Company and tech news from the region.
DDK Group gets $18.9 million defense contract
Bowie-based DDK Technology Group, Inc., a database and network security provider, said the Department of the Navy awarded DDK a five-year contract worth more than $18.9 million. DDK will provide Knowledge Management and Technology Management subject matter expertise in support of an operations and maintenance modernization plan. Specifically, DDK will provide business process reengineering, database engineering, application and administration, as well as Web design and computer and network forensics expertise. DDK will enhance the Department of the Navy’s ability to effectively respond to and counter computer-based threats to Navy assets and information by automating procedures and tools.
BulkRegister offers digital certificate manager
Baltimore-based BulkRegister, an Internet domain name registrar, is offering a free tool to its customers that manages digital certificates, key components of online commerce. Digital certificates protect communications and transactions completed over the Web. They are becoming harder to track as more of them are used. BulkRegister expects its CertWatch tool to enable its customers to automatically sell, renew and manage digital certificates.
B-Line Express updates charting software
Columbia-based B-Line Express released its newest Charting Components software, Charting Components 2.5. This expanded version of B-Line’s state-of-the-art charting components for Flash developers includes Flash MX 2004 compatibility, as well as several new features. Version 2.5 enables Developers to easily add sophisticated interactive charting and graphic solutions to their Macromedia Flash front end.Ê
Baltimore shoppers among most Web-savvy
According to the second annual “Online Shopping Cities” poll from America Online, Baltimore shoppers are among the most Web-dependant in the country. The city’s online shoppers spent about $228 per month online, placing the city fourth nationally, behind only Nashville (where shoppers spent $328 per month online), Los Angeles and Raleigh. Washington, D.C. ranked No. 6. The report polled nearly 8,000 adults on their online shopping habits, and found 27 percent of those surveyed said the Web was an easier way to “comparison shop” while 24 percent said they shopped online because they “hate crowds and malls.” Another 12 percent said they found better deals online.
Tech entrepreneur honored
Chesapeake, Va-based Geeks On Call franchise owner Ernest Stallcop recently received an award for being a “model micro entrepreneur” in Hampton Roads. The award was given by the Center for Community Development’s Cottage Industry Advisory Board at the annual meeting of the Center for Community Development, and featured a who’s who of successful entrepreneurs and business owners from throughout Hampton Roads.
Betrusted to buy Baltimore Tech business
Electronic commerce security firm Betrusted Holdings Inc. has been granted shareholder approval to acquire Baltimore Technologies’ public key infrastructure (PKI) business for $8.26 million. The purchase will allow Columbia-based Betrusted to sell Baltimore Technologies’ Unicert product, a PKI technology which has more than 300 customers in government, financial services and telecommunications industries. London-based Baltimore Technologies’ customers include the Bank of Ireland and Cable & Wireless. PKI uses encryption and digital certificates to authenticate online users. Bank One’s private equity group, One Equity Partners, owns Betrusted, which was established in 2000 by PricewaterhouseCoopers LLP.
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