SOURCE: Scrybe, Inc.

August 08, 2007 08:30 ET

Scrybe, Corp. Secures Series A Funding; Adobe and LMKR Invest in Innovative New Web-Based Productivity and Project Management Tool

Investment to Accelerate Growth, Fuel Development of Industry's First Online Productivity Tool to Offer Unprecedented Offline Access

BOSTON, MA--(Marketwire - August 8, 2007) - Scrybe, Corp. (www.iscrybe.com) announced today it has closed its first round of Series A funding from Adobe Systems Incorporated and LMKR. Following a highly successful beta campaign that captured the attention of hundreds of thousands of users and influencers across the globe, Scrybe will use this new injection of capital to accelerate growth in key operational areas and drive new product development initiatives.

"Scrybe has captured the imagination of users around the world, engaging customers who share our vision of simple, elegant yet powerful productivity tools," said Faizan Buzdar, founder and chief executive officer of Scrybe, Corp. "We're pleased to have Adobe and LMKR support our efforts to create a world-class organizational and development team that will help build a significant presence for Scrybe in the global marketplace. Leveraging new Adobe technologies, we will dramatically accelerate Scrybe's efforts to redefine the user experience for web-based productivity tools."

"The enthusiasm for the Scrybe beta is an indication of the strong desire for a richer user experience with web-based productivity tools," said John Leckrone, director of Venture Development for Adobe. "We're pleased to be working with Scrybe as they continue to evolve their technology platform."

"The impact Scrybe has already created in the global market for web-based productivity tools is nothing short of impressive," said Atif Khan, chief executive officer of LMKR. "We are committed to ensuring Scrybe has the appropriate resources to go to market effectively and execute their long term vision."

About Scrybe

Scrybe is a new online organizer that leverages the innovations of rich internet platforms to bring users a simple, elegant yet powerful experience, designed to work the way users think. For more information and to watch the Scrybe demo video, please visit www.iscrybe.com.

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