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NIKSUN Virtual NetDetector and Virtual NetVCR Achieve Oracle VM Ready Status

Friday, August 14th, 2015

Princeton, NJ, August 10, 2015 – NIKSUN® today announced that NIKSUN Virtual Appliances have achieved Oracle VM Ready status through Oracle PartnerNetwork (OPN), demonstrating that NIKSUN has tested and supports Virtual NetDetector and Virtual NetVCR on Oracle VM 3.3. As a leader in real-time and forensics-based cyber security and network performance monitoring, NIKSUN is committed to delivering innovative solutions in evolving traditional, virtual and hybrid environments.

Click here to read the full press release.

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Newest Science Center Residents Are Developing Technologies to 3D Print Organs and Diagnose and Treat Cancer

Friday, August 14th, 2015

PHILADELPHIA–(August 10, 2015) – From 3D bioprinters to liquid biopsies, the five newest residents of the University City Science Center’s Port business incubator are reimagining healthcare.

Biobots is the future of regenerative medicine that is personalized – a high-resolution desktop 3D bioprinter that builds functional three-dimensional living tissue. This low-cost, desktop bioprinter gives big and small companies or institutions such as university research labs, a chance to develop 3D organ models with human cells in their own lab.

Headquartered in London with an office in Boston, Freenome is establishing a satellite office in Philadelphia. The early-stage company is developing an efficient, accurate and cost-effective “liquid biopsy” method of the future. The Freenome diagnosis platform utilizes the power of next-generation sequencing to provide non-invasive, accurate and early detection of cancer – from 1 milliliter of blood.

Click here to read the full press details.

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MobileLeads LLC, releases new animation video release of the MLeads- Comprehensive platform for Lead and Event management to grow your business opportunity

Friday, August 14th, 2015

August 11 2015- PHILADELPHIA— MobileLeads LLC (MLeads), a Lansdale, PA based company introduces a new animation video, a 2 minutes animated ‘explainer’ that tells the story of how can a comprehensive platform for lead management automation and event management help you to grow your business.

Click here to read the full press details.

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August Member Spotlight: Legal Science, LLC

Wednesday, August 5th, 2015

Connect with this month’s PACT Spotlighted Company.

Legal Science, LLC

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Migrating to LeanFT? Know your Costs, Challenges and Options

Wednesday, August 5th, 2015

Written by PACT Member and the Cover Story Author for August 2015, Gallop Solutions

Since June 2015, precisely after the mega HP Discover at Las Vegas, Twitter feeds & Google search results started getting abuzz with information about HP’s latest innovation – HP Lean Functional Testing (LeanFT). Lean Functional Testing is a powerful, lightweight, developer-oriented testing tool built specifically for continuous testing and continuous integration. With Agile and DevOps practices at the forefront, it demands a constant shift-left/right approach in the software development life cycle. Global enterprises using HP Unified Functional Testing (UFT) see enormous benefits in migrating over to LeanFT, especially because LeanFT aligns perfectly with enterprises’ Agile & DevOps journey.

It thus becomes imperative to understand and evaluate what it takes to migrate to LeanFT – the associated costs, challenges and options available.

Click here to read the full article.

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Why Philly’s Innovation Boom Gives Techies New Opportunities

Wednesday, August 5th, 2015

LiquidHub CEO: Philly is ripe for tech growth.

News article on PACT Chairman, Jonathan Brassington (CEO of LiquidHub)

When you think of technology hubs, Silicon Valley and a few other regions come to mind, but Philadelphia may not rise to the top of your list. However, it’s no secret to those of us in tech that the region is not only tech-friendly, but also provides a great atmosphere to build a business. As Philadelphia continues to develop economically, new opportunities are opening up for a burgeoning Philadelphia-based technology industry. These changes, combined with a strong presence of talent and resources, are creating an attractive commercial ecosystem ripe for technology, innovation and growth. Now is the perfect time for tech companies to establish themselves in Philadelphia and capitalize on this region’s success.

Click here to read the full article.

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BPM-D ELECTED AS ONE OF THE MOST PROMISING ENTERPRISE ARCHITECTURE SOLUTION PROVIDERS 2015

Wednesday, August 5th, 2015

BPM-D announced today that CIO Review named the company, which provides consulting, coaching and education services, as one of the most important players in the field of Enterprise Architecture solution
providers.

Click here to read the full press details.

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News from Fairmount Partners

Wednesday, August 5th, 2015

Fairmount Partners is an independent investment banking firm focused on serving the needs of middle market and emerging growth companies. We provide a complete range of investment banking and capital advisory services for our clients including merger and acquisition advisory, financing advisory, fairness opinions and valuations and strategic corporate development advisory services.

• In June, Jason Levy joined as an Analyst. Prior to joining Fairmount, Mr. Levy worked at Ernst & Young in their Transaction Advisory Services practice. In this capacity, he performed valuation of business enterprises, intangible assets, and equity and debt interests in connection with acquisitions, bankruptcies, litigation, strategic alliances, and divestitures. Mr. Levy earned his B.S. in Finance, with distinction, from the Pennsylvania State University.

• In July, David Peslak joined as an Associate. Prior to joining Fairmount, Mr. Peslak worked as an Analyst at C.W. Downer, an independent, global investment bank, where he specialized in sell-side and buy-side merger & acquisition services for middle-market companies across a variety of industries. Mr. Peslak began his career in the Technology and Communications Group at KPMG Corporate Finance. Mr. Peslak earned his B.S. in Finance, with a minor in International Business, Highest Distinction, from the Schreyer Honors College at The Pennsylvania State University. David completed his honors coursework in Finance and International Business.

