From the Wires
Mycell Technologies LLC Announces $3 Million Strategic Financing
By: PR Newswire
Jan. 15, 2013 10:24 AM
PARAMUS, N.J., Jan. 15, 2013 /PRNewswire/ -- Mycell Technologies LLC, a leading intellectual property and investment holding company, along with its wholly-owned subsidiary, Oceans Omega LLC, which specializes in the development of proprietary liquid formulations of stable, concentrated omega‐3s for use in food, beverage, pet, medical and nutritional products, announced the closing of a strategic minority investment providing Mycell Technologies with an additional $3 million in capital. Terms of the transaction and investor name were not disclosed.
"2013 is an important year for the growth of Mycell Technologies and our growth will be supported by strategic partners. Having the additional funding combined with the character, integrity and strategic vision of this investor provides the company with additional momentum," said Benjamin D. Mamola, Chairman and Chief Executive Officer. "We are very selective with our investment partners and are thankful to be able to work with such an extraordinary individual."
About Mycell Technologies LLC (www.mycelltechnologies.com)
About Oceans Omega LLC (www.oceansomega.com)
SOURCE Mycell Technologies LLC
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