Mediaboss Marketing

TARRYTOWN, N.Y., May 8, 2012 /PRNewswire/ --Regeneron Pharmaceuticals, Inc. (REGN) and Bayer HealthCare today announced that Bayer's Japanese subsidiary, Bayer Yakuhin, Ltd. ("Bayer Yakuhin"), and Santen Pharmaceutical Co., Ltd."Santen"entered into a co-promotion agreement for EYLEA (aflibercept) Injection in Japan. As previously announced, Bayer Yakuhin has submitted an application for marketing authorization to the Ministry of Health, Labor and Welfare (MHLW) for EYLEA for the treatment of neovascular age-related macular degeneration (wet AMD).

"With this agreement and upon marketing authorization, a newly formed Bayer Yakuhin ophthalmology field force and Santen, the leading ophthalmology company in Japan, will promote EYLEA," said Sebastian Guth, President & CEO of Bayer Yakuhin, Ltd. "We expect that the combined resources of the two companies will allow EYLEA to achieve a broader and faster reach into the Japanese ophthalmology community and potentially benefit a greater number of patients."

Bayer and Regeneron have also amended their existing global license and collaboration agreement for EYLEA to convert the 50/50 profit share for Japan into a royalty arrangement that approximates the economics of the profit split. In certain specified circumstances, the royalty may revert to a profit share arrangement.

EYLEA is approved for sale in the United States for the treatment of wet AMD and marketing approval has also been granted in Australia. Bayer HealthCare has submitted applications in Europe and other countries and has initiated a Phase 3 clinical study for wet AMD in China. Beyond the wet AMD indication, EYLEA is in Phase 3 clinical studies for the treatment of diabetic macular edema (DME), myopic choroidal neovascularization (mCNV), and branch retinal vein occlusion (BRVO). Regeneron has filed an sBLA for EYLEA in central retinal vein occlusion (CRVO) in the United States, and has been granted a Prescription Drug User Fee Act (PDUFA) date of September 23, 2012.

Bayer HealthCare and Regeneron Pharmaceuticals, Inc. are collaborating on the global development of EYLEA. EYLEA was approved in the United States for the treatment of wet AMD in November 2011. Regeneron maintains exclusive rights to EYLEA in the United States. Bayer HealthCare owns the exclusive marketing rights outside the United States, where the companies will share equally the profits from any future sales of EYLEA, except for Japan where Regeneron will receive a royalty on net sales.

About EYLEA (aflibercept) Injection For Intravitreal InjectionVascular Endothelial Growth Factor (VEGF) is a naturally occurring protein in the body. Its normal role in a healthy organism is to trigger formation of new blood vessels (angiogenesis) supporting the growth of the body's tissues and organs. However, in certain diseases, such as wet age-related macular degeneration, it is also associated with the growth of abnormal new blood vessels in the eye, which exhibit abnormal increased permeability that leads to edema. Scarring and loss of fine-resolution central vision often results.

EYLEA (aflibercept) Injection, known in the scientific literature as VEGF Trap-Eye, is a recombinant fusion protein, consisting of portions of human VEGF receptors 1 and 2 extracellular domains fused to the Fc portion of human IgG1 and formulated as an iso-osmotic solution for intravitreal administration. EYLEA acts as a soluble decoy receptor that binds VEGF-A and placental growth factor (PlGF) and thereby can inhibit the binding and activation of these cognate VEGF receptors.

IMPORTANT PRESCRIBING INFORMATIONIn the United States, EYLEA is indicated for the treatment of patients with neovascular age-related macular degeneration (wet AMD).

The recommended dose for EYLEA is 2 mg administered by intravitreal injection every four weeks (monthly) for the first 12 weeks (3 months), followed by 2 mg once every eight weeks (2 months). Although EYLEA may be dosed as frequently as 2 mg every four weeks (monthly), additional efficacy was not demonstrated when EYLEA was dosed every four weeks compared to every eight weeks.

IMPORTANT SAFETY INFORMATIONEYLEA is contraindicated in patients with ocular or periocular infections, active intraocular inflammation, or known hypersensitivity to aflibercept or to any of the excipients in EYLEA.

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Regeneron and Bayer Announce Co-Promotion Agreement With Santen For EYLEA® (aflibercept) Injection in Japan

SANTA MONICA, Calif.--(BUSINESS WIRE)--

Demand Media, Inc. (NYSE: DMD - News), a leading content and social media company, today reported financial results for the quarter ended March31, 2012 and raised its previously issued fiscal 2012 financial guidance.

