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Eqvitec continues to strengthen its Swedish operations


PRESS RELEASE 8 FEB 2008
FOR IMMEDIATE RELEASE

Eqvitec Partners has strengthened its Swedish operations by employing Hadar Cars as Investment Director.

Hadar has more than six years experience in ICT venture investments. Before his venture capital career he has gained experience from technology-based startups. He was President in CellPoint Systems AB and co-founder in Orange Sverige AB. He started his career with nine years at Ericsson, where he among others was 4.5 years in Japan as General Manager for Japan Ericsson's fixed network systems division.

Jukka Mäkinen, Managing Partner of Eqvitec Partners comments: ”Hadar’s previous experience from venture capital investments, combined with his background from both entrepreneurial ventures and corporate world are great assets for Eqvitec and we are very happy to add him to our Swedish team”.

For more information please contact:

Jukka Mäkinen, Managing Partner, Eqvitec Partners, phone +358 50 665 63.

Eqvitec Partners Oy is one of the largest technology focused venture capital firms in Northern Europe. The company was founded in 1997 and employs 15 investments professionals in Helsinki and Stockholm. Eqvitec Partners currently advises five funds with a total capital base of 440 million euros. The funds invest in growing technology companies from start-up to later-stage phases. At the moment the funds have investments in 40 technology companies and have successfully carried out 25 exits. More information can be found at www.eqvitec.com.


Publisher Contact Information:

EQVITEC Partners Oy
+358 50 665 63
-

Company profile of EQVITEC Partners Oy
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