Briefs

Boston, MA -- December 6, 2000 -- Quadstone (R), a leading provider of
analytical CRM solutions, has today announced the closing of $30m in
private equity financing. The financing round was led by Amadeus Capital
Partners. The syndicate includes existing investors 3i plc, Scottish
Equity Partners and Standard Life and new investors including Chase
Capital Partners, Artemis and Friends Ivory & Sime.