Othera News

News

 

Portfolio Companies in the News 2010

Portfolio Company Press Release -Thermacore, Inc. Reaches 40-Year MIlestone (February 2, 2010)

Portfolio Companies in the News 2009

Portfolio Company Press Release -Thermacore names new Board Member (June 23, 2009)

Portfolio Company Press Release -NewSpring Capital Portfolio Company CFO recognized as NJTC CFO of The Year (June 16, 2009)

Portfolio Company Press Release -NewSpring Capital and Portfolio Company CEOs and Partner Recognized as E&Y Entrepreneur of the Year Award Regional Finalists (June 11, 2009)

Portfolio Company Press Release -ProfitPoint Inc. Acquires Merchant Portfolio From ePayment Consultants (ePC) (March 20, 2009)

Portfolio Company Press Release -Core Essence Receives FDA Approval for SECURUSTM, an Innovative Knotless Suture Anchor System (April 8, 2009)

Portfolio Company Press Release -Core Essence Orthopaedics names John C. Moran Chairman of the Board (April 7, 2009)

Portfolio Company Press Release - Othera Announces Positive Interim Phase 2 Results of OT-551 Eye Drop Treatment for Dry AMD (April 8, 2009)

2010

NewSpring Capital Partner Announces Investment in Southeast Directional Drilling LLC.

2009

NewSpring Capital Partner Announces Follow-On Investment in iPipeline (December 15, 2009)

NewSpring Capital Partner Recognized as E&Y Entrepreneur of the Year Award Winner (December 10, 2009)

NewSpring Capital Announces Mezzanine Investment in Fastech integrated Solutions, LLC (December 4, 2009)

NewSpring Capital Adds Charles Tedeschii as Director of Investor Relations (November 20, 2009)

Former President of Health Care Services at CVS Caremark elected Chairman of the Board at Songbird Hearing (August 18, 2009)

NewSpring Partner Wins Regional Ernst & Young Entrepreneur of the Year Award (July 14, 2009)

NewSpring Capital Adds Gregory Barger to Bolster Mezzanine Team (June 15, 2009)

Barr Pharmaceuticals' Bruce L. Downey to Join NewSpring Capital (March 11, 2009)

NewSpring Capital Announces Mezzanine Investment in IDC Westinghouse (February 2, 2009)

2008

NewSpring Capital Announces Successful Exit of TMG Health (November 13, 2008)

NewSpring Capital announces investment in iPipeline, (September 12, 2008)

NewSpring Capital leads $12 Million Growth Financing in The FeedRoom, (September 2, 2008)

NewSpring Capital announces investment in Nitrosecurity, Inc. and the acquisition of Rippletech, Inc.(August 13, 2008)

NewSpring Capital announces investment in Thermacore, Inc. (July 9, 2008)

NewSpring Capital leads equity investment in Core Essence Orthopaedics, Inc. (June 30, 2008)

NewSpring Capital announces its investment in Climax Manufacturing Company (June 17, 2008)

NewSpring Capital announces the Recapitalization of Precyse Solutions(May 30, 2008)

NewSpring Capital is pleased to announce promotions and new hires (April 29, 2008)

NewSpring Announces Investment in York Telecom corporation (April 21, 2008)

NewSpring Announces Investment in Smart Destinations, Inc. (February 21, 2008)

NewSpring Capital Leads $4mm Investment in Bluenog Corp (February12, 2008)

NewSpring Capital Announces a Follow-on Investment in a $50mm Equity Financing for EKR Therapeutics, Inc. (March 17, 2008)

NewSpring Capital Closes 2007 with New Investment in Media Market Group (January 29, 2008)

AppTec Laboratory Services, Inc., a NewSpring Ventures and NewSpring Healthcare Portfolio Company, Sold to WuXi PharmaTech (January 9, 2008)

Scandius Biomedical, Inc. Sold To Covidien, Ltd.
(January 4, 2008))

2007

LiquidHub Partners with NewSpring Capital to Fund Growth
(September 25, 2007)

NewSpring Mezzanine Capital Announces Its Investment in National Manufacturing
(September 18, 2007)

