November 15, 2011 www.periculumcapital.com

Periculum Capital Company, LLC (“Periculum”) is pleased to announce that its portfolio company, Orbis Education Services, Inc. (“Orbis”) secured $4 Million in an 8% Convertible Subordinated Note financing led by Lightspeed Venture Partners of Menlo Park, California. The funding will allow Orbis to expand its hybrid online nursing education programs, which will ultimately help alleviate the nation’s wide-spread nursing shortage.

Periculum
Advisory Team

Joseph H. Broecker
Senior Managing Director
317.759.6360

jbroecker@periculumcapital.com

Robert H. Shortle
Senior Managing Director
317.759.6361
bshortle@periculumcapital.com

Christopher M. Caniff
Senior Managing Director
317.759.6362
ccaniff@periculumcapital.com


Fritz J. Schutte
Director
317.759.6363
fschutte@periculumcapital.com

Sean D. Frazer
Director
317.759.6365
sfrazer@periculumcapital.com

Douglas P. Conner
Director
317.759.6368
dconner@periculumcapital.com

Ryan W. Flynn
Associate
317.759.6364
rflynn@periculumcapital.com

Alexander M. Shortle
Analyst
317.759.6366
ashortle@periculumcapital.com



Led by an experienced team of education and healthcare veterans, Orbis works with colleges and universities to develop online nursing programs, recruit new qualified students, and manage delivery of these programs. Orbis’s current partners include Marian University, Sharp Healthcare, St.Vincent Health, Northeastern University, Roseman University and St. Rose Dominican.

Blending technology and traditional methods, Orbis powers the collaborations that accelerate nursing program enrollments. Leveraging Orbis’s Full Circle Solutions, a hospital becomes a virtual extension of a major university. Theory courses are taught by university nursing faculty via interactive online classes that include threaded discussions, real-time webcasts, projects, assignments, and proctored examinations. Students have the flexibility of completing the online courses during day or evening hours and hands-on clinical preparation is taught by appointed university faculty assigned to work directly with students at partner healthcare locations.

Periculum worked directly with Orbis prior to the Company’s inception to review and validate the market opportunity, help set business and financing strategy, attract senior management, as well as provide capital. Periculum led two rounds of financing, sourcing $5.5 Million of both debt and equity to facilitate the Company’s start-up and initial expansion. Subsequently, Lightspeed invested $8 Million Series B Preferred Equity. With this 8% Convertible Subordinated Note financing, Lightspeed invested $2.5 Million and other prior individual investors invested another $1.5 Million. Lightspeed’s involvement continues to provide the Company a value-added investment partner to assist Orbis with its growth trajectory.

Periculum Capital Company focuses on investment and merchant banking services, including Debt and Equity Placement and Merger and Acquisition practices.