MAY 2006 - VQ COMMUNICATIONS’ AMBITIOUS GROWTH PLANS BOOSTED BY SOUTH WEST VENTURES FUND.

VQ Communications Limited has secured venture capital funding from South West Ventures Fund, which was established to make venture capital available to small and medium-sized enterprises (SMEs) with high-growth potential in the South West region and is managed by the YFM Group.

“We have spent many years developing high quality products that give our clients an enhanced communications experience,” said Giles Adams, Chief Executive Officer of VQ Communications Ltd. We are delighted that South West Ventures Fund is backing both our product and our prediction that we can deliver substantial growth, in the rapidly expanding IP market, over the coming years. Our vision is to become the dominant communications service provider delivering Visual Communications services in the business to business market.”

John Baker, investment manager with YFM Group, managers of the South West Ventures Fund, said: “This latest deal on behalf of VQ Communications Ltd. is a marvelous opportunity to provide financial backing to an experienced team with a proven, high quality product. This is an exciting sector with the potential to deliver communications in new and improved ways. The VQ products are at the forefront of their field and the company is therefore extremely well placed to capitalise on growth opportunities. We look forward to working closely with VQ Communications Ltd.”

For more information regarding VQ products, contact
VQ Sales on +44 (0) 845 270 2345
or email at sales@vqlive.com

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