Press release

Avenu Insights & Analytics Adds Two Government Executives to Advisory Board

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Avenu Insights & Analytics (Avenu) welcomes two new members to its
Advisory Board: Dr. Angelov Farooq and Jeff McGuire. Their expertise
will guide the company as it provides government clients with insight
into expanding their tax base and driving economic development.

Known for his work in revitalizing neighborhoods, Dr. Farooq is often
sought as a speaker on the economic development impact of policies from
all levels of government. He serves on the tax-focused council of
economic advisors through an appointment by the state controller, and
has been part of the California Workforce Development Board since 2013
through an appointment by the governor.

Jeff McGuire joins the board following a 35-year career with tax
administration programs in California. He held multiple roles including
field auditor, administrator of compliance and technology, tax policy
chief and he was director of the sales and use tax program. Among his
highlights is the innovative program to combat sales tax fraud by
retailers and vendors using sales suppression software.

“We know that our clients want to attract the right types of businesses
to their communities, and they want to continue to identify, forecast
and manage their revenue,” says CEO Paul Colangelo. “With Angelov and
Jeff as advisors we add to our capabilities in applying industry leading

About Avenu Insights & Analytics

Insights & Analytics
has a long history of helping state and
local governments boost revenue, optimize operations, and deepen
community trust. Avenu’s revenue enhancement and administration
solutions enable jurisdictions to provide truly digital government that
meets expectations of citizens, employees and elected officials. Avenu
is a portfolio company of Mill Point Capital.

About Mill Point Capital

Point Capital
is a middle-market private equity firm focused on
control-oriented investments in the business services and industrial
sectors. The firm works with executive partners to leverage its
investment professionals’ experience, while providing strategic and
operational guidance designed to drive long-term value creation in its
portfolio companies. Mill Point is based in New York.