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If you want your company’s news included in the September 7 edition of imPACT Times, please send your press releases to Dianne Strunk at dstrunk@philadelphiapact.com by August 22.

Allied Pixel
Media, Pa.

reported that client University of Pennsylvania won a bronze Telly award for a video Allied Pixel produced for the Wharton School of Business. The video, the centerpiece of Wharton’s annual appeal for the Wharton Fund, featured six Wharton graduate students at iconic locations on campus explaining how they personally benefit from the generosity of donors. Allied Pixel also handled HD video-streaming services to support a large-scale, global e-blast.
reported that client Crestron Electronics won a bronze Telly award for its corporate overview video. The five-minute video serves as the centerpiece of Crestron’s new, multimillion-dollar Experience Center at its corporate headquarters in Rockleigh, N.J. The video, which was written, directed and produced by Allied Pixel, gives a behind-the-scenes tour of Crestron’s research, engineering, manufacturing and distribution facilities. It was mastered to Blu-ray and plays continuously on the large plasma display in the Grand Pavilion of the Experience Center.

Aptalis Pharma
Bridgewater, N.J.

reported that Aptalis Pharma is now the name of Axcan Intermediate Holdings Inc. The rebranding follows the recently completed combination of two specialty pharma companies focused on gastrointestinal diseases: Axcan and Eurand. Aptalis Pharma also has a new corporate logo and website, www.aptalispharma.com.

BARD HOLDING, INC.
Morrisville, Pa.

reported that CEO and Chairman Dr. Surajit Khanna was featured on the cover of the May 2011 issue of Smart CEO magazine as the leader of one of 10 companies named to the “Circle of Excellence.”

Ben Franklin Technology Partners
of Southeastern Pennsylvania
Philadelphia

approved investments totaling $2,085,000 for 10 early-stage companies: AboutOne, LLC; ClickEquations, Inc.; Essential Medical, LLC; Green Power Technologies, LLC; Kerathin, LLC; Leversense, LLC; QLIDA Diagnostics; Spectrum Devices Corporation; vcopious, LLC; and Versify Solutions, LLC.
signed a Partnership in Industry Agreement with Naval Ship Systems Engineering Station, DVIRC and Philadelphia Industrial Development Corporation to establish programs to support collaboration, development and advancement of new technologies with small businesses, educational institutions, governmental agencies and nonprofit entities; leverage the region’s strengths and capabilities to create an environment supporting the growth of manufacturing and technical companies; establish a regional licensing process for new technologies emerging from the efforts of these partners; and leverage regional educational resources and national educational programs to support future workforce needs for startup and existing businesses in the areas of manufacturing and technology.

Conlin’s Digital Print and Copy Center
King of Prussia, Pa.

was honored with the The Great Valley Regional Chamber of Commerce’s 2011 Small Business of the Year Award. Now in its 31st year, the business has expanded to three locations (Malvern, King of Prussia and Horsham) and has 55 employees.

DDC
Philadelphia

reported that StarCite, a global leader in on-demand meeting management, selected DDC Radar, DDC’s comprehensive suite of SaaS applications for Critical Data Management, to facilitate board communication and improve the management of sensitive corporate documents and information.

Embrella Cardiovascular
Wayne, Pa.

was acquired by Edwards Lifesciences Corporation, a global leader in the science of heart valves and hemodynamic monitoring. Embrella Cardiovascular is developer of the Embrella Embolic Deflector System, which can be used during transcatheter heart valve procedures. The purchase price was approximately $43 million cash.

Edison Ventures
Lawrenceville, N.J.

hired Chris Sklarin as Investment Manager to generate investment opportunities and cultivate relationships with deal referral sources in Ohio and Western Pennsylvania. His areas of focus include mobile, healthcare IT and e-commerce. Sklarin is also a Director of Business Development with BioEnterprise, a Cleveland-area Venture Accelerator, for which he advises Healthcare IT companies on business formation, capital access and growth. Prior to BioEnterprise, he was Director of Business Development with Chrysalis Ventures, for which he opened three Midwest offices. Previously, Sklarin was part of the initial team at JumpStart, a venture development organization and seed investor in Cleveland. He began his career with several software companies in Boston. Sklarin earned an MBA at the Haas School of Business at the University of California at Berkeley and graduated with an SB in Electrical Engineering and Computer Science from the Massachusetts Institute of Technology.

Fairmount Partners
West Conshohocken, Pa.

advised IC Axon, an industry-recognized leader in the design and development of training programs for the healthcare industry, in its merger with Informed Medical Communication, a leading provider of peer-to-peer medical forums, training services and integrated medical communications for the bio-pharmaceutical industry. The specialty investment bank initiated discussions between the parties and structured the transaction.
advised EDGE Professional Services, LLC, a Washington D.C. based information technology services firm during its acquisition by Artech Information Systems, LLC. Fairmount Partners originated and structured the transaction.

Garber Venture Capital Fund
University Park, Pa.

closed a transaction to invest $150,000 in Real Time Tomography, LLC, a medical imaging technology firm based in suburban Philadelphia. The Garber Venture Capital Fund is an MBA student-centric VC fund at the Penn State Smeal College of Business. Used within a course environment, the fund allows Smeal MBA students to experience first hand all aspects of venture capital investing.

