LMC Software Solutions Awarded Ben Franklin Technology Partners Funding

MORGANTOWN, Pa., May 4 /PRNewswire/ -- LMC Software Solutions LLC, a provider of software support solutions for enterprise systems, has been approved for funding from the Ben Franklin Technology Partners of Northeastern Pennsylvania. LMC will use the monies to support its general business operations and continue its targeted sales effort.

Fran Connolly, founder and Chief Executive Officer of LMC, views the funding as a big vote of confidence. "Ben Franklin's due diligence process is very strict," says Mr. Connolly. "Their approval signals confidence in LMC's Enterprise Technical Support Center application (ETSC) and LMC's ability to deliver." Mr. Connolly is a recognized leader in the area of customer support, having previously run large, global, mission-critical support operations at Siemens, Matlack, and Westinghouse.

LMC's ETSC application delivers next-generation support solutions for enterprise system users. ETSC works across existing legacy systems, extending their native tools, and resolving problems in an integrated way.  24/7 monitoring and log trails are built in, providing complete audit and compliance functions. The integrated approach helps support teams more efficiently manage people-related processes and resolve issues in less time.  

Rick Bunker, CTO of ICG Commerce and LMC customer explains, "The LMC system is of particular interest to software companies, outsource support companies, and traditional IT shops. All of these organizations contend with stringent Service Level Agreements for availability and issue resolution. LMC is positioned exactly to help in these areas.  Additionally the company has been great to work with."

Another contributing factor to the funding award is the opportunity for LMC to bring jobs to Berks County. Ben Franklin's Greater Reading Regional Manager, Connie Faylor, says, "We were impressed with LMC's well-formulated business plan and experienced management team. We see the company as having great potential to create highly paid, sustainable technology jobs."

Funding is not all LMC will receive from Ben Franklin.  LMC investor and advisor, Jeremy Coote, notes the great value the company will realize from the Ben Franklin Solutions Network of business and technology advisors. Mr. Coote, CEO of InterComponentWare Inc. and former President of SAP America says, "LMC has developed a solution that will greatly benefit a range of companies that provide or require sophisticated support operations.  The Ben Franklin network will help accelerate LMC's commercialization process and the proliferation of its technology."

About LMC Software Solutions LLC

LMC Software Solutions creates products and services that address the complex support issues that companies face today in deploying and supporting critical business enterprise applications.  LMC utilizes the latest technologies to enable its customers to achieve the highest availability at the lowest possible cost of ownership. LMC's Enterprise Technical Support Center offers a standard support framework of tools and services that can be tailored to meet the specific enterprise application requirements in most major industries. Online at www.lmcsoftwaresolutions.com.

About the Ben Franklin Technology Partners of Northeastern Pennsylvania

The Ben Franklin Technology Partners of Northeastern Pennsylvania is part of a statewide economic development initiative that links companies with business and technical experts, colleges and universities, and funding.  The organization's strategy encompasses three key areas: developing early-stage, technology-oriented companies; helping established manufacturers creatively apply new technologies and business practices; and promoting an innovative community-wide infrastructure that fosters a favorable business environment for high-growth companies. Online at www.nep.benfranklin.org.

SOURCE LMC Software Solutions LLC

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