NIKSUN Unveils LogWave, a Next-generation Security Information and Event Management Platform

Princeton, NJ, June 12th, 2019 – NIKSUN Inc., the world leader in developing holistic cybersecurity and network performance monitoring solutions, is pleased toannounce today that its highly anticipated Security Information and Event Management (SIEM) solution, NIKSUN LogWave, is now available.

NIKSUN LogWave is an advanced log and event analytics engine that provides real-time analysis of security alerts generated by applications or services. It ingests hundreds of log and event types into the NIKSUN Network Knowledge Warehouse (NKW), and quickly retrieves them, for powerful and reliable root-cause analytics while satisfying compliance requirements for log retention.

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Duane Morris to Host PACT Capital Conference 2019

The 26th Annual Program will take place September 26 at XFINITY Live!

PHILADELPHIA, June 12, 2019: Philadelphia Alliance for Capital and Technologies (PACT) proudly announces Duane Morris LLP as host of the PACT Capital Conference 2019, and welcomes Duane Morris partners Sandra G. Stoneman and Richard L. Cohen as conference co-chairs.

PACT will offer a full day of content, speakers, networking and company pitches. Whether attendees are seeking capital, customers or connections, the opportunities to achieve this happen at the PACT Capital Conference on September 26.

“We are delighted to co-chair this preeminent conference that attracts entrepreneurs and investors from the greater Philadelphia area and the Northeast corridor,” said Stoneman. “The PACT Capital Conference brings together more than 1,000 people who are driving innovation and entrepreneurship throughout our region, and we’re thrilled to do our part to make that happen,” added Cohen.

About the Co-Chairs
Sandra Stoneman represents entrepreneurs, businesses and investors within the life sciences, med tech and digital health sectors in mergers and acquisitions, venture capital financings and other strategic transactions. She also advises high-growth companies within these industries in transactional and governance matters from formation through exit, including founder and other stakeholder relationships, collaborations, licensing and partnering transactions, research and clinical trial agreements and other important commercial and operational arrangements. Stoneman is a team lead for the Duane Morris Life Sciences industry group and is co-chair of the Emerging Companies group. Stoneman is a graduate of Temple University School of Law and received her undergraduate degree from the State University of New York at Binghamton.  

Richard L. Cohen concentrates his practice in the areas of venture capital/emerging companies, mergers and acquisitions, securities, private equity, general corporate law and business counseling. His client base includes a broad range of business entities, both public and private, including biotechnology and technology companies, venture capital firms, insurance companies, telecommunications companies, energy companies, and manufacturing companies. He is a team lead for the Duane Morris Insurance industry group and is co-chair of the Emerging Companies group. He is a graduate of New York University School of Law and received his undergraduate degree from The Wharton School of the University of Pennsylvania.

About the PACT Capital Conference
Each year, the PACT Capital Conference connects the region’s best and brightest entrepreneurs to investors. But this program is something more. It will showcase mature companies from the Philadelphia region along with pitch sessions from international, university, and social impact entrepreneurs. It boils down to more capital opportunities for entrepreneurs and more potential investments for investors.

Before celebrating at the Gala Reception directly following, the conference will conclude with the fifth installment of the Lion’s Den, in which select companies will present to a panel of distinguished angel investors looking to write a check and power entrepreneurial ventures. Last year’s Lion’s Den resulted in more than $850K distributed in aggregate.

The PACT Capital Conference has a long tradition of uniting key players from the private equity, venture capital, and entrepreneurial communities. This day-and-a-half event offers both sponsors and attendees access to emerging companies from the Mid-Atlantic region, networking opportunities with the movers and shakers from the community, and educational panels and content sessions. As the oldest and most established venture conference in the Northeast, this conference draws more than 1,000 participants each year. It stands as the catalyst for billions of dollars in venture funding and entrepreneurial success. www.pactcapconf.com


For the latest information, visit our website: www.pactcapconf.com, Linkedin, Twitter (@PhilaPACT), and Facebook.

About Philadelphia Alliance for Capital and Technologies (PACT)
PACT’s vision is to be the go-to resource for fast growing companies, and a driver of entrepreneurship and innovation in the Philadelphia region. PACT provides its members with valuable content and connections to capital, coaching, and customers that will accelerate their growth and success, and to collaborate with other organizations to drive innovation and entrepreneurship in the region. www.philadelphiapact.com

About Duane Morris

Duane Morris LLP provides innovative solutions to today’s multifaceted legal and business challenges through the collegial and collaborative culture of its more than 800 attorneys in offices across the United States and internationally. The firm represents a broad array of clients, spanning all major practices and industries.

Media Contact:

Amanda Nardi Di Filippo

609-790-6206

[email protected]

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Investor Dinner

Wednesday, June 19, 2019
6 – 8:30 p.m.
Davio’s King of Prussia 
200 Main Street 
King of Prussia, PA 19406

Register here: http://web.philadelphiapact.com/events/Investor-Dinner-73/details

Join PACT and colleagues at our next investor-only dinner, featuring an informal panel of LP’s and GP’s discussing fundraising and investor relationship dynamics. 

