The Press Release Resource

12th December 2011: Cambridge based small cell innovator and market leader, ip.access, today confirmed it had closed a new round of funding, raising some $15m from its current investors and from a major new backer. The company’s existing investors Amadeus Capital Partners, Cisco, Intel Capital, Qualcomm, Rothschild & Cie Gestion, Scottish Equity Partners and TE …

Medical Care Technologies Inc. (OTCBB: MDCE), a children’s health care service provider, today announced it has closed its third round of convertible note financing that to date has raised $752,500 for the Company. Beijing, November 29, 2011 - Medical Care Technologies Inc. (OTCBB: MDCE), a children’s health care service provider, today announced it has closed its …

Relationship marketing software expert Larosco ramps up its growth strategy having announced the successful closure of its first round of funding. Par Equity, the venture capital firm which focuses on providing financial and intellectual capital to innovative small and medium sized companies with high growth potential, has invested in Larosco – creators of the revolutionary …

Librarians attending the national conference of the American Association of School Librarians (AASL) to be held October 27-30, 2011, in Minneapolis, MN, will have an opportunity to receive $3,000 in grant money provided by Mackin Educational Resources and Library Media Connection. Attendees can register for the grant at the Mackin exhibit booth, number 717. Recognizing …

Montpellier, France, 19th September 2011 – For immediate release Cortus S.A., the technology leader in ultra-low power, silicon efficient, 32-bit processor IP for embedded systems, announces the closure of a funding round. The investment from financial partners Credit Agricole Entreprises and Banque Dupuy de Parseval and institutional partners OSEO and the Region of Languedoc-Roussillon focus …

Queensland based Bracken International Mining (BIM) has secured a EUR 200 million funding package through Chinese based Zigong Commercial Equity Partners Fund SP. Mullumbimby, NSW, July 26, 2011 – The funding structure is a three year facility that will support BIM once it completes its listing on the Frankfurt Stock Exchange in the coming months …

Users build social networks and raise funding for businesses conveniently on web-enabled phones. Atlanta, GA – June 10, 2011 — 40Billion.com, the leading professional social funding platform, has launched 40Billion.mobi as the new version of its mobile website. Optimized for smart phones the new site enables rich user experiences and provides new features allowing users …

Texas,United States : BusinessPlanFairy.com is a relatively new business plan portal that offers an unusual assortment of business plan aid. They have proprietary systems for due diligence, vetting, assumption modeling and proprietary analytics. BusinessPlanFairy.com has amassed an industry, genre, sector and sub-sector specific database of guideline metrics; encompassing key marketing, operational and financial data points; …

Virtual worlds creator Huzutech will be present, pitching and proud at the 2011 Engage Invest Exploit event, which takes place on May 19th at Edinburgh University’s prestigious School of Informatics. Having beaten off competition from hundreds of young, high growth companies across Scotland, Huzutech will be introducing investors, venture capitalists and business experts from around …

BURNSVILLE, Minn. (April 27, 2011) – Funds4Books, an innovative online fundraising program for libraries and schools designed by Mackin Educational Resources, is gaining recognition as a successful tool for promoting literacy and helping schools get much needed funding for high-quality reading materials. Loni Niles, from Wadena-Deer Creek School District, MN, stated, \”The fact that 100 …

Cambridge, UK, 10th April March 2011: Plextek, the leading Cambridge design house and proven breeding ground for innovative new technology, today announced its backing of Cambridge-based secure mobile payments start up Iceni Mobile. Plextek has worked closely with Iceni Mobile since 2008, contributing ongoing financial backing along with technical and commercial consultancy to support the …

LONDON, UK, April 8, 2011 – Rocket Fuel Inc. the company bringing rocket science to digital advertising, announced that it has secured a $6.6 million Series “C” funding round led by Northgate Capital, a later-stage investor in rapid growth and emerging technology companies. The round also included participation by existing Rocket Fuel investors including Mohr …

February 23rd 2011 – Eleven universities in the North West region are coming together in Manchester on March 9 to show the research topics they are working on. This FREE event is targeted at technology businesses interested in finding out what ICT research is being carried out on their own doorstep. Taking place on 9th …

Technology transfer institute iSLI has unveiled a project to provide businesses across the Scottish lowlands and uplands with the technical and financial support required to develop a raft of high value high-tech new products and services. Backed by a six-figure investment from the Scottish Government SEEKIT programme and the European Regional Development Fund, the DoRIES …

Outplay Entertainment, a startup games publisher focusing on high-quality games for social and mobile platforms, launched today and announced that it is recruiting staff for its new UK headquarters. Founded by games industry veterans Douglas Hare & Richard Hare (The Collective, Foundation 9 Entertainment), Outplay’s primary focus is on providing consumers with high-quality, engaging, and, …

