News
(Financial Wire) Madesco Technologies Retains Cronus Capital Markets to assist
with Homeland Security business strategy.
Madesco Technologies, Inc has retained Cronus
Capital Markets to assist in the development of business strategies related
to increasing market share in the lucrative homeland security market.
Cronus Capital Markets developed with the International Securities Exchange
the leading tradable equity index for the homeland security market. The ISE-CCM
Homeland Security Index (ISE: HSX) includes top homeland security companies
such as L-3 Communications (NYSE: LLL), Thermo Electron (NYSE:TMO) Harris Corp
(NYSE:HRS), and Mantech International (NASDAQ: MANT).
Madesco Technologies, Inc. manufactures and designs advanced mobile team communications
solutions for first responders. Madesco is the architect of TeamComms™,
a wireless and hands-free modular communications system so first responders
can hear and be heard at the individual, team and command levels simultaneously.
"The first responder market is one of the fastest growing segments of
the homeland security market. We feel that Madesco is in the right place, at
the right time, and with the right technology to help solve communication problems
amongst first responders. We look forward to playing a role in their success",
noted Michael Soni, President & CEO
of Cronus Capital Markets.
"We are excited by the positive relationship we are establishing with
Cronus," said Larry Cole, president of Madesco Technologies Inc "their
experience with emerging technology companies and their access to capital markets,
particularly in the homeland security sector, will be a great enabler in our
quest to grow a successful business with international reach. We feel that our
product offering will save lives of first responders through enhanced communications
and achieve wide acceptance in the international marketplace. We look forward
to working with Cronus on our future growth financing needs."
Cronus Capital Markets (CCM) is a leading business consulting firm specializing
in capital market related issues and how they impact small and mid-sized public
companies. CCM work's with public companies in the United States and Canada
interested to optimize their "public company" status by offering solutions
that unlock hidden value and lead to accelerated business growth. The primary
mission of Cronus Capital Markets is to help small and mid-sized public companies,
in a wide variety of industries and emerging growth sectors, overcome market
inefficiencies that are commonplace among public companies under $500 million
in market capitalization, such as poor corporate awareness, stagnant market
capitalization, low liquidity and poor access to funding.
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