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Venture Capital Quickens Pulse

February 14 2007

Pulse Group, the Asian-based provider of panels and research process outsourcing (RPO), has today announced the receipt of 'significant' venture capital funding from JAIC, whose Hideaki Fujiyama joins the Pulse Board.

JAIC (Japan Asia Investment Company Ltd) manages over USD$1.3bn of funds across Asia and is Japan's largest independent venture capital firm.

Bob Chua, Pulse CEO commented, 'We are delighted with the partnership between Pulse and JAIC as the injection enables us to further accelerate growth, and enhance our service offerings'.

Pulse was established in Asia, and had quickly expanded coverage into the Pacific Rim and Europe. 'The investment from JAIC allows us to blaze a growth-path in International expansion, panel growth, and strategic acquisitions' added Chua. 'Our organic momentum has been increasing steadily, however, the capital injection will allow us to super size and leapfrog ahead, taking us to the next level'.

Fujiyama commented, 'We're extremely excited to be a part of the Pulse success story, reinforcing its war-chest for accelerated growth. The strong market conditions and company track-record lead us to believe that our financial backing materialized at an opportune time. We're most excited about the future of Pulse'.

Pulse's services include online data collection, data processing, and data analysis. It is online at www.pulse-group.com.

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.

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