Smart Grid Has its Best Year; Solar Slightly Up from 2009. Austin, TX – January 20, 2011 – Mercom Capital Group, llc, a global clean energy market intelligence, consulting and communications firm, today released 2010 merger and acquisition (M&A) and funding activity for the cleantech sectors of solar, smart grid and wind. “Considering 2009 was …

January 7th 2011 – On Monday, January 10, the Technology Strategy Board will launch a call for feasibility studies in the area of Digital Systems and another for Technology-Inspired Innovation. These calls will award up to £25,000 for feasibility studies in these areas which last for three months or less. The awards are limited to …

Series C Financing to Fuel PacketMotion’s Sales, Distribution and Marketing Expansion to Help Company Meet Growing Enterprise Demand for User Activity Management Solutions ATHENS, Ohio / SUNNYVALE, Calif., – Dec. 2, 2010 – Athenian Venture Partners, together with PacketMotion™, the leading provider of User Activity Management (UAM) solutions, today announced the closing of an additional …

Tennis in Haringey received a substantial boost today after the new tennis facilities at Albert Road were unveiled thanks to a £300,000 grant from the Lawn Tennis Association (LTA) with support from Sport England, and funding from Haringey Council. Former French Open champion and BBC presenter Sue Barker, and former US Open finalist Greg Rusedski …

China’s economy has outpaced goals and expectations. 2010 Quarter 1 results show 11.9% growth compared with a year ago. The gross domestic product gained 1.2% in Q1, indicating significant growth. According to National Statistics Bureau spokesman Li Xiaochao: “The momentum of national economic recovery has further expanded, which has laid a good foundation for reaching …

Last Sunday Eurozone members offered a rescue package worth 45 billion Euros to Greece. This package was offered at below market interest rates and even though this could be a positive step in the right direction, it isn’t likely to be enough to solve the Greece’s problems in the long term. According to Martin Berone, …

The release of the first quarter figures came as a pleasant surprise to investors who are anticipating a better than expected earnings season. According to Mark Cambrea, VP of Finance at Rome Based Palatine Financial, “The strong results from Intel (INTC) are a good sign for investors. The Asian stock markets have responded positively to …

More good news for the Obama administration: the housing market, which had been week since the 2008 global financial crisis, showed a sign of strength in February, says the Palatine Financial investment team. Pending home sales had risen significantly according to a report released on Monday. Sales rose by about 8 percent, while most analysts …

For many years the global economy looked to American demand when it came to prices and preferences. Today, however, the world is witnessing a shift in the global economy, with consumers in emerging markets comprising a greater global market share than U.S. consumers, notes Martin Barone, CEO of Palatine Financial. Purchasing power patterns have shifted, …

An official from the United States Federal Reserve has announced that extremely low interest rates are still needed to promote the American economic recovery. However, the Fed may have to start raising rates in order to improve the nation’s unemployment rate, explained Mark Cambrea, VP of Finance at Palatine Financial in Rome. However, in the …

In an effort to offset losses due to millions of recalls in the past few months, the Japanese automaker has recently rolled out purchasing incentives. The Palatine Financial investment team report that these tactics have been working. A top Toyota executive reported that Toyota’s sales surged forty percent in March. These purchasing incentives, including zero …

Palatine Financial Investment experts are cautioning the investment team to investigate United States bond purchases carefully. US Government bond prices have dropped in response to sluggish economic recovery and mounting debt. To contrast, corporate bonds have become quite expensive in response to recent economic optimism. Analysts at Palatine Financial are counseling clients to wait before …

Over the first weekend in April, the Swedish car maker Volvo announced that the Chinese car maker Zhejiang Geely Holding Group had purchased Volvo cars from Ford. The deal, which cost about $1.8 billion, is the largest purchase made by a Chinese car manufacturer. However, Martin Barone, CEO of Palatine Financial, explained that this sale …

Lawmakers in Washington State are proposing an increased tax on beer to assuage their budget woes, reports the investment team at Palatine Financial. The tax would only apply to big beer companies, like Budweiser. Smaller microbreweries that operate as small businesses would be exempt. The idea is one of the first new revenue-raising ideas to …

The Central Bank in Australia has raised its interest rate for the fifth time since October, from four to 4.25 percent. This underlies Australia’s determination to reduce monetary stimulus on the growing economy, says Mark Cambrea, VP of finance at Palatine Financial. Australia’s Reserve bank continues to generate upbeat assessments of Australia’s outlook. In a …