DGAP-News: Artificial Life Source Holding PLC secures 50 Million Euro in Equity Funding
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Artificial Life Source Holding PLC secures 50 Million Euro in Equity
Funding
05.12.2011 / 13:45
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Artificial Life Source Holding PLC secures 50 Million Euro in Equity
Funding
Berlin, December 1, 2011 -- Artificial Life Source Holding PLC
(www.alife-source.com) announced today that it has secured a Euro 50
Million equity funding from Deutsche Capital Partners AG.
With a focus on key industries that are facing scarce human resource
issues, Artificial Life Source Holding PLC with its subsidiaries, a network
of researchers and innovators have utilized a combination of intelligent
resources to develop a customizable system, dedicated to creating an
alternative resource that services three specific industries, one at a
time. The industries include, Lifestyle Entertainment, Home-care and
Healthcare.
Artificial Life Source Holding PLC (with its global brand of ALIFE(R)) is
based in Berlin, Germany. With this move, it aims to carry the strategic
image of high quality German made products with all of its systems. 'This
is well-planned as our major markets are in Asia, and it has already been
well-crafted into most Asian mindsets that German made products stand for
reliability and high quality, especially when it comes to engineering and
industrial innovation.' explained the Group's CEO, Mr Devan Nair.
Artificial Life Source's set of Intelligent Solution
The most pressing issue facing these three key industries; Lifestyle
Entertainment, Home-care and Healthcare, is the shortage of skilled human
resources. And because the human factor plays a crucial role in its
facilitation, further deterioration could ultimately result in the
industries' destruction.
On the topic of the agreement, the Group's CEO, Mr Devan Nair commented,
'The 50 million Euro funding agreement has enabled the company to utilize
its shares to obtain both cash flow and the required funds to further
develop, grow and expand our range of intelligent products for the
different industries, and to make a difference to the consumer's lifestyle.
We have since our establishment, grew our capital over the period of 4
years, to over 100 million Euro. We are happy that Deutsche Capital
Partners AG is committed to meeting the funding needs of Artificial Life
Source Holding PLC.'
With this funding perfected with the timely arrival of the opportunity to
work with institutional investors and partners to launch their products and
solutions into the huge Asian and European market, Artificial Life Source's
success is ensured.
Artificial Life Source's executive board is looking at strategic mergers
and acquisition of key resource companies with synergistic development
ability, to ensure that the company continue its growth as a market leader,
and in securing a sufficiently large portion of the wealthy Asian consumer
estate.
DCP spokesperson Markus Hoff added that, 'Artificial Life Source Holding
stands out as one of the few A.I. firms in pace with the trend of
converging life and technology. Convergent technologies are disruptive and
profitable industries, especially those that can be achieved in the near
future. It is a pleasure for Deutsche Capital Partners to be considered for
financing this very exciting opportunity, which could most potentiallybe
the next Toshiba, Microsoft, and Electronic Arts all in one. Through the
consortium of partners who are focused on fast equity capital and financing
firms, we intend to meet obligations and produce positive results for
Artificial Life Source Holding PLC. '
About Deutsche Capital Partners AG (DCP)
Deutsche Capital Partners A.G. is a private capital firm which funds its
own capital positions within firms or through capital instruments by
financing publicly traded firms on the Frankfurt Stock Exchange (FSE
Listings).
For information on Deutsche Capital Partners AG go to
www.deutschecapitalpartners.com.
About Artificial Life Source Holding PLC:
ARTIFICIAL LIFE SOURCE HOLDING PLC
Douglas, Isle of Man
International Securities Identification Number (ISIN): IM00B42CVB98
German Securities Identification Number (WKN): A1JJ5H
Frankfurt Symbol: ALF
With offices in:
Artificial Life Source Holding PLC
Kurfürstendamm 30, 10719 Berlin, Deutschland
TEL: +49-30-886200-117
FAX: +49-30-886200-200
Artificial Life Source Pte Ltd (Singapore)
21 Bukit Batok Crescent, WCEGA Tower,
#11-71 Singapur 658065
TEL: +65-6629-0028
FAX: +65-6629-0026
Artificial Life Source Co. Ltd (Korea)
425-dong, Gangnam-gu,
Tehran divine Building, Seoul Korea
TEL: +82-02-3468-3886
FAX: +82-02-564-7798
End of Corporate News
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Datum: 05.12.2011 - 13:45 Uhr
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