MICROSURVEY SOFTWARE COMPLETES FIRST ROUND OF FINANCING
MicroSurvey Software, Inc. is pleased to announce that it has secured
financing from a small group of "Angel" investors. Almost
$700,000 was raised in this initial round, which will primarily
be used for sales and marketing purposes. Included in the list of
investors is Mr. Don Baxter, a successful Vancouver businessman
with holdings in numerous companies, and Mr. Jess Alfonso, owner
of Seamark Development Corporation, Vice President and Director
of Pacific Opportunity Company Ltd., and Vice President of Upper
Valley Aviation Ltd. Mr. Alfonso also serves on the Board of Directors
of Sun-Rype Products Ltd.
"MicroSurvey has proven itself with its products and success.",
said Mr. Darcy Detlor, president and CEO of MicroSurvey, "Now,
investors have joined our team with both their resources and considerable
business experience. With their help we are ready to achieve even
greater success with the exceptional products we have developed
in the past year."
MicroSurvey Software, Inc. is a BC Corporation located in the beautiful
Okanagan Valley. The company founder and president started providing
solutions for the Land Surveying industry in 1985. In the past 5
years, new products have enabled the company to grow from a small
family business into a bustling, energetic enterprise with a staff
of 30. In 2001 MicroSurvey was ranked 40th fastest growing company
in Canada in Profit Magazine's annual listing. For more information
about MicroSurvey Software, Inc., please contact