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Blue Ridge Numerics Receives Strategic Capital Investment

	Posted Tue May 09, 2006 @03:28PM
	Blue Ridge Numerics has received an infusion of working capital from a strategic partner, Global Environment Fund, to expand sales and marketing, expedite the development of CFdesign, and sustain leadership of upfront CFD category. "Today’s financial investment along with the on-going strategic support of GEF provides Blue Ridge Numerics the working capital and resources necessary to fully realize our business mission," stated Blue Ridge president, Ed Williams. "Today we are better positioned to accelerate the rate of innovation to benefit our customers and to capitalize on future opportunities such as acquisitions and a public offering."

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