For Immediate Release

McDERMOTT VENTURES CELEBRATES SIGNIFICANT

MILESTONE + LOOKS TO FUTURE

Women-owned firm names new President and expands offerings to the real estate and
communications industries

BOSTON, MANovember 15, 2017-In 1997 Pam McDermott opened the doors of McDermott
Ventures with her rolodex of contacts and two start-up companies already on her resume. Twenty
years later, the McDermott team is thriving and expanding as it celebrates its 20th anniversary year.
McDermott has partnered with hundreds of clients, permitting over 20 million square feet of
development in its real estate practice, while also assisting new and innovative companies and
individuals with all aspects of their communications and public affairs.

Having spent 20 years collaborating with clients, the team is finally taking time to to share their own
milestones and announce a new President and Director of Communications, and expanded real
estate offerings for the industry.

McDermott Ventures is a boutique firm - our clients know that when they hire us they get our
individual attention. We frame complex issues against our 20 years of experience and local political
knowledge to provide recommendations aimed at moving projects forward. Our company is also
made up of three generations who live in the city, an important asset when you need to communicate
to various audiences using digital and traditional communications., said Pam McDermott, Chairman
and CEO.

Carolyn Spicer opened the doors of McDermott Ventures with Pam McDermott in 1997, and has now
accepted the role of President, spearheading the expansion of the firms real estate practice.

Carolyn has been a vital component with real estate teams that have created over 20 million square
feet of commercial, residential, and mixed use developments in her long career, said
Pam McDermott. Her deep knowledge of the local industry and management of complicated urban
projects gives her a unique perspective to understand the needs of the market in a changing
communications environment.

Carolyn spent the last 20 years managing client services and operations at McDermott Ventures, and
is known for her commitment to helping clients achieve success. Carolyn has served on the Board of
Directors of Heading Home, Save the Harbor/Save the Bay, and The Boston Architectural College.
She was named a Future Leader by Banker and Tradesman and participated in the Emerging
Leaders Program at the Center for Collaborative Leadership at the University of Massachusetts
Boston. Carolyn is a native of Massachusetts, has lived in the city for over 20 years and resides in the
Fort Point/South Boston neighborhood with her husband, and now her son Charlie.

Maggie Dow has been promoted to Director of Communications and Digital Content at McDermott
Ventures. She joined the firm 4 years ago, after connecting with Pam over their shared alma mater,
the University of Vermont. Since day one, Maggie was an integral part of the McDermott Ventures
team. Maggie has managed all media relations and has expanded into digital communications and
social media offerings for the firms clients. She is a native of Massachusetts and is currently a
resident of South Boston, and participates in a variety of city civic initiatives and events.

Expanded Real Estate Practice

McDermott Ventures has always benefitted from working with like-minded professionals and strategic
partners because they bring a deeper expertise in selected fields to provide a broader range of
services to clients. Today the team announces some collaborative partnerships with other
professionals in the real estate and communications fields, as well as two new services:

McDermott Ventures Collaborations:

Life Sciences Real Estate Consulting, working with John Heffernan, Park Street Strategies

Messaging, Media Training, Speechwriting, Kristen Daly, KDaly Communications

Licensing, Permitting and Legal, Kristen Scanlon, Scanlon Law LLC

Placemaking, Deb Byrnes, Retail Resource Inc.

McDermott Ventures/New Services:

Neighborhood Communications during Construction

Social Media for Permitting/Real Estate

About McDermott Ventures:

McDermott Ventures is a boutique consulting firm, specializing in marketing communications and

public affairs, who have looked to the firm to assist with local market positioning and branding,
government relations, and B2B opportunities within the top industry engines of the Commonwealths
economy life sciences, transportation and real estate. The firm represents Fortune 500
companies, small entrepreneurial firms, institutions and non-profit organizations.

McDermott Ventures 617.557.9190

@mcdermottboston