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AlwaysON Secures Additional Funding from Foresight Group - alwaysON secures additional funding from Foresight Group for the continued delivery of highly available, scalable and innovative solutions throughout the UK - alwaysON.co.uk
AlwaysON Secures Additional Funding from Foresight Group

 

PRZOOM - /newswire/ - Reading, Berkshire, United Kingdom, 2012/10/31 - alwaysON secures additional funding from Foresight Group for the continued delivery of highly available, scalable and innovative solutions throughout the UK - alwaysON.co.uk.

   
 
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alwaysON, a unified communications and managed network provider that specialises in Microsoft Lync solutions, today announced that they have secured additional funding from Foresight Group to enable the continued delivery of highly available, scalable and innovative unified communication and managed network solutions.

Foresight Group acquired alwaysON in late 2009 and after putting in place new management, has continued to support the business. In April 2012, Foresight Group continued to show their support by investing a further £750,000 in alwaysON. The new investment will be used by alwaysON to expand their UK-wide network and refresh their core infrastructure. Sustained investment in their network architecture will safeguard alwaysON’s ability to deliver unified communication solutions across their network, which is a unique capability that addresses many communication challenges for the UK medium enterprise sector.

“This additional funding is fantastic news. Not only does this mean that we can execute against our strategic milestones, but also clearly demonstrates that our owners have bought into our strategy, our potential and our commitment to growth for the future” (James Byles, Managing Director, alwaysON Ltd)
The initial investment made by Foresight Group mid-2005, was to support the development of a highly secure and resilient infrastructure to enable the delivery of converged voice and data network solutions. Since then, alwaysON (alwayson.co.uk) has continued to develop this infrastructure, supported by technical expertise and rigorous processes that are required to meet its customers demanding expectations and their demand from for unified communication solutions such as Microsoft Lync.

“We are very encouraged to see that alwaysON has developed a unique strategy for the delivery of their unified communication solutions. By leveraging their most valuable business asset – their wholly owned network infrastructure, alwaysON can exploit their unique capability for competitive advantage in the market” (Russell Healey, Investment Director, Foresight Group).

 
 
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Agency / Source: alwaysON Ltd

 
 

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AlwaysON Secures Additional Funding from Foresight Group

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Contact: Jayne Diffin - alwaysON.co.uk 
+44(0)33 3077 0027 jdiffin[.]alwayson.co.uk
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any alwaysON Ltd securities in any jurisdiction including any other companies listed or named in this release.

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