MaxMedical.com receives $1.2M for technology
Added: (Thu Dec 07 2000)
Pressbox (Press Release) -
FOR IMMEDIATE RELEASE
MaxMedical.com receives $1.2M for technology
December 08, 2000: www.maxmedical.com announced that it has received financing of $1.2M from www.maxelerator.com. 'This money would be spent on technology and would be enough to sustain all the technical aspects of a new product that will hit the market soon.' Mark O'Flynn, the founder of maxmedical.com said. 'They would have spent at least $5M on their technology in next two years, but our involvement has not only reduced the technology costs but we have financed all of it as well.' Pankaj Goel, the chairman of maxelerator.com said. www.maxmedical.com is a leading company with presence in Europe and North America and provides medical solutions to the medical community.
www.maxelerator.com is a venture capital, financing and technology sector incubator with presence in North America and Asia.
Contacts
www.maxmedical.com
Mark O'Flynn
markoflynn@maxmedical.com
+44-117-9874929
www.maxelerator.com
Pankaj Goel
pgoel@maxelerator.com
+9111-7860157
END OF RELEASE