Enigmatec Announces $14 Million in New Funding

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Tue Aug 5, 2008 4:00am EDT 

LONDON--(Business Wire)--
Enigmatec Corporation Limited, the leading enterprise Data Center
Automation vendor, has raised a further $14 million to accelerate the
expansion of its international operations. The funding will also be
used to establish a Centre of Excellence in Scotland. The round
includes participation from new investors Scottish Enterprise and
Noble Venture Finance as well as current investors Amadeus Capital
Partners, Pentech Ventures, Herald Ventures and Kevin Lomax.

   "Enigmatec is exactly the kind of ambitious high tech company we
are looking to attract to Scotland. As the market leader in their
field they will attract the best and enhance Scotland's economic
growth," said Neil Ross, Head of Investment Funds, Scottish Enterprise
Investments.

   Chairman of the Enigmatec Board, Kevin Lomax said: "Having
established technological leadership, we are now gearing up our
operations to take advantage of the rapidly expanding global market
opportunity for data center automation solutions."

   Peter O'Neill, CEO added "I am delighted to welcome our new
investors on board. This financing allows us to scale up our sales and
marketing operations and take full advantage of the exceptional
engineering talent in Scotland. I look forward to working with
Scottish Enterprise to support our operations there. Critically, we
will now have the talent and scale to serve our customers in our key
markets of North America and Europe."

   Enigmatec will build on the success of its data center automation
solutions, including Enigmatec Management System (EMS), Virtual
Orchestrator (EVO) and Automated Disaster Recovery (ADR), which enable
dynamic allocation of IT resources in response to minute-by-minute
operational changes.

   In addition to its plans to establish a Centre of Excellence in
Scotland, Enigmatec has expanded its presence in the US in recent
months in preparation for broadening its sales activity within the
telco and financial services sectors in particular, where Enigmatec
solutions have brought rapid and tangible benefits.

   About Enigmatec

   Enigmatec is the leader in enterprise data center automation for
today's on-demand enterprise IT environments. Global customers rely on
Enigmatec as a foundation technology for the next generation data
center.

Saffron Communications Limited
Salli Roskilly , +44 (0) 1763 208708
salli(at) saffroncoms.com
or
Enigmatec
Nina Kalra, +44 (0) 20 7448 3450
ninak@enigmatec.com

Copyright Business Wire 2008
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