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Portfolio Company Press Releases 2003
NEWTON, Mass. (December 30, 2003)
Industry Leader P&H Celebrates 20 Years
P&H, the industry leader in web-based corporate banking systems, is celebrating its 20th anniversary. With its Web Cash Manager Suite, P&H has the most functionally complete corporate banking solution in the industry, and is currently in production with over 100 financial institutions.
Lebanon, N.H - VentureWire - December 9, 2003
GlycoFi Raises $10 M Series C
GlycoFi raised $10 million in a series C round. Investors included lead Fletcher Spaght Ventures, Borealis Ventures; Boston Millennia Partners; Polaris Ventures; Schroder Ventures Life Sciences; and Village Ventures. Robert Mashal, partner at Boston Millennia Partners, will join GlycoFi's board.
Boston, MA - December 5, 2003
Nexidia Completes $7.5 M Series C
Boston Millennia Partners is pleased to announce its recent investment in the $7.5 million Series C financing of Nexidia, Inc., the developer of the world's most advanced and accurate solutions for audio-video searching and intelligent mining.
Cumberland, RI - (BUSINESS WIRE) - December 3, 2003
Collegium Pharmaceutical Signs Agreement with Endo Pharmaceuticals to Develop Abuse Deterrent Pain Products
Collegium Pharmaceutical, Inc. has entered into a Product Development and Licensing Agreement with Endo Pharmaceuticals Inc., aimed at developing pain products with abuse deterrent properties.
Boston, Massachusetts - December 3, 2003
Boston Millennia Partners Invests in Protein Forest, Inc.
Boston Millennia Partners is pleased to announce its recent investment in Protein Forest, Inc. Protein Forest is a life science company developing and marketing consumable microchips, instruments and software products based on its proprietary digital ProteomeChip™ technology.
BOSTON, MA - November 25, 2003
Boston Millennia Partners Invests in CardioMEMS, Inc.
Boston Millennia Partners is pleased to announce its recent investment in CardioMEMS, Inc. CardioMEMS is a developer of innovative wireless medical devices for the management of Abdominal Aortic Aneurysm (AAA) and Congestive Heart Failure (CHF).
Scottsdale, Arizona - November 12, 2003
eFunds Corporation Completes Acquisition of Oasis Technology
eFunds Corporation (Nasdaq: EFDS), a leading provider of risk management, electronic payments, ATM and global outsourcing solutions, announced today it has completed its acquisition of the assets of Oasis Technology, LTD.
ATLANTA -- November 11, 2003
NETIFICE CUSTOMER PFIZER NAMED TO PRESTIGIOUS INFOWORLD 100 Recognized for Managed Broadband Access Network Deployment
Pfizer was selected for a prestigious list of IT visionaries based on its deployment of a managed broadband access network, which was implemented and managed by Netifice Communications.
Lebanon, NH and Cambridge, MA -- November 10, 2003
GlycoFi Signs Collaboration with Biogen
GlycoFi, Inc. and Biogen, Inc. (NASDAQ: BGEN) announce the initiation of a joint research study to evaluate GlycoFi's Humanized yeastä platform for the production of an undisclosed Biogen protein.
Malvern, PA - November 5, 2003
Entigo Names Charlie Eggerding Vice President of Sales
Entigo Corporation, a leading provider of warranty chain management (WCM) solutions, today announced the appointment of Charlie Eggerding to the position of Vice President of Sales.
Boston, Massachusetts - (Business Wire) – October 29, 2003
Boston Millennia Partners Invests in ArthroSurface
Boston Millennia Partners is pleased to announce its recent investment in ArthroSurface, Inc. ArthroSurface is a medical device company that has developed the CAP™ system for resurfacing articular cartilage, and will enhance Boston Millennia Partner’s portfolio of life science companies.
Cumberland, RI - October 28, 2003
Collegium Pharmaceutical raises Series A funding from Boston Millennia Partners
Collegium Pharmaceutical, Inc raised venture capital from Boston Millennia Partners in its first round of institutional capital.
