TouchStar Announces the Implementation of Private Equity Funding

TouchStar has announced the implementation of private equity funding to further increase their presence in the global communications market.

By implementing the funding, TouchStar will be able to pursue an aggressive growth strategy in a market that is rapidly changing due to digital communications technology advances.

By meeting business goals sooner with funding rather than solely through organic growth, TouchStar believes that it is promoting its agenda of becoming the leading global provider in call center software and unified communications technology.

Steve Bederman, CEO of TouchStar, commented:  “By accepting this funding from our private equity partner, we are able to accelerate our growth plans with less risk.  We put the funding in place to acquire all significant competitors in our market.”

TouchStar is currently in negotiations with companies located in multiple countries that have a history of success and significance with clients in the call center industry.  TouchStar will also continue organic growth through additional market development and product offerings.  A significant new product announcement will occur in the third quarter of 2007.

TouchStar’s next financial objective is to reach $100 million dollars in revenue.