Toronto, ON (February 25, 2011)<\/b> \u2013 Maintenance Assistant Inc., a leading Enterprise\u00a02.0 community for computerized maintenance and electronic asset management (EAM),\u00a0announced today the completion of its first major round of expansion capital financing.\u00a0Led by boutique investment firm Verdexus\u00a0investors include the Golden Triangle Angelnet\u00a0Niagara Venture Forum\u00a0and strong management buy-in. Funds raised will be used to\u00a0expand the Company\u2019s product offering and grow top-line revenue.<\/p>\n
\u201cWe\u2019re committed to accelerating locally-based global software leaders, and Maintenance\u00a0Assistant has all the signs of success. It represents a high potential investment for\u00a0Verdexus and its investment partners,\u201d says Randall Howard, Partner at Verdexus and\u00a0Golden Triangle Angelnet board member. \u201cIt is testament to the quality of the\u00a0Maintenance Assistant opportunity and the company\u2019s talented management team that\u00a0we were able to move such a significant investment forward in record time.\u201d<\/p>\n
\u201cIn a little over two years, we have been able to build an award-winning computerized\u00a0maintenance management software (CMMS) with thousands of users in over 150\u00a0countries around the globe. Our software has been translated into over 30 languages\u00a0and is rapidly becoming the world\u2019s most popular free CMMS. At this key point in our\u00a0growth, we are thrilled to have a strong investor group behind us. Their combined\u00a0knowledge, experience and network will accelerate our growth\u201d says Marc Castel, CEO.<\/p>\n
About Maintenance Assistant<\/b>
\nMaintenance Assistant develops enterprise 2.0 software for asset and maintenance\u00a0management. Its flagship product, MA Free CMMS\u2122, is a free, cross-platform, full featured\u00a0computerized maintenance management software with unrestricted licensing\u00a0and uninhibited scalability. Maintenance Assistant offers its EAM software either as a\u00a0standalone server installed behind the firewall or as a Software-as-a-Service (SaaS)\u00a0solution, both with multi-site capability for any size or type of business. For more\u00a0information visit fiixsoftware.com<\/p>\n
About The Investors<\/b>
\nVerdexus (www.verdexus.com) is a transatlantic boutique hands-on investment firm focused\u00a0on growing global leaders in software-based businesses. The Golden Triangle Angelnet\u00a0(www.goldentriangleangelnet.ca), and the Niagara Venture Forum (www.niagaraventureforum.com)\u00a0bring world-class business intelligence and financial opportunity to companies through a\u00a0networked group of professionals.<\/p>\n","protected":false},"excerpt":{"rendered":"
Toronto, ON (February 25, 2011) \u2013 Maintenance Assistant Inc., a leading Enterprise\u00a02.0 community for computerized maintenance and electronic asset management (EAM),\u00a0announced today the completion of its first major round of expansion capital financing.\u00a0Led by boutique investment firm Verdexus\u00a0investors include the Golden Triangle Angelnet\u00a0Niagara Venture Forum\u00a0and strong management buy-in. Funds raised will be used to\u00a0expand the Company\u2019s product offering and grow top-line revenue. \u201cWe\u2019re committed to accelerating locally-based global software leaders, and Maintenance\u00a0Assistant has all the signs of success. It represents a high potential investment for\u00a0Verdexus and its investment partners,\u201d says Randall Howard, Partner at Verdexus and\u00a0Golden Triangle Angelnet board member. \u201cIt is testament to the quality of the\u00a0Maintenance Assistant opportunity and the company\u2019s talented management team that\u00a0we were able to move such a significant investment forward in record time.\u201d \u201cIn a little over two years, we have been able to build an award-winning computerized\u00a0maintenance management software (CMMS) with thousands of users in over 150\u00a0countries around the globe. Our software has been translated into over 30 languages\u00a0and is rapidly becoming the world\u2019s most popular free CMMS. At this key point in our\u00a0growth, we are thrilled to have a strong investor group behind us. Their combined\u00a0knowledge, experience and network will accelerate our […]<\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"coauthors":[],"class_list":["post-128976","post","type-post","status-publish","format-standard","hentry","category-news"],"yoast_head":"\n