Charlestown, MA - October 22, 2003
PHT Technology Program Enables Clinical Trial Sponsors to Reduce Costs by 50% or More
PHT Corporation announced today the launch of its Technology Transfer Program that enables sponsors to realize savings of upwards of 50% per ePRO trial.
Palo Alto, CA - October 22, 2003
Coapt Systems Receives CE Mark for ENDOTINE Forehead Fixation Device
Coapt Systems announced it has received European CE Mark for its ENDOTINE Forehead fixation device, which previously received market clearance from the U.S. Food and Drug Association (FDA) in March of this year.
Sterling, VA - October 14, 2003
Deloitte Names Galt to Virginia’s "Technology Fast 50" and North America’s "Technology Fast 500" for Second Year in a Row
Galt Associates, Inc., provider of pharmaceutical drug safety and marketing software and services, has been named to Deloitte’s prestigious “Technology Fast 50” Program for the Virginia area, as well as the North American “Technology Fast 500.”
Philadelphia, PA - October 14, 2003
V-SPAN Selected to Inc. 500 for Third Consecutive Year
V-SPAN, the world's leading provider of unified collaboration services, today announced it has received two prestigious awards. V-SPAN was recognized nationally by Inc. Magazine's 2003 “Inc. 500” and regionally in the Delaware Valley by Deloitte and Touche's “Technology Fast 50.”
Tewksbury, MA - October 13, 2003
Industry Veteran Michael Grandinetti Joins Yantra as Senior Vice President and Chief Marketing Officer
Ynatra Corporation today announced that Michael Grandinetti has joined the company as senior vice president and chief marketing officer.
San Francisco, CA - October 1, 2003
Totality Appoints Craig Brown and Richard Marcus to Board of Directors
Totality Corp., one of the leading providers of customer applications and infrastructure management, today announced that Craig Brown and Richard Marcus have joined its board of directors.
Lebanon, NH – September 24, 2003
GlycoFi Awarded $1M NIH Grant to Aid in the Production of Therapeutic Proteins in Yeast
GlycoFi, Inc. announces the award of a Phase II Small Business Innovation Research (SBIR) grant from the National Institutes of Health.
Malvern, PA - September 22, 2003
Entigo Names John Catlos Vice President Product Development
Entigo Corporation, a leading provider of warranty chain management (WCM) solutions, today announced the appointment of John Catlos to the position of Vice President, Product Development.
NEWTON, Mass. - September, 2003
City National Bank Selects P&H Web Cash Manager 7.0 To Serve Its Business Banking Clients
P&H, the market leader in web-based corporate banking, has announced that City National Bank, with total assets of 12.4 billion, has selected its Web Cash Manager Suite to provide full cash management services to City National's business banking clients.
DANBURY, CONN. - September 8, 2003
Odyssey Logistics & Technology Poised for Expansion; Completes $24.3 Million Private Equity Offering
Odyssey Logistics & Technology Corporation, a provider of outsourced transportation and logistics services to process manufacturers, announced today that it has completed the initial closing of a $24.3 million preferred stock offering.
THE BOSTON GLOBE - September 8, 2003
Fast TalkCommunications, Inc. in The Boston Globe: Competition Fierce for Search Engines that Get to Specifics
Although general Internet search has become an information industry, smaller companies are building businesses selling more focused search programs. These young firms are helping people sift through vast amounts of information in ways that Google and other broad-based Web technologies cannot.
Minneapolis, Minn. - September 3, 2003
Optical Solutions Announces Series III Financing Totaling $15 Million
Optical Solutions Inc., a market leader in fiber-optic broadband solutions for the last mile, today announced the closing of the company’s Series III financing which raised a total of $15 million. Cisco Systems Inc. joined the Series III financing as a new corporate investor.
Nature News Service- August 29, 2003
GlycoFi, Inc. in Nature News Service:
Tillman Gerngross of Dartmouth College, and founder of Glycofi, Inc. in Hanover, New Hampshire, and his coworkers have tweaked yeast cells to attach human sugar molecules to a protein.
Science - August, 2003
GlycoFi, Inc. in The Journal of Science:
Protein-based drugs are hot. Still, biotech and pharmaceutical companies often struggle to turn their proteins into medicines. Now researchers have found what promises to be a cheaper way to produce sugared proteins correctly--with yeast.
