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Product category: Embedded Software and Operating Systems
News Release from: Amino Communications
Edited by the Electronicstalk Editorial Team on 09 October 2001

Amino gets next wave of cash and two
directors

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In a second round of private equity funding co-ordinated by Peel Hunt, financial institutions in the City of London have invested GBP 3 million in Amino Communications.

In a second round of private equity funding co-ordinated by Peel Hunt, financial institutions in the City of London have invested GBP 3 million in Amino Communications At the same time, Amino has strengthened its executive management team with two key appointments: John Kavanagh has been appointed Sales and Marketing Director; and Stuart Darling is the new Chief Financial Officer

"In today's market conditions everyone in technology businesses is stamping on the brakes and slowing investment decisions", said John Kavanagh, Sales and Marketing Director at Amino Communications.

"Tomorrow's winners will be those able to accelerate at the upturn.

Our approach is to help system builders create well differentiated products with lower risk, less cost and longer life".

John Kavanagh joins Amino from Perot Systems, a global IT services player, where he was Sales Director.

He has over 20 years experience with high technology companies.

He initially trained as a systems engineer at IBM and for most of his career has held senior sales, marketing and general management positions.

He has extensive experience of growing technology-based businesses - including building an international software engineering services business at Raytheon and creating a successful media sector business at Cap Gemini.

Stuart Darling, a Chartered Accountant, has a proven track record in strategic planning and financial management with fast growth technology businesses making him ideally suited to support Amino's growth and corporate development.

He joins from Cartezia, a provider of services and technology to digital businesses and ventures, where he was Chief Financial Officer.

Prior to that Stuart spent 5 years as Chief Financial Officer and Chief Operating Officer of CyberLife Technology - a pioneer in the field of artificial life technology.

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