
Frank Hermance	Carolyn Maher	Dean Miller	Dianne Strunk

Merger complete: Eastern Technology Council and Mid-Atlantic Capital Alliance are one

Greater Philadelphia Alliance for Capital
and Technologies (PACT) will foster
innovation and business growth

Leaders of the region’s technology and life sciences companies, and the investors who fund them, now have a strategic hub for business growth in the Greater Philadelphia Alliance for Capital and Technologies. PACT, as the new entity will be called, provides a central resource for education, information, mentoring, access to capital and networking.

Two powerhouse business associations — Mid-Atlantic Capital (MAC) Alliance and the Eastern Technology Council — have completed a merger to create PACT. While the MAC Alliance was more investor-focused and the Council was more focused on entrepreneurs, PACT will embrace both equally and seek to foster more direct connections between funders and company leaders.

TweetDeck

The business case for social media, Part 3:

Tools of the trade simplify and enhance new media marketing

Like the stock market ticker tape, the information on Twitter and Facebook changes in an instant.

Posting a Tweet or a status update, therefore, is a bit like putting a message in a bottle. Unless your followers and fans go to their homepages and news feeds fairly soon after you post, they can easily miss it. As a result, some marketers recommend posting the same message three times a day, eight hours apart. But who wants to spend time in the evening posting to Twitter or Facebook for work?

Debra Harrsch, Chief Branding Officer of Lansdale-based Brandwidth Solutions, a marketing firm, found the answer with HootSuite, a Twitter reader that allows you to schedule posts for Twitter, along with other social networks.

Brian Kirschner, Senior Director of News and Public Relations at University of the Sciences in Philadelphia, also has seen the advantage. “I was going to a workshop for two days, so I put a couple of things in the queue,” he says.

HootSuite is just one of many tools that can simplify the social media experience. These tools also make it easy to include features that enhance your social media marketing.

Edward Richman, Ph.D.

Secrets of Success

Edward Richman, Ph.D.
President,
Richman Chemical, Inc.

Edward Richman, Ph.D., is the Founder and President of Richman Chemical, Inc., a provider of project management, custom/contract manufacturing and sourcing services to life sciences and chemical industry clients.

Richman did his undergraduate work at Brown University and earned M.S. and Ph.D. degrees in Chemistry from the University of Chicago, writing his thesis on molecular beams.

After starting his career in synthetic fibers R&D with Celanese and Rohm & Haas, Richman worked at National Starch for 10 years, eventually serving as Director, Chemical Business.

Audience applauds launch of
Greater Philadelphia Alliance for
Capital and Technologies (PACT)

The 23rd Annual Mid-Atlantic Capital (MAC) Alliance Awards Luncheon honored regional venture greats Robert M. McCord for lifetime achievement, Hal F. Rosenbluth for entrepreneurial excellence and Stephen A. Tullman as the entrepreneur of the year.

The annual Awards Luncheon, held June 3, celebrates entrepreneurial, investor and professional achievement. It is the culmination of the MAC Alliance program year, attracting over 500 key leaders and players in the private equity and entrepreneurial community.

This year’s luncheon held special significance because it was also the venue chosen for the official launch of the Greater Philadelphia Alliance for Capital and Technologies (PACT) — the region’s new strategic hub for technology and life sciences entrepreneurs and investors.

Spring and Codkind join
imPACT Times Advisory Board

The imPACT Times Advisory Board has two new members: Nicholas U. Spring and Mitchell Codkind.

The Board is made up of leaders from Greater Philadelphia Alliance for Capital and Technologies (PACT) member companies representing a variety of market segments in technology and life sciences. Board members meet periodically to discuss content for upcoming issues of PACT’s signature publication, imPACT Times.

“Input from the Advisory Board ensures that imPACT Times remains a relevant and valuable resource for members,” says Dianne Strunk, PACT Vice President of Business Development.

Member Survey Results

In March, we asked readers to tell us what they like LEAST about air travel for business. Here are the four top answers:

Flight delays
Cramped quarters
(tie) Baggage fees and Being away from home

Events

Dates and locations announced
for PACT signature events

Dates and locations for signature events of the Greater Philadelphia Alliance for Capital and Technologies (PACT) have been set.

IMPACT 2010, formerly Mid-Atlantic Capital (MAC) Conference, will be held November 9-10, at the Pennsylvania Convention Center. Its Gala Reception will be held in the Crystal Tea Room at the Wannamaker Building.

The Enterprise Awards Gala will be held May 4, 2011, at the Hilton Philadelphia City Avenue.

Luke Tilley

Tilley to speak at Economic Outlook
2010 event

Luke Tilley, Regional Economic Advisor with the Federal Reserve Bank of Philadelphia, will present a review of current conditions in the economy and financial markets on June 10.

Economic Outlook 2010, hosted by of the Greater Philadelphia Alliance for Capital and Technologies (PACT), will be held at the Drexel University LeBow College of Business, Two West Liberty Boulevard, Malvern, from 8 to 10 a.m.

Celebrate summer
with PACT on June 24

The Greater Philadelphia Alliance for Capital and Technologies (PACT) will celebrate the warm weather — and the recent merger of the Eastern Technology Council and the Mid-Atlantic Capital Alliance — at its Summer Reception on Thursday, June 24.

Members attending this popular annual event will meet the new PACT leaders and board members as they enjoy live music, food and drinks from 5:30 to 8 p.m. at the ACE Conference Center, 800 Ridge Pike, Lafayette Hill, Pa.

Medical Device Group
Golf Outing is September 16

The Medical Device Group begun under the auspices of the Eastern Technology Council is continuing its roster of meetings and events as part of the Greater Philadelphia Alliance for Capital and Technologies (PACT).