LEBANON, NH - August 28, 2003
GlycoFi, Inc. Reports the First Successful Production of a Human Protein with Complex Glycosylation in a Genetically Modified Yeast
A team of scientists at GlycoFi and Dartmouth College report the reengineering of the glycosylation pathway in the yeast Pichia pastoris. Published in the latest issue of Science, these results constitute the first fungal organism to secrete a human glycoprotein with complex human glycosylation.
LIGHT READING - August 19, 2003
CHIPOTLE MEXICAN GRILL, INC. SELECTS NETIFICE TO DEPLOY AND MANAGE BROADBAND NETWORK FOR 250 RESTAURANTS NATIONWIDE
Netifice Communications, Inc., a leading provider of flexible IP Virtual Private Network (VPN) solutions to businesses worldwide, today announced that it has been contracted by Chipotle Mexican Grill to deploy the broadband management of it's Retail Connect service for all of its 250 restaurants.
NEWTON, Mass. - July, 2003
P&H Signs 20 Financial Institutions Over the Past Year
P&H, the leading provider of web-based corporate cash management solutions, announced that it has signed 20 new financial institutions over the past year, despite the slow economy. P&H remains the leader in the corporate banking marketplace.
Malvern, PA - July 16, 2003
Entigo Adds MIT Professor Michael Cusumano to Board
Entigo, a provider of warranty chain management software, said it has added Michael Cusumano, the Sloan Management Review distinguished professor at the MIT Sloan School of Management, to its board of directors.
InformationWeek - JULY 7, 2003
If It's Broke, Fix It: Managing warranties for complex products is increasingly complicated as supply chains stretch out
Managing the warranty process for cars, factory equipment, and other intricate products is complex. Vendors are stepping up their interest in this area. One such company is Entigo Corp., which next week will roll out version 4.0 of Entigo Warranty.
Tewksbury, MA - July 1, 2003
NORTHROP GRUMMAN SELECTS YANTRA AS THE ORDER FULFILLMENT BACKBONE
Yantra Corporation announced that Northrop Grumman Information Technology has selected the company's Synchronized Fulfillment Management Solutions and Business Process Platform as part of a contract for an Advanced Concept Technology Demonstration that will support the U.S. Transportation Command.
LEBANON, NH - July 1st, 2003
GlycoFi Appoints Margaret Worden to Vice President of Clinical Product Development
GlycoFi, Inc. was founded in 2000 with the mission of dramatically improving the capacity and cost of producing human therapeutic proteins, while simultaneously enhancing their efficacy and safety as therapeutics.
Malvern, PA - June 30, 2003
Entigo™ Expands Senior Management Team and Names Dave Pelton Vice President of Product Management and Marketing
Marketing veteran brings twenty-years of expertise to growing warranty chain management leader
ST. LOUIS, MO - June 17, 2003
NuVox Communications Names Greg Truitt Vice President of Direct Sales
NuVox Communications is the integrated communications provider of choice, delivering superior broadband services and customer care to business customers in 30 markets in 13 Southeast and Midwest states.
Princeton, NJ, June 9, 2003
Epigenesis Pharmaceuticals Completes $23 Million Private Financing to Accelerate Development of Respiratory Medicines
EpiGenesis Pharmaceuticals, Inc., a privately held company developing inhaled respiratory medicines for the treatment of asthma and chronic obstructive pulmonary disease (COPD), announced today that it has raised $23 million in financing to advance the Company’s product development efforts.
DEERFIELD, Ill., and LEBANON, NH - May 21, 2003
Baxter and GlycoFi to Collaborate on Development of New Platform for Manufacturing of Human therapeutic Proteins
Baxter Healthcare Corporation and GlycoFi, Inc., announced today a research collaboration under which Baxter will evaluate the potential of using GlycoFi’s fungal expression platform for the production of human therapeutic proteins.
CHARLESTOWN, MA - May 14, 2003
PHT Corporation Signals New Stage Of Growth Appointing Philip Lee As President And Chief Executive Officer
PHT is the market leading electronic patient diary solutions provider for companies that must collect conclusive data to enable successful clinical trials.
