VENTURE CAPITALIST CHOOSES CEREMON FOR DUE DILIGENCE
Kansas City, MO, Dec 15, 2004
A leading European Venture Capital Firm has selected Ceremon to carry out technical due diligence of a potential acquisition target. A group of telecom veterans, who would form the core of the target’s executive team if the bid is successful, has a radically new strategy for turning the ailing mobile operator around, with financial backing from the VC, and rapidly bring it into profitability.
Ceremon was selected because of its expertise in mobile operations, particularly mobile data. Although, for obvious commercial reasons, the VC and target must remain anonymous at this stage, a representative gave the following statement: “I have worked with Nigam and his team in my previous company and I have been consistently impressed with their conscientiousness and flexibility to take on complex assignments at short notice. I had no hesitation is calling him when this opportunity came up.”
Nigam Shah, President and CEO of Ceremon, replied “We’re always happy to support our long-term customers, no matter how demanding their requirements.”
About Ceremon
Ceremon, until recently known as Spectrum Informatics, assists emerging as well as established businesses requiring expert, unbiased leadership in assessing, managing and supporting Information Technology challenges. Since early 2001 Spectrum Informatics has worked with market leaders implementing 3rd generation wireless technologies to support their ambitions with an attractive value proposition.
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For more information please contact us at:
Ceremon Corp
Attn: Marketing Manager
5565 NW Barry Road, #163
Kansas City, MO 64154 USA
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