February 2009

iSpeed Network International Ltd Announce the Acquisition of 5 Minute Networking


TORONTOiSpeed Network International Ltd (a Newbridge Financial Group of companies) announce today the completion of the acquisition of the assets and intellectual properties of 5 Minute Networking.

This acquisition will provide new sources of capital for the continue development of the software to reach new international markets. 5 Minute Networking revolutionize how networking is facilitated by automating the way business speed networking.

Currently, the “5 Minute Networking” software is mainly licensed in the United States. iSpeed Network is planning the release of the international version in mid 2009, which will increase the marketability of the software.

Our patent pending speed networking event facilitation software is licensed to Chamber of commerce, university, conferences, trade shows, corporations, and any group wanting to increase the quality of interaction amongst their members, employees or attendees. The software minimizes the work involved in facilitating events and maximizes results for event participants. For instance, attendees can specify which industry groups they would prefer to meet. The software also keeps track of who has met whom so attendees meet new people at every event. After an event, attendees can login to www.5MinuteNetworking.com and follow up with each other online.