SAN FRANCISCO, CA - May 12, 2003
Totality Appoints Industry Veteran Scott Blackwell to Lead Company's Sales Growth
Totality is a leading provider of Application & Infrastructure Management (AIM) services for high performance e-business sites requiring mass customization.
Atlanta, GA -May 5, 2003
Pfizer Moves Broadband Out to Sales Force with Netifice
Pfizer Inc. plans to have about 10,000 of its 13,000 field sales workers hooked up by year's end to either high-speed cable modem or Digital Subscriber Line services -- a project that analysts said would create the largest corporate broadband network built for remote workers thus far.
COMPUTERWORLD - May 5, 2003
Pfizer Moves Broadband Out to Sales Force
Pfizer will have 10,000 of its 13,000 sales workers hooked up by year's end to high-speed cable modem or Digital Subscriber Line services. Pfizer is outsourcing development and management of the broadband network to Netifice Communications Inc.
Boston, MA - April 30, 2003
Yantra Closes Successful Year and Introduces Synchronized Fulfillment Management
Yantra Corporation (www.yantra.com), the leading provider of solutions for Fulfillment Excellence, today announced it recently closed another successful fiscal year, ending March 31st. This marks Yantra's eighth consecutive year of revenue growth.
ATLANTA, GA - April 22, 2003
Netifice Strengthens Sales and Marketing Focus With Addition Of 3 Industry Veterans
Netifice Communications' advanced, "end-to-end" IP Connectivity and Managed-VPN solutions specifically tailored to specific business requirements, delivering real productivity improvements, lower communications costs, and reduced network complexity on a flexible IP infrastructure.
Lebanon, NH - April 15, 2003
GlycoFi Achieves Major Milestone Toward Producing Fully Humanized Protein Therapeutics in Fungal Systems
GlycoFi, Inc. today announced the publication of a major scientific milestone in efforts to produce complex human glycoproteins in high capacity fungal production systems.
TORONTO, CANADA - April 02, 2003
Oasis Technology Appoints New Vice President Of Client Services And Business Development For Europe And Middle East
Oasis is a leading provider of software to enable payments any time, any place, on any device. Since 1989, Oasis has worked with financial institutions, card associations, third-party processors and retailers to build the most secure, reliable and flexible payment infrastructures available.
LONDON and TORONTO - March 13, 2003
Oasis Technology Appoints New General Manager For Europe and The Middle East
Oasis is a leading provider of software to enable payments any time, any place, on any device. Since 1989, Oasis has worked with financial institutions, card associations, third-party processors and retailers to build the most secure, reliable and flexible payment infrastructures available.
MALVERN, PA - March 11, 2003
Entigo™ Appoints Ron Raab as Vice President of Business Development
Entigo’s solutions allow large organizations to automate the adjudication of the warrant claims process. Entigo targets Fortune 500 manufacturers within the aerospace, automotive, heavy manufacturing, medical equipment, transportation, and electronics sectors.
SAN MATEO, CA. - February 3, 2003
FHP Wireless Secures $8.3 Million in Series C Financing
FHP Wireless, Inc., announced today that it has closed its Series C equity financing with a total amount of $8.3 million, bringing the total amount of financing raised to $13.5 million.
Boston, MA -January 27, 2003
Neoworld Communications Acquired by Nextel Communications
January 27, 2003--Boston Millennia Partners, a private equity firm, is pleased to announce the sale of its portfolio company, NeoWorld Communications, Inc., in a $276 million all-cash transaction to Nextel Communications Inc. (NASDAQ: NXTL), a leading wireless communications company.
Newton, MA - January 2003
Politzer & Haney Expands Sales Force in Response to Market Demand
Politzer & Haney, the industry leader in web-based corporate banking systems has expanded its sales force by adding noted industry veterans Fred Macciocchi and John Cosma.
Newton, MA - January 2003
Industry Veteran Paul Savage Joins Politzer & Haney Sales Team
Politzer & Haney announced today that industry veteran Paul Savage has joined P&H as Vice President of Sales for Community and Regional Banks.
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