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InfoBasis to open US office
Skills management systems provider InfoBasis is expanding into the US by opening an office in Redmond, Washington State.
John Cooke, who co-founded the company four years ago, will become vice-president sales, North America.
Infobasis says the new office will service InfoBasis' existing US-based clients as well as developing new business. The company says is already involved in tenders at the request of several US organisations.
"Having doubled revenue two years running, we need to take advantage of our strong position now to exploit the huge potential of US market," said Ashley Wheaton, CEO of InfoBasis. "Expected growth in this area is one reason why we're forecasting another 100% increase in revenue in 2006."
Eva Philpot, executive director of US skills body NWCET said, "There is a strong demand for tools such as InfoBasis ESI for implementing national skills standards, and we look forward to working closely with InfoBasis in the near future."
Infobasis says a large part of the expansion will be funded by a second round of investment from Oxford Capital Partners.
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