BEST Funds

BEST Funds

February 09, 2010 10:38 ET

BEST Funds Provides Debt and Equity Financing for N-Dimensions Solutions Inc.

TORONTO, ONTARIO--(Marketwire - Feb. 9, 2010) - BEST Funds a leading Canadian Venture Capital firm,today announced that its Business, Engineering, Science & Technology (BEST) Discoveries Fund and the BEST Total Return Fund have invested in N-Dimensions Solutions Inc a Canadian technology company. The debt and equity investment will support N-Dimensions Solutions Inc's growth plan into 2011.

"Protecting the Smart Grid is a growing concern for both Canada and foreign countries around the world. We were impressed by N-Dimension Solutions and the success they are having on a domestic and international level" said John Richardson, CEO of BEST Funds. "We are excited about supporting another Canadian company by funding their growth and allowing them to compete on the world stage."

From Doug Westlund, CEO and Co-Founder of N-Dimension Solutions Inc.: "N-Dimension Solutions is very pleased with our funding relationship with BEST. BEST took the time to understand our business and our funding requirements and worked to provide a solution that works for us. The funding from BEST provides operating funding for N-Dimension for critical sales, marketing, and product development resources and activities. We look forward to a long standing relationship with BEST."

About BEST Funds

BEST Funds, a leader in the venture capital arena since 1996, focuses on rapidly growing Canadian companies, where new technology can fundamentally change the way people conduct business or enjoy their lifestyles. After identifying an emerging market that has tremendous growth potential, BEST Funds' experienced management team then selects companies poised to be leading players in that market for the investment portfolio. The company's extensive experience in the venture capital arena helps ensure that all of our investors partake in unique opportunities otherwise available only to high net worth and institutional investors.

For more information, please visit www.bestfunds.ca.

About N-Dimensions Solutions Inc.

N-Dimension designs, develops, and markets cyber security solutions for the Smart Grid. N-Dimension participates on industry working committees in both the United States and Canada which are defining and implementing cyber security standards for the Smart Grid. N-Dimension's offerings address the cyber security threats and compliance requirements for Smart Grid deployments.

For more information, please visit www.n-dimension.com.

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