HAMBURG, Germany, March 7, 2001 (PRIMEZONE) -- Gauss Interprise AG, the leading global supplier of unified content management solutions, announces a capital increase of EUR 5.685 million from authorized capital.
As of Feb. 8 this year, Gauss had made a capital increase, which gave EUR 6.52 million equity funding to the company. This latest financing realizes a liquidity infusion of more than EUR 20 million in total, enabling Gauss to further pursue its global strategy of empowering ebusiness through its advanced enterprise unified content management products.
The capital increase has been subscribed by the following investors:
EUR 5.5 million have been subscribed by IKB Beteiligungsgesellschaft (IKB BG), the venture capital company that funded Gauss in the pre-IPO phase, and an additional EUR .185 million have been invested by the Gauss management. These new investments in Gauss show confidence in the company's strategy, positioning and products. From this authorized capital increase 2,194,983 shares are issued at a price of EUR 2.59 in connection with the suspension of subscription rights.
The total number of shares is now 35,994,460.
In addition, the Vereins und Westbank is providing EUR 8 million for investment and working capital financing.