FOR IMMEDIATE RELEASE

June 4, 2012

Contact:
Michele Hujber
732-418-7970
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NJBIN Welcomes SorinRand LLP as Diamond Sponsor

Camden, NJ—The New Jersey Business Incubation Network (NJBIN) welcomes SorinRand LLP as Diamond Sponsor. The sponsorship signals a collaborative arrangement between NJBIN and SorinRand that will enable NJBIN to more effectively deliver on its mission of supporting startup companies while offering SorinRand visibility and access to the more than 500 companies that are housed in New Jersey business incubators.

“We are thrilled to have SorinRand as a Diamond Sponsor of our organization,” said Suzanne Zammit, president of the New Jersey Business Incubation Network. “NJBIN is built upon the belief that collaboration with others whose mission is to help startup companies is one of the best ways to support business growth in our state. Together we can help early-stage and expansion-stage companies receive critical support services they need in order to thrive.”

David J. Sorin, Managing Partner of SorinRand said, “SorinRand is delighted to become Diamond Sponsor of the NJBIN. We have long recognized the important work of New Jersey’s incubators, especially in the technology and life science sectors integral to the state’s economy. NJBIN ensures that each of the state’s incubators and the entrepreneurs and young enterprises that comprise them have access to each other and to a national network. As Diamond Sponsors, we hope to assist incubator companies to achieve their commercialization and growth strategies.”

As a Diamond Sponsor, SorinRand will gain visibility among the more than 500 companies affiliated with NJBIN incubators, be invited to make educational presentations to companies located in the incubators, display their logo on the NJBIN homepage, and receive four quarter-page ads in the quarterly NJBIN-NBIA chapter newsletter. The newsletter is mailed to state and federal legislators and an electronic version is distributed to NJBIN’s network of companies, investors, professional service providers and stakeholders within public institutions and private organizations that support the entrepreneurial community.

About SorinRand

SORINRAND LLP, with offices in East Brunswick, N.J., New York City, and Radnor, Pa., focuses on start-up, early-stage, emerging-growth and middle-market sector technology, software, communications, marketing/communications, Internet, alternative energy and clean-tech, nanotechnology, biotechnology, medical devices and other life sciences enterprises, as well as the financial institutions, investors, directors, and executives who support and lead them. For more information, visit www.sorinrand.com.

About the New Jersey Business Incubation Network

In partnership with the National Business Incubation Association, NJBIN offers access to a national network of best practices for business incubators, which helps to maximize the number of successful startups in New Jersey and offers increased federal and state support for business incubators. New Jersey's incubators make measurable contributions to the state's economy through their support of businesses, primarily in technology and life science sectors. In 2010, the more than 460 client companies supported by NJBIN incubators created/retained over 1,800 higher paying jobs, generated revenues of $154 million, brought $91 million in 3rd party funding to New Jersey, and graduated 54 self-sustaining companies. Visit the NJBIN website to learn more at www.njbin.org.

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