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BURNABY, British Columbia, May 1, 2001 - (PRNEWSWIRE) - MERLIN Software Technologies International, Inc. (MLSW), a leading provider of Linux
based software applications and utilities, today announced that it has received $1 million
in funding from several institutional investors.
The $1.0 million in proceeds is the second tranche of a $2.1 million private placement
which closed on August 24, 2000.
"This funding allows us to continue to move forward with the full commercialization of
our software products and finish development of our network appliances," said Robert Heller,
CEO and President of MERLIN.
About MERLIN Software Technologies International, Inc.
MERLIN is known for award winning software, such as PerfectBackUP+7.0, a fast, easy and
powerful system backup application and CommunicadoFAX 4.0, a cross platform fax utility for
Linux, UNIX, Microsoft Windows and Apple Mac users. MERLIN's applications operate on all major
Linux distributions including those from Caldera, RedHat, S.u.S.E., Debian, Mandrake, Corel
and Turbolinux.
For more information, contact:
Terry Jeffery
MERLIN Software Technologies International, Inc.
Suite 200 & 201 - 4199 Lougheed Hwy.
Burnaby, B.C. V5C 3Y6.
Toll Free: (877) 988-7227
Web site: www.merlinsoftech.com
Statements in this news release which are not purely historical are forward-looking statements,
including any statements regarding belief, plans, expectations or intentions regarding the future. Unforeseen
factors could cause results to differ materially from expectations, and include risks that marketing efforts may not
result in sales, among other potential risks.
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