Driven by continued growth across our businesses, our first quarter revenue exceeded our seasonally strong Q4 2011 results, said Richard Rosenblatt, Chairman and CEO of Demand Media. We are pleased with our first quarter results and remain focused on investing in our long-term growth initiatives, including enhancing the quality of our Owned & Operated properties, expanding our content distribution channels and partnerships, and pursuing new generic Top Level Domain opportunities.

(1)

(2)

Q1 2012 Financial Summary:

Our first quarter growth and significant free cash flow marks a great start for 2012, particularly in light of a tough year-over-year comparison due to early 2011 search algorithm changes, said Charles Hilliard, President and CFO. "Demand Media's increased guidance reflects our first quarter performance, our improved outlook for the remainder of 2012 and, for the first time in more than a year, a return to accelerating year-over-year revenue growth beginning in Q2."

Business Highlights:

(1) Source: comScore.

Operating Metrics:

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Demand Media Reports First Quarter 2012 Results and Raises Fiscal 2012 Guidance

ATLANTA--(BUSINESS WIRE)--

The leading payment solutions provider to independent software vendors, Capital Payments, LLC, is pleased to announce its new partnership with Camden Partners. The Baltimore-based private equity firm specializes in growing lower-to middle-market companies, with targeted domain expertise in the payment processing and business service space.

Camden Partners will lead the growth financing at Capital Payments, LLC which includes CCA Financial Partners, Hamilton Investment Partners, and senior management team members. Providing management consulting and financial services support, this growth investment and majority recapitalization will enable Capital Payments to accelerate software development and increase its growth rate.

"Camden Partners has a long track record of providing private equity to innovative technology companies like Capital Payments," said John M. Perry, CEO of Capital Payments. "We saw a real fit between their investment strategy and our business model. We are excited to work with Camden Partners and bring Capital Payments to the next level."

"Capital Payments' focus on the independent software vendor market, experienced senior leadership team, and ability to deliver technology-enabled value added solutions to small businesses attracted Camden Partners to this opportunity," said Shane Kim, Partner at Camden Partners. "Camden thrives on serial relationships and our industry expertise within payment processing and 'software as a service' (SaaS) business models. In Capital Payments, we found a unique opportunity to capitalize on the rapid growth in SaaS while providing integrated IP based payment processing solutions." Shane Kim and Todd Sherman of Camden Partners will join Capital Payments Board of Directors following the investment.

In addition, Capital Payments recently completed the acquisition of an undisclosed payment gateway provider concurrent with the recapitalization.

About Capital Payments

Capital Payments, LLC is a leading provider of technology-enabled payment solutions to U.S. and Canadian merchants. Capital Payments provides debit/credit card acceptance, ACH processing, recurring and subscription billing, electronic check acceptance and more. Capital Payments works with leading Independent Software Vendors (ISVs) in a variety of industries to bundle payment processing with their software offerings, enhancing product value and increasing customer satisfaction. Capital Payments, headquartered in Atlanta, Georgia, is led by a management team with decades of payment processing experience and has additional offices in New York and Chicago. Learn more about Capital Payments at http://www.capitalpayments.com

About Camden Partners

Camden Partners, founded in 1995, operates private equity funds that provide growth capital to emerging companies in the Technology-Enabled Business Services, Healthcare and Education sectors. For more information, please go to http://www.camdenpartners.com.

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Capital Payments, LLC Welcomes Camden Partners as Growth Financing Partner

Straban Township is moving closer to using eminent domain to obtain a right of way necessary for the construction of a shopping center with a Walmart Supercenter east of Gettysburg.

Township Solicitor Walton Davis was authorized Monday evening to begin eminent domain proceedings, including calling appraisers and coordinating legal efforts with the development team planning the Gettysburg Crossing shopping center.

Davis was authorized by a unanimous vote from the township supervisors.

"Just so everybody knows, this isn't something we like. But it's where we are right now," said Supervisor Sharon Hamm.

Shopping center developers have been unable to reach an agreement to acquire a right of way with one commercial property owner in the area of Shealer Road and Route 30. They've declined to identify the holdout property.

The rights of way are necessary for road improvements, such as the expansion of Route 30, to support increased traffic brought about by the Walmart Supercenter and other retailers.

