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STERLING, Virginia. - August 12, 2002 (infinipass.com)-- The company announced today that it has segregated operational funding for its daily operations. Company spokespersons stressed that this step was taken to highlight the company's commitment to providing highly reliable services both today and into the future. One executive said, "We've already addressed availability on a technical basis, now the business side has been addressed as well."
STERLING, Virginia. - April 18, 2002 (infinipass.com)-- The company confirmed today the release by its Toronto development facility of a new code library used in conjunction with their licensing server services for the Windows NT, Windows 2000, Windows XP, and Windows .NET family of operating system products.
STERLING, Virginia. - February 12, 2002 (infinipass.com)-- Company spokespersons confirmed that the previously anticipated production funding has been deposited with trustees. These funds will be used to put in place capital assets on a production basis and fund their operation. No amounts or terms were disclosed.
STERLING, Virginia. - November 10, 2001 (infinipass.com)-- The company announced today that first round development financing has been acquired from private investors. The funding will be used to complete development of their software licensing server system which had previously been funded by the founders. It is anticpated that production funding will be put in place shortly.