Lalisio secures seed money investment from bm-t beteiligungsmanagement thüringen gmbh
Following the Merger of German Lalisio GmbH and US-American QUASM Inc., bm-t Acquires 25% Stake of Lalisio; the Companies Have Agreed to Maintain Silence About the Purchase Price
ERFURT, GERMANY - (MARKET WIRE) - Jul 17, 2007 - Lalisio, the social network for scholars worldwide, will use the investment to complete the integration of QUASM and Lalisio, to establish a stronger U.S. presence, and to integrate the QUASM Search and Presentation Engine into the established Lalisio website at www.lalisio.com. A larger follow-on round of financing is anticipated by the end of 2007 to fund an enhanced marketing plan and to explore additional applications of the QUASM Search and Presentation Engine in other commercial fields.