Helveta, investment in timber tracking technology

Investment Announcement: OCP invest in Helveta

 

Helveta enables the prediction and prevention of environmental and production problems through analysis of data from client physical assets. The company’s unique Control Intelligence System deploys a sophisticated library of analytics to predict and prevent business issues such as regulatory non-compliance, production outages and equipment failure. The funding from Oxford Capital Partners will be used to drive sales growth in Helveta’s established vertical markets of Energy, Utilities, Agriculture and Chain of Custody.

Patrick Newton, CEO of Helveta, said: “Having deployed installations with international majors in our key industry verticals, we are now looking to scale substantially in terms of sales growth. Funding from Oxford Capital Partners validates the Company’s plans for the future and provides a firm foundation for growth of Helveta’s sales engine. We are very pleased to have Oxford Capital Partners join us as one of our key investors.”

David Mott, Director of Oxford Capital Partners said, “Helveta offers its clients a powerful solution to prevent production losses and improve asset efficiency. The Helveta team has demonstrated it has the energy and drive to win new customers and deploy the solution in remote and harsh environments. We are pleased to support Helveta in driving its sales and marketing programme forwards in 2005.”

For further information, contact David Mott on 01865 860 760 or by email.

17 December 2004

Notes to Editors

Oxford Capital Partners is a science investment banking firm with over 10 years of experience of investing and supporting high technology businesses. Based in Oxford, the company specialises in identifying exceptional early stage companies with high growth potential. Oxford Capital Partners is an active supporter of the UK’s science and technology base.

Helveta Limited (www.helveta.com) enables the prediction and prevention of environmental and production problems for Blue Chip and Fortune 1000 companies through analysis of real-time data from client physical assets anywhere in the world.

The company’s unique Control Intelligence System deploys a sophisticated library of analytics to asset data to predict and prevent business issues such as regulatory noncompliance, production outages and equipment failure. The company has customers in major corporate industrial markets including Energy, Utilities, Agriculture and Chain of Custody. Helveta is a privately held company with offices in the UK and the US.

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