EmergingMed develops software applications and provides services to manage and promote patient and physician searches for clinical trials. The company establishes and maintains a database of clinical trials, matches patients to those trials, and provides navigation support throughout the search process.

"Our company has established itself as the leading provider of cancer clinical trial matching and referral services in the United States," said Courtney Hudson, the co-founder, President and CEO of EmergingMed.com. "This recent investment will strengthen our working capital and enable us to hire the staff we need to expand services."

Tim Cockshutt, managing director with Advantage Capital, said EmergingMed participates in a critical aspect of drug development. "By increasing the number of people available for clinical trials, EmergingMed helps speed up the development of new drugs," Cockshutt said. "Having life-saving drugs tested and on the market more rapidly benefits everyone, and we are proud to support a company with such broad impact on our community."

Advantage's investment was made in connection with New York's Certified Capital Company (CAPCO) program, which encourages the flow of investment capital to promising companies located in the state.

About EmergingMed.com
EmergingMed.com (www.emergingmed.com) has created an unparalleled matching technology that allows people with serious illnesses, their caregivers and physicians to compare a short personal profile to the enrollment criteria of thousands of clinical trials. EmergingMed has partnered with numerous organizations to offer its services through private-label collaborations. These partners include the American Cancer Society, the Lance Armstrong Foundation, Pfizer Oncology, Dana-Farber/Harvard Cancer Center and the state of Florida.

About Advantage Capital Partners
Advantage Capital Partners (www.advantagecap.com) is a private equity and venture capital firm focused on early-stage companies and other investments supporting state and local economic development. Advantage has raised more than $700 million in institutional private equity since 1992 and invested in companies involved in a wide range of industries.

About Florida Gulfshore Capital
Florida Gulfshore Capital (www.gulfshorecap.com) is a growth equity investment firm focused on venture capital investments and small to mid market private equity opportunities. It combines the investment talents of its partners with the rich operating experience of successful business executives in Southwest Florida.

About Rand Capital
Rand Capital (www.randcapital.com) is a publicly held Business Development Company (BDC) licensed by the Small Business Administration (SBA) as a Small Business Investment Company (SBIC). Rand is traded on the NASDAQ under the symbol RAND. Rand is headquartered in Buffalo, N.Y.

About The Spring Bay Companies
The Spring Bay Companies is a privately funded venture capital and private-equity firm based in Ponte Vedra Beach, Fla., which typically invests from $1 million to $10 million in technology based companies.

About Larkspur Capital
Larkspur Capital Corporation is a boutique investment bank that specializes in private placements (equity and debt) and financial advisory services for private and public companies over a broad range of industries, including healthcare, technology and basic industries.

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For more information, contact Courtney Hudson of EmergingMed at 212-679-0072
or Carter Dunkin of Advantage Capital at 314-725-0800.