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Pursuing Growth and a New €4 million Capital Increase

11
Jui.08

Alyotech Group, in line with sustained growth seen in the ten acquisitions in France and internationally over three years, is pleased to announce a new capital increase with participation from its existing shareholders, Aurel NextStage, Galiléo, ACE Management, IRIS Capital and CDC Entreprises in the framework of the France Investissement plan, as well as its directors.

This new fund raising for €4 million is aimed at financing part of the group's 2008 growth plan intended to reinforce its presence in countries where it already has strong representation such as France, as well as Canada and the Netherlands.  A second fund raising round at the end of 2008 will be carried out amongst new investors to achieve its ambitious targets, namely, attaining critical mass in 2008 in every country where the Group is present.

From 2009, the group’s target is to set up in other European countries and North America. ‘We would like to thank our long-standing partners who, once again, have shown their support by participating in this financial operation. Their renewed confidence in us is a sign of their satisfaction in view of the course taken since the creation of the group, rapidly positioning itself, as per the original plan, as a key international player in Technology Consulting', Alyotech Group management stated.

Contact: RLPV Conseil.
Cyril Levy-Pey on +33 (0)1.42.70.31.29 / +33 (0)06.08.46.41.41
e-mail : alyotech@rlpv.com