Aspen Avionics Completes $8.5 Million Series B Financing

Albuquerque, NM (PRWEB) July 23, 2007

Aspen Avionics (http://www.aspenavionics.com) announced today the closing of an $ 8.5 million round of venture financing led by Wasatch Venture Fund and joined by Sun Mountain Capital. In this Series B round, all of Aspens original investors matched or increased the size of their original investments, and Sun Mountain came in as a new investor.

"We are extremely pleased by the confidence our investors have shown in Aspens strategy and progress," said John Uczekaj, Aspen Avionics President and CEO. As we showcase our major new product introduction at EAA AirVenture in Oshkosh, this round of funding ensures that Aspen has the resources to continue to build a major avionics company, delivering state-of-the-art products and world-class support to our customers.

In a related move, Stephanie Spong, a principal of Wasatch Venture Fund, will take a seat on Aspens Board of Directors.

"We are delighted to welcome Stephanie Spong to our Board," said Uczekaj.

Aspen closed its Series A venture round in December 2005, with investments by Granite Ventures, Fort Washington Investment Advisors, vSpring Capital and Wasatch Venture Fund.

About Aspen Avionics, Inc.

Aspen Avionics (http://www.aspenavionics.com) specializes in bringing the most advanced technology and capability from the commercial and business aviation markets into general aviation cockpitsand budgets. Our products increase situational awareness and reduce pilot workload, making it even easier and safer to fly in both VFR and IFR conditions. The way we look at it, getting the latest avionics technology shouldnt always mean spending a lot of moneyon equipment or installation. At Aspen Avionics, we design products to be affordable, easy to install, and easy to own. The company can be found on the web at http://www.aspenavionics.com or may be reached at (505) 856-5034.

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Perfect Market Raises $9 Million in New Financing

Pasadena, CA (Vocus/PRWEB) January 18, 2011

Perfect Market, Inc. (http://www.perfectmarket.com), a leading provider of traffic and content optimization solutions for web publishers, has completed a $ 9 million financing round led by Comcast Interactive Capital. Existing investors Idealab, Rustic Canyon Partners, Tribune Company and Trinity Ventures also participated in this financing round.

Perfect Market, headed by CEO Julie Schoenfeld, enables branded publishers to compete in the online economy by creating value from their content. The company was originally formed by Idealab in 2007 and now counts Los Angeles Times, San Francisco Chronicle, and Orlando Sentinel as major customers.

Perfect Market has developed a number of patented technologies that help customers unlock the value of their assets through programs that include traffic generation, content optimization, and improved packaging that all combine to yield improved monetization. The company helps publishers make more money by driving incremental traffic to content that has been 'Perfect Market' optimized.

Perfect Market continues to pioneer online revenue growth strategies for the nations premier publishing brands, Schoenfeld said. The substantial support weve received from investors to date affirms Perfect Markets mission as we satisfy a gap in finding new monetization opportunities for leading web properties in the ever-expanding online advertising marketplace.

Perfect Market has a unique proposition in unlocking value in content from web publishers. Im excited to work with this seasoned management team and impressed by the results that Perfect Market has achieved with its roster of blue chip publishers, said David Horowitz, Managing Director of Comcast Interactive Capital who will join Perfect Markets Board of Directors.

About Perfect Market, Inc.

Perfect Market works with professional publishers to create distribute and monetize content more effectively online. Perfect Markets patented solutions helps publishers, including San Francisco Chronicle, Orlando Sentinel and Chicago Tribune serve readers with exactly what they are looking for in online content. By delivering the right content in the right format to the right user with the right relevancy, Perfect Market has significantly increased the revenue for its publishing partners. Perfect Market is headquartered in Pasadena, CA with offices in New York.

Resources:

*About Perfect Market (@perfectmarket): http://www.perfectmarket.com

*About Comcast Interactive Capital: http://www.civentures.com/

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Centice Corporation Closes on $6.1 Million Series C Financing - Funds to Support Commercialization of Innovative PASS Rx

Morrisville, NC (PRWEB) October 21, 2009

Centice Corporation, a pioneer in drug verification and safety products, announced today the successful completion of a $ 6.1 million Series C financing from its existing investors along with a new investor, Fulcrum Financial Group, LP. The funds will be used to support ongoing commercialization efforts for Centice's innovative PASS Rx prescription verification product for the retail and hospital outpatient pharmacy marketplace. Along with Fulcrum Financial Group, L.P., existing investors participating in the $ 6.1 million financing include The Aurora Funds, Inc., S-Group Direct Investments Ltd., Innovation Ventures LP and several individuals.

"We are pleased to have received the new funds. This shows the continued support of our current investors. We are also very excited about the addition of Fulcrum Financial Group to our investor base and we look forward to working with them", said Scott Albert, CEO and Chairman of the Centice Board of Directors. "Release 3.0 of our PASS Rx system will be out in the near term and these funds will allow us to appropriately position, market and sell the product to pharmacies nationwide", he added.

Increased script volume, fewer resources and manual subjective verification methodologies can unfortunately result in a greater risk of medication errors in the pharmacy. PASS Rx is the first and only product that utilizes patented spectroscopy and machine vision sensor technologies to confirm the accuracy of a pharmacy's dispensed solid dose medications in a matter of seconds. Centice technologies have additional applicability beyond just the verification of solid medications in the pharmacy, and the company has plans to develop future products for solid drug identification, liquid medication verification and counterfeit drug detection.

About Centice Corporation

Centice, founded in 2004 and headquartered in Morrisville, NC, is commercializing patented and patent-pending computational sensor and machine vision technology. The PASS Rx