Wayne, Pennsylvania – FullTilt Solutions Inc. (“FullTilt”), a leading provider of product information management (PIM) enterprise software solutions announces that it has entered into a long-term financing with Toronto-based MMV Financial Inc. FullTilt’s flag ship product, Perfect Product Suite, aggregates product data from multiple enterprise systems, standardizes it to eliminate discrepancies, and automates workflow to keep information up to date. This scalable, reliable and flexible platform provides consistent, accurate product information for both internal users and external trading partners.
"This financing enables FullTilt to aggressively pursue its growth strategy, allowing us to enhance our position as the leading provider of PIM solutions in the marketplace” said Tim Wallace, Chief Executive Officer of FullTilt. “We are looking forward to our new financial partnership with MMV.” In 2006, FullTilt doubled revenues and the Company expects to exceed that growth in 2007.
“We are excited that FullTilt is our first investment in Pennsylvania and look forward to continued growth in the region,” said Greg Dimmer, Senior Vice President, MMV Financial Inc. “FullTilt’s leadership position in this emerging segment of the master data management market represents an excellent growth opportunity for us.”
FullTilt is a privately held company based in Wayne, Pennsylvania with investment from Grotech Capital, Mellon Ventures and William E. Simon & Sons.
About FullTilt Solutions Inc.
FullTilt Solutions, Wayne, Pa., is a leading provider of enterprise Product Information Management (PIM) solutions. FullTilt focuses on providing solutions for the Industrial Products/MRO, Consumer Packaged Goods, Retail, High-Technology Electronics, Healthcare/Life Sciences, Automotive Aftermarket and Media/Publishing industries. FullTilt provides a comprehensive Master Data Management (MDM) solution for all vital product related attributes and relationships throughout the enterprise and for all trading partners. FullTilt provides data synchronization to GDSN certified data pools including 1SYNC and Agentrics. Founded in 1987, FullTilt has been implementing enterprise PIM solutions since 2001 at leading organizations such as: McCain Foods, Premier, Inc., BDI, Watts Water Technologies, Brady Corporation, Hagemeyer, Mouser Electronics and Thomas & Betts. Further information about FullTilt Solutions and its products is available at www.fulltilt.com.
Michael Brenner, Marketing Director
FullTilt Solutions Inc.
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 www.mmvf.com or contact:
Greg Dimmer, Senior Vice President
MMV Financial Inc.