News

NEWSPRING CAPITAL PORTFOLIO COMPANIES HONORED AT 2006      

MID-ATLANTIC VENTURE CONFERENCE

King of Prussia, PA – October, 2006– NewSpring Capital, a family of private equity funds, announced today that several of its portfolio companies were honored as “Featured Companies” during the 2006 Mid-Atlantic Venture Conference.  The portfolio companies honored at this year’s event were:  Internet Fitness of Mount Laurel, NJ; NutriSystem, Inc. of Horsham, PA; Ecount of Conshohocken, PA; and TMG Health, Inc. of King of Prussia, PA.  These companies were chosen for their distinction as the region’s best performing companies and NewSpring Capital is proud to include them in our portfolio.

About NewSpring Capital  - NewSpring Capital, based in King of Prussia, PA, is a family of specific purpose private equity funds which includes:  NewSpring Ventures, L.P., a venture capital fund providing equity capital to growth and expansion stage companies with a focus on information technology, business services and healthcare; NewSpring Healthcare, L.P., a venture capital fund focused on intermediate-and late-stage life science and healthcare companies;  and NewSpring Mezzanine Capital, L.P., a regionally focused mezzanine debt fund that invests in information technology, business services, healthcare and specialty manufacturing.  www.newspringcapital.com

 About Mid-Atlantic Venture Conference - MAVC is a catalyst for venture and entrepreneurial success. As the oldest venture conference in the Northeast, MAVC has been the catalyst for hundreds of deals and numerous successes in the region. Each year, hundreds of participants exchange ideas, insights and intelligence – an exchange that has helped the Greater Philadelphia region become a hotbed of entrepreneurial enterprise. MAVC attendees represents billions of dollars under management, numerous successes and promising emerging technologies and innovations.  www.mavc.org

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