EKR Therapeutics, Inc. Concludes $13 million Series C Round
and Acquires Licensing Rights of DepoDur from Pacira
(August 31, 2007)

ProfitPoint Purchases Over 12,000 Locations in Gift Card Portfolio
Deal (August 15, 2007)

NewSpring Leads Recapitalizaton of Songbird Hearing, Inc.
(July 30, 2007)

Record Growth Continues for TMG Health (July 9, 2007)

NewSpring Mezzanine Capital Announces Its Investment in V12 Group (June 29, 2007)

CyberShift Named to Hottest Companies of 2007 by START-IT Magazine (May 22, 2007)

Michael DiPiano Hosts KYW Newsradio Private Equity Panel (March 28, 2007)

NewSpring Mezzanine Capital Announces Its Investment in Faxitron X-ray Corporation (March 20, 2007)

NewSpring Capital Leads $6mm investment in ProfitPoint (March 8, 2007)

Newspring Ventures. L.P. Recognizes Another Success Story (March 1, 2007)

2006

RedPath Integrated Pathology, Inc. Concludes Series A Round with $6.5 Million in Venture Capital (December 18, 2006)

NewSpring Capital Portfolio Companies Honored by the Eastern Technology Council (December 5, 2006)

Ernst & Young Venture Capital Award of Excellence Goes to Nutrisystem, Inc. CEO (December 1, 2006)

Steven Hobman Named to Advisory Board of Penn State University's Great Valley Campus (November 20, 2006)

NewSpring Mezzanine Speaks at Capital Roundtable Events (November 15, 2006)

Four NewSpring Capital Portfolio Companies Named to Deloitte Technology Fast 50 (October 30, 2006)

NewSpring Capital Announces an Investment in Habit Opco, Inc. (October 27, 2006)

Nutrisystem, Inc. CEO Named "Entrepreneur of the Year" by Forbes Magazine. (October 18, 2006)

Zev Scherl Named as Honorary Chair of Early Stage East's Bio-Life-Tech Conference (October 16, 2006)

NewSpring Capital Announces Ecount and TMG Health Named to Philadelphia 100 List (October 10, 2006)

NewSpring Capital Portfolio Companies Honored at 2006 Mid-Atlantic Venture Conference (October 2006)

NewSpring Capital Leads Initial Closing of Series A Financing for RedPath Integrated Pathology, Inc. (September 26, 2006)

NewSpring Mezzanine Capital Announces Its Investment in Alfred Angelo, Inc. (September 22, 2006)

NewSpring Capital Backs Founder of ESP Pharma in Specialty Pharma Company - EKR Therapeutics, Inc. (June 28, 2006)

Othera Pharmaceuticals Elects Katherine Crothall and Bruce Peacock to Board (May 3, 2006)

NewSpring Mezzanine Capital, L.P. Announces Its Investment In Internet Fitness, LLC (April 21, 2006)

Theranox Raises $14M to Develop Gaseous Nitric Oxide for the Treatment of Chronic Wounds (April 10, 2006)

Steven D. Hobman Joins the Board of Directors of the Montgomery County Industrial Development Corporation (April 6, 2006)

RippleTech, Inc. Acquires Incache, LLC (April 5,, 2006)

Othera Pharmaceuticals and the National Eye Institute Collaborate in Dry AMD Study (April 5, 2006)

Fastech Introduces Web-Based Tool for Retail Merchandising Using Mobile Phones and PDAs (April 1, 2006)

RippleTech and Netforcement Join Forces to Provide Professional IT Services and Solutions for System Security and Compliance (March 24, 2006)

Othera Pharmaceuticals Appoints Al Reaves as SVP of Clinical Development (March 22, 2006)

Scandius BioMedical Announces New TriTis Tibial Fixation System for Soft Tissue ACL Reconstruction (February 9, 2006)

NewSpring Capital. Announces The Final Closing of NewSpring Mezzanine Capital, L.P. (February 8, 2006)

NewSpring Capital Newsletter (January 2006)

NewSpring Mezzanine Capital, L.P. Announces Its Investment In The Matworks Company, LLC (January 3, 2006)

