ComVest Announces a $12 Million Investment Into UCN Inc. (UCNN)

Salt Lake City, UT – May 9, 2006 – UCN, Inc. (OTC.BB:UCNN), announced today that the Company entered into a revolving credit and term loan agreement with ComVest Capital on May 5, 2006. Under the terms of the agreement ComVest has agreed to loan up to $7.5 million under a revolving credit note and $4.5

IT&E International Appointments Alastair McEwan as Chief Executive Officer

IT&E International Group, Inc. Announces Appointment of Interim Chief Executive Officer Tuesday May 2, 8:10 pm ET SAN DIEGO, CA, May 2, 2006 IT&E International Group, Inc. today announced that it is progressing with its strategy to grow organically and by acquisition in the CRO sector. To this end, it is pleased to announce that

Catalyst International Quarterly Sales Hit New High in Software Licenses & Services

Milwaukee, WI, April 12, 2006— On the strength of new sales to one of the world’s largest automotive manufacturers, to a leading appliance manufacturer, and to a large regional department-store chain, Catalyst completed its first quarter of 2006 with growth that was above expectations in license sales, services business, and overall profitability. These first quarter

Siemens Co-invests Alongside ComVest, Private Placement Increases to $33 Million

SAN DIEGO, April 3 2006, Sequenom, Inc. (Nasdaq: SQNM) today announced that the amount of its previously announced private placement of common stock has been increased by $3 million to a total of $33 million. Siemens Venture Capital GmbH has agreed to join the previously announced investors ComVest Investment Partners II LLC, Pequot Private Equity

ComVest Leads $30 million investment in Sequenom Inc. (NASDAQ SQNM)

SAN DIEGO Sequenom Inc., a maker of biotechnology research equipment, said Tuesday a group of investors has agreed to buy stock and warrants of the company for $30 million, which Sequenom will use for working capital needs. Sequenon said it received the investment commitments from ComVest Investment Partners II LLC, Pequot Private Equity Fund IV

Gene Resnick, MD Named Chief Medical Officer of IT&E International Group

SAN DIEGO, CA, IT&E International Group (ITER), today announced that Gene Resnick, MD has been appointed Vice President, Chief Medical Officer as the company joins with Millennix, Inc. to form the next generation CRO (Clinical Research Organization). Peter Sollenne, IT&E International Group CEO, said, “Dr. Resnick is a recognized expert in drug development, oncology, and

CorVu Partners With ExecuEdge, Strengthening CorVu’s Business Intelligence Solutions

CorVu Corporation (CRVU), the innovative provider of Performance Management software solutions, has partnered with ExecuEdge LLC. This partnership brings additional strength to the CorVu solution by navigating companies through the entire strategy life cycle. CorVu software solutions, together with consulting services from ExecuEdge, will help organizations integrate all disciplines critical for strategy formulation and execution.

Allegiant Air Announces New Non-Stop Air Service to Orlando, $59 Fares

Low-cost airline and ComVest Portfolio Company, Allegiant Air today announces new, nonstop jet service to the fun and sun of Orlando, Fla. The low-fare carrier will celebrate the convenient new service to the Sunshine State, with introductory fares as low as $59* each way, when booked at The self-proclaimed “Official Airline for Sunshine” will

ComVest Sells Commerce One to Perfect Commerce, A Leading Provider of SRM Solutions

Perfect Commerce, Inc., a leading provider of world-class Supplier Relationship Management (SRM) solutions and The Open Supplier NetworkSM (The OSNSM), today announced it has acquired Commerce One, LLC, a leading e-commerce solutions provider. Commerce One pioneered e-commerce by bringing suppliers and buyers together over the Internet. With the acquisition, Perfect Commerce secures complete ownership of

CorVu Reports Strong Second Quarter Results

Revenues of $4.2 million, up 26% from the same period last year; Operating income of $0.4 million versus operating loss of $1.1 million last year MINNEAPOLIS, Jan. 19 CorVu Corporation (CRVU), an innovative provider of Performance Management software solutions, today announced financial results for the second quarter ended December 31, 2005 of its fiscal year