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Local seminars focus on Russian Science and tech, Verizon’s literacy initiative, Baltimore online, R-Prometric, and Legato.

Seminars focus on Russian Science, Technology

The Pennsylvania-Russia Business Council and the U.S. Department of State will hold a series of seminars on Russian Science and Technology opportunities for U.S. businesses. The seventh seminar of the series, organized with the BISNIS U.S. Department of Commerce and Maryland’s Office of International Trade, will be held in conjunction with the annual TechTrends 2002 Conference and Exhibition. The event is scheduled for Wednesday, April 3 at the Baltimore Convention Center from 6:30-8 p.m.

Opening remarks will be given by U.S. Congressman Curt Weldon, co-chair of the U.S. Congress-Russian Duma Working Group. Keynote presentations will be made by Andy Hood, director of science centers programs with the U.S. Department of State, and Maria Douglass, senior technology implementation manager of the International Science & Technology Center in Moscow.

TechTrends 2002 Conference will showcase technology capabilities and interests of federal agencies, academic institutions, and large and small companies. The conference will also offer daylong technology workshops in the areas of biotechnology, materials/nanotechnology, energy and environmental technology, manufacturing technology, defense, technology transfer , venture capital, information technology, and transportation. -CU Staff

Verizon makes grant to area literacy group

Verizon SuperPages, a literacy initiative organized by Verizon Information Services, has donated a $30,000 grant to support the Baltimore Reads Book Bank program. The grant will help provide new and gently used books to the Baltimore community.

Verizon SuperPages sponsors community outreach programs across the nation designed to increase the literacy rate of children and adults and to help people of all ages become computer literate. -CU Staff

Baltimore debuts online bill payment program

Baltimore has partnered with Online Payments Corp. to facilitate automated payments online for parking fines, real-estate property tax, personal property tax, metered water bills, and other miscellaneous bills. OPC will assess a convenience fee for use of the online service. Baltimore receives no money from the additional charges. -CU Staff

R-Prometric signs pact with Japanese securities dealers

Baltimore-based R-Prometric, an affiliate of Thomson Prometric, has secured a contract with the Japanese government to convert the Japanese Security Dealers Association (JSDA) licensing examination from a pencil and paper program to a computer-based model.

The JSDA is responsible for administering securities-related licenses on behalf of the Japanese Ministry of Finance. The organization is composed of more than 500 member companies whose employees may trade on the Tokyo Stock Exchange or in other security-related business and trade practices after completing the licensing examination.

The delivery of the Prometric computer-based JSDA exam begins this month. More than 20,000 tests are expected to be taken this year at 80 public Prometric-affiliated testing centers. It is the first of Japan’s public certifications to be converted to a computer-based format. -CU Staff

Legato Systems buys OTG Software for $403 million

Enterprise storage-management company Legato Systems, based in Silicon Valley, has acquired Rockville-based OTG Software for $403 million in stock and cash.

Under the agreement, each share of OTG common stock will be converted into the right to receive .6876 of a share of Legato common stock and $2.50 per share in cash.

OTG shareholders will own about 21 percent of the combined company when the transaction is complete, which is expected to occur by the second quarter of this year. Richard Kay, chief executive at OTG, will join Legato’s board after the acquisition is complete. No information had been released on how the merger will affect staffing at the two companies. -CU Staff

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