2005

NewSpring Mezzanine Capital, L.P. Announces Its Investment In FlagZone, LLC (December 19, 2005)

Othera Pharmaceuticals Initiates Phase 2 Clinical Trial for OT-551 in Cataract Prevention (November 7, 2005)

Fastech Integrated Solutions, LLC Forges Strategic Alliance With Management Science Associates, Inc. To Enhance On-Demand Retail Solutions. (October 14, 2005)

NewSpring Mezzanine Capital, L.P. Announces An Investment In Quest Discovery Services, Inc. (October 11, 2005)

NewSpring Capital Semi-Annual Update Letter (July 2005)

NewSpring Mezzanine Capital, L.P. Assists in Acquisition of Assets from Cotelligent, Inc. by Fastech Integrated Solutions, LLC (August 5, 2005)

Immune Control Raises $11.3 Million to Commence Two Clinical Trials (July 14, 2005)

NutriSystem, Inc. Feature Article in The Philadelphia Inquirer (July 2, 2005)

NutriSystem, Inc. Prices Public Offering (June 2, 2005)

NewSpring Capital Announces An Investment In Continuing Care Rx, Inc. In Conjunction With Thoma Cressey Equity Partners (June 1, 2005)

Othera Pharmaceuticals Announces Results From First Human Phase I Trial For Ot-551 (May 25, 2005)

NutriSystem, Inc. Files Registration Statement for Public Offering (May 3, 2005)

Newspring Mezzanine Capital, L.P. Announces its Second Close & Approval of its SBIC License by the United States Small Business Administration (May 3, 2005)

NewSpring Capital Semi-Annual Update Letter (March 2005)

Marc R. Lederman Named to "40 Under 40" List (March 3, 2005)

Scandius BioMedical Closes $8.0 Million in Series C Financing (February 23, 2005)

NewSpring Capital Leads $11mm Investment in AppTec Laboratory Services (February 7, 2005)

NewSpring Mezzanine Capital, L.P. Announces its First Investment as part of a $3.2 Million Mezzanine Financing for SolomonEdwardsGroup, LLC (January 18, 2005)

Bulova Technologies LLC Closes $6 Million in Mezzanine Capital Financing Led By NewSpring Capital (January 6, 2005)

Prescient and viaLink Complete Merger and Form Publicly Traded Prescient Applied Intelligence (January 3, 2005)

2004

Mezzanine Capital – It Is Not Just For Buyouts And Acquisitions Anymore (New Jersey TechNews article by Marc R. Lederman, December, 2004)

NewSpring Capital Announces First Closing on NewSpring Mezzanine Capital, L.P. (October 20, 2004)

NewSpring Ventures, L.P. Announces Sale of Portfolio Company Innaphase Corporation to Thermo Electron (September 13, 2004)

NewSpring Capital Announces the Addition of Jonathan S. Schwartz to Its Team (April, 2004)

Glenn T. Rieger Joins NewSpring Capital (October 8, 2004)

RecoverCare, LLC Closes $5M in Mezzanine Capital Financing (October 8, 2004)

Sopherion Therapeutics Raises $47M in Series B Funding and Acquires North American Rights to Myocet® (September 6, 2004)

Othera Pharmaceuticals Closes $13Million in Venture Capital Financing (August 19, 2004)

Network Communications Technologies, Inc. Closes $3.5 Million in Equity and Mezzanine Capital Financing Led By NewSpring Ventures (January 28, 2004)

2003

NewSpring Ventures, L.P., announces the addition of Steven D. Hobman to the Team (November 2003)

Technology Crossover Ventures Invests $50 Million in Fiberlink (July 15, 2003)

Private Equity Syndicate Invests in GCA Services Group, Inc. (June 23, 2003)

Fiberlink CEO Receives Award from GPVG (June 2003)

InnaPhase to Purchase Laboratory Automation Operations from Beckman Coulter (May 13, 2003)

CyberShift, Inc. Named to the Technology Winners Circle by the New York New Media Association (April 16, 2003)

Fiberlink's Chief Financial Officer Wins Award (April 1, 2003)