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Frost & Sullivan Awards Gala Draws in Top Industry Leaders for Prestigious Recognition

Outstanding company achievements recognized at Frost & Sullivan Awards Ceremony

MOUNTAIN VIEW, California, July 20, 2017 /PRNewswire/ — Frost & Sullivan honored recipients at its Excellence in Best Practices Awards Gala held July 19th in Nashville, TN at the Loews Vanderbilt Hotel.

The Best Practices Awards are presented each year to companies that are predicted to encourage significant growth in their industries, have identified emerging trends before they became the standard in the marketplace, and have created advanced technologies that will catalyze and transform industries in the near future.

“Frost & Sullivan’s Awards program has now been recognizing companies for more than fifteen years,” said Jeff Frigstad, Global Sr. Vice President, Best Practices, Frost & Sullivan. “These Awards come from the rigor used by our talented team of 2,000 thought leaders from over 50 global offices working with over 200,000 clients, to locate the best.”

Awarded companies included:

ACI Worldwide – 2017 United States Digital Payments Customer Value Leadership Award

Aprima Medical Software – 2017 United States Ambulatory Revenue Cycle Management Product Leadership Award

AT&T – 2017 United States Business Metro Carrier Ethernet Services Market Leadership Award

AutoGravity Corporation – 2017 North American Digital Automotive Financing Entrepreneurial Company of the Year Award

bioMérieux – 2017 Global Automated Nucleic Acid Extraction New Product Innovation Award

Bio-Microbics, Inc. – 2017 North American Integrated Water Treatment Technology Leadership Award

Cisco Systems – 2017 Global Network Firewall Market Leadership Award

CliniOps – 2017 North American Digitalization of Clinical Trials Technology Leadership Award

CytoSorbents Corporation – 2017 Global Blood Purification Product Leadership Award

DataRPM – 2017 North American Cognitive Predictive Maintenance in Automotive Manufacturing Technology Leadership Award

Drivewyze, Inc. – 2017 North American Weigh Station Bypass Company of the Year Award

Ekahau – 2017 Global Wi-Fi Network Planning, Deployment, Verification & Troubleshooting Customer Value Leadership Award

FourKites, Inc. – 2017 North American Dynamic Supply Chain Tracking Solutions Entrepreneurial Company of the Year Award

Impinj – 2017 North American RFID Solutions in Healthcare Customer Value Leadership Award

INXPO, Inc. – 2017 Global Web Event Services Growth Excellence Leadership Award

IriTech, Inc. – 2017 North American Biometrics-as-a-Service New Product Innovation Award

MercuryGate International, Inc. – 2017 North American Cloud TMS for Retail Product Leadership Award

MobileIron – 2017 North American Enterprise Mobility Management Product Line Strategy Leadership Award

Omnify Software – 2017 North American PLM for the Mid-sized Medical Devices Customer Value Leadership Award 

Oracle – 2017 North American Health Data Warehousing Product Leadership Award

Pilgrim Quality Solutions, Inc. – 2017 North American Enterprise Quality Management Solution for Pharmaceutical Product Leadership Award

Proscia – 2017 Global Cloud-Based Digital Pathology Enabling Technology Leadership Award

Qualys, Inc. – 2017 Global Vulnerability Management Market Leadership Award

Sonus Networks – 2017 North American Enterprise Session Border Controller Company of the Year Award

Spectrum Enterprise – 2017 United States Business Carrier Ethernet Services Competitive Strategy Innovation and Leadership Award

Swissray International, Inc. – 2017 Global Magnetic Resonance Imaging Price/Performance Value Leadership Award

The Sente Group, Inc. – 2017 North American Test Resource Management Software Customer Value Leadership Award

TMEIC – 2016 Global PV Inverter Company of the Year Award

ToolsGroup – 2017 North American Supply Chain Management for Retail & Wholesale Technology Leadership Award

TruTag Technologies, Inc. – 2017 North American Product Authentication Technology Innovation Award

Unisys – 2017 North American Automated Encrypted Network Security Solution Customer Value Leadership Award

Virtual Hold Technology – 2017 North American Contact Center Software New Product Innovation Award

VirtualHealth – 2017 North American Population Health Management Product Leadership Award

Vodafone Group – 2017 European Cloud Communications and Contact Centers Company of the Year Award

Xerafy – 2017 Global RFID Surgical Instrument Tracking New Product Innovation Award

Yamaha Corporation – 2016 Global Tabletop Audio Conferencing Endpoint Growth Excellence Leadership Award

Yokogawa Electric Corporation – 2017 Global Automation Solutions and Services Customer Value Leadership Award

Zang, an Avaya Company – 2017 North American Communications Platforms as a Service New Product Innovation Award

Zendrive – 2017 North American User-Based Insurance Product Leadership Award

Frost & Sullivan’s Best Practices Awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis and extensive secondary research in order to identify best practices.

