Automated Profile Management Acquires $2.5 Million in Venture Funding; Funding to Enable Major Expansion of Staff and Product Line.Business/Technology Editors PORTSMOUTH, N.H.--(BUSINESS WIRE) March 17, 2000 - Automated Profile Management LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , the leader in automated messaging-client configuration, today announced that it has raised $2.5 million in its first round of venture funding. Philadelphia-based Emerging Growth Equities, Ltd. lead the round that included investment from Startec Global Communications Corp. "We are excited with the participation of Startec in this round," said Automated Profile Management CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. John Moyer. "Combined with cash-flows from operations, this financing enables us to execute plans to expand on our successes in corporate, government and technology markets and to exploit emerging opportunities." According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Prabhav Maniyar, CFO See Chief Financial Officer. of Startec Global Communications, "APM's demonstrated ability to build a winning product and strategy with their existing product, combined with aggressive plans for new products, makes them a great investment for us. Their Profile Maker product is clearly the best practice for automating client configuration in the corporate intranet market and their growth strategy provides a very exciting future. This is a remarkable team and we expect to see fantastic things from them very soon." About Automated Profile Management Automated Profile Management, based in Portsmouth, NH, provides cutting-edge tools that save time and lower the cost of messaging configuration management. Automated Profile Management provides solutions to over 1,000 customer organizations worldwide including Futurelink, Pepsi-Cola, and Xerox. For more information visit Automated Profile Management's website at www.autoprof.com. About Startec Startec Global Communications Corporation (NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). : STGC STGC St. George's College (Kingston, Jamaica) STGC Startec Global Communications Corporation ) is a facilities-based provider of communications services to ethnic communities. Startec is building a state-of-the-art IP/ATM network, equipped with Internet Protocol See Internet and TCP/IP. (networking) Internet Protocol - (IP) The network layer for the TCP/IP protocol suite widely used on Ethernet networks, defined in STD 5, RFC 791. IP is a connectionless, best-effort packet switching protocol. technology providing seamless connectivity to the emerging economies of the world, allowing it to integrate voice, data, Internet, and video services on a single network. For more information on Startec, visit its website at www.startec.com. |
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