Cadent Closes $25 Million Financing

CARLSTADT, N.J., March 7 /PRNewswire/ -- Cadent Holdings, Inc. ("Cadent"), a developer of industry-leading digital technology and services for use in the orthodontic and dental markets, is pleased to announce it has completed a $25 million equity financing. STAR Ventures, a leading international investor, led this transaction. The Company's existing investors, including JP Morgan Partners, Apax Partners, SV Life Sciences and Pitango Venture Capital, participated significantly. Proceeds will be used to expand Company's orthodontic business and accelerate completion and prepare for launch of its dental market digital-technology.

About Cadent
Cadent provides digital-information products and services that improve the efficiency of dental and orthodontic procedures for both the doctor and the patient. Orthodontists recognize Cadent's OrthoCAD(TM) brand as the digital leader, driving improved practice efficiencies, better practice marketability and improved treatment solutions. Cadent's unique, industry-leading digital solutions for the Orthodontic industry include:

  • OrthoCAD(TM) Digital Study Models, a service that eliminates the cost associated with physical models and provides more effective treatment planning with ABO-approved diagnostic software.
  • The industry's only Computer-Aided Indirect Bonding Service, which significantly improves Orthodontist productivity while dramatically reducing patient treatment time.

Cadent's digital innovations for the dental space will significantly restructure how the dentist and their dental lab prepare and implement crown and bridge treatments for their patients. With a unique and breakthrough technology that will re-define market expectations for quality in intra-oral scanning and CAD-based production of high-quality crowns, Cadent will replace today's imprecise, unpleasant and time-consuming process with a fast and accurate digital solution.

Cadent Holdings, Inc.
640 Gotham Parkway
Carlstadt, New Jersey 07072-2405
Telephone - 201.842.0800
Facsimile - 201.842.0850
http://www.orthocad.com
http://www.cadent.biz
corporate_info@cadent.biz


About STAR Ventures
Star Ventures (STAR) is an international venture capital group that invests in Israel, the United States and Germany. STAR has a truly global approach and focuses on deep-technology companies. Since its inception in 1992, STAR was involved as an investor in successful companies such as Ciena, Alvarion, Precise, EFI, Creo, and Orckit.
STAR has approximately $1B under management and has achieved more than 50 successful exits. Star's typical areas of interest include information technology, software, equipment for the communications and enterprise markets, semiconductors and medical device and biotech companies. Star Ventures is headquartered in Munich, with offices in Israel, and Dallas. For more information about STAR please visit http://www.star-ventures.com.

STAR Ventures
Possartstrasse 9
D-81679 Munchen
GERMANY
49-(89)-419-4300
Fax: 49-(89)-419-4303
Email: info@star-ventures.de

11 Galgaley Haplada St.
P.O. Box 12600
Herzelia Pituach 46733
972-(9)-961-7111
Fax: 972-(9)-961-7100
Email: mail@star-ventures.com

Two Galleria Tower
13455 Noel Rd.
Suite 1670
Dallas, Texas 75240
1-(972)776-1516
Fax: -(972)702-1103

For additional information please contact Edward J. Sitar, Executive Vice President and Chief Financial Officer of Cadent (Ed.Sitar@cadent.biz) or Zachi Berger of STAR Ventures (zachi@star-ventures.com).