AXCESS Secures Funding Despite Financial Difficulties

Published: February 28, 2003

The board members at AXCESS Inc. have approved a round of funding to support the company’s working funds and growth needs for the year.

“The financing will help the asset management company purchase the inventory necessary to work down our backlog and concentrate on growing the business,” says Allen Griebenow, president and CEO of AXCESS.

Griebenow adds, before securing this funding, the company had been able to fulfill a sizeable number of orders during the past few months despite financial difficulties.

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