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CSYT Communication Synergy Technologies (CE)

0.000001
0.00 (0.00%)
06 Jan 2025 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Communication Synergy Technologies (CE) USOTC:CSYT OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.000001 0.00 00:00:00

Communication Synergy Technologies Inc. Announces Venture Capital Investment with the Trillium Group to Expand Market Presence

22/11/2005 4:12pm

PR Newswire (US)


Communication Synergy Te... (CE) (USOTC:CSYT)
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ROCHESTER, N.Y., Nov. 21 /PRNewswire/ -- Communication Synergy Technologies Inc., (ComSynTech) (CSYT) a developer of document management solutions, announced today investment from the Trillium Group, a private equity firm, to fund acceleration of its product development and commercialization. The Trillium Group, also located in Rochester, has agreed to provide investment capital from its University Technology Seed Fund. The fund was specifically developed to support promising ideas and product concepts requiring capital prior to full commercialization. According to ComSynTech CEO and founder Dr. Seth Borg, "Our relationship with the Trillium Group brings the resources we need to finalize our commercialization programs and is a logical step in developing relationships necessary to speed our products to market." Trillium's funding support will be focused on two of ComSynTech's products: The InFORM(TM) Radiology Information System (RIS) for integrating and automating radiology and diagnostic imaging center workflow, and the Document Vault which delivers a scalable and fully automated document archiving process eliminating reliance on originating software or hardware. Trillium General Partner, Jose Coronas said today "The promising technologies that ComSynTech has been developing offer strong potential to shape markets and businesses in a way that provides increased productivity and cost containment. It's the type of business we look for, and we are supportive of their mission." Communication Synergy Technologies Inc. (ComSynTech) develops and markets document creation, management and preservation systems for medicine, industry, finance and government. Its products provide efficiency, flexibility and improved quality by automating the creation, capture, management, distribution, archiving, preservation and retrieval of voice and word documents across multiple markets. ComSynTech products and development platforms integrate with and complement existing technologies, accelerating time-to-implementation. DATASOURCE: Communication Synergy Technologies Inc. CONTACT: Ron Roberts, Martino Flynn, LLC, +1-585-421-0100; Investor Relations, Chief Operating Officer, Communication Synergy Technologies Inc., +1-585-241-9150,

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