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NewSpring Capital Promotes Anne Vazquez to Partner

Friday, September 23rd, 2016

Radnor, PA – September 20, 2016 – NewSpring Capital (“NewSpring”), a family of private equity funds providing growth and expansion capital, is pleased to announce that NewSpring Mezzanine Capital, the Firm’s dedicated mezzanine fund, has promoted Anne Vazquez to Partner.

NewSpring welcomed Anne to the Mezzanine team in 2008. She has more than 13 years of experience in financial analysis and financing of lower middle-market companies. Anne’s contributions, both broadly and to NewSpring Mezzanine, specifically, have helped drive the Firm’s success over the past eight years. In addition to her day-to-day responsibilities of sourcing and investing, Anne currently sits on the Board of Directors of portfolio companies, Alpha Imaging, Inc., S. Walter Packaging, Inc., SpeedConnect LLC, and Zentech Manufacturing, Inc. and will be assuming additional Board seats as the Mezzanine strategy builds out its latest portfolio.

“Since Anne joined the Firm, it was evident that her contributions to the investment strategy and development of the mezzanine funds would be significant,” said Andrew Panzo, NewSpring General Partner. “We look forward to Anne’s impact going forward and are confident her work will continue to benefit the Fund and its investors.”

Anne graduated from the University of Rhode Island with a B.S. in Business Administration and cum laude from Villanova University with a Masters of Accounting and Consultancy. Prior to joining NewSpring Capital, she was a Senior Analyst at American Capital, Ltd., a publicly traded asset manager in the U.S. Anne currently serves on the Board of Directors of ACG Philadelphia and the Board of Trustees of Notre Dame Academy.

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Kim Landry of Hollister Creative to Speak on Digital Marketing at Wharton School During Philadelphia Minority Enterprise Development (MED) Week

Friday, September 23rd, 2016

For Immediate Release:

September 19, 2016

Contact: Judy Norkin, Hollister Creative 484-829-0021 or JudyN@HollisterCreative.com

PHILADELPHIA, September 19, 2016— Kim Landry, president of Hollister Creative and managing partner of the Marcom Alliance, will show small business leaders how to stomp the competition in her presentation: Bigfoot Will Be Found: Why and How to have a Monstrous Digital Footprint.

Landry’s talk on October 4 at 6:30 pm at The Wharton School of Business is one of 40 events scheduled across the city for Philadelphia Minority Enterprise Development (MED) Week. Admission to her session is $20. To register, visit www.digitalbigfoot.eventbrite.com.

“I am delighted to take part in this annual effort to help minority businesses grow and thrive,” Landry said. “Creating a strong digital presence is a key marketing tactic for every business and I look forward to sharing my expertise on this subject with MED Week participants.”

Hollister Creative is a national award-winning marketing communications agency focused on the needs of service businesses and nonprofits. The agency’s clients are clustered in the fields of business and professional services and software, education, health and human services, charities and causes, manufacturing, real estate, home and facility services, culture, entertainment, media and sports.

To learn more about MED Week, visit: https://business.phila.gov/medweek/

About Kim Landry

Kim Landry is a marketing strategy consultant, President of Hollister Creative and a Managing Partner in the MarCom Alliance. She is known as a problem solver for ambitious leaders who want to grow their business or nonprofit in size, influence or impact. She views marketing as a competitive sport in which the goal is to win market share. Kim is vice chair of the board at The Main Line Chamber of Commerce, a Philadelphia Business Journal Women of Distinction honoree, and a graduate of the Goldman Sachs 10,000 Small Businesses Program. She is an active volunteer with the United Way.

For information about Hollister Creative, visit: http://www.hollistercreative.com. For information about the MarCom Alliance, visit: http://www.marcomalliance.com.

About MED Week

MED Week 2016, October 3-7, will feature 40+ events, including educational workshops, interactive panel discussions, one-on-one coaching, and opportunities to meet with procurement officers from city government and are universities. MED Week is a joint initiative of the City of Philadelphia’s Department of Commerce, the African-American Chamber of Commerce of PA, NJ & DE, the Asian American Chamber of Commerce of Greater Philadelphia, the Greater Philadelphia Hispanic Chamber of Commerce and the Minority Business Development Agency.

This year’s event theme is Philadelphia: The Center of Opportunity, Building Capacity for Prosperity.

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Edison Partners Leads Series A Investment in Big Cloud Analytics

Friday, September 23rd, 2016

Fuels Growth for Leading Predictive Analytics Technology for Insurance & Healthcare Industries

Edison Partners is pleased to announce leading a $4.5M Series A round of financing in Atlanta-based Big Cloud Analytics Inc. (BCA), a leader in predictive analytics solutions for insurance and healthcare industries. Funds will be used to expand sales and marketing efforts, as well as product development.

