Product category:
Compliance Engineering
News Release from: RFI Global Services
Edited by the Electronicstalk Editorial
Team on 03 February 2006
Close encounter boosts investment
New investment will accelerate the expansion of RFI's international market presence and allow the company to increase its range of compliance and product development services.
New investment of GBP 2 million from Close Venture Management will accelerate the expansion of RFI's international market presence and allow the company to increase its range of compliance and product development services RFI's Chief Executive, Stephen Kirk, commenting on the investment said: "We are looking forward to taking advantage of the many opportunities that Close's investment provides"
This article was originally published on Electronicstalk on 4 Jan 2001 at 8.00am (UK)
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"We are delighted to be working together with Close and to have their experience onboard at this exciting and important time for RFI".
RFI's plans include expansion of UK facilities, introduction of key new services as well as establishing presence in Korea to increase its current Eastern Asia activities, as part of aggressive growth within the international market for test and certification laboratories.
RFI is also planning to introduce pioneering international activities throughout 2006 to match the sophisticated test demands of the mobile products emerging from the convergence of mobile telephony, wireless LAN, camera and video capabilities with smartcard contactless terminals.
Commenting on the announcement, Ed Lascelles of Close Venture Management said: "This is a very exciting opportunity for Close; RFI operates in a rapidly growing market".
"We are delighted to back this excellent team and world-leading brand".
Kirk added: "RFI now have in Close, a long-term finance partner to work with our technical and business expertise in test and certification to create an international brand synonymous with quality, professionalism and speed".
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