“I am very excited to join Fountain and to work with Tom to continue to build on the company’s success,” said John Van Hooser.  “In my years as an equity investor, I have had first hand exposure to the challenges growth and venture stage companies face when it comes to financing meaningfully sized capital equipment purchases.  In recent years I witnessed Fountain’s ascension as a go-to source of equipment financing for equity sponsors and management teams in the communications sector based on its customer centric culture and ability to customize terms to fit clients’ needs without requiring warrants, covenants or additional security; terms that are complimentary to existing equity and debt partners alike.”

Fountain Partners has successfully invested two equipment leasing funds and is near the end of its fund raising for its third fund.  Since 2006 Fountain has been exclusively focused on the needs of businesses that are generating cash losses from operations as they ramp development or expand sales rapidly.  Despite the economic chaos of 2008 and 2009, Fountain has had only one surprise lease default.

“John has been a highly regarded investor not only for being astute in his business judgments but for being an individual that CEO’s and other equity managers respect for his integrity, fairness and effectiveness,” said Tom Carter.  “The partnership is fortunate and proud to have John as a Managing Partner of its funds.”

In addition to M/C Venture Partners, John Van Hooser was an investment professional at J.P. Morgan Capital and prior to that held positions at The Walt Disney Company and Bain and Company.  John is a graduate of Harvard Business School and Dartmouth College.  John will work from Fountain Partners’ San Francisco office.

About Fountain Partners

Fountain Partners is a trusted funding source specializing in equipment leasing for venture, growth and expansion stage businesses throughout the United States of America.   By focusing on financing fixed assets, the San Francisco-based investment firm can complement any existing debt or equity capital structure and do so without requiring equity enhancements or blanket liens. Fountain Partners considers investments in companies at any stage, from pre-revenue to large publicly traded companies sourced from a broad network of entrepreneurs, angel investors, venture capitalists, interim CFOs, equipment leasing brokers, venture debt funds and other traditional and non-traditional lenders and equipment leasing companies. For additional information, please visit www.fountainpartners.com or contact Stephanie Breslin by e-mail at s.breslin@fountainpartners.com or by phone at 650-248-9590.

FOR IMMEDIATE RELEASE — February 2, 2010 — Lewisville, TX — CareView Communications, Inc. (“CareView” or the “Company”)(Pink Sheets: CRVW), an information technology provider to the healthcare industry, announced today that it executed a $5 million Lease Line of Credit provided by Fountain Partners of San Francisco (”Fountain”). Under this lease line, CareView will lease installed CareView Systems™ from Fountain and will repay the draws on the lease line over a period of three years.

“CareView has established a valuable risk management system for hospitals and Fountain Partners is pleased to take a leadership position in financing the company’s growth,” said Fountain’s founder and managing partner Tom Carter.

The CareView System™ is a suite of products that brings the information technology of the 21^st century directly to patients, families and healthcare providers by connecting them through one easy-to-install and simple-to-use system. This collaboration will allow the hospitals and other healthcare facilities to provide:

• The ability to implement audit tools to ensure that quality standards are being adhered to, safety measures are being complied with, as both can be used to further educate caregivers to continually enhance quality and safety for their patients.
• Doctors, nurses and other healthcare providers with the ability to efficiently and cost-effectively monitor, treat and visit their patients.
• Family members and friends with the ability to use the Internet to monitor, visit, and correspond with their loved ones who are patients.
• Patients and their visitors with direct access to on-demand high-speed Internet and first run movies in    their rooms.

“With each CareView System™ costing approximately $1,000 per unit, the funding of Fountain’s lease line will provide us with the ability to continue our rapid roll out of the CareView System™ in hospitals throughout the United States,” stated Samuel A. Greco, CareView’s Chief Executive Officer.

Steve Johnson, President of CareView added, “Fountain Partners is providing CareView capital for growth without the degree of dilution our shareholders would incur with an equity placement.  We were attracted to Fountain because of their expertise in our industry and knowledge of our product’s potential.  We are very pleased that Fountain reached out to us and took the time and effort to understand our Company and the CareView System™.”

About CareView Communications, Inc.

CareView has created a proprietary high-speed data network system that can be deployed throughout a healthcare facility using the existing cable television infrastructure.  This network supports CareView’s Room Control Platform (RCP) and complementary suite of software applications designed to streamline workflow and improve value-added services offered to customers.  Real-time bedside monitoring and point-of-care video monitoring and recording improve efficiency while limiting liability, and entertainment packages and education enhance quality of stay.  This technology may also act as an interface gateway for other software systems and medical devices moving forward.  CareView is dedicated to working with all types of hospitals, nursing homes, adult living centers and selected outpatient care facilities domestically and internationally.  Corporate offices are located at 405 State Highway 121 Bypass, Suite B-240, Lewisville, Texas, 75067. Questions may be directed to John R. Bailey, Chief Financial Officer at (972) 943-6050. More information about the Company is available on the Company’s website at www.care-view.com.

