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
iDirect Technologies, a
Reston designer and developer of satellite-based
broadband access solutions, applied for six patents
across a number of its software and hardware components
involving allocation of bandwidth, quality of
service and network management. (01/13/04,
PRNewswire)Worldcom, an Ashburn-based
telecommunications firm, received clearance to
begin receiving new federal contracts based on
the company’s efforts to rectify problems
in ethics and accounting stemming from an $11
billion accounting scandal that forced then-MCI
into bankruptcy in 2002. (01/08/04, The Washington
Post)
ORBIMAGE, a Dulles provider
of Earth imagery products and services (formerly
Orbital Imaging Corp.) emerged from bankruptcy
protection, effective Dec. 31, 2003. (01/05/04.
PRNewswire)
Mythic Entertainment,
a Fairfax developer of online role-playing games,
sued Microsoft Corp. of Redmond, Wash. for trademark
infringement and unfair competition, over Microsoft’s
forthcoming game “Mythica.” The company
alleges the name is likely to cause confusion
among consumers. (12/22/03, PRNewswire)
Bright Cove Securities, a Virginia Beach-based
broker dealer, several associated businesses,
and founder Allen Drake, received fines totaling
$1.2 million from the State Corporation Commission.
SCC investigators found 218 investors were misled
on investments made through the Drake-founded
businesses. (12/19/03, Press release)
Houlihan Consulting LLC,
changed its name to Houlihan International
LLC, to better reflect its role in servicing
clients’ global businesses. (12/18/03,
Press release)
