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Antefacto Announces Investment by Enterprise Ireland.


Business Editors

DUBLIN, Ireland--(BUSINESS WIRE)--Dec. 17, 2001

Antefacto, a provider of High Availability server management systems, announces an investment of EUR 558,000 by Enterprise Ireland, the government organisation charged with assisting the development of Irish enterprise.

"The funding will be used predominantly for product development and recruitment purposes," said Fergal Murray, CEO of Antefacto. He added," Enterprise Ireland's support, both financial and non-financial, has come at an important time for Antefacto as the company expands its operations throughout Europe and the AsiaPacific region." Antefacto currently has offices in the UK, Germany, Sweden and Australia.

Gerry Murphy, Executive Director, Enterprise Ireland said, "Antefacto's technological innovation and market fit make it an attractive investment for Enterprise Ireland. As businesses become highly dependent on computing systems, we believe that significant growth potential exists for the company's innovative and unique High Availability offering."

"Antefacto's solution enables businesses of all sizes to improve the reliability and performance of their business critical servers, while keeping the cost and complexity involved at an absolute minimum. The benefits are attractive and the market potential large. This was borne out by a recent EI/Antefacto trade visit to Japan, where the market response was extremely positive."

About Antefacto

Founded in 2000, privately held Antefacto is based in Dublin, Ireland. It has received backing from Campus Venture Capital, Trinity Venture Capital, Enterprise Ireland and private sources. Antefacto's mission is to make Highly Available systems accessible to all businesses by reducing cost and complexity. For more information please visit www.antefacto.com.

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Publication:Business Wire
Date:Dec 17, 2001
Words:254
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