| entrust strengthens capital base for growth |
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The shareholders in entrustIT have provided further funding to increase expansion during 2009/10. The additional £0.5M was raised by a share issue that was supported in full by existing shareholders and directors. The capital is being ring-fenced for expanding the entrust facilities and to grow the company further by acquisition. CEO, Jeff Dodd noted that "we are exceptionally fortunate to have a very talented management team, supported by shareholders who are willing to provide the funds necessary to achieve our growth targets. This injection of capital is a demonstration of their belief in our people and business model and we are delighted to receive their further endorsement." For more details contact john.hardstaff@entrustit.co.uk
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