NEWS

 

Xalles Expands Its Financial Operations by

Partnering with BlackStrap Capital

TORONTO and DUBLIN, 6 January, 2003 - Xalles Limited, The Business Navigation Specialists™, today announced a strategic alliance relationship with BlackStrap Capital Inc., an investment research and consulting firm based in Canada.

BlackStrap Capital’s experience in financial services complements Xalles’ strong focus on providing business design services to its clients. Using proprietary applications, BlackStrap provides financial due diligence that is critical in the business design and investment processes.

The partnership extends Xalles’ financial analysis depth and creates a new channel for exploring long term funding options for its business design customers. The relationship will provide customers with expanded due diligence services in the North American marketplace that is critical prior to launching new business lines.

“We are very pleased to join forces with Xalles Limited. Together, we can offer in-depth business analysis by providing clients with advisory and consulting services for project situations that require complex due diligence or advanced pricing models,” says Steve Thode, CEO and President of BlackStrap Capital Inc.

According to Thomas Nash, Chairman and CEO of Xalles Limited, “BlackStrap’s due diligence services complement our business design services very well. The joint commitment to provide our clients with creative and value-added services is important to assessing new markets for emerging ventures. We also look forward to expanding awareness of Xalles services in the Canadian and U.S. financial communities.”

  

About Xalles Limited

As an innovative, international management consulting firm, Xalles Limited helps organizations successfully navigate through the business lifecycle by providing distinctive services and solutions. Xalles' successful methodologies include processes and powerful tools that help organizations navigate through business challenges.

For more information about Xalles Limited, visit the Company's website at www.xalles.com .

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CONTACT:

Darlene Alvar
Manager, Marketing and Communications

Xalles Limited
Tel: + 353 1601 0561
Email: dbalvar@xalles.com