GLOBAL MESSAGING SOLUTIONS, INC. (GMSI)
RECEIVES $2 MILLION FUNDING COMMITMENT FROM CALIFORNIA BASED
VENTURE CAPITAL FIRM
California-based venture
capital firm Market Winning Strategies commits to raising $2
million for Messaging Service Provider
OVERLAND PARK, KANSAS
(May 11, 2001)-- Global Messaging
Solutions, Inc. (GMSI) today announced that California-based
Marketing Winning Strategies (MWS) has made a commitment to
raise $2 million for GMSI by the end of 2001 for a third round
of funding. MWS is a venture capital firm that specializes in
raising funds for technology and Internet-related companies.
With this latest commitment, MWS
is continuing its long relationship with GMSI. Over the past two
years, $1 million has been raised in each of two rounds by MWS.
The money is raised from a vast Angel investor network
throughout the United States that MWS coordinates. Angel
investors typically are high net worth individuals that invest
in emerging companies..GMSI plans to use the capital to
strengthen the company’s sales & marketing effort, expand its
offerings into new markets and, generally, to fulfill its
business plan. With the help of this new funding, GMSI is on
target to achieve profitability by the fourth quarter of this
year.
"eMail has become a
mission-critical tool in today’s business world, and messaging
systems are becoming increasingly complicated and cumbersome to
support," stated Thomas Garlock, President of MWS. "Managed
messaging companies, like GMSI, are positioned to take advantage
of this quickly expanding market. MWS has partnered with GMSI
because it is a solid company in the industry that is focused
entirely on messaging," added Garlock.
"We are extremely pleased that
MWS has strengthened its faith in GMSI with this new funding
commitment," said William J. Brunkhardt, Chief Executive Officer
of GMSI.
"This commitment further
validates GMSI’s decision to focus on messaging and professes a
faith in our business strategy and management team."
Global Messaging Solutions,
Inc. (GMSI) is an innovative MSP (Messaging Service Provider)
based in Overland Park, Kansas that provides enterprise-class
eMail services to ISPs, ASPs, CLECs, web portals,
telecommunication carriers, wireless carriers and other
businesses and organizations. For more information, or to
contact GMSI, visit the company’s website at
http://www.gmsi1.com or call
(913) 338-3000.
Market Winning Strategies, Inc.
(MWS) is a venture capital firm based in California. MWS
specializes in raising capital for technology and
Internet-related businesses. For more information, or to contact
MWS, please call 1-800-914-2689.