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For Immediate Release   

 

Philosopher's Stone Ventures Partners with OKI® Data

November 28, 2001, Redondo Beach, CA - Philosopher's Stone Ventures recently entered into a partnership with Oki Data, a subsidiary of Oki Electric Industry Co., Ltd.

According the Oki Data, the company "is the world leader print manufacturer in North America. With sales of more than $12 million printers, we guarantee to deliver to our customers." Oki is recognized as a leader among PC peripheral companies in the U.S., Canada and Latin America.

"Partnering with Oki will really add to what we - as an incubator - have to offer our portfolio companies," noted Jenny M. Sakhrani, CFO of Philosopher's Stone Ventures. "We can get our portfolio companies equipped with all the necessary resources for their businesses."

The benefits of the program include access to Oki's full line of printers, faxes and multifunction products.

Philosopher's Stone Ventures, a technology incubator based in Southern California is proud to be affiliated with Oki Data. The company specializes in vertical markets and software development and is parent company to RippleImpact, the software development division, and Razorwire Security, the Internet Network security division.

 

For additional information, contact:
Brenda Harris
Philosopher's Stone Ventures
Telephone: (310) 316-3100
Fax: (310) 316-9500
media@philstone.com
http://www.philstone.com

The Philosopher's Stone is a mythical substance that can transform lead into gold, and produce the Elixir of Life that makes the drinker immortal. Philosopher's Stone Ventures, as a technology incubator, has similar transformative powers: turning the innovative ideas of our entrepreneurs into successful, groundbreaking, money-making businesses.


Philosopher's Stone Ventures is a member of the Philosopher's Stone Group of Companies
Copyright © 2003 Philosopher's Stone, LLC. All rights reserved.