Toronto, Canada – November 7, 2006 – Exposoft Solutions Inc. (“Exposoft”), a leading provider of innovative, customized data management solutions for the event industry, announces that it has secured a US$2.5 million venture loan from MMV Financial Inc.
Exposoft is well recognized internationally as being a leading provider of innovative data management solutions for the event industry. The Company has been successful in delivering unique turnkey solutions covering all aspects of data management necessary to ensure successful events. Clients include Coca Cola, NBC, MasterCard International and World Youth Day.
"This financing allows Exposoft to aggressively pursue its growth strategy, in particular into the US market and position Exposoft as the premium provider of end to end solutions for the event industry” said Bassel Annab, President and Chief Executive Officer of Exposoft. "MMV’s deal team understood our unique value proposition and we are pleased to have them as a financial partner.”
“We are very excited about this opportunity in the event management space,” said Greg Dimmer, Senior Vice President, MMV Financial Inc. “We believe Exposoft’s experienced management team, end to end solutions, unique service delivery model and impressive international client base will position the company for promising growth.”
About MMV Financial Inc
MMV Financial is a Toronto-based specialty finance company providing creative debt solutions to technology and life sciences companies across North America. MMV is backed by top U.S. and Canadian private equity firms and financial institutions including CCP Equity Partners, Caisse de dépôt et placement du Quebec, NewStar Financial Inc, and Wells Fargo Company.
For more information visit http://www.mmvf.com/
Or contact:
Greg Dimmer, Senior Vice President
MMV Financial Inc.
Tel: (416) 977-9718
gdimmer@mmvf.com
About Exposoft Solutions Inc
Since 1996, Exposoft has provided innovative data management solutions for the event industry globally. Combining sophisticated Microsoft Gold Certified technology and seamless integration with unsurpassed customer care; Exposoft has a dedicated solution that will meet your specific business needs.
Exposoft has a team of event specialists that follow the 90:10 rule. Where 90% of all successful events are based on the way in which you collect data from your customers, delegates or VIPs. Exposoft allows you not to concentrate on the 90% but to focus on the 10% that will enable you to have a successful event.
With a proven track record of event solutions and superior technical support, we’re fast becoming the global partner of choice for affordable, tailored event solutions—online, offline and onsite.
For more information visit http://www.exposoft.com/
Or contact:
Dwayne McKillop, Vice President of Global Sales & Marketing
Tel: (905) 812-3770
dmckillop@exposoft.com