustrate others, who may be more used to email and voicemail.

Perhaps no previous generation has received as much positive feedback and encouragement as Generation Y. Millennials are used to receiving a great deal of positive feedback from parents and teachers, and they expect to continue receiving that type of support on the job. Millennials are also far more oriented to teamwork and collaboration than previous generations.

Millennials are used to doing things in groups, whether in team sports, school projects or group “dates.” Some have likened this trend to a type of “herding” behavior unique to Millennials, but it’s certainly indicative of a “team” mentality that’s important to this generation.

Understanding Millenials
Finally, you cannot understand the Millennials unless you grasp the phenomenon of “helicopter parents,” obsessive people who’re known for making major decisions for their children, completing school projects and even doing their homework. Even following graduation helicopter parents will accompany their “trophy kids” to job fairs, employment interviews, and even new employee benefit discussions.

Has all of this attention spoiled numerous members of the Millennial generation? Perhaps. But we also have to recognize that Millennials enjoyed a much closer relationship with their parents than Boomers did with their parents. This bodes well for those managing a multi-generational workforce, because it suggests that Millennials won’t see Boomers as “the enemy” and will be able to forge close relationships with co-workers.

So, what does an organization stand to gain by hiring and developing Millennial employees? Plenty, as it turns out. Many organizations are learning that Millennials bring a new energy to the workplace. Managing Millennials may require supervisors to take a different approach, but the payoff should be well worth the effort.

They are task-focused
Millennials are very task-focused when instructed clearly. Plus, their grasp of technology can make them highly efficient. Once you make sure they understand the mission before them you can generally count on Millennials to deliver. When an employer creates the kind of culture in which Millennials flourish – fast paced and energetic – all employees tend to benefit from that environment.

Their strong grasp of technology also makes Millennials natural mentors for other generations. Lets face it … some Boomers have taken to technology only grudgingly. Generation Y employees may well be able to raise the level of expectations and expertise regarding technology, helping more mature workers to really leverage technological tools.

Besides, those businesses that are focused upon capturing younger customers have little choice but to recruit and train Millennials. Who better to “speak the language” of Millennials and relate to their needs? Likewise, if you are looking to recruit younger employees to your organization you’ll want Millennials to be part of that effort, for the same reason.

So, what can managers do to attract, retain and train Millennials to their organizations?

1. Make expectations “crystal clear” –Boomer managers shouldn’t sit back and wait for their younger employees to “get it.” Make sure Millennials understand what’s expected of them and set concrete goals. They’ll appreciate the clarity and they won’t want to disappoint you.

2. Provide plenty of feedback – It’s not really handholding to compliment your Millennials on a job well down, however minor the task may be. They thrive on that type of feedback and will work harder for you when they feel appreciated.

3. Switch it up – Give your Millennial employees a chance to tackle new responsibilities and special projects. The experience will help “round them out” and give them a feeling of contribution. It’s a great way to build loyalty among a group of employees who aren’t necessarily known for loyalty. By the way, if they ask for more money because they are doing more or higher-level work tell them why they can or cannot have it.

4. Discuss long-term career plans and goals – Millennials tend to be very confident and they expect to do well. This accounts for the sense of entitlement that Millennials are often accused of possessing. They won’t bide their time and wait for promised promotions as their parents did. Let them know what’s required for them to move to the next level and make sure they feel in control of their own destiny.

5. Create an environment that is engaging and exciting – Fresh ideas, new thinking, team challenges, creative recognition and fun activities all contribute to the type of atmosphere that energizes Millennials. In the long run all employees will benefit from the effort.

As Millennial employees begin to take their places alongside other generations, the potential for conflict and culture shock may run rampant. Without doubt, Millennials are going to shake things up and they may represent a frustrating challenge for supervisors. But look past the obvious differences and shortcomings, and you’ll find that your Millennials offer you a chance to create a fresh, more dynamic workplace culture that promises higher levels of productivity and profitability.