About Fountain Partners

Fountain Partners is a trusted funding source specializing in equipment leasing for venture, growth and expansion stage businesses throughout the United States of America.   By focusing on financing fixed assets, the San Francisco-based investment firm can complement any existing debt or equity capital structure and do so without requiring equity enhancements or blanket liens. Fountain Partners considers investments in companies at any stage, from pre-revenue to large publicly traded companies sourced from a broad network of entrepreneurs, angel investors, venture capitalists, interim CFOs, equipment leasing brokers, venture debt funds and other traditional and non-traditional lenders and equipment leasing companies. For additional information, please visit www.fountainpartners.com or contact Stephanie Breslin by e-mail at s.breslin@fountainpartners.com or by phone at 650-248-9590.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy securities of CareView Communications, Inc. Certain statements in this release and other written or oral statements made by or on behalf of the Company are “forward looking statements” within the meaning of the federal securities laws.  Statements regarding future events and developments and our future performance, as well as management’s expectations, beliefs, plans, estimates or projections relating to the future are forward-looking statements within the meaning of these laws.  The forward-looking statements are subject to a number of risks and uncertainties including market acceptance of the Company’s services and projects and the Company’s continued access to capital and other risks and uncertainties. The actual results the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties.  These statements are based on our current expectations and speak only as of the date of such statements.  The Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of future events, new information or otherwise. ]]> http://fountainpartners.com/2010/02/careview-fountain-partners-announce-5m-lease-line-of-credit/feed/ 0 http://fountainpartners.com/2009/10/fountain-partners-provides-equipment-lease-financing-to-sustainable-spaces-inc/ http://fountainpartners.com/2009/10/fountain-partners-provides-equipment-lease-financing-to-sustainable-spaces-inc/#comments Tue, 13 Oct 2009 08:00:47 +0000 Tom http://fountainpartners.com/?p=274 FOUNTAIN PARTNERS PROVIDES EQUIPMENT LEASE FINANCING TO SUSTAINABLE SPACES INC.

Innovative funding solution enables fast-growing company to build out infrastructure without depleting capital or diluting equity

SAN FRANCISCO, CA – October 13, 2009 – Fountain Partners, a leader in equipment leasing financing for venture stage and hyper growth companies, announced today that it has partnered with Sustainable Spaces Inc. (SSI), a nationally recognized home energy efficiency and home performance consultancy, to provide them with a round of equipment lease financing. The capital infusion will enable SSI to continue to aggressively invest in its infrastructure and answer the increasing demand for its services.

Prior to working with Fountain Partners, SSI primarily paid cash for its capital equipment needs. Many purchases were small and spread out over time, but in aggregate, they became a significant use of precious equity capital. Through Fountain Partners, SSI was able to take back cash provided from its prior venture capital round of equity financing and match funding of its assets with fixed-rate capital.

“Fountain Partners brought a fresh perspective to how we could finance our business without giving up equity or requiring a blanket lien on all of our assets,” says SSI CEO Pratap Mukherjee. “They closely examined our business and market position and made a decision quickly that provided us with a flexible sale-leaseback option to help recoup the operating cash needed to expand our business and stay ahead of market demand.”

Providing sale and leaseback financing for venture capital-backed companies is one of example of Fountain Partners ability and willingness to continue to fund businesses throughout the recent credit crunch. Acting as a partner committed to its clients’ success, Fountain provides customized equipment leasing solutions including equipment lease lines of credit to companies at all stages of growth from pre-revenue to profitable companies generating hundreds of millions in revenues.

“SSI has established itself as a leader in its field with high caliber management and board. They are a trusted consultancy for homeowners looking for ways to make their homes healthier, greener and more energy efficient,” says Tom Carter, principal, Fountain Partners. “We worked efficiently with SSI to maximize the cash value of their sale leaseback recognizing that the company has built a solid foundation and is well positioned for growth.”

About Fountain Partners

Fountain Partners is a trusted funding source specializing in equipment leasing for venture stage and hyper-growth businesses. By focusing on financing fixed assets, the San Francisco-based investment firm can complement any existing debt or equity capital structure and do so without requiring equity enhancements or blanket liens. Fountain Partners considers investments in companies at any stage, from pre-revenue to large publicly traded companies from a broad network of entrepreneurs, angel investors, venture capitalists, interim CFOs, equipment leasing brokers, venture debt funds and other traditional and non-traditional lenders. For additional information, please visit www.fountainpartners.com or
e-mail capital@fountainpartners.com.

About Sustainable Spaces

Based in San Francisco and founded in 2004, Sustainable Spaces is the leading provider of home performance services, helping homeowners and homebuilders create homes that are comfortable, healthy and energy efficient. A licensed general and solar contractor, the company specializes in home energy audits and green energy remodeling for existing homes. Sustainable Spaces applies building science to quantitatively analyze a home’s performance as a dynamic system, so as to tailor a solution to the client’s goals, budget, and priorities. The company has been recognized by the U.S. Green Building Council as the case study in their REGREEN Green Remodeling Best Practice Guidelines. For more information, please visit www.sustainablespaces.com.

Contact:         Stephanie Breslin

Fountain Partners

650.248.9590

s.breslin@fountainpartners.com