BEST Funds Invests $4M Into Intelligent Mechatronic Systems

BY: 

Dave Forde
July 29, 2013

BEST Funds made another investment recently, this time into Waterloo-based Intelligent Mechatronic Systems Inc. (IMS) with a $4 million debt-investment.
John Richardson, CEO of BEST Funds, said, “in today’s fast-paced economy, consumers are looking for a way to optimize every moment of their day, whether they are at work, home or on the road. We believe that IMS’ Connected Car™ technology is a breakthrough that will enhance people’s lives greatly – which is exactly the type of innovation we seek out.”

The investment will allow IMS to further pioneer innovative solutions in vehicle safety and intelligence through a continued focus on research and development.

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Dave Forde


Dave “The Connector” Forde has been involved in the marketing, public relations and technology industry across Canada for over 20 years in various sales and marketing roles, he launched The Connected One network of business sites which connects buyers to the right sellers. Profectio and PR In Canada covers news about the marketing and public relations industry each day helping professionals advance their career and businesses. He also serves as an advisor to a number of businesses across the country. Find Dave on LinkedIn and Twitter.


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