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To: Glenn Petersen who wrote (50044)	6/3/2009 6:26:02 PM
From: stockman_scott	Respond to of 56281

GTCR Forms Seismic Data Licensing Co. _______________________________________________________________ June 2nd, 2009 -- GTCR has committed $150 million in equity to support the formation of ReSurge Ltd., a Calgary, Alberta-based seismic data licensing company based in Western Canada. The company will be run by Ken MacDonald, former president and CEO of Pulse Data Inc. (TSX: PSD). PRESS RELEASE GTCR, one of the leading private equity firms in North America, today announced it has entered into a partnership with Ken MacDonald to form ReSurge Ltd. ReSurge, headquartered in Calgary, Alberta, will focus on creating a leading seismic data licensing company in Western Canada. GTCR plans to invest up to $150 million of equity capital to support management’s strategy. Mr. MacDonald will serve as Chief Executive Officer of ReSurge. Ken MacDonald, a 35-year seismic industry veteran, is the co-founder and former President and Chief Executive Officer of Pulse Data, Inc. (TSX: PSD), a seismic data licensing company providing 2D and 3D seismic data. Under Mr. MacDonald’s leadership, Pulse grew from a small joint venture to a leading company with the second largest seismic data library in Canada. During Mr. MacDonald’s tenure as President and CEO, free cash flow grew from less than C$1 million to over C$25 million primarily through selective data acquisitions. Ken will be joined by two well respected industry veterans in this partnership: David Smiddy, Vice President of Finance and CFO; and Andy Vernon, Vice President of Sales & Marketing. Both individuals worked with Ken at Pulse and were instrumental in the success of that company. Mr. Smiddy is a senior executive with broad hands-on financial and operational management experience. He has a proven history of successfully executed business strategies and has been in the Canadian seismic and oil and gas industry for 27 years. Mr. Vernon has extensive sales, marketing and planning experience and has earned an excellent reputation in the Canadian seismic industry over the past 25 years. “I am excited to have this opportunity to build a successful seismic data company,” said MacDonald. “The current economic environment presents certain challenges to seismic data companies but also creates many opportunities. I have known GTCR for a number of years and I firmly believe they will be the ideal partner for creating this leading platform. I am also looking forward to the opportunity to work with Dave and Andy again as we build another successful company.” “We have known Ken since his time at Pulse and we have tremendous respect for what he was able to do with that business,” said Phil Canfield, a Principal at GTCR. “Ken showed that he is capable of creating a leading seismic data library and we think his track record of emphasizing measured growth through selective, high-quality acquisitions makes him well suited to execute his plan.” “Ken is highly regarded in the industry and his reputation and relationships will be critical to building the ReSurge platform,” added GTCR Vice President Mark Anderson. “Ken has experience growing a data library during uncertain periods and we believe the current environment will afford attractive opportunities. We are excited to partner with Ken to replicate his past success.” About ReSurge Ltd. ReSurge Ltd, headquartered in Calgary, Alberta, is a company focused on acquiring and licensing seismic data assets in Western Canada. For more information about ReSurge contact: Ken MacDonald: Phone (403) 457-5839 or email Ken.MacDonald@ReSurgeLtd.com About GTCR Founded in 1980, GTCR Golder Rauner, LLC is a private equity investment firm and long-term strategic partner for outstanding management teams. The Chicago-based firm pioneered the investment strategy of identifying and partnering with exceptional executives to acquire and build companies through a combination of acquisitions and strong internal growth. GTCR currently manages more than $8 billion of equity capital invested in a wide range of companies and industries. More information about GTCR can be found at gtcr.com.

To: Glenn Petersen who wrote (50044)	6/3/2009 8:50:38 PM
From: Lizzie Tudor	Read Replies (4) \| Respond to of 56281

hmm. You know, honestly I don't see this with the companies I work with- quite the opposite in fact. By agreeing not to hire away top talent, the companies could be stifling competition and trying to maintain their market power unfairly, antitrust experts said. This seems to be saying that Google won't hire top engineers from Yahoo because there is an "agreement" har har har. The one place where I could, repeat COULD see this happening is between GOOG and AAPL, and one might say that is because Schmidt is on the aapl board. But the rationale there could be that the two companies don't want to disrupt each others sphere of influence, with a higher objective of squeezing out the real enemy, MSFT. of course one particular engineer who wants to leave GOOG for AAPL might see it differently. But generally, these companies out here will eat each others young on the hiring front. Personally I think that starting with the stock options prosecutions, the feds concluded (correctly) that this is a bunch of good old boys out here who do what they want, and the feds don't like it. Its true that companies out here call themselves kieretsu members, and these "partnerships" emerge where company X who was funded by VC Y will suddenly standardize on some obscure accounting software developed by another company funded by VC Y. Thats the model, its very close in. But I doubt they make much hay with this prosecution unless there is something I don't know about. If you are a good enough engineer and Cisco wants you, it doesn't matter where you came from for even one second.

To: Glenn Petersen who wrote (50044)	6/12/2009 11:07:01 AM
From: stockman_scott	Respond to of 56281

Echo Global Logistics Adds On _____________________________________________________________ Echo Global Logistics Inc., a Chicago-based business process outsourcing company focused on transportation and logistics, has acquired Raytrans Distribution Services Inc., a transportation brokerage firm based in Matteson, Illinois. No financial terms were disclosed. Echo Logistics is in registration for a $100 million IPO, and had raised a $17.4 million venture round in 2006 led by New Enterprise Associates (15.4% pre-IPO ownership stake). PRESS RELEASE June 11th, 2009 -- Echo Global Logistics, Inc., a technology-driven transportation management firm, has acquired Raytrans Distribution Services, Inc., a transportation brokerage firm based in Matteson, Illinois. James Ray, Jr. founded Raytrans Distribution Services in 2000. Raytrans’ network of skilled transportation professionals and carriers specialize in flatbed, over-sized, auto-haul and other specific services as well as traditional dry van brokerage. Effective immediately, Raytrans Distribution Services will begin doing business as Echo Global Logistics, Inc. “We are enthused about the value that the partnership between Echo and Raytrans will deliver to our clients,” said Doug Waggoner, Chief Executive Officer of Echo Global Logistics. “Echo will benefit from Raytrans’ focus and additional scale, while the Raytrans operation will gain from Echo’s technology and mode diversification.” “We are excited to join the Echo team,” said James Ray, Jr., who will continue as General Manager of the Raytrans Division of Echo Global Logistics. “The Raytrans’ specialization and carrier base in combination with Echo’s technology enabled procurement capabilities and additional modes of transportation will yield significant customer benefits.” About Echo Global Logistics, Inc. Privately-held Chicago-based Echo is a technology-driven transportation management outsourcing firm which helps clients reduce their transportation spend. Echo’s enterprise and transactional clients range from small businesses to Fortune 100 companies. Echo’s transportation management solutions deliver cost savings through proprietary access to unparalleled transportation market data, custom-built world-class technology, a “best cost” global labor platform, an extensive nationwide network of carriers, and buying leverage resulting from the aggregated spend on behalf of Echo’s clients. For more information on Echo, visit: echo.com.

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