B-Scada Enters Into Stock Purchase Agreement with Yorkmont Capital Partners, L.P.
CRYSTAL RIVER, FL, August 6, 2014 (Newswire.com) - B-Scada, Inc. announces it has entered into a Stock Purchase Agreement to sell 2,424,242 common shares at a price of $0.33 per share to Yorkmont Capital Partners, LP.
B-Scada has been growing and expanding their customer base. This agreement is expected to help them continue to provide the quality products and service their customers have come to expect, and the financial success that their investors deserve. With this year's release of Status Enterprise HMI/SCADA software, B-Scada is changing the data visualization marketplace, and is poised to claim a larger international share.
About B-Scada
B-Scada specializes in the compelling visualization of real-time data. Its visualization technology and SCADA products are deployed in manufacturing, power & utilities, transportation, petrochemical, building automation, and other fields of business where visualization of real time data is critical. B-Scada’s in-house expertise and experience has provided them the opportunity to partner with companies from various vertical markets, and assist them to develop custom solutions that meet their specific needs. B-Scada’s goal is to help clients transfer real-time production and operational data into actionable information through graphically-compelling, functional, and intuitive user interfaces. B-Scada solutions can be found all over the world, and its technology is at the cutting edge of the HMI/SCADA industry. Learn more at http://www.scada.com.
About Yorkmont Capital Partners, LP
Yorkmont Capital Partners, LP is a private, Texas-based, limited partnership with Yorkmont Capital Management LLC serving as its sole general partner and investment manager.
Contact
Debra Gardner
General Manager
B-Scada, Inc.
dgardner@b-scada.com
Yann Vessely
CFO
Yorkmont Capital Management, LLC
yvessely@yorkmontcapital.com