Virginia Businesses in the News


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For the Record is compiled from company releases, business journals and newspaper reports from around the state. If you have an item for these listings: • Mail it to: For the Record Virginia Business Magazine P.O. Box 85333 Richmond, VA 23293 • E-mail it to ForTheRecord@va-business.com • Fax it to (804) 649-6311

University of Virginia researchers developed a steel-like alloy, DARVA-Glass 101, which is three times stronger than high-strength steel. The material is nonmagnetic and has non-corrosive properties. Possible applications include ship hulls, automobiles and corrosion-resistant coatings. Commercial use could begin in as little as three years with potential far-reaching effects on the steel industry. (7/21/04, Richmond Times-Dispatch)

Ascend Therapeutics, a biopharmaceutical company based in Herndon, plans to launch trials of its Andrin gel in conjunction with the University of Sydney in Australia. Andrin is being studied as a possible way to prevent prostrate growth in middle-aged men. (7/16/04, PRNewswire)

The Minority Business Professionals Network named Benjamin B. Hankins Jr. one of 50 Influential Minorities in American Business. Hankins is founder, president and CEO of Axiom Resource Management, a Falls Church consulting firm. (6/29/04, PRNewswire)

Robert J. Belshaw received a Rainmaker Award from DC Velocity magazine as one of 12 top professionals in the logistics and supply chain industry. Belshaw is COO of Insight, a Manassas-based provider of supply chain planning solutions. (7/1/PRN)

The Virginia State Bar elected Janet Peyton of the Richmond-based law firm McGuireWoods, as new secretary of the bar’s intellectual property section. Peyton’s practice focuses on software licensing and intellectual property. (7/1/04, Press release)

Roanoke County received honors as one of the most technologically advanced counties in the country in a survey by the National Association of Counties and California’s Center for Digital Government. The county was cited for its variety of online services, and though it has a population of 86,000, Roanoke County was judged in the population category between 150,000 and 249,999 because of the Roanoke Metropolitan Statistical Area’s population of 235,000. (7/2/04, The Roanoke Times)

ManTech International Corp., a Fairfax-based company focused on technology solutions for the defense and security sector, introduced NetWitness version 5.0, an enhanced version of its network wiretap tool. The new version offers advanced analytical features and increased capability for monitoring Voice over Internet Protocol calls. (6/29/2004, Business Wire)