Monday, March 27, 2006

AirClic Secures Additional Investment for Expansion Effort: Financial News - Yahoo! Finance

"AirClic�, a leading provider of business process mobilization solutions, today announced it has closed $2.86 million in an additional round of over-subscribed Series B venture financing. Original investors Motorola, Inc. (NYSE: MOT - News) and Zon Capital Partners participated in the round as well as several individual investors. Proceeds from the financing will be used to expand AirClic's sales, business development, marketing, and client services functions, enabling the company to further expand on its market leadership position. During 2005, AirClic realized more than 300 percent growth in sales and customer acquisitions."

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