3TS Venture Partners :: Press Release -
[Cached Version]
Published on: 11/9/2002
Last Visited: 9/3/2008
Sandor Fejes, chairman and CEO of Voxline, said the company expects to grow to 25-30 employees from its current 10.Based in Szeged, Voxline also has offices in Budapest and Belleville, New Jersey.
He said the company will spend the next six months intensively developing its product family.The investment will help fund operations over the next period, Fejes said, while declining to say what the firm's expected turnover would be for 2001.
"We consider ourselves a battering ram in this market," Fejes said, adding that existing players in the mobile Internet market might not willingly accept new solutions.
Since its first investment last June, 3TS has closed seven deals in the region, including investments in E-Group Rt, Laserbit Kft, Paymentor and CV-Online.