~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Maine & Company June 2009 Newsletter ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ In this Issue -- NotifyMD Winthrop Open for Business -- athenahealth and Maine's Medical Network Forge New Alliance -- Maine's Backyard Farms Expands and Adds New Jobs -- Maine-Based MariCal Signs Deal with Saudi-Based National Prawn Company -- Ledgewood Construction Begins Work on New Educare Facility in Waterville -- PowerPay turns the former Portland Public Market to "Green" Office Space -- Northern Maine Community College Trains Windpower Technicians -- Maine-Based Honey Tree Films Secures New Investor -- Matt Jacobson Keynote Speaker at Mainebiz 2024 Event -- FEATURED PROPERTY: MAINE STREET STATION, BRUNSWICK -- Maine & Company Board of Directors/Sponsors Not all economic news is doom and gloom, not here in Maine. We are celebrating the expansion of two new companies, NotifyMD and Backyard Farms. An independent film company in Maine has secured financial backing, thanks to the work of Maine & Company. And another Maine company, named by Inc. Magazine as one of the fastest growing companies in the US, is expanding into a 32,000 square foot "green" space in Portland. What does all this mean for Maine? Jobs. More jobs are coming to our great state. Read on and see the great news that Maine has to offer. Learn how we are emerging from the global economic downturn. Matt Jacobson, President & CEO, Maine & Company (207) 871-0234

NotifyMD Winthrop Open for Business ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ NotifyMD, a leading provider of comprehensive messaging services to physician offices nationwide, has officially opened its new Winthrop facility. NotifyMD has hired 16 employees and expects to hire another 60 employees over the next 12 to 18 months. The NotifyMD Winthrop facility is the company's largest Care Coordination Center in the country. NotifyMD has seven call centers nationwide, including a facility in Farmington Maine, which opened in 2007. "NotifyMD looked to replicate the same success we have experienced in Farmington," says Chief Strategy Officer and Vice President of Marketing Arthur Lane. " Winthrop has exceeded all our expectations. As our business expands, we expect to expand our Winthrop facility to include 250 employees." Read more about NotifyMD's move to Winthrop in Site Selection Magazine

athenahealth and Maine's Medical Network Forge New Alliance ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ athenahealth, Inc., a leading provider of Internet-based business services to physician practices, and Medical Network, Inc. (MedNet), Maine's largest independent preferred provider organization, announced a new alliance. As a result of this alliance, MedNet providers now have preferred access to athenahealth's integrated electronic health record (EHR) service, athenaClinicalsSM, and revenue cycle management service, athenaCollectorSM. This relationship will enable MedNet providers to more easily participate in the Health Information Technology for Economic and Clinical Health Act (HITECH). "We are impressed with athenahealth's products and services, which have the capacity to significantly improve a physician's ability to deliver quality care, helping to link rural physician practices and avoid unnecessary and costly duplication of services, while reducing the administrative complexity of practice operations," said William Maxwell, MD, of Portland, MedNet's Chairman. "Additionally, athenahealth has demonstrated its investment in Maine by establishing its operations center in Belfast, supporting Maine employment and underlining their commitment to improving healthcare delivery in this state," continued John Baker, MD, of Newport, and MedNet's Vice Chairman. athenahealth opened a 130,000 SF Maine operations center in 2008. The Massachusetts-based company worked closely with Maine & Company, which introduced the expanding internet-based physician support service to viable location options, workforce demographic information, and business attraction incentives available in the state. Find out more about athenahealth's new alliance with Medical Network, Inc.

Maine's Backyard Farms Expands and Adds New Jobs ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Expansion and new jobs at Backyard Farms in Madison. Backyard Farms, which operates a year-round greenhouse in Madison, is opening a second greenhouse and hiring 75 additional employees. With the completion of the expansion, Backyard Farms will have a total of 42 acres of year-round greenhouse growing space, employing about 175 people. The company is also opening a corporate office in Portland. Backyard Farms is the largest greenhouse grower of vine-ripened tomatoes in the Northeast. The expansion, according to Backyard Farms CEO Roy Lubetkin, will allow the company to double its year-round tomato production. Find out more about Backyard Farms

Maine-Based MariCal Signs Deal with Saudi-Based National Prawn Company ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Maine-based biotech MariCal Inc, a privately held animal health and nutrition biotechnology company, has announced a research collaboration agreement with National Prawn Co. (NPC) of Saudi Arabia. NPC will utilize MariCal technology to boost shrimp production. MariCal will be using its proprietary calcium sensing receptor (CaSR) capabilities to assist the Saudi firm. National Prawn is one of the world's largest desert coastal aquaculture enterprises. NPC is a fully integrated Desert Coastal Aquaculture (DCA) company that applies eco-friendly methods for the sustainable culture. Find out more about MariCal

Ledgewood Construction Begins Work on New Educare Facility in Waterville ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Ledgewood Construction is currently managing construction of a new, 37,000-s.f. Educare facility in Waterville, Maine. The early childhood development center will provide high-quality early care and education to infants and preschoolers growing up in economically disadvantaged households. Based on a national model, the Waterville center is the first of its kind in New England. Funded nationally by the Buffett Early Childhood Fund and locally by the Alfond Family, the $9.3 million project is being designed by RDG Planning & Design of Omaha, Nebraska. RDG has served as the architect for other Educare facilities throughout the country. Site work is scheduled to begin in June 2009, with building construction commencing in August. The project is slated for completion by fall 2010. (Image courtesy of RDG Planning & Design) Read more about Ledgewood's Educare project

