DataLase announces completion of international financing round

FEBRUARY 15--DataLase (Widnes, UK, and Norcross, GA, USA), originator of the DataLase process, has just secured $10 million of funding for expansion in the United States.

FEBRUARY 15--DataLase (Widnes, UK, and Norcross, GA, USA), originator of the DataLase process, has just secured $10 million of funding for expansion in the United States. The latest finance round involves MTI Partners, Hotbed, and BASF Venture Capital GmbH, the corporate venture group of Chemical Company BASF. This substantial investment follows the success of DataLase's US expansion in 2006 and the company's continued global development.

DataLase offers expertise in the laser-marking industry and is committed to developing patented, innovative laser-marking solutions across a range of sectors, including product identification, anticounterfeiting, brand protection, and document security. The company's expanding product range includes the newest addition to its portfolio, DataLase CASEMARK. This is an alternative solution to print-and-apply labels designed for outer-case secondary packaging.

More information about the DataLase process is available at www.datalase.com or by e-mail: usainfo@datalase.com.

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