Trellia Announces Financing of USD 3.5 Million Solidarity Fund QFL and Skypoint Capital Invest in Trellia



    MONTREAL, June 14 /CNW Telbec/ - Trellia Networks Inc., leading developer
of intelligent mobility solutions based in Montreal, announced today it has
received USD 3.5 million in financing from Solidarity Fund QFL and Skypoint
Capital.
    "These funds will allow us to grow the company aggressively, allowing us
to rapidly commercialize our solutions within the wireless carrier, devices
and IT enterprise markets." said Giovanni Forte, founding President and CEO of
Trellia. "We are very pleased to have Solidarity Fund QFL and Skypoint Capital
as our partners. Their investment in Trellia is a clear validation of our
technology and business strategy"
    "With its wireless and software architecture and expertise combined with
an open-standard carrier grade solutions, Trellia has successfully been able
to deliver solutions to tier-one manufacturers and telecom operators. Although
it faces a formidable marketing challenge, we believe the company has
everything it takes to soar, and we commend its management team for its work
and strategic vision ", stated Jacques Bernier, the Fund's Senior
Vice-President, Information Technologies, Telecommunications and Industrial
Innovations.
    Trellia has developed numerous mobility solutions that enable secure and
seamless connectivity for the mobile workforce in a multi-wireless-network
environment. With support for LAN, Wi-Fi, 3G cellular and WiMAX communication
technologies, Trellia's solutions are the first to provide a zero-click
connectivity experience to the mobile worker, while enforcing stringent IT
policies on mobile devices such as laptops and smartphones.
    Numerous wireless carriers, hardware manufacturers and IT organizations
throughout North-America have chosen Trellia's Nomad Mobility Platform. The
Nomad solution is particularly suited for the needs of mobile workers within
the finance, healthcare and government markets.
    This funding announcement represents the second investment in Trellia by
Skypoint Capital. The last investment, totalling USD 3.3 million, dates back
to 2005.
    "We believe that Trellia is well positioned to become a major player in
the mobility market. Our investment will help Trellia achieve their
commercialization objectives rapidly." said Andrew Katz, General Partner and
co-founder of Skypoint Capital.

    About the Solidarity Fund QFL

    With net assets of over $6.8 billion, the Solidarity Fund QFL is a
development capital company that through its RRSP channels the savings of
Quebecers into investments in all sectors of the economy to help create and
maintain jobs and to further Québec's economic growth. The Fund is a partner,
either directly or through its network members, in 1,681 companies. It
currently has nearly 570,000 shareholders and has helped, on its own or with
other financial partners, to create, maintain and support over 116,000 jobs.
For more information, visit www.fondsftq.com.

    About Skypoint Capital(R)

    Skypoint Capital(R) (www.skypointcorp.com) forms and manages venture
capital funds that stimulate and leverage the ever-changing telecommunications
and information technology sector. Its funds provide early-stage equity
capital to new or growing businesses with the potential to become major
enterprises. The firm, which currently has US $160 million under management,
invests primarily in Canada, but also in the US, Israel and the UK. The
members of the Skypoint Capital team have participated in more than 80
technology start-ups in the Ottawa and Montreal regions.

    About Trellia

    As the leading worldwide developer of intelligent mobility solutions,
Trellia's vision is to enable a world where the mobile workforce is always
securely and seamlessly connected. Privately held and headquartered in
Montreal, Trellia has established partnerships with leading technology
developers as well as service providers that enable seamless integration of
its solutions into any enterprise environment. Trellia's solutions securely
and seamlessly mobilize workers worldwide. For more information visit
www.trellia.com.




For further information:

For further information: The telephone numbers provided below are for
the exclusive use of journalists and other media representatives; Trellia:   
Brett Beranek, Marketing Manager, (514) 747-5222 ext.285,
bberanek@trellia.com; Solidarity Fund QFL: Josée Lagacé, Senior Advisor, Press
Relations and Communications, (514) 850-4835, jlagace@fondsftq.com


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