NewSpring Capital Companies Honored at 2013 Enterprise Awards

NewSpring Growth

NewSpring Capital is proud to recognize its NewSpring Growth Capital II ("NSG II") portfolio companies, Quintiq Holding ("Quintiq") and Relay Network ("Relay") as award winners at the Greater Philadelphia Alliance for Capital and Technologies 20th Annual Enterprise Awards held on May 9, 2013.  Quintiq was named as the Technology Company of the Year, an award given to a company with more than $50 million in revenue that provides leadership and product innovation in the markets it serves.  Relay was recognized with the IT Innovator Award of Excellence given to a technology leading company that demonstrates success in next generation technology.  In addition, Tim Wallace, CEO of iPipeline, Inc. ("iPipeline"), an NSG II portfolio company, was chosen as the Technology CEO of the Year for his leadership and impact in the industry.

Past Enterprise Award winners in the NewSpring Capital portfolio include Precyse Solutions, Inc., LiquidHub, Inc., TMG Health, Inc. and eCount, Inc.

About Quintiq Holding, BV

Quintiq, located in Radnor, PA, provides advanced planning, scheduling and supply chain optimization software solutions. The company offers and implements software for planning and optimizing complex business processes throughout the enterprise.

About Relay Network, LLC

Relay, located in Radnor, PA, provides a private channel for businesses and customers to connect and communicate one-on-one.

About iPipeline, Inc.

iPipeline, located in Exton, PA, provides a suite of sales distribution software to the insurance and financial services markets as an on-demand service. By positively influencing behavior across the value chain through flexible, rules-based technology, iPipeline's channel solutions for carriers, distributors, and agents automate activities for field underwriting support, quoting, comprehensive forms, illustrations, requirements ordering, contracting, and content, enabling the industry to market better, sell more, and process faster.

About Greater Philadelphia Alliance for Capital and Technologies (PACT)

PACT is a premier resource for emerging growth companies in technology, healthcare, and energy technology industries. PACT connects emerging growth companies, venture investors, professional advisors, universities and technology-focused corporations to network, develop relationships, pursue business opportunities, and market and promote their businesses to foster growth and innovation. PACT creates a strategic hub for the region's emerging growth companies, manifesting in a competitive edge for the Greater Philadelphia region. PACT is an Affiliate of the Greater Philadelphia Chamber of Commerce (GPCC).