BCA is making healthcare simple and easy to understand by using IoT data from smart watches, wearables and other connected devices in 29 countries to inform decision-making. The company is growing 400% year over year with the help of distribution partners like Intel, CDW and Grupo Datco, and has been recognized by CIO Review as one of the Top 100 most promising companies in Big Data globally. Customers include Merck, MLC Life Insurance, as well as other health and life direct insurers and reinsurers.

Click here to read the full press release.

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Zynerba Pharmaceuticals Reports Inducement Grant to New Chief Financial Officer

Friday, September 23rd, 2016

DEVON, Pa., Sept. 13, 2016 (GLOBE NEWSWIRE) — Zynerba Pharmaceuticals, Inc. (NASDAQ:ZYNE), a clinical-stage specialty pharmaceutical company dedicated to the development of innovative transdermal synthetic cannabinoid treatments, today announced that the Company’s Board of Directors granted James Fickenscher, the Company’s newly appointed Chief Financial Officer and Vice President, Corporate Development, an option to purchase 150,000 shares of the Company’s common stock as an inducement material to his acceptance of employment with the Company in accordance with NASDAQ Listing Rule 5635(c)(4).  The option will have an exercise price equal to the closing price of Zynerba Pharmaceuticals’ common stock on September 13, 2016.  The option will vest 25% on the first anniversary of the date of the grant, with the remainder vesting in 12 equal quarterly installments thereafter, subject to Mr. Fickenscher’s continued service with the Company through the applicable vesting dates.

Click here to read the full press release.

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Boomi outgrows its home

Friday, September 23rd, 2016

Boomi was a pioneer cloud-computing company, 30 engineers and salespeople in a hillside office north of Berwyn. It sold blue-chip clients like Siemens and JPMorgan its AtomSphere-brand software, uniting and updating email, HR, sales, and inventory, via remote servers, faster and cheaper than on-site systems.

Then Dell Computer bought it from founder Rick Nucci, boss Bob Moul, and investors led by New York’s FirstMark Capital in 2010.

The cloud was the future, said Dell boss Michael Dell. He told the engineers he bought Boomi to grow it, not to make it disappear. Not like those start-ups that melt after the buyer lays 10-million-dollar bills on founders’ and investors’ desks and leaves town with code, customers, and patents pending.

Dell did what he said. “We’ll have over 300 people” by this year’s end, half in Berwyn – including software research and development – the rest in offices from California to India, Chris McNabb, general manager of Dell Boomi, said last week.

Click here to read the full article.

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NGKF Capital Markets Represents Owner in the $15.55 Million Sale of Two-Property Portfolio in Newark, Delaware

Friday, September 23rd, 2016

Philadelphia, PA (September 13, 2016) — NGKF Capital Markets has successfully completed the sale of 242 and 248 Chapman Road (the “Portfolio”) in Newark, Delaware. The NGKF Capital Markets team comprising Mike Margolis, Dave Dolan and Brett Segal, along with area experts, Neal Dangello and Wills Elliman, represented Equus Capital Partners in the $15.55 million sale to Chapman Business Associates, LLC.

The two-building portfolio consists of 242 Chapman Road, a three-story, 65,967-square-foot office building and 248 Chapman Road, a two-story, 77,974-square-foot office building. Both buildings are 100 percent occupied by two long-term tenants.

KBR, the anchor tenant, has occupied 82 percent of the rentable square footage since 1991. The tenant’s long-term commitment to the Portfolio is driven, in part, by the firm’s local clients. Approximately half of KBR’s staff services DuPont Corporation, headquartered in Wilmington. The Portfolio’s second tenant, HP Enterprises, has also been a long-term tenant since 2000, and is under lease until 2021.

Click here to read the full press release.

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Data Systems Analysts, Inc. is Awarded Air Force Contract

Friday, September 23rd, 2016

Trevose, PA – Data Systems Analysts, Inc. (DSA), a leader in delivering secure information management solutions to the U.S. Department of Defense, is pleased to announce that the United States Air Force (USAF) Air Education and Training Command (AETC) awarded it the Software Systems Support Program Task Order under the ENCORE II contract.

“We are very excited to have this opportunity to continue our support for AETC and to assist it in accomplishing its crucial mission requirements,” said Fran Pierce, CEO of DSA. “This recompete award reflects the high quality of the services DSA has provided to AETC in the past and AETC’s confidence that DSA has the requisite skills to assist it in achieving its future goals.”