Dr. Joanne G. Sujansky, CSP (Certified Speaking Professional), founder and CEO of KEYGroup, works with leaders to create cool workplaces that attract, retain and get the most from their talent. As a consultant and speaker with over 25 years of experience, Joanne’s many clients include American Express, AT&T and Mayo Clinic. She is co-author of the best-selling book, “Keeping the Millennials: Why Companies Are Losing Billions in Turnover to This Generation and What to Do About It.”

For more information see: www.joannesujansky.com

NationNet opening new metro Atlanta data center

Wednesday, July 29th, 2009

ATLANTA – The economy may be down, but data center operators continue to thrive. NationalNet, an Atlanta-based hosting and colocation provider, has completed a new data center in the Atlanta suburb of Marietta.

The new facility will be home to the company’s managed hosting and colocation divisions plus will house the newly formed unmanaged dedicated hosting division.

The five-year-old building, formerly a high security processing and data center facility for one of the largest banks in the Southeast, has been rebuilt as a high availability, highly efficient, data center.

The Design/Build project being completed by Total Site Solutions, of Columbia, Maryland, began in January with Phase 1 of the facility slated to open in late July.

The initial 35,000 square foot phase will include administrative offices, network operations, and the data center requirements necessary to support NationalNet’s growing customer base.

Online: www.nationalnet.com

NC Biotech Center names industrial fellows

Wednesday, July 29th, 2009

RESEARCH TRIANGLE PARK, NC – The North Carolina Biotechnology Center has begun supporting a second group of promising scientists in a unique fellowship program that lets them learn about life in industrial research while being mentored by co-workers in North Carolina bioscience companies.

In a competitive screening process, the Biotechnology Center chose three companies in April to be sponsors for this, its second class to enter the Industrial Fellowship Program. Those firms helped select the postdoctoral scientists with whom they will work over the two-year fellowship period.

• Derek Bush, who earned his doctorate in chemistry from Duke University last year, is beginning his fellowship at Banner Pharmacaps, of High Point, developer of a gelatin-based, oral drug-delivery system.

• Susan Deupree, who earned her biological chemistry Ph.D. in March from the University of North Carolina at Chapel Hill, went to Enthalpy Analytical, of Chapel Hill, a contract research organization that analyzes chemicals for drug discovery and development.

• Kwok Willson, whose Ph.D. in biology and MBA were both from UNC Charlotte, will receive experience and training at Pioneer Surgical Orthobiologics, of Greenville, which develops products for tissue repair and regeneration.

Shobha Parthasarathi, Ph.D., technology development director for the Biotechnology Center, said the Industrial Fellowship Program began with five fellows last year as a way to help scientists transition from academic to corporate research.

“These fellows benefit from the industry experience as well as from the business and entrepreneurial training and workshops provided to them,” said Parthasarathi.

“By the time they complete their fellowships, we hope to have empowered them with an understanding of the business side of biotech. We also want to help them advance their own research interests and become more skilled at evaluating the commercial potential of innovation.”

Online: www.ncbiotech.org

Emory scientists find fast way to diagnose and target viral infections, including flu

Wednesday, July 29th, 2009

ATLANTA—Researchers at Emory University have developed a new method of rapidly producing highly targeted monoclonal antibodies that could be used to diagnose and stave off viruses including the H1N1 (swine flu) virus.

Rafi Ahmed, PhD, and his collaborators, including postdoctoral fellow Jens Wrammert, PhD, generated high-affinity monoclonal antibodies against an influenza virus strain only a month after vaccinating human volunteers.

