Recent Announcements

FOR IMMEDIATE RELEASE

Sermo Closes $3 Million in Series A Round Funding From Longworth Venture Partners

Investment to Fuel Growth of Unprecedented Online Community for Physicians

Cambridge, Mass., September 26, 2006 - Sermo, the fastest growing online community created by physicians, for physicians, today announced the closing of a $3 million in total Series A round of funding from Longworth Venture Partners. The funding supports the rapid growth of Sermo's revolutionary system that enables physicians nationwide to discuss observations and unanswered clinical questions from their daily practice, challenging or corroborating each other's opinions in order to improve patient care. (see today's related Sermo Online Physician Community Launches news release for further details).

"Sermo has opened a door to a whole new way of surfacing important events and trends in medicine," said Paul Margolis, Partner, Longworth Venture Partners and member of the Sermo board of directors. "We are very enthusiastic about this investment - it's clear from the rapid adoption of Sermo during its pilot phase that this community is something physicians have long awaited. There is no doubt that Sermo will successfully fill a void in the current healthcare market."

Sermo leverages new social networking, prediction markets and information arbitrage technologies, to deliver an easy-to-use solution that empowers physicians like no other. Sermo's business model is unique in that it financially rewards physicians who contribute their astute observations and clinical insights to the community and, at the same time, provides government health organizations, fund managers and analysts with access to real-time, actionable data that is customized to their specific interests. Ultimately, Sermo has created an entirely new information exchange for improving patient care.

"We knew we were on to something when we started to see thousands of registrations flow in during our pilot testing, but now we know this is just the tip of the iceberg," said Founder and CEO, Daniel Palestrant, MD. "We have tapped into pent up demand among physicians to share and benefit from each other's insights. As Sermo harnesses the power of social networking technology and applies it to a financially astute business model, we have created a paradigm shift in how new ideas in medicine are surfaced and investigated."

About Longworth Venture Partners
Longworth Venture Partners is a Boston-based venture capital firm that invests in early-stage software, internet and media companies. For over twenty years, the Longworth team has founded, built and led investments in some of the most innovative and successful technology companies. The firm combines a proven track record of entrepreneurial and operating success with top venture investing performance to support entrepreneurs in building the next generation of technology leaders. For more information go to www.longworth.com.

About Sermo
Founded in 2005 and introduced during a pilot phase in July 2006, Sermo is already the fastest growing online physician community. Its Web-based platform provides a medium for physicians to aggregate observations from daily practice then - rapidly and in large numbers - challenge or corroborate each other's opinions, accelerating the emergence of trends and new insights on medications, devices and treatments. Through Sermo, physicians exchange knowledge with each other the minute it is learned, and gain insights from colleagues as they happen instead of waiting to read about them in conventional media sources. Sermo harnesses the power of collective wisdom and enables physicians to discuss new clinical findings, report unusual events, and work together to dramatically impact patient care. For more information visit www.sermo.com.

Press Contact:
Chris Perkett or Heather Mosley
PerkettPR for Sermo
P: 781-834-5852 or 415-384-0113
E: sermo@perkettpr.com

Mira Genser for Longworth Venture Partners
P: 617-513-7020
E: mira@mgresults.com