Briefs: Bango raises £0.45m in share placing; Sybermedica’s PACSMail links radiology images between UK, China
Bango plc, which provides a mobile internet payment platform, said it has raised £450,575 through a placing of 1.35m new shares.
CEO and co-founder Ray Anderson and VP Marketing and Alliances and co-founder Anil Malhotra subscribed for 476,776 and 20,000 shares respectively. The rest of the shares have been conditionally placed with existing investors.
Most of cash will be used for extra working capital, primarily to enable Bango to accelerate payments to selected content providers ahead of receipt from mobile operators.
Chairman Lindsay Bury said: "Bango is continuing to make progress towards profitability and is experiencing significant growth in end-user revenues from larger customers in the USA. These funds will give the company flexibility to enhance the service offering to selected content providers, delivering an additional margin opportunity."
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Sybermedica's PACSMail technology is being used to provide an imaging bridge between the UK and China during the summer of 2008.
PACSMail is allowing experts in musculoskeletal radiology to provide advice to sports doctors in Hong Kong, Quingdao, Macau and Beijing. Each centre has been set up with a PACSMail connection, allowing doctors to send MRI and CT scans for remote review in the UK and also to share them within China, ensuring continuous access to specialist diagnostic services as individuals move between sites.
CEO of the Cambridge-based firm Steve Gatley said: "PACSMail has an excellent reputation among specialists in sports medicine in the UK and in Europe. The link to China shows how PACSMail can be used to provide an accessible, scalable and cost-effective medical communications environment on a truly inter-continental basis."
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Autonomy Corporation plc, a global leader in infrastructure software for the enterprise, said its software and hosted services for end-to-end eDiscovery and archiving enable the compliance archiving and search of BlackBerry Pin-to-Pin and SMS messages, helping organizations manage risks associated with mobile communications and comply with regulations such as the Federal Rules of Civil Procedure.
The Autonomy eDiscovery and archiving solutions support more than 1,000 data formats, including multimedia attachments, imaged documents, instant messages, BlackBerry Pin-to-Pin messages, SMS, audio, and video logs, and can automate the retrieval of relevant information for risk management through a conceptual understanding of the meaning of the messages and data.
