Appoints RSM Richter to provide management consulting and transaction support services.
Sherbrooke, Canada, February 23, 2012 –Media5 Corporation, a leading provider of IP-based multimedia communications solutions, announced today that it has opened a capital investment round to secure the next stage of the Company’s growth.
The General Manager of Media5, Mr. Philippe Babin, said: “Media5 has consistently delivered year-on-year growth in its core businesses. We have also continued to invest in R&D to ensure that we have the team and the technical expertise to offer the next-generation of advanced multimedia communications solutions. Our financial performance in FY 2011 and newly minted agreements with key partners clearly demonstrates that the Company is positioned to extend its leadership position in the market.”
“Despite challenging economic conditions, Media5 has demonstrated four consecutive years of positive financial operating results. Now is the time to accelerate our international expansion.”, said Babin.
The management team and Board of Directors of Media5 have selected RSM Richter to provide management consulting and transaction support services.
About Media5 Corporation
Media5 Corporation is a global supplier of multimedia communications solutions for fixed and mobile service providers, unified communications services, and hosted communications services.
Media5 has its corporate offices in Canada, with regional offices in the United States, Europe, and Latin America.
For more information, please contact:
Marketing Communications Manager
Phone: + 1 819 829 8749 ext: 5210