Click here to read the full press details.

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Zynerba Pharmaceuticals Announces Pricing of Its Initial Public Offering

Wednesday, August 5th, 2015

DEVON, Pa., Aug. 4, 2015 (GLOBE NEWSWIRE) — Zynerba Pharmaceuticals, Inc., announced today the pricing of its initial public offering of 3 million shares of common stock at a public offering price of $14.00 per share, before underwriting discounts. All of the shares in the offering are being sold by Zynerba. In addition, Zynerba has granted the underwriters an option to purchase up to 450,000 additional shares of common stock at the public offering price, less the underwriting discount. Zynerba’s common stock has been approved for listing on the NASDAQ Global Market and is expected to begin trading under the symbol “ZYNE” on August 5, 2015.

Click here to read the full press release.

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Meet the IMPACT 2015 “Lion’s Den”

Thursday, July 23rd, 2015

Jonathan Brassington
is the chief executive officer, co-founder, partner and member of the board of directors at LiquidHub, a digital integrator that partners with businesses to improve customer engagement and drive growth. Bringing more than 15 years of technology and innovation experience to his role, Brassington has led LiquidHub to be consistently recognized as one of the fastest-growing companies in the greater Philadelphia and mid-Atlantic region. Prior to the establishment of LiquidHub, Brassington was a partner at Broadreach Consulting, an Internet professional services firm. He is an avid technology strategist and speaker as well as an early stage investor in a variety of technology driven businesses. Brassington is a leader in digital customer engagement and has previously worked as an expert source with The Wall Street Journal, The Philadelphia Inquirer, SmartCEO, and SmartBusiness. Brassington has a bachelor’s degree in computer science and mathematics from Misericordia University and a master’s degree in telecommunications and operations from the University of Pennsylvania.

Walter (Buck) Buckley
is the co-founder, chief executive officer, and chairman of the board of Actua (formerly ICG and Internet Capital Group), a multi-vertical cloud company. Walter founded Internet Capital Group in 1996 and prior to that he was vice president of acquisitions for Safeguard Scientifics, Inc., where he led many of Safeguard’s investments through the mid-1990s, including Diamond Technology, ChromoVision and Video Server. He was also responsible for developing and executing Safeguard’s multimedia and Internet investment strategies. Before Safeguard, Walter was president and co-founder of Centralized Management Systems, Inc., a medical supply company which he sold in 1987. Previously he spent three years at CoreStates in the commercial lending group. Walter received his bachelor’s degree in political science from the University of North Carolina at Chapel Hill.

Dr. Robert Corrato
is a co-founder and managing partner of Devon Hill Capital Partners (DHCP), a diversified healthcare investment firm with a focus on content and technology enabled healthcare service companies. Prior to founding DHCP, Dr. Corrato was the founder, chairman and president and CEO of Executive Health Resources (EHR). His leadership was instrumental in positioning EHR at the forefront of the healthcare compliance industry. Dr. Corrato has amassed extensive knowledge and expertise in all facets of the healthcare service industry. In particular, he has had great success leveraging sophisticated content and enterprise technology to enable healthcare services nationally. Prior to founding EHR, Dr. Corrato held the post of deputy director of the Office of Health Policy and Clinical Outcomes at Thomas Jefferson University in Philadelphia. Dr. Corrato earned his master of business administration degree from the Wharton School of Business at the University of Pennsylvania and received his medical degree from the Medical College of Pennsylvania.

Michael Hagan
is president and chief executive officer of LifeShield, the nation’s first professional grade and professionally monitored wireless security system and home protection provider. Prior to joining LifeShield, Hagan served as chief executive officer and chairman of the board of Nutrisystem, Inc. from 2002 to 2008. Hagan led a team that turned around a struggling $27 million weight loss company and transformed it into a leading weight loss provider, reaching $778 million in sales by 2007. Previously, Hagan co-founded Verticalnet, Inc., a technology firm that provides supply management software and also created and managed industry specific “vertical” marketplaces. Prior to founding Verticalnet, he served as a vice president and senior manager at Merrill Lynch Asset Management from 1990 to 1995. Hagan currently serves as a director at Internet Capital Group, Inc. He received his bachelor’s degree from St. Joseph’s University and was formerly a Certified Public Accountant.

Michael Wells
is a managing director at Princeton Biopharma Capital Partners, LLC, a boutique private equity firm focused on providing growth capital and operating expertise to commercial stage healthcare companies. He is a veteran of the pharmaceutical industry with extensive expertise in licensing and commercialization of prescription pharmaceuticals around the world. Prior to forming Princeton Biopharma Capital, LLC, he was the founder and CEO of Aton Pharma, Inc., a specialty pharmaceutical company with products that treated orphan diseases. In 2010 the company was sold to Valeant Pharmaceuticals International for $330 million. In 2009 Michael was a winner of the Ernst & Young Entrepreneur of the Year Award. Prior to forming Aton, Michael co-founded Lathian Systems Inc., a venture-backed company that provides online data and marketing services to pharmaceutical and biotech companies. His career began at Merck & Co. Inc., where he held positions ranging from hospital sales to brand management. He holds a B.S. and M.S. from the University of Pittsburgh and an MBA from The Wharton School.

If you are interested in entering the “Lion’s Den”, please apply to be an IMPACT 2015 featured company.

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