VANCOUVER, BC – November 23rd, 2010:
Espresso Capital Partners is pleased to announce the closing of a CDN$ 600,000 financing to Clevest Solutions Inc. (“Clevest”) – a Richmond-based software company that was ranked as the fastest growing technology company in BC by Business in Vancouver in both 2009 and 2010. This primary use of funds for this Scientific Research and Experimental Development (“SR&ED”) Tax Credit backed, working capital loan was to finance the acquisition of certain assets from Neptune Technology Group Inc. (“Neptune”) announced last week.
Espresso Capital Partners announces the closing of a CDN$600,000 financing with Clevest Solutions
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