Novasys closes a new complementary Funding

Novasys is the Swiss leader in the field of geo-location services implemented in Internet, Mobile and Call Centre Solutions. The company is fully independent. Novasys has secured over the year a CHF 3,2 mio funding from its existing shareholders and Jade Invest, a Swiss private equity investment company specialised in technology investments. It finalised the last tranche of that funding in December 2006.

This funding is meant to help continue the international expansion of the company. Novasys more than doubled its turnover during the past fiscal year and secured meaningful contracts with leading Telecom operators, Directory companies and Internet portals.

Novasys is contributing to the development of mapping and geo-location in a World in which mobility is inherent. Novasys supports its clients which have recognized this trend with innovative mapping, routing and geo-content information with its award winning platform Maponair ^(TM) and international maps.

About Novasys

Novasys provides and develops products and solutions in the area of geographical information systems (GIS) for Internet and Mobile Applications. The company is a European leader in Location based Services (LBS) and the integration of geographical components in Call Centre and Directory Assistance solutions. The company is financed by private and institutional investors. It has headquarters in Lausanne, Switzerland and branches in Bern, Zurich and Paris

For further information please contact:
Christian Hugonnet - CEO, This email address is being protected from spam bots, you need Javascript enabled to view it
Novasys SA, +41 21 651 30 30, Tresi 6D, 1028 Préverenges, Switzerland.
http://www.novasys.ch/