Panelists will include:

Narayan Chowdhury
Partner, Franklin Park

Howard Fischer
Founder and CEO, Howard Fischer Associates

Adam Fischer
Managing Partner, Howard Fischer Associates

Medtech Series

Thursday, June 20, 2019
8:30 – 10:30 a.m.
Corporate Campus, Formerly GSK 
411 Swedeland Road 
King of Prussia, PA 19406

Register here: https://web.philadelphiapact.com/events/Medtech-Series-Funding-for-Medtech-Companies-82/details

Join us as we discuss trends and challenges in Medtech funding.


PANELISTS:

Jeff O’DonnellPresident and CEO, Trice Medical
Nicholas PachudaGlobal Vice President, External Innovation and Enabling Technologies at Johnson & Johnson
David Yonce, Vice President of Innovation and R&D Strategy, DSM Biomedical

PACT Capital Conference 2019

Thursday, September 26, 2019
7:30 AM – 9:00 PM 
XFinity Live 
1100 Pattison Avenue 
Philadelphia, PA 19146

We welcome our new Hosts Duane Morris and Co-chairs Sandra G. Stoneman, Partner and Richard L. Cohen, Partner

Check our website for the latest news, announcements and information on Capital Conference 2019 pactcapconf.com

Dress Code: Business Casual

HOST AN ENTREPRENEUR
PACT is working to reduce barriers to entry for qualified entrepreneurs who otherwise would not be able to afford registration fees. If you or your company would like to sponsor a single or group of entrepreneur attendees, please email Danielle Pinto. Significant discounts are availble when you purchase 5 or more entrepreneur tickets.

JP Morgan buys health-care payments firm InstaMed in the bank’s biggest acquisition since the financial crisis

Written by Hugh Son, CNBC

J.P. Morgan Chase is buying medical payments technology firm InstaMed to push more deeply into the $3.5 trillion market for U.S. health-care spending.

The bank agreed on Friday to purchase the Philadelphia-based company of about 300 employees that processed $94 billion in transactions last year, according to the two companies.

J.P. Morgan is paying more than $500 million for the business, making it the lender’s largest takeover since buying Bear Stearns and the bank assets of Washington Mutual in 2008, according to people with knowledge of the situation.

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PACT Recognizes Technology and Healthcare Innovation and Leaders in the Philadelphia Region at the 2019 Enterprise Awards

Philadelphia, PA., May 13, 2019 PACT, the Philadelphia Alliance for Capital and Technologies, celebrated the Philadelphia region’s technology and healthcare innovators and leaders tonight at the 2019 PACT Enterprise Awards. The sold-out event recognized 29 outstanding individuals and organizations through nine competitive categories, as well as the Legend Award Honoree (Howard Ross, LLR Partners) and Digital Innovation Honoree (SEI).

“The Enterprise Awards continues to be the region’s most prestigious business awards program for technology and healthcare companies, leaders and entrepreneurs,” said Dianne Strunk, Vice President, PACT.  “We are so proud to award our local investors, entrepreneurs and businesses who are transforming healthcare, technology and their related fields worldwide.”

Judges sorted through more than 500 award submissions to select the 2019 Enterprise Awards winners:

In addition to the competitive award categories, PACT recognized Howard Ross of LLR Partners as the Legend Award Honoree for his impact on Philadelphia’s entrepreneurial and capital ecosystem throughout his career.  In 1999, Howard co-founded LLR Partners, a middle market private equity firm committed to creating long-term value by growing its portfolio companies.  Howard is currently a member of the Board of Directors of Agility Recovery Solutions, Key2Act, Numotion, Rapid Ratings and Rizing.

PACT also recognized SEI as the Digital Innovation award honoree for the launch of SEI Trade.  The web-based solution digitizes and streamlines the end-to-end processing of investor transactions and onboarding, while facilitating the review, approval, tracking and delivery of subscription documentation and investor data.

About Philadelphia Alliance for Capital and Technologies (PACT)

PACT’s vision is to be the go-to resource for fast growing companies, and a driver of entrepreneurship and innovation in the Philadelphia region. PACT provides its members with valuable content and connections to capital, coaching, and customers that will accelerate their growth and success, and to collaborate with other organizations to drive innovation and entrepreneurship in the region.  Please visit www.PhiladelphiaPACT.com for more information.

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Media Contact:

Kevin Jurrens

Broadpath

(215) 644-6504

[email protected]

DSA Awarded Multiple JE-OPETS Task Orders

Trevose, PA – Data Systems Analysts, Inc. (DSA) was awarded two Joint Enterprise-Omnibus Program, Engineering, and Technical Support (JE-OPETS) Business and Analytical and Information Technology Task Orders by the Joint Program Executive Office for Chemical, Biological, Radiological, and Nuclear Defense (JPEO-CBRND).

JPEO-CBRND manages a diverse portfolio of critical warfighting capabilities that require cohesive and innovative total life cycle systems management approaches to respond rapidly to the needs of the Force, balanced by affordable sustainment strategies. Under these task orders, DSA will provide JPEO-CBRND and associated Joint Project Management Offices (JPMOs) cost and business analysis, training, operations research and data analysis, cyber support, network engineering, specialized software support and IT subject matter expertise across the JPEO-CBRND Enterprise within the Continental United States (CONUS).

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