Hollister Creative
Wynnewood, Pa.

was selected by the Main Line Chamber of Commerce as 2011 Small Business of the Year. The marketing communications agency known for its award-winning work creating websites, publications and print collateral will be honored at the Chamber’s Celebration of Business Leadership Luncheon on June 16.
is a finalist in the national Association of Educational Publishers 2011 Distinguished Achievement Awards for “Parent Probe,” a publication created for the Family Planning Council that helps parents talk to their teenage children about sex and relationships.

IT Solutions
Fort Washington, Pa.

rebranded its local industry-leading cloud computing offering to the name NearCloud. Previously known as The SharedVision Universal Plan, NearCloud is a cloud offering that alleviates responsibilities and hardware costs while providing a fully staffed team of experts to monitor and troubleshoot when problems arise. NearCloud was created to service clients with a lower-cost, more-secure alternative to on-premise server support and upgrades.

Kelleher Associates, LLC
Wayne, Pa.

is hosting “Stop Looking for a Job and Start Looking for Situations that Could Use Your Expertise!” with presenter Robert M. Rosend, Vice President, Human Resources of Storeroom Solutions, Inc., on July 6. This event will be followed by a Senior Roundtable Networking Meeting for “C” Level Executives in Transition facilitated by Mitch Wienick, President/CEO, Kelleher Associates, LLC. For more information, visit www.kelleherllc.com.
hosted “Talent and Executive Search in the New Economy” with Alan J. Kaplan, President & CEO of Kaplan & Associates, Inc., and a senior roundtable networking meeting for C-level executives in transition in June.

LearnQuest
Bala Cynwyd, Pa.

launched a website for its Entrepreneurship and Small Business Management (ESBM) Certificate Program at www.learnquest.edu. The ESBM program is a comprehensive 336-hour business curriculum designed for entrepreneurs by entrepreneurs to provide them with the practical knowledge to launch and grow their business ventures.

NewSpring Capital
Radnor, Pa.

hired Michael DiMartile as Director of Investor Relations. He oversees limited partnership and consultant relationships across NewSpring Capital, and also coordinates all fundraising efforts for the NewSpring Capital Family of Funds. DiMartile brings more than 13 years of experience in customer relations and service to his new position. Before joining NewSpring Capital, he served as Vice President of Business Development for Hamilton Lane. Prior to Hamilton Lane, he spent eight years in Capital Markets at Prudential Equity Group, where he was Vice President responsible for institutional equity sales and relationship management in the mid-Atlantic states. DiMartile earned an MBA and undergraduate degrees in Finance and Operations Management from the University of Delaware.

RES Software
Philadelphia

Gene Bonacci

appointed Gene Bonacci as Vice President of Channels and Strategic Alliances. Reporting to President of RES Software Americas, Jim Kirby, Bonacci oversees North American channel and system integrator relationships, accelerating growth through Arrow ECS North America and key U.S.-based resellers. RES Software is a leader in dynamic desktop solutions. Throughout his career, Bonacci has been responsible for managing global sales and strategies for large technology companies and brings more than 15 years of experience in technology sales and leadership to his new role. Most recently, Bonacci was Global VP of Strategic Sales at Wyse Technology, where he increased federal sales revenue 150% in 12 months. Prior to working at Wyse, he led sales efforts at Symantec Software as Global Director of Sales and Endpoint Virtualization.

Scherrer Resources, Inc.
Exton, Pa.

renewed its marketing alliance with Thomson Reuters, a leading source of intelligent information for business and professionals. Each company will work together to provide Scherrer’s Ally CRM and SFA technology to mutual clients who are investment advisors. This licensing, marketing and technical transfer agreement involves the two companies’ platform products. Scherrer Resources’ popular Ally CRM software product will be offered to customers of Thomson Reuters. The relationship is fully supported by the Scherrer customer service professionals who were deployed specifically for use by Thomson Reuters customers.

University City Science Center
Philadelphia

reported that Adaptimmune LLC and Optofluidics, Inc., have established offices at the University City Science Center’s Port Business Incubator. Adaptimmune Ltd., founded in 2008 in the U.K., chose the Science Center as the location of its U.S. subsidiary, Adaptimmune LLC. Adaptimmune is focused on the use of T cell therapy to treat cancer and infectious disease. Optofluidics, founded in 2010, focuses on developing microfluidic and biophotonic devices for point-of-care medical diagnostics, chemical agent detection and biomedical instrumentation.
reported that President and CEO Stephen S. Tang, PhD, MBA, was named to the U.S. Department of Commerce’s new Innovation Advisory Board. The 15-member Innovation Advisory Board, established under the America COMPETES Reauthorization Act of 2010, will guide a study of U.S. economic competitiveness and innovation to help inform national policies at the heart of U.S. job creation and global competitiveness. The board will advise the U.S. Secretary of Commerce, in coordination with the National Economic Council and other federal agencies, on the development of the study. Board members will serve until the completion of the study in 2012.