Home Page News Briefs People Media Telecom Archives About Us
Advertising Subscribe Reuse & Permissions
The Hill Times Parliament Now The Lobby Monitor HTCareers

New financing, cost-reduction plan will help Infowave weather downturn in markets

News | 08/07/2001 4:00 am EDT

New financing potentially totaling US$15 million and cost-reduction measures should give Infowave Software Inc the necessary capital to meet its business plan during difficult financial markets, the company says. The Vancouver-based wireless software developer has secured a US$5 million credit facility and is close to landing another US$10 million private placement.

To keep reading, get a free trial.

Already a Subscriber?

Reuse & Permissions

Unauthorized distribution, transmission, reuse or republication of any and all content is strictly prohibited. To discuss re-use of this material, please contact:

Customer Care, 613-688-8821 | subscriptions@hilltimes.com