Maine & Company December 2008 Newsletter In this Issue -- NotifyMD announces 200 New Jobs for Winthrop -- Maine & Company Board Member athenahealth Announces 100 New Jobs -- All Former MBNA Facilities Filled in Maine -- Union River Boat Announces Joint Venture with Rosborough Boats -- Auburn Manufacturing Announces Defense Contracts -- Maine & Company President Matt Jacobson Honored by Mainebiz -- Maine & Company Honored by Manufacturers Association of Maine -- Hathaway Creative Center Takes Shape With a New Anchor Tenant -- Maine & Company Board Member Unitil Completes Purchase of Northern Utilities -- Maine & Company Board of Directors/Sponsors Despite dismal economic news across the nation, Maine & Company closes out 2008 with positive news for the state. NotifyMD recently announced a second Maine location with hundreds of new jobs. Another employer, athenahealth, is also adding more jobs. And in October, Boston Financial Data Services celebrated the official opening of its Rockland facility: the company is expected to employ 200 by the end of next year. And as you'll read in this Maine & Company Newsletter, athenahealth and Boston Financial Data Services are just two of eight Maine companies which have either bought or leased former MBNA facilities in the state. Those facilities, vacated a few years ago, are now filled with new Maine jobs. Read on for more great news about what's happening in the state of Maine. Matt Jacobson, President & CEO, Maine & Company (207) 871-0234

NotifyMD announces 200 New Jobs for Winthrop ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ NotifyMD, a leading provider of comprehensive messaging services to physician offices nationwide, will open a new Care Coordination Center in Winthrop, Maine, creating hundreds of new jobs. The announcement was made November 18th at the company's new 21,000 square foot, leased facility in Winthrop. NotifyMD expects renovations to the existing space to be completed FQ 2009. The company is also expected to begin operations FQ 2009. The Tennessee-based company currently has six contact centers nationwide, including a center in Farmington, Maine. The new Winthrop operations center at 1705 Route 202 will be NotifyMD's largest Care Coordination Center in the country employing 200 in the next two years. "It is a testament to this strategy that NotifyMD enjoys unprecedented growth and is providing hundreds of new careers in Kennebec Valley and surrounding regions at a time when most companies are downsizing. It is also no coincidence that we meet this new challenge in Winthrop, Maine, having just capitalized on the strong work ethics and passion for excellence in Farmington, Maine, in less than two years," said Dr. Gary Ferguson, President and CEO of NotifyMD. Since 1986, NotifyMD has provided call management services to physician group practices. Headquartered in Franklin, Tennessee, NotifyMD serves more than 18,000 physicians in over 40 states. Click here to find out more about NotifyMD

Maine & Company Board Member athenahealth Announces 100 New Jobs ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ athenahealth, Inc. (NASDAQ: ATHN), a leading provider of internet-based business services for physician practices, announces another 100 new jobs for the Belfast region. Just last November, athenahealth CEO Jonathan Bush announced the purchase of the former MBNA call center building in Belfast. In 2008, athenahealth created 140 new jobs for the region. "We've been very pleased with our progress in Belfast and our recent announcement of hiring an additional 100 employees in the following year for our Maine facility," said David Tassoni, Managing Director of athenahealth Maine. "We continue to build upon our growth plan for our Belfast facility as athenahealth expands its service offerings and its network of physician clients across the country." athenahealth's new Maine Center is the company's second operational service site. The Maine facility includes more than 130,000 square feet of office space on a 53 acre campus. Find out more about athenahealth and the company's expansion in Belfast

All Former MBNA Facilities Filled in Maine ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Athenahealth is one of eight employers which now occupy the Maine facilities once owned by MBNA. Hundreds of jobs were lost in the state when Bank of America, which purchased MBNA in 2005, announced the closure of offices across Maine. Now, all ten former MBNA facilities have either been leased or purchased. According to Tony McDonald, of CB Richard Ellis/The Boulos Company, the eight new employers which fill the former MBNA buildings provide over 600 new jobs. "This was a great result for what at first blush was a troubling situation," said Tony McDonald, "Whenever a major employer announces major employment shifts there is rise for concern, particularly in some of the state's more rural areas. In this case, all 10 of these properties are filled with employees for 8 different firms providing a diverse employment base and over 600 new positions. Kudos to the State of Maine and thank you to Maine and Company for helping us get it done." The former MBNA facilities, and their new tenants include: - 12 Water Street, Rockland; 78,000 SF waterfront office building now leased to Boston Financial Data Services. - 1 Hatley Road, Belfast; 137,720 SF office complex sold to athenahealth. - 274 Front Street, Farmington; 10,384 SF office complex leased to NotifyMD. - 69 Pleasant Street, Fort Kent; 10,419 SF building leased to Synergy Solutions. - 18 Green Hills Drive, Presque Isle; 15,575 SF building leased to Connect North America. - 409 County Road, Rockland; 17,471 SF building sold to Pen Bay Medical Center for relocation of existing functions and growth. Find out more about CB Richard Ellis/The Boulos Company

Union River Boat Announces Joint Venture with Rosborough Boats ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Union River Boat Company of Bucksport and Rosborough Boats Ltd. of Halifax have signed a joint venture to build and market Rosborough Boats' Rough Water RIBs and HammerHead series craft for the US market. As part of the joint venture, Rosborough will provide for the design and marketing of the boats and Union River will provide for construction and supply of the boats in the developing RIB market. "Rosborough Boats is excited about our new joint venture and anxious to get started with both manufacturing and marketing our brand of boats from Maine, " said Bob Rosborough, President, Rosborough Boats. "We view this endeavor as a natural progression for Rosborough Boats to become a supplier of boats for the USA from the State of Maine and Union River Boats." Find out more about Union River Boat Company