They believe the technique could be used for any infectious disease, and they are continuing to study its use against flu viruses, including H1N1. Ahmed is director of the Emory Vaccine Center and a Georgia Research Alliance Eminent Scholar,

To listen to Ahmed’s own words about this novel way of creating antibodies, access Emory’s new Sound Science podcast at http://whsc.emory.edu/soundscience/

The antibodies, which can be isolated from a small amount of blood of infected humans, could be targeted against H1N1 and rapidly reproduced to detect or attack the virus. The monoclonal antibody technology was described last year in the journal Nature and is being developed in collaboration with scientists at the University of Chicago.

Using this new technique, researchers could quickly generate human antibodies against a pandemic flu strain as a stopgap therapy or to protect people from infection.

With just a few tablespoons of blood, the scientists can rapidly generate human antibodies that could be used for diagnosis or treatment of newly emerging strains of influenza. In the face of a disease outbreak, the ability to quickly produce infection-fighting human monoclonal antibodies would be invaluable, say the researchers.

Conventional methods of making human monoclonal antibodies are time-consuming and laborious, says Ahmed. For example, one method involves sifting through human B cells–white blood cells that make human antibodies–and then looking for specific cells that make the right antibodies.

“Not only is the new method quicker and less cumbersome, but this could be applied to almost any infectious disease. In any kind of emerging infection, speed is essential,” says Ahmed.

Virginia-based IceWEB secures $3M in stock sale

Wednesday, July 29th, 2009

DULLES, VA – IceWEB, Inc.™ (OTCBB:IWEB), www.iceweb.com, today announced that it has entered into a definitive agreement with an unidentified technology and energy focused fund for a $3 million investment in the company’s Series C preferred stock.

Proceeds from the Investment will be used to fund operations and working capital needs.

Headquartered just outside of Washington, D.C., IceWEB manufactures and markets storage solutions and on-line cloud computing application services. Its customer base includes U.S. government agencies, enterprise companies, and small to medium sized businesses.

Online: www.iceweb.com

Charlotte-based US HIFU closes $5M financing

Wednesday, July 29th, 2009

By Allan Maurer

CHARLOTTE, NC – US HIFU, a healthcare company focused on treating primary and recurrent prostate cancer with high intensity focused ultrasound, has closed on $5 million in debt financing from Toronto-based MMV Financial.

US HIFU was founded in 2004 and is headquartered in Charlotte. The company closed on $23 million in venture backing from Galen Partners in 2008, it’s only venture round to date.

The 40 employee company has operations in seven countries and has been hiring, John Linn, VP of Finance tells TechJournal South.

Scale Finance, which provides professional CFO services, Controller solutions, and support in raising capital, or executing M&A transactions, to growth companies, handled both transactions.

Scale Finance’s Dave Gilroy commented, “we’ve been working with US HIFU for the last 18 months on a variety of projects and have been amazed at the company’s progress in serving patients overseas while driving through late stage clinical trials here in the US.

“In addition, US HIFU’s technology platform around high intensity focused ultrasound and multiple related technologies has continued to broaden in its therapeutic applications in prostate cancer – one of the largest markets in oncology. This Charlotte company has an extraordinary future.”

Linn says the HIFU device has been approved in 33 countries and is in Phase III clinical trials seeking U.S. Food and Drug Administration approval.

“A lot of U.S. insurers are already paying for it” when patients travel to Canada or Mexico for the treatment, says Linn.

US HIFU currently provides therapeutic services in Canada, Mexico, the Caribbean, South America, and India where the company’s proprietary medical device, which is a minimally invasive out patient procedure, is already approved.

Online: www.internationalhifu.com; www.scalefinance.com

Virginia-based Core BTS acquires Inacom Information Systems

Wednesday, July 29th, 2009

FALLS CHURCH, VA – Core BTS, which sells business technology and infrastructure services, has acquired Wisconsin-based Inacom Information System, which sells technology services.

Financial terms were not disclosed.

“This acquisition substantially increases our base of technical talent and enhances the breadth of service offerings for our company overall,” said Don Eckrod, the CEO of Core BTS.

The combined company will have 350 employees.

Online: www.corebts.com