INTEL DEVELOPS MIDDLEWARE FOR PEER-TO-PEER XML WEB SERVICES
Intel announced the forthcoming availability of peer-to-peer (P2P) technology for XML Web services. The technology will help add collaboration, knowledge management / P2P search, and efficient content distribution capabilities to XML Web services applications.  The middleware includes support for location independence, encryption and availability.  Intel said its technology would help independent software vendors to prototype and develop new peer-to-peer capabilities within their applications on the Microsoft .NET Framework.  The Microsoft .NET Framework was chosen for the first release due to its support for P2P capabilities.  http://www.intel.com/pressroom/archive/releases/20010828tech.htm?iid=update+010828&
Intel, August 28, 2001

UNITED DEVICES RAISES $18.2 MILLION FOR INTERNET DISTRIBUTED COMPUTING
United Devices, a start-up based in Austin, Texas, secured $18.2 million in second round funding for its edge distributed computing software and services. Total funding now stands at $31.2 million.  GE Equity and Constellation Ventures led the funding with AOL Time Warner Ventures, Intel Capital, and 550 Digital Media Ventures (a Sony Group company) also participating in the round. Previous investors SOFTBANK Venture Capital and Oak Investment Partners invested as well. http://www.ud.com/company/press/press_releases/08272001.htm 
United Devices, August 27, 2001

• United Devices developed and manages the infrastructure for the “Volunteer Your PC” initiative to fight cancer, which is being conducted by the Department of Chemistry at the University of Oxford in England and the National Foundation for Cancer Research.  The Intel-United Devices Cancer Research Project server uses a computer aided drug design program that runs as a screen saver on each client device.  The software models the interaction between potential drug proteins and a target protein that is involved with the growth of cancer.  It operates whenever the client CPU would otherwise be idle and then sends the results back automatically over the Web. http://members.ud.com/vypc/ 
   
• As of August 28, 2001, United Devices has signed up 539,648 members and is harnessing the idle cycle power of 899,639 PCs.  Since the project was launched in April, volunteers have donated the equivalent of 41,676 years of PC time to the effort.
   
• United Devices plans to apply the Web distributed computing technology to a number of other commercial applications, including web site testing and indexing, 3D animation and rendering, financial analysis and other scientific projects requiring super computing power.
   
• The Search for Extraterrestrial Intelligence (SETI) project, which originated at the University of California at Berkeley, is the largest Internet distributed computing project to date and has a global network of 3 million Web-connected computers.  The computers deliver an average aggregate of about 14 Teraflops and have completed over 500,000 years of processing time over the past year and a half.  The project scans through over 40 GB of data collected daily by the Arecibo Radio Telescope in Puerto Rico in hopes of identifying radio signal fluctuations that may indicate a sign of intelligent life from space.  The director of the SETI@home project, Dr. David Anderson, is now the Chief Technical Officer of United Devices.

See our Directory of other Distributed Computing / Peer-to-Peer start-ups
http://www.convergedigest.com/StartupDirectoryX/P2P.asp

NETSEAL DEVELOPS IPSEC VPN SECURITY FOR 802.11B NETWORKS
NetSeal Technologies, a start-up based in Espoo, Finland, introduced a Mobile Private Network architecture that adds IPSec VPN security to corporate WLANs based on 802.11b technology.   NetSeal said the industry standard 802.11b WEP (Wired Equivalency Privacy) security specifications are flawed and leave every vendor's WEP reliant products vulnerable to attack.  NetSeal’s Mobile Private Network (MPN) architecture creates an intra-network IPSec compliant VPN using strong encryption and individual keys that can be changed as often as needed.  The technology would also enable uninterrupted connections made possible by IP roaming between several different wired and wireless network types, including wired LANs, xDSL, cable-modem, ISDN, dial-up modem connections, wireless LANs and devices using Bluetooth, CDMA, TDMA and GPRS. http://www.netseal.com 
NetSeal Technologies, August 28, 2001

• In April, NetSeal secured US$9 million in second round funding led by Fidelity Ventures.