For further information about the Awards Gala, please contact a member of the Best Practices Team.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, collaborates with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that could make or break today’s market participants. For more than 50 years, Frost & Sullivan has been developing growth strategies for the global 1000, emerging businesses, the public sector, and the investment community. Contact us: Start the discussion.

Contact:

Estefany Ariza
P: 210.477.8469
F: 210.348.1003
E: estefany.ariza@frost.com

PRNews

Venus Concept Closes $38 Million Equity Financing to Support Continued Growth Opportunities

TORONTO, July 13, 2017 /PRNewswire/ — Venus Concept Ltd., a privately-held and innovative global aesthetic technology leader, today announced the closing of a $38 million equity investment. The equity investment was led by EW Healthcare Partners along with significant participation from HealthQuest Capital and Madryn Asset Management. This financing will help support the rapid growth of Venus Concept’s industry first and only subscription-based business model, the ongoing expansion and maturation of its 27 direct global offices, and the continued development of products to serve the aesthetic marketplace.

Scott Barry, Managing Director of EW Healthcare Partners, also commented on the investment: “We are pleased to be supporting Dom and the management team of Venus Concept as they continue to successfully expand their product portfolio and services globally. We believe that their differentiated subscription model and unique products positions them well to take full advantage of tailwinds in the non-invasive aesthetic market. We are excited to participate in the growth of the company.”

In conjunction with their investments, EW Healthcare Partners and HealthQuest will each receive one seat on Venus Concept’s board of directors.

Northland Securities, Inc. acted as the sole Placement Agent for this transaction.

About Venus Concept

Venus Concept is a global medical technology company that develops, commercializes, and delivers safe, efficacious, and easy-to-use aesthetic technologies and related practice enhancement services in a unique, industry-disruptive subscription-based business model. Venus Concept’s devices have been designed in cost-effective and proprietary ways that enable the company to expand beyond the aesthetic industry’s traditional markets of dermatology and plastic surgery, and into non-traditional markets such as family practice, general practice, internal medicine, obstetrics and gynecology, and medical spas. Approximately 70 per cent of its devices are sold in non-traditional markets. The company has expanded its subscription platform and is now selling its devices in over 60 countries, including 27 with direct offices. The company now has over 400 global employees whose customer-centric approach has supported the rapid growth of the company. For more information, please visit www.venusconcept.com.

About EW Healthcare Partners

With over $3.0 billion under management, EW Healthcare Partners is one of the largest and oldest growth equity firms pursuing investments in pharmaceuticals, medical devices, healthcare services, and healthcare information technology. Since its founding in 1985, Essex Woodlands has maintained its singular commitment to the healthcare industry and has been involved in the founding, investing, and/or management of over 150 healthcare companies, ranging across sectors, stages, and geographies. The team is comprised of over 20 senior investment professionals with offices in Palo Alto, Houston, New York, and London. For more information, please see www.ewhealthcare.com.

About HealthQuest Capital

HealthQuest Capital makes early growth investments in innovative commercial-stage healthcare companies that are improving both patient outcomes and healthcare economics. Investments focus on medical products, diagnostics, healthcare IT, and technology-enabled healthcare services. HealthQuest Capital is headquartered in Menlo Park, CA with west coast and east coast offices. Learn more at www.healthquestcapital.com.

About Madryn Asset Management, LP

Madryn Asset Management, LP is a leading alternative asset management firm that invests in innovative healthcare companies specializing in unique and transformative products, technologies, and services that create attractive economic opportunities. Backed by a seasoned executive management team, the firm draws upon its diverse expertise and original insights to deliver attractive returns for its limited partners while creating long-term value in support of its portfolio companies.

For further information: Melissa Kang, Phone: (888) 907-0115 ext. 139, Fax: (855) 905-0115, Email: mkang@venusconcept.com

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