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Intensive Storage Solutions For The Enterprise |
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Features - Financial Plays Of The Week:STORAGE COMPUTER RETAINS iCapital FINANCEStorage Computer Corporation, a provider of high-performance storage and data management systems, has announced it has engaged iCapital Finance Inc (iCapital) of Irvine, California as its investment banking consulting firm to assist the Company in structuring financing, provide access to capital resources, identify candidates for marketing and distribution alliances, and advise the Company's Directors and management on other strategic decisions. "iCapital has a direct connection to the investment community which will help us quickly move forward with our strategy to increase revenues, return the Company to profitability with the goal of maximizing shareholder value," said Ted Goodlander, CEO of Storage Computer. "Their experience will aid in our overall market support and assist us in fostering relationships with capital resources and strategic alliances including distribution and reseller channels. We are pleased to be associated with this aggressive and experienced firm." iCapital is one of the premier investment banking consulting firms in the United States catering specifically to small capitalization public companies. With over 50 corporate clients, iCapital has the experience and resources to quickly facilitate financing and to bring strategic alliance candidates to the table. Randall Letcavage, who is Managing Director and Principal of iCapital Finance and oversees the firm's Investment Banking Group, states, "We believe that Storage Computer Corporation represents technology in this sector that is poised to become the products of choice for a large number of network users. The company is now moving its sales and marketing direction to include strategic alliances and joint ventures that will help to impact market penetration. iCapital will help facilitate these relationships as well as coordinate the capital needs to move Storage Computer forward" |
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