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Intamac Raises Further GBP 900,000 to Meet Market Momentum


NORTHAMPTON, England- Intamac, the leading service provider for internet-based remote home monitoring and management, has raised a further GBP 900,000 of funding from its existing private investors. This investment brings the total funding of the company to date to GBP 2.8 million. The additional capital will be used to bring three new product offerings to market in autumn 2006 with British Telecom and major partners in the Canadian and Australian markets and to build on the lead Intamac has built up in developing internet-based services for the broadband-enabled `Digital Home`. Intamac was advised in this funding round by Ariadne Capital.
A number of well-known and respected UK entrepreneurs have backed Intamac to date including: Mark Blandford, the founder of Sportingbet; Peter Wakeham, the founder of WILink; Nigel Burton, the CFO of Granby Oil & Gas. Joining in this round of funding are: John O'Connell, the founder of Staffware (now Tibco); Tina Rogers, portfolio non exec chairman and business angel; and Jonathan Rowland, a private investor with the Rowland family. Pace Micro Technology plc, the world's largest dedicated developer of digital TV set-top box technology is a 10.7 per cent shareholder in the firm.
Peace of mind for GBP 5 a month
'As an initial service, Intamac is bringing householders a complete home security monitoring with video surveillance service for just GBP 5 a month, not including broadband. This means that the elderly and/or single people living alone can - at very low cost - have peace of mind when they are away. If someone breaks into your home, you would immediately receive an alert to your mobile phone enabling you, your neighbours or family to inform the police', says Kevin Meagher, CEO of Intamac.
'In addition parents can monitor their children when under the care of nannies or babysitters, when they have left teenagers at home in charge of the houses or where they have an elderly or infirm relative living with them.'
Remote activation and energy efficiency
'Intamac's approach to the Digital Home puts the consumer at the centre with their needs for control and ease of use at the top of the agenda,' emphasises Meagher. The Intamac service is `device and product agnostic`, offering a platform that enables the consumer to connect any device in the home, starting today with security systems and cameras, but evolving into connectivity for entertainment systems, white goods and heating systems allowing the convenience of remote activation and shutdown and the increasing benefit of energy efficiency.
Intamac provides its 'Home Portal' service through partners who sell to end customers. Key partners include Linksys - a division of Cisco Systems and the global leader in Wireless and Ethernet networking for consumer and small office/home office (SOHO) users - whose first strategic partnership in Europe was with Intamac, and British Telecom. More than 40 partners have requested the Intamac service for their customer bases including house builders, telecom firms, utilities and Broadband service providers.
Consumers can buy also buy Intamac services directly at Dixon Stores Group or at www.intamac.com
About Intamac
Intamac Systems Ltd, founded in 2000 by Kevin Meagher, is the market leader in Internet Accessed Monitoring and Control Services. Intamac is a UK-based Company that has developed a unique internet platform and portal through which individuals can access and manage network systems and appliances and companies can deliver new and innovative products and services, and exploit the benefits of the Internet. Intamac offers these services direct to consumers with a number of selected products, and provides partner companies with a managed service that they can brand and offer to their customer base.
www.intamac.com


Publisher Contact Information:

Intamac Systems Ltd
+448701117234
drimmer@intamac.com

Company profile of Intamac Systems Ltd
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