WINNIPEG, MANITOBA -- eZedia Inc., a leader in digital media software technology, has secured a US$1.0MM
venture loan from MM Venture Partners.
eZedia offers easy-to-use digital media software for Apple Macintosh and Microsoft
Windows. To stay on the cutting-edge, eZedia employs the latest technologies
and standards in software development. The company creates products that are
easy-to-use and efficient from a user perspective. The core foundation of eZedia
products involve the integration of many current and emerging dynamic software
solutions, not just for today's computing industry, but for the industry of
the future.
Its current product line includes award-winning eZediaMX, an easy-to-use multimedia
authoring and editing tool; eZediaQTI, an affordable interactive QuickTime authoring
application; and a line of professional Apple iMovie enhancements - eZeMatte,
eZeScreen, eZeClip, and eZediaMotion.
"eZedia's success lies in the philosophy that software doesn't have to
be difficult to use in order to be powerful. Their partnership with major hardware
manufactures, well known resellers and distributors, and a growing customer
base validates this fact", said Ron Patterson, Partner MM Venture Partners.
"Given the caliber of the management team we believe eZedia can grow rapidly
over the next two years".
"We are extremely pleased with this investment by MM Venture Partners,"
said Trevor Coates, CEO of eZedia. "This financing brings with it the expertise
of a top flight investor and will allow us to realize our goals and fortify
our position in the market".
About eZedia Inc.
Founded in 1994 by Stefan Embleton, eZedia Inc. has become a leader in digital-media
software technology. The company derives its name from the phrase "easy
media", underscoring its corporate focus on the delivery of easy-to-use
and easy-to-learn digital media authoring and development products. eZedia is
committed to providing intuitive software that simplifies the creation, integration,
and delivery of digital media for people at work, home, and school.
eZedia's growing family of products currently include eZediaMX, eZediaQTI,
eZeMatte for iMovie, eZeScreen for iMovie, eZeClip for iMovie, eZediaMotion
for iMovie, and eZedia Plug-ins for iMovie: V1. More information about eZedia
Inc. is available at http://www.ezedia.com.
About MM Venture Partners
MM Venture Partners is a privately held, venture-debt fund that focuses exclusively
on private technology companies in Canada. MMVP focuses specifically on Canadian
information technology and biotechnology companies. For further information
please visit www.mmvp.com.
For more information, please contact:
eZedia
Trevor Coates, CEO
Tel: 204-984-9210 ext.223
200 - 4 Fort Street
Winnipeg, Manitoba
R3C 1C4
trevor.coates@ezedia.com
MM Venture Partners
Ron Patterson, Partner
Tel: 416-977-9718 ext.23
95 Wellington Street West
22nd Floor
Toronto, Ontario
M5J 2N7
rpatterson@mmvp.com
Note to Editors: eZedia, the eZedia logo, eZediaMX, eZediaQTI, eZeMatte,
eZeScreen, eZeClip, and eZediaMotion are registered trademarks or trademarks
of eZedia Inc.