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

Surety, a Herndon-based data integrity services provider, selected Merritt Group Public Relations of Washington, D.C., a national public relations practice, to provide market positioning, communications strategy, analyst relations and media outreach. (08/18/03, Business Wire)

LandAmerica Financial Group Inc. of Richmond, a real estate transaction services provider, announced a formal agreement with Title Alliance, a joint venture of Pennsylvania-based T.A. Title Insurance Co., a regional insurance company, expanding the presence of both companies by meeting demand for convenient title and settlement services. (08/1/03, PR Newswire)

YDI Wireless Inc., a Falls Church-based provider of extended range products for license free wireless data delivery systems, was appointed as original equipment manufacturer distributor by Universal Scientific Industrial Co. Based in Taiwan, USI is one of the world's largest manufacturers of wireless LAN products. The deal is expected to expand the sale of the company's projects in North, Central and South America. (08/07/03, Business Wire)

National Heritage Foundation of Falls Church, a foundation aiding potential philanthropists in establishing and administering funds, selected Stellar Financial Inc., a Pennsylvania-based provider of Web-based philanthropic management software, for its NorthStar 500 Charitable Operations Management Platform to help streamline financial and operations management. (08/07/03, Business Wire)

The Virginia Beach City Council increased the cost of the new convention center by $9 million in order to include approximately one dozen signature items such as video walls near the exhibition hall, skylights and high-tech lighting and wood paneling in the ballroom. (08/13/03, The Virginian-Pilot)

The Portsmouth City Council plans to donate $4.5 million for construction of a 32,000-square-foot downtown Virginia Sports Hall of Fame. (08/13/03, The Virginian-Pilot)

Capital One Financial Corp., a McLean-based credit-card lender, plans to pay former COO Nigel Morris $3.75 million in exchange for a noncompete agreement effective until Dec. 31, 2008. (08/12/03, Dow Jones/AP)

America Online, an Internet services subsidiary of AOL Time Warner, named CareerBuilder of Chicago, an online recruiting company, as its exclusive online job-listings provider, replacing Monster Worldwide Inc. of Maynard, Mass. (08/07/03, The Washington Post)

Siddal Inc. of Richmond, a full-service communications agency, was selected by the Fairfax County Economic Development Authority to handle advertising and public relations services. (08/04/03 Business Wire)

Xybernaut Corp., a Fairfax-based provider of wearable/mobile computing hardware, software and services, and Chongqing University in China completed a research and development agreement for wearable computing technologies. (08/04/03, Business Wire)

The Martin Agency, headquartered in Richmond, was named the official advertising agency for the National Association of Stock Car Auto Racing (NASCAR). (07/30/03, Richmond Times-Dispatch)

Alfa Laval Inc. of Richmond, a provider of specialized products and engineering solutions, and Millipore Corp., a multinational bioscience company headquartered in Billerica, Mass., announced a national joint marketing agreement for equipment integration to speed the drug development process. (07/28/03, Business Wire)

Cadmus Communications Corp. of Richmond, a publisher services provider, and Datamatics Technologies, an outsourcing services provider in India, formed KnowledgeWorks Global, a joint venture providing a full range of content processing, management and related services. (07/28/03, PR Newswire)

LCC China Services, a subsidiary of LCC International Inc., a McLean-based provider of wireless voice and technical consulting services, plans to establish an equity joint venture with Bright Oceans Inter-Telecom Corp., a China-based systems integrator, that will be named Beijing LCC Bright Oceans Communications Consulting Co. (07/24/03, Business Wire)

Atlantic Coast Airlines, an airline based in Dulles, plans to sever its 14-year bond with United Airlines, by ceasing regional operations of United Express flights, in an effort to market itself as a competitive low-fare airline. (07/2/03, The Washington Post)