Auburn Manufacturing Announces Defense Contracts ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Auburn Manufacturing Inc. recently announced it has won two U.S. military contracts worth up to $7.8 million. The Mechanic Falls company, which makes fabrics used for high-temperature protection, will make fabrics for the military to be used during naval ship repairs. It's the fifth military contract the company has been awarded over the past 15 years, and it will provide work for the company's 50 employees for the next several years. Find out more about Auburn Manufacturing

Maine & Company President Matt Jacobson Honored by Mainebiz ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Mainebiz, the state's leading business publication, has honored Maine & Company President & CEO Matt Jacobson in the yearly NEXT list. The NEXT list honors the top 10 business leaders in the state of Maine each year. About Matt Jacobson, Former Mainebiz editor Taylor Smith wrote: "In his short tenure, Jacobson, a 47-year old former railroad executive, has preached the gospel of business attraction, retention and development. It's company-based economic development, whether luring an outside company to Maine or helping incubate a locally grown startup." Read more about Matt Jacobson and the Mainebiz NEXT List

Maine & Company Honored by Manufacturers Association of Maine ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ More kudos for Maine & Company. The Manufacturers Association of Maine (MAME) honored Maine & Company with the annual MAME Support Award. The recognition is "for outstanding organization or individual promoting the growth and support of the Manufacturers Association of Maine". The Manufacturers Association of Maine (formerly Maine Metal Products Association) is a statewide industry association representing manufacturing, corporate, affiliate and student members. The MAME mission is to work for economic, financial, educational and business prosperity for all members and workers in Maine. Read more about the Manufacturers Association of Maine

Hathaway Creative Center Takes Shape With a New Anchor Tenant ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ It's attracting artists, commercial businesses and residents; the Hathaway Creative Center is the new home for Maine's creative economy along the Kennebec River. The anchor tenant is HealthReach Network, a partner of MaineGeneral Health, which will employ 100 in its new 40,000 sf office. The five-story Hathaway Creative Center offers living and working space in a brick and granite building that was once home to the manufacturing headquarters for the Hathaway Shirt Company. Hathaway, which operated out of Waterville for 165 years, was one of the nation's largest shirt manufacturers. Now Rhode Island-based developer Paul Boghossian and business partner Thomas Niemann have created the Hathaway Creative Center to be Waterville's premier living and working space for the region's growing community of artists, craftspeople, graphic artists and business people. Find out more about the Hathaway Creative Center

Maine & Company Board Member Unitil Completes Purchase of Northern Utilities ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Unitil has completed its $160 million purchase of Maine-based Northern Utilities and Massachusetts- based Granite State Gas Transmission. Unitil will serve 52,000 customers in Maine and New Hampshire. Unitil bought Granite State Gas Transmission and Northern Utilities from NiSource Inc., based in Merrillville, Ind. Northern Utilities is one of the primary customers of Granite State, which operates 86 miles of underground natural gas pipeline in Massachusetts, Maine and New Hampshire. Unitil, which is based in Hampton, N.H., is a utility holding company that had about 115,000 customers in New Hampshire and Massachusetts before the purchase agreement. Find out more about Unitil's acquisition of Northern Utilities

Maine & Company Board of Directors/Sponsors ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ *Mr. Bruce Ballantyne, VP, Economic Development, FairPoint Communications *Ms. Sara Burns, President & CEO, Central Maine Power Company *Ms. Cindy Carroll, Director of Business Services, Unitil *Mr. Bruce A. Coggeshall, Managing Partner, Pierce Atwood LLP *Mr. Dana F. Connors, President, Maine State Chamber of Commerce *Mr. Daniel Corcoran, President, Anthem Blue Cross and Blue Shield of Maine *Mr. Ed Cormier, President, Harriman *Mr. Mark Fasold, Senior Vice President & CFO, L.L. Bean, Inc. *Mr. Bob Hanf, President, Bangor Hydro-Electric Company *Mr. James Harnden, President, RAM Harnden Commercial Real Estate *Mr. Peter Jackson, Division VP, Finance & Administration, Boston Financial Data Services *Mr. Raymond "Chip" Kelley, Senior Vice President, Key Bank of Maine *Mr. Daniel G. McKay, President, Eaton Peabody *Mr. Harold C. Pachios, Managing Partner, Preti Flaherty Beliveau & Pachios *Ms. Melinda Poore, Vice President of Government & Community Affairs, Time Warner Cable *Commissioner John Richardson, Maine Dept. of Economic & Community Development *Mr. Eric F. Saunders, Shareholder, Bernstein, Shur, Sawyer & Nelson, P.A. *Mr. Sam Spencer, Managing Partner, Spencer Monks Development, LLC *Mr. Peter G. Vigue, President, Cianbro Corporation *Mr. David Warren, Managing Partner, Verrill Dana, LLP *Mr. Lawrence A. Wold, President, TD Banknorth Maine ----Members of the Corporation----- *Mr. Michael Bourque, VP, Corporate Marketing & Communications, Maine Employers' Mutual Insurance Company *Mr. Steve Culver, Vice President of Government Relations, Hannaford Bros. Co. *Ms. Kimberly Lindlof, President, Mid-Maine Chamber of Commerce *Ms. Lisa Martin, Executive Director, Manufacturers Association of Maine *Mr. Charles A. Morrison, President, Androscoggin County Chamber of Commerce *Mr. Steven Mueller, International WoodFuels, LLC *Mr. Ford S. Reiche, President, Safe Handling, Inc. *Mr. Peter G. Thompson, President & CEO, Kennebec Valley Chamber of Commerce *Mr. Godfrey Wood, Executive Director, Greater Portland Chamber of Commerce

Contact Information ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ email mjacobson@maineco.org phone: (207) 871-0234 web: http://www.maineco.org ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~