Efftel Retains Georgetown Venture Partners to Raise Funds; Efftel Addresses Multi-Billion SME Business VoIP Market in Scandinavia.STOCKHOLM, Sweden -- Efftel, the leading provider of advanced Voice over IP (VoIP) broadband telephony See VoIP. solutions to businesses in Scandinavia, announced today that it has retained Georgetown Venture Partners LLP LLP - Lower Layer Protocol (GVP GVP Genesys Voice Platform GVP General Voters Party (Fiji) GVP Gasoline Vapor Pressure GVP Global Vision for Peace GVP Global Visualization Process ) to raise expansion capital and perform strategic consulting. --We now have the key components for the launch of a serious business - a world-class VoIP technology platform, servicing our customers since March 2005, and a first class management team. We will capitalize the company to address the multi-billion small/medium enterprise market via channel partners across Scandinavia, Efftel 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. and co-founder Hakan Lund states. --We selected GVP based on their expertise and specific focus working with VoIP related companies and investors, Per Bjorklund, co-founder and EVP EVP Executive Vice President EVP EGR (Exhaust Gas Recirculation) Valve Position Sensor EVP Electronic Voice Phenomenon EVP Europäische Volkspartei (Germany) EVP Employee Value Proposition Marketing, explains. --Businesses with small budgets can now operate like big businesses and do not need to invest in expensive PBX (Private Branch eXchange) An inhouse telephone switching system that interconnects telephone extensions to each other as well as to the outside telephone network (PSTN). phone systems. With a safe and secure migration process Efftel enables companies to benefit from flexible communications features via a fully hosted solution, Bjorklund, who formerly headed Telia's VoIP business, continues. --Efftel has proven its ability to achieve customer traction Traction Definition Traction is the use of a pulling force to treat muscle and skeleton disorders. Purpose Traction is usually applied to the arms and legs, the neck, the backbone, or the pelvis. in the Swedish market. The team is what makes this opportunity different. It has the right mix of senior experience of entrepreneurship, venture capital, and of managing multi-billion euro businesses and hundreds of employees offering fixed/mobile/ broadband telephony services. We have completed one domestic-Swedish financing round and are now looking to complete an international growth expansion round, Andrew Romans, Managing Partner of GVP, comments. ABOUT EFFTEL Efftel offers small and medium businesses advanced corporate telephony as a flexible service, without the need for the business to invest in its own PBX. This brings minimized investments, very low traffic cost and freedom from hassle and proprietary equipment. Most of Efftel's services are based on modern Voice over IP (VoIP) technology, which our experts have worked with since 1997. www.efftel.com ABOUT GEORGETOWN VENTURE PARTNERS LLP Georgetown Venture Partners LLP (GVP) is a technology, communications and media corporate finance boutique Boutique A small investment firm specializing in offering specific, but limited services to a select number of individuals. Notes: These investment firms are the alternatives to large financial supermarkets. They provide a highly personalized environment for investing. with unparalleled domain expertise and contacts in the wireless, Voice over IP (VoIP), IPTV/VOD, Information Technology (IT) and media industries. With offices in Silicon Valley and London, GVP partners with clients to raise expansion capital, facilitate trade sales and buy-outs and perform strategic marketing and staffing services. www.georgetownventures.com |
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