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Van Nuys, California – June 5, 2002 – M.N.E. Funding, Inc. announced today that it is leading a seed-money investment in the technology company JSQUAD. This is a base investment round for JSQUAD, which is currently in the research phase of a unique product for the wireless enterprise market. JSQUAD provides professional services for large-scale enterprises, which their business systems are based on the Java technology. The company's expert-level consulting services range from project planning, through system architecture to performance tuning. JSQUAD is currently researching a state-of-the-art solution for integrating the enterprise network with next-generation wireless devices, such as Java-enabled cellular phones and PDAs. "JSQUAD addresses the need for high-level knowledge of Java technology in the industry, and solving critical software issues," said Ahron Zilberstein, CEO of M.N.E. Funding. "We believe JSQUAD's products could significantly impact the way enterprises use wireless technology." "We are very excited about the technology we use and recognized that we would need a strong and experienced partner to help us realize our commercial goals," said Rinat Kaspi, CEO of JSQUAD. "M.N.E Funding is our natural partner as we face the tasks of developing the product, prioritizing our marketing and sales goals and in building the team." About JSQUAD JSQUAD is a privately held company headquartered in Van Nuys, California. Dedicated to providing its customers with the most professional Java solutions available within the shortest possible time, the company has the right solution for any stage in the project timeline, using advanced Java Technology knowledge and tools. For more information on JSQUAD, please visit www.jsquad.com. About M.N.E. Funding, Inc. M.N.E. Funding provides hands-on support to early-stage technology companies, financing real-estate ventures, bridged loans and construction loans. With its network of industry, strategic and investment resources, M.N.E. Funding is dedicated to helping talented entrepreneurs translate their vision and technology into successful companies. |