Members of the invitation-only group are leaders of medical device, instrumentation and medical diagnostics companies who gather to network and discuss the trends, government initiatives and other topics relevant to their industry.

The annual Medical Device Group Golf Outing, which will be held this year on September 16 at Applebrook Country Club in Malvern, brings these medical technology executives together with senior executives from life sciences companies for a luncheon and an afternoon of golf, followed by a cocktail reception. The event runs from 11 a.m. to 7 p.m.

Cloud computing conference
set for October 5

Your company probably uses some form of cloud computing, and if it doesn’t now, it will soon. The more you know about it, the better able you will be to use it effectively in driving your business forward.

To that end, the Greater Philadelphia Alliance for Capital and Technologies (PACT) and LiquidHub, Inc., will offer a full-day summit of hands-on labs, workshops, exhibits, breakout sessions and live demonstration geared to Chief Information Officers, Chief Financial Officers and Chief Security Officers.

The Next Generation Architecture Summit: Cloud Computing on the Rise will be held on Tuesday, October 5, at the Safeguard Building on the Penn State Great Valley campus in Malvern.

Medical Devices

Healthcare reform may have major impact on medical device industry

The environment for innovation is about to significantly change for manufacturers of medical devices.

In March 2010, President Barack Obama signed into law the most sweeping reform of healthcare since the creation of the Medicare and Medicaid programs. As a result, insurance coverage will be available to more than 32 million Americans and significant regulatory reforms will be mandated for current insurance systems.

The new law also will cut more than $500 billion from the Medicare program and raise additional taxes by approximately $440 billion, including a new tax on medical device manufacturers.

Vendor management
is focus of CIO Institute event

Peter Quinn, Director of Vendor Management at SEI Investments, will lead an interactive roundtable discussion at the June 17 CIO Institute event.

Member Reports

Member Reports are grouped alphabetically by company name. Please click on the group heading to view reports from the companies listed in that group.

Member Reports A-D

Allied Pixel
Alteva
Beyond.com, Inc.
ComCam International, Inc
Duane Morris, LLP

Member Reports H-M

Healthy Humans
Hollister Creative
Hot Neuron, LLC
LearnQuest
MISI Company

Member Reports N-Z

Neuronetics, Inc.
Nimlok Philadelphia
SunGard Higher Education
University City Science Center

imPACT Times is published six times a year as a service to members of Greater Philadelphia Alliance for Capital and Technologies (PACT), as well as those who actively participate in the business, life sciences, investment and technology communities in Greater Philadelphia

Publisher: Dianne Strunk, Vice President of Business Development, PACT

Hollister Creative, Wynnewood, Pa.,
provides creative services as follows:

Editor: Kim Landry
Managing Editor: Martha Michaela Hutchman Brown
Contributing Editors: Pamela George
Art Director: Georgette Klotz

This publication is distributed with the understanding that neither the publisher nor any other party is rendering expert advice. If expert assistance is required, seek the advice of a competent professional. ©2010 Greater Philadelphia Alliance for Capital and Technologies, 200 South Broad Street, Suite 700, Philadelphia, PA 19102-3896 215-790-3800

Merger complete: Eastern Technology Council and Mid-Atlantic Capital Alliance are one

Greater Philadelphia Alliance for Capital
and Technologies (PACT) will foster
innovation and business growth

The business case for social media, Part 3:

Tools of the trade simplify and enhance new media marketing

Secrets of Success

Edward Richman, Ph.D.
President,
Richman Chemical, Inc.

McCord, Rosenbluth
and Tullman honored at
MAC Alliance Awards Luncheon

Audience applauds launch of
Greater Philadelphia Alliance for
Capital and Technologies (PACT)

Spring and Codkind join
imPACT Times Advisory Board

Member Survey

Member Survey Results

Events

Dates and locations announced
for PACT signature events

Tilley to speak at Economic Outlook
2010 event

Celebrate summer
with PACT on June 24

Medical Device Group
Golf Outing is September 16

Cloud computing conference
set for October 5

Departments

Medical Devices

Healthcare reform may have major impact on medical device industry

CIO Institute

Vendor management
is focus of CIO Institute event

Members

Member Reports

Merger complete: Eastern Technology Council and Mid-Atlantic Capital Alliance are one

Greater Philadelphia Alliance for Capital and Technologies (PACT) will foster innovation and business growth

The business case for social media, Part 3:

Tools of the trade simplify and enhance new media marketing

Secrets of Success

Edward Richman, Ph.D. President, Richman Chemical, Inc.

McCord, Rosenbluth and Tullman honored at MAC Alliance Awards Luncheon

Audience applauds launch of Greater Philadelphia Alliance for Capital and Technologies (PACT)

Spring and Codkind join imPACT Times Advisory Board

Member Survey

Member Survey Results

Events

Dates and locations announced for PACT signature events

Tilley to speak at Economic Outlook 2010 event

Celebrate summer with PACT on June 24

Medical Device Group Golf Outing is September 16

Cloud computing conference set for October 5

Departments

Medical Devices

Healthcare reform may have major impact on medical device industry

CIO Institute

Vendor management is focus of CIO Institute event

Members

Member Reports

Greater Philadelphia Alliance for Capital
and Technologies (PACT) will foster
innovation and business growth

Edward Richman, Ph.D.
President,
Richman Chemical, Inc.

McCord, Rosenbluth
and Tullman honored at
MAC Alliance Awards Luncheon

Audience applauds launch of
Greater Philadelphia Alliance for
Capital and Technologies (PACT)

Spring and Codkind join
imPACT Times Advisory Board

Dates and locations announced
for PACT signature events

Tilley to speak at Economic Outlook
2010 event

Celebrate summer
with PACT on June 24

Medical Device Group
Golf Outing is September 16

Cloud computing conference
set for October 5

Vendor management
is focus of CIO Institute event