Novasys closes a CHF 2,2 mio Funding

Novasys is the Swiss leader in the field of geo-location services implemented in Internet, Mobile and Call Centre Solutions. The company has secured a CHF 2,2 mio funding from its existing shareholders and Jade Invest, a Swiss private equity investment company specialised in technology investments.

This funding will secure and pave the way for the expansion of the company. Novasys anticipates to more than double its turnover during the current fiscal year and to secure 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 Jade Invest

Created in June 2005, JADE Invest SA is a Swiss limited company, jointly owned by Absolute Private Equity Ltd, CSEM Centre Suisse d’Electronique et de Microtechnique SA and Group Delarive.

JADE Invest SA aims at being recognized the Swiss leader of “EARLY-STAGE HIGH-TECH INVESTMENT” by providing smart money for the constitution of new high-tech companies focusing on innovative businesses with high-growth potential, mainly in, however not limited to, Switzerland. To create highly profitable returns, JADE Invest SA takes full advantage of the know-how and expertise of CSEM and its partners, mastering the risks related to investing in technology and high-tech innovation, and thus supporting these companies in their development and expansion.

www.jade-invest.ch

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, Ch. des Croisettes 26, 1066 Epalinges, Switzerland.
www.novasys.com