Such improvements include adding eastbound and westbound lanes on Route 30 and fall under the supervisors' capital-improvement plan to enhance municipal roads. The supervisors have said they would use eminent domain as a last resort to ensure the work is completed.

The supervisors vote, though, did not actually seize the land. That will require the adoption of a "declaration of taking," which would be the next step in the

"What this does do is allow me to research the properties that maybe have not yet come to an agreement," Davis explained.

If negotiations continue to stall, the township will then be forced to adopt a declaration of taking, Davis said.

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Straban Township moves closer to eminent domain

PORT ST. LUCIE, Fla.--(BUSINESS WIRE)--

Digital Domain Media Group (NYSE: DDMG - News) has completed a $35 million senior convertible note offering to a group of institutional investors led by Tenor Capital and issued an $8 million subordinated convertible note to Comvest Capital to refinance existing debt held by Comvest Capital. These transactions retired existing senior notes that would otherwise have been due in 2012.

We are obviously pleased to complete this transaction, which represents an attractive refinancing and reduction of our near-term debt obligations, and importantly also comes with a group of high-quality institutional investors, said John Textor, chairman and CEO of Digital Domain Media Group. It also provides us with capital to pursue additional feature film co-production opportunities as we continue move our business to a model driven by ownership of the content that we create.

The new senior convertible notes are convertible into the companys common stock at an initial conversion price of $9.72 per share, mature in five years and carry an interest rate of nine percent. The investors in the senior convertible note offering also received warrants to acquire 1.26 million shares of the companys common stock at an initial exercise price of $9.72 for a term of five years. The new subordinated convertible note issued to Comvest Capital replaces an existing convertible note held by Comvest Capital that was originally issued in 2009 and is convertible into substantially the same number of shares of the companys common stock as the original note. The new Comvest note also reduced the companys fixed repayment obligations from $16 million due later this year under the original note to $8 million due in mid-2016.

Of the gross proceeds received by the company in the senior convertible note offering, $19.4 million will be used to retire the balance of other loans held by Comvest Capital that were also due later this year and $2.5 million will be used to retire existing warrants owned by Comvest Capital. The remaining $13 million will be available for general corporate purposes. The new senior convertible notes will amortize monthly over their five-year term, with payments made in the form of common stock of the company. A summary of the some of the material terms of the transaction documents can be found in the Current Report on Form 8-K filed by the company with the Securities and Exchange Commission.

Cowen and Company acted as the Sole Placement Agent for the senior convertible note offering. Sullivan & Triggs, LLP and Eavenson & Kairalla, PL acted as legal advisers to DDMG. The investors in this offering included affiliates of Tenor Capital (with backing from a major investment bank), Hudson Bay Capital, and Empery Capital.

About Digital Domain Media Group

Digital Domain Media Group (DDMG: NYSE) leverages its expertise in digital visual effects (VFX) and computer-generated (CG) animation across a group of interrelated businesses. At its foundation is Digital Domain Productions (DDPI), an award-winning digital production company founded in 1993. This leading provider of visuals has contributed to more than 90 major motion pictures, including Titanic, the Transformers series, Real Steel and TRON: Legacy, as well hundreds of commercials. DDPI also converts two-dimensional (2D) imagery to three-dimensional (3D) imagery and holds key patents in this area. Mothership, a DDPI subsidiary, focuses on creating advertising, entertainment and branded content from concept to completion, across multiple media platforms. DDMG, its work and its employees have been recognized with numerous awards, including seven from the Academy of Motion Picture Arts and Sciences. The company is building on its success in VFX to participate as a co-producer in major studio productions and is currently in production on the upcoming live-action sci-fi feature film Enders Game. DDMG is also applying its CG expertise to produce original, family-friendly animated feature films at its subsidiary Tradition Studios. The first movie, The Legend of Tembo, is in pre-production and two more features are in development. The companys education subsidiary, the Digital Domain Institute, sets a new standard in digital media education through a pioneering public-private partnership with The Florida State University College of Motion Picture Arts. DDMG is expanding its worldwide footprint of the highest quality visual effects and animation at the lowest possible cost through global partnerships in India and China. The company has studios in Los Angeles, San Francisco, Florida, Vancouver, Mumbai and London, and is currently establishing a studio in Beijing. http://www.ddmg.co

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Digital Domain Media Group Closes $35 Million Financing