ACCESSLAN SECURES $16 MILLION IN NEW FUNDING FOR NEW IP/ATM PLATFORM
AccessLan Communications, a start-up based in San Jose, California, secured $16 million in new equity financing for development of a new IP/ATM platform.  Investors include Advanced Fibre Communications, Accel Partners, BancBoston Ventures, Highland Capital, The Ignite Group, NIF Ventures, Sequoia Capital, and Tudor Private Equity Fund. http://www.accesslan.com 
AccessLan Communications, August 27, 2001

OPNET INTRODUCES MODELING SOFTWARE FOR 3G NETWORKS
OPNET Technologies introduced new modeling software specifically designed to evaluate and optimize third-generation (3G) wireless technology.  The new UMTS models performs network engineering analysis, supports virtual deployment of QoS policies, and quantifies the performance impact of various component failure/recovery scenarios. In March OPNET announced plans to co-develop UMTS models with Telcordia. http://www.opnet.com/news/press/umts.html 
OPNET, August 28, 2001

LANCOPE RELEASES GIGABIT INTRUSION DETECTION APPLIANCE
Lancope, a start-up based in Norcross, Georgia, introduced a gigabit-speed threat management appliance that statistically analyzes network flows, rather than piecing together the packets in a TCP connection.  The StealthWatch G1device allows high-volume data centers to achieve real-time monitoring of gigabit speed network traffic for anomalies and intrusions, including new attacks (Code Red Worm), encrypted attacks, denial of service (DoS) attacks, internal attacks and stealth Trojan Horses.  Weather.com, one of the top 25 sites in the US, is using the appliance to monitor its 14 million unique users per month accessing 350 million pages. http://www.lancope.com/ 
Lancope, August 28, 2001

• Lancope was founded in September 2000 by Dr. John Copeland, a professor at the Georgia Tech School of Electrical and Computer Engineering, and Jay Chaudhry, who previously was founder and CEO of SecureIT, an Internet security services company that was acquired by VeriSign in 1998.

FIBERCITY NETWORKS DEVELOPS LOW-COST DWDM SYSTEM
FiberCity Networks, an enterprise data services provider based in Newark, New Jersey, introduced its own line of low-cost DWDM equipment designed for Gigabit Ethernet, SONET and ESCON service over metro area networks.  The equipment is designed to handle 40 OC-48 wavelengths over a two-strand fiber ring.  It does not use either coarse DWDM or passive optical (PON) technology. The company hopes to license its technology to network equipment manufacturers.  Fiber City said it manufactured its own DWDM equipment for less than 10% of the cost of functionally similar, commercially available DWDM systems. http://www.fiber-city.com
FiberCity Networks, August 28, 2001

LEVEL 3 SIGNS INTERNATIONAL VOICE AGREEMENT WITH BELGACOM
Level 3 Communications signed a voice interconnection agreement with Belgacom's Wholesale & Carrier Services Business Unit, which was ranked the 14th largest international carrier in 2000.  Level 3 already provides Belgacom with its (3)CrossRoads Internet access service in Europe. http://www.Level3.com 
Level 3, August 28, 2001

ZHONE ACQUIRES NORTEL’S DISCONTINUED DIGITAL LOOP CARRIER PRODUCTS
Zhone Technologies has acquired Nortel Networks’ recently discontinued AccessNode and Universal Edge (UE) 9000 Digital Loop Carrier (DLC) shelf and UE 9000 Remote access shelf product.   Nortel’s AccessNode products provide support for both narrowband and broadband services in an integrated platform. Financial terms were not disclosed.  Zhone plans to enhance the AccessNode and UE 9000 platforms with new software and hardware features that would provide existing customers with a migration path to Zhone's next generation Single-Line, Multi-Service (SLMS) platform.  Zhone said the most important aspect of this acquisition was the AccessNode UE 9000 DLC customers.
http://www.zhone.com/press/archives/20010828.html 
Zhone Technologies, August 28, 2001

• Zhone's Single Line Multi-Service (SLMS) architecture aims to consolidate copper, fiber, and coaxial physical loop plants into a single integrated infrastructure supporting multiple transport options and multiple services with a common management model.
   
• Zhone Technologies was founded in September 1999 by Mory Ejabat, the former President and CEO of Ascend Communications; Jeanette Symons, the former CTO of Ascend; and Robert Dahl, the former CFO of Ascend.

QUALCOMM REACHES 500 MILLION CDMA CHIP MILESTONE
QUALCOMM shipped its 500 millionth CDMA chip. The figure represents cumulative CDMA chips shipped across all product lines.  QUALCOMM estimates there are 90 million wireless subscribers worldwide using CDMA technology, up from just over four million in September 1997. http://www.qualcomm.com/cda/pr/view/0,1800,649,00.html 
QUALCOMM, August 27, 2001