`Co. Acts as Exclusive Financial Advisor to 3am Labs
`
`Business Wire
`
`November 16, 2004 Tuesday 7:00 AM GMT
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`Copyright 2004 Business Wire, Inc.
`
`Distribution: Business Editors
`
`Length: 406 words
`
`Dateline: BOSTON Nov. 16, 2004
`
`Body
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`McNamee Lawrence & Co., an international investment bank serving growth-oriented technology companies,
`announced today that 3am Labs has completed a $10 million Series A financing with McNamee Lawrence & Co.
`(MLC) acting as the exclusive financial advisor on the transaction.
`
`MLC helped originate and execute the financing for 3am Labs, whose international consortium of investors includes
`Prism Venture Partners of Westwood, MA, 3TS Venture Partners of Budapest, Hungary and Integral Capital
`Partners of Menlo Park, CA. This investment will be used to expand the company's sales and marketing efforts and
`to develop its product line. 3am Labs markets the award-winning RemotelyAnywhere and LogMeIn products.
`
`As part of the financing process, 3am Labs relocated its headquarters from Budapest, Hungary to Woburn, MA.
`
`"We are pleased to have worked with MLC, who provided us with excellent strategic insight during the financing
`process and with transaction expertise that helped us get the deal done," said Michael Simon, CEO, 3am Labs.
`
`According to Woody Benson, general partner at Prism Ventures and new board member of 3am Labs, "MLC was
`very helpful in originating this unique opportunity. Given the expected growth in the software market for remote
`access computing infrastructure, we are very excited about 3am Labs' prospects and believe the team will achieve
`great success."
`
`"We are proud to have worked with 3am Labs and to have helped them raise the capital that will fuel their next
`stage of growth," said Giles McNamee. "We believe that this financing is just one of many opportunities for US
`investors to reach out to European technology companies."
`
`About McNamee Lawrence
`
`Founded in 2002, MLC provides financial advisory services to growth-oriented technology companies throughout
`Europe and the United States. With Boston and London offices, the company advises companies on private
`placements and M&A opportunities, delivering exceptional client service and
`transactional capabilities.
`www.mlcllc.com.
`
`About 3am Labs
`
`3am Labs develops and markets innovative remote control, productivity, management and security products that
`serve mobile professionals and system administrators with a suite of SSL, TLS and SSH-encrypted products. Its
`brands include the LogMeIn service and the RemotelyAnywhere line of software. www.3amlabs.com.
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`3am Labs Announces $10 Million Series A Financing; McNamee Lawrence & Co. Acts as Exclusive Financial
`Advisor to 3am Labs
`
`CONTACT: MLC Contacts: Giles McNamee (Boston), 617-638-2601 or Seth Schelin (London), +44 207 763 7158
`
`http://www.businesswire.com
`
`Load-Date: November 17, 2004
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`End of Document
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