Under this contract, DSA will assist AETC in overhauling its approach to software system management and technology integration. DSA will provide software sustainment services, including on-site user support, strategic support to the Integration Branch, and enhancements of an interface between the Advanced Distributed Learning System (ADLS) and Graduate Training Integration Management System (GTIMS). DSA will provide on-site user support for Mission Planning Systems at AETC undergraduate flying training locations. In addition, DSA will provide expertise to augment the Integration Branch in the areas of strategic planning, portfolio management, and program management. The work will be performed at Joint Base San Antonio-Randolph, Texas and at 15 customer locations around the United States.

About DSA

DSA is an employee owned professional services provider that is ISO 9001: 2008 registered and appraised at CMMI Maturity Level 3 for Service Projects, which enables our customers to reliably achieve sensitive, mission critical goals. Founded in 1963, DSA has deep expertise and comprehensive understanding of the operational, security, and collaboration challenges our customers must address. Our solutions encompass program and knowledge management, business process engineering and security. Our services include cyber security, software development, SharePoint solutions, data analytics, and systems engineering and integration.

DSA is headquartered in Trevose, PA, and has operations in Washington DC, Aberdeen, MD, Tinton Falls, NJ, O’Fallon, IL, San Antonio, TX, Honolulu, HI, and Denver, CO.

Contact
RJ Kolton, Sr VP, Business Development, 703.261.6083; RJ.Kolton@dsainc.com

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Pamela Strisofsky Appointed to Privakey’s Board of Directors

Friday, September 23rd, 2016

Venture capital experience will benefit the early stage company

Privakey, an innovator in cloud-based digital identity and authentication, has appointed Pamela Strisofsky to its Board of Directors. Strisofsky brings more than 25 years of finance, venture capital, and business operations experience to the Privakey Board. Strisofsky currently serves as Chairwoman of Ardica Technologies, and as a member of both the board and the finance committee of the First Hospital Foundation. She also serves as an advisor to Guardian Capital Partners, Madison Bay Partners, MVS Management, and WealthForge.

Previously, Strisofsky spent more than 15 years as managing director and chief financial officer of TL Ventures, an early-stage venture capital firm with $1.5 billion under management, while also serving as an advisor to EnerTech Capital Partners, an energy-focused venture fund with $500 million under management. During her TL tenure, she assisted the firm in raising more than $1.2 billion of capital, administered the investment of more than $1.3 billion, and returned more than $1.5 billion to TL’s partners. Pam also served for eight years as the chief financial officer of EnerTech Capital Partners.

Click here to read the full press release.

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IBM’s inaugural CMO to headline IMPACT 2016 in Philadelphia

Friday, September 16th, 2016

Written by Michelle Caffrey, Philadelphia Business Journal

IBM’s inaugural Chief Marketing Officer and the former CEO of luxury shopping website Gilt will headline IMPACT 2016, the Philadelphia Alliance for Capital and Technologies’ annual capital conference, as the massive event’s keynote speaker.

PACT, an affiliate of the Greater Philadelphia Chamber of Commerce, announced Wednesday Michelle Peluso will close the conference’s first day on Nov. 29.

The former CEO of both Gilt and Travelocity will speak to the benefit of disruptions in industries and draw on her extensive executive experience for the conference, which is expected to draw more than 1,000 to the Sheraton Downtown Philadelphia Hotel and Crystal Tea Room.

“What I’m looking forward to hearing most is really how her career has evolved to where it is today and what is that entrepreneurial spirit she started with that launched her to various successes,” said Sean Denham, the office managing partner of Grant Thornton and chairman of IMPACT 2016.

Click here to read the full article.

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IntegriChain Adds Philadelphia Tech Veteran Geoffrey Young as Vice President of Engineering

Friday, September 16th, 2016

Former CloudMine and Monetate Engineering Head to Lead Development for Leading Life Sciences Channel Data and Analytics Cloud Platform

Philadelphia, PA, September 6, 2016 – IntegriChain, a rapidly growing healthcare technology company focused on channel management for life sciences suppliers, today announced that Geoffrey Young, a Greater Philadelphia tech veteran, will join IntegriChain’s leadership team as Vice President, Engineering. Young delivers more than 20 years of experience in software engineering in both large organizations and fast-growing young technology leaders including engineering leadership at CloudMine and Monetate. At IntegriChain, he will be responsible for leading the company’s Applications Products and Data Products development teams and for driving the development of new products and features.

Click here to read the full press details.

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