LaVoie Group Secures Financing to Support Growth in Life Science Communications; Expands Staff and Office in Salem, MA

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LaVoie Group, a life science focused strategic communications firm, announced today that it has secured financing to support its growth with the help of Salem Five and the US Small Business Administration (SBA). The life science communications firm is expected to post 30 percent year-over-year revenue growth in 2008.

LaVoie Group, a life science focused strategic communications firm, announced today that it has secured financing to support its growth with the help of Salem Five and the U.S. Small Business Administration (SBA). The life science communications firm is expected to post 30 percent year-over-year revenue growth in 2008.

The financing supports additional corporate communications, public and investor relations staff and office expansion in historic Salem, MA, at Derby Square, with the addition of 2,200 square feet of office space. The total office space for the creative communications agency is now 3,800 square feet.

"The North Shore of Boston is known for its creative clusters, and Salem is ranked in the North Shore's top three cities for highest number of creative establishments. We are delighted to expand our staff and infrastructure in Salem, given its historic culture and strong business support from local organizations like the Enterprise Center at Salem State College," stated Donna L. LaVoie, President and Chief Executive Officer of the agency.

"With the close proximity to the North Shore's expanding life science presence and, with many more life science companies moving to the suburbs of Boston, it was a natural decision to locate here. Many of our clients, which are located outside of the area, appreciate the opportunity to visit us in historic Salem - where they can meet with us on location, visit many of the restaurants and attend cultural events at the same time."

LaVoie Group noted that the agency is building a creative environment - one in which employees and clients alike can collaborate. This environment makes the team extremely productive in assisting its life science clients to attract capital, reach corporate partners and build companies through integrated communications programs.

About LaVoie Group, Inc.:
LaVoie Group provides senior-level strategic counsel and tactical implementation of public, investor and corporate communications programs designed to properly position, create visibility and drive value for each client. We help our life science companies attract capital, reach corporate partners, generate revenue and build their companies through integrated communications programs. Our clients range from privately held start-ups to industry leaders in life sciences. LaVoie Group is ranked by O'Dwyer's PR Report as one of the leading independent healthcare PR firms in the US. For more information, please visit http://www.lavoiegroup.com.

Contact
Donna L. LaVoie    
President & CEO
LaVoie Group
978-745-4200 X103
http://www.lavoiegroup.com

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Lisa Rivero
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