PowerPay turns the former Portland Public Market to "Green" Office Space ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ PowerPay, a leader in the electronic payments industry, is turning the former Portland Public Market into "green" office space. Renovations are underway at the facility in Portland's Bayside neighborhood. The $10 million renovation project will keep the building's atrium interior, including the post and beam designed ceilings. The facility, which will house the company's 130 employees, will also include a public café as part of the 32,000 sq. ft. building. PowerPay was named one of the fastest growing privately held companies in 2008 by Inc. Magazine. According to PowerPay CEO Stephen Goodrich, the renovations will meet the second highest standard of the Leadership in Energy and Environmental Design rating system for green building design developed by the U.S. Building Council. Watch the WCSH6 story on PowerPay's new office building

Northern Maine Community College Trains Windpower Technicians ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Northern Maine Community College now offers wind power technology as a newly-developed associate degree level program. The NMCC program, which is completing its first academic year, offers training in the electrical, electronic, and mechanical aspects of the wind power industry, with a focus on wind turbine maintenance and electrical power production. The NMCC program has more than 40 students. They are studying within 15 miles of New England's first wind power generation project. Read more about NMCC's Wind Power technology program

Maine-Based Honey Tree Films Secures New Investor ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Honey Tree Films, an independent film company in Buxton, has procured partial financing for its next feature film as part of an overall investment in the company. Honey Tree Films Founder and CEO Dana Packard credits Maine & Company with providing an introduction to a qualified investor, which will provide financing for several upcoming films. "Maine & Company introduced Honey Tree Films to possible lines of funding, which have provided a critical lifeline to our future productions," said Packard. The initial investor seeks equal partners to complete the $620,000, eighteen-month deal. In addition to traditional equity ownership in the film, investors will own a percentage of the company for life, and will have first right of refusal to invest in subsequent projects. Honey Tree Films has several movies in the pipeline, including PRAIRIE DOGS, starring Norman Reedus, DB Sweeney, James Russo and screenwriter Jennifer Nichole Porter, 40 WEST, adapted from the play by Ms. Porter, and LITTLE EGYPT, from the play by Lynn Siefert (COOL RUNNINGS, COUSIN BETTE). Find out more about Honey Tree Films future productions

Matt Jacobson Keynote Speaker at Mainebiz 2024 Event ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Mainebiz hosts Maine 2024, as the state's leading business publication celebrates 15 years in business and looks ahead 15 years to 2024. Maine & Company's Matt Jacobson will speak, along with Jim Damicis of Policy One Research, at this Mainebiz event, Tuesday June 16. Join the reception and networking event at the University of Southern Maine's Abromson Center in Portland, from 2 - 6pm. Register online for Maine 2024

FEATURED PROPERTY: MAINE STREET STATION, BRUNSWICK ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Maine Street Station is the last in-fill site available in downtown Brunswick, Maine. Located on Maine Street in Brunswick at the steps of Bowdoin College, Maine Street Station offers optimum visibility to business owners. A mixed-use development including a train station, Maine Street Station is positioned as the gateway to Brunswick and the hub of this bustling college community. It will be a multi-modal location, with train, bus, taxi and pedestrian friendly access, along with multi-use spaces ranging from offices, service centers, retail, restaurants, theater and residential space. The property is permitted for construction. Its location in Brunswick provides a unique development opportunity with high-population areas of Portland, Lewiston-Auburn, and Augusta within a 30-mile radius. Find out more about Maine Street Station in Brunswick

Maine & Company Board of Directors/Sponsors ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Directors/Sponsors *Mr. Peter Benard, President, Ledgewood Construction *Ms. Sara Burns, President & CEO, Central Maine Power Company *Mr. Bruce A. Coggeshall, Managing Partner, Pierce Atwood LLP *Ms. Cindy Carroll, Director of Business Services, Unitil *Mr. Dana F. Connors, President, The 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. Keith C. Jones, Managing Partner, Verrill Dana, LLP *Mr. Raymond "Chip" Kelley, Senior Vice President, Key Bank of Maine *Mr. Brian Lippold, VP, Business & Wholesale Sales, FairPoint Communications *Mr. Daniel G. McKay, President, Eaton Peabody *Ms. Melinda Poore, Vice President of Government & Community Affairs, Time Warner Cable *Commissioner John Richardson 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. David Tassoni, Vice President of Operations, athenahealth *Mr. Peter G. Vigue, President, Cianbro Corporation *Mr. Lawrence A. Wold, President, TD Banknorth Maine Members of the Corporation Mr. Charles A. Morrison, President, Androscoggin County Chamber of Commerce *Mr. Godfrey Wood, Executive Director, Greater Portland Chamber of Commerce *Mr. Steve Culver, Vice President of Government Relations, Hannaford Bros. Co. *Mr. Steven Mueller, President, International WoodFuels, LLC *Mr. Peter Thompson, President & CEO, Kennebec Valley Chamber of Commerce *Mr. Michael Bourque, VP, Corporate Marketing & Communications, Maine Employers' Mutual Insurance Company *Ms. Lisa Martin, Executive Director, Manufacturers Association of Maine *Ms. Kimberly Lindlof, President, MidMaine Chamber of Commerce *Mr. Ford S. Reiche, President, Safe Handling, Inc. *Ms. Heather Collins, President & Executive Director, Southern Midcoast Maine Chamber