Amaryllo issues new shares to fund company development Print

Amaryllo, the leading solutions provider for RDS based Traffic information systems announced today that funding was raised by issuance of equity to several new shareholders. The funds will be used primarly to continue and expand the quick growth of the company.With this new funding, Amaryllo will be able to place new and innovative products on the European markets. The funds will be used to finance the required expansion of the organisation, operations and logistics, as well as to increase the research and development work done in Amaryllo.

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