YourEncore Receives a Growth Equity Investment from Accel-KKR’s Structured Capital Fund to Accelerate Future Growth

INDIANAPOLIS and MENLO PARK, Calif., Oct. 25, 2011 /PRNewswire/ — YourEncore, a
leading provider of innovation solutions serving the research and development
needs of Global 500 customers, today announced it has received a strategic
growth equity investment from Accel-KKR, a leading technology focused private
equity firm.

Founded in 2003, YourEncore provides innovation solutions and related services
to help Global 500 customers navigate and solve complex research, development,
and commercialization challenges through a proprietary platform and online
innovation community of veteran scientific, engineering and technical subject
matter Experts. From its original foundation through a partnership with Procter
& Gamble, Eli Lilly and Company, the Boeing Company, and General Mills,
YourEncore has rapidly grown to serve Clients across the Pharmaceutical,
Biotechnology, Consumer Care, Food, and Aerospace industries throughout North
America, Latin America, Asia and Europe. YourEncore’s customer base includes 9
of the 12 largest Pharmaceutical companies, 4 of the 6 top Food companies, and 5
of the 8 largest Consumer Care companies.

The investment will be used to fund expansion and further deployment of the
Company’s pioneering business model, fuel continued growth of YourEncore’s high
profile Global 500 Clients and Expert base, and fund aggressive expansion of the
Company’s innovative proprietary technology and software, including an online
and on-demand community of veteran Experts.

“This is an exciting time in YourEncore’s history and a game-changing
partnership that provides us with the capital and thought leadership to
accelerate our strategic growth plan. Accel-KKR is a significant partner that
will help expand our unique business model of applying expertise from the
rapidly growing population of veteran Experts to help solve our Client’s complex
business and technical challenges,” said Brad Lawson, CEO and Co-Founder of
YourEncore. “The worldwide focus on health and wellness in the Life Sciences,
Pharmaceutical, Food and Consumer Care industries demand continual innovation
and will continue to drive demand in our services and solutions. With our truly
revolutionary business model and leadership in these industries and by working
together with Accel-KKR we remain poised to continue to deliver demonstrable
value for our Clients and provide a unique opportunity for our Experts.”

“Capitalizing on a market-defining business model, a strong and growing
community of veteran Experts and established relationships with blue-chip global
Clients, the YourEncore management team has established themselves as an
industry leading provider of R&D and commercialization solutions,” said Greg
Williams, Managing Director of Accel-KKR. “We look forward to partnering with
YourEncore as it continues to demonstrate its differentiated value proposition
to a growing base of Global 500 Clients.”

“Joining the Accel-KKR portfolio further establishes our unique position in the
Innovation Marketplace and introduces new opportunities for growth that will
ensure our services and solutions continue to deliver demonstrable value to our
Clients and unique opportunities for our Experts,” said Tim Tichenor, CFO and
Co-Founder of YourEncore. “The timing of this partnership with Accel-KKR is
perfect and we look forward to showcasing how this investment will provide a
catalyst for the future growth of YourEncore.”

About YourEncore

YourEncore is a leading provider of innovation solutions serving the research,
development, and commercialization needs of corporate Clients across the
Pharmaceutical, Biotechnology, Consumer Care, Food and Aerospace industries.
YourEncore provides an online and on-demand innovation community and related
services to help customers navigate and solve complex research, development, and
commercialization challenges. YourEncore leverages a proprietary platform of
veteran scientific, engineering and technical Experts that provides its Clients
with innovation services and solutions based on highly differentiated and unique
expertise. Named by Entrepreneur Magazine in 2011 as one of the 100 Most
Brilliant Companies, YourEncore continues as the market innovator in delivering
a truly unique business model established market leader in a business whose
growth is fueled by the convergence of three global trends: 1) Companies are
faced with an aging work force and a rapidly growing population of world-class
veteran scientists, engineers and technical subject matter Experts that are
nearing retirement, 2) High profile companies are aggressively applying
innovation to drive new products and services along with bottom-line cost
savings and efficiencies, and 3) Worldwide focus on health and wellness is
driving record investments in the pharmaceutical, life sciences, food and
consumer care industries.

About Accel-KKR

Accel-KKR is a technology-focused private equity firm with over $1.3 billion in
assets under management. The firm’s recently raised Structured Capital Fund
targets minority equity investments in software and technology enabled
businesses well positioned for top-line and bottom-line growth. At the core of
Accel-KKR’s investment strategy is a commitment to developing strong
partnerships with the management teams of its portfolio companies and a focus on
building value through the significant resources available through Accel-KKR and
its network. Accel-KKR has a particular focus on investments in family-owned or
closely-held private companies, going-private transactions and divisional
buyouts of larger companies. For more information, please visit
www.accel-kkr.com.

Press Contact:

Todd Fogarty
Kekst and Company
Tel: 212-521-4854
Email: todd-fogarty@kekst.com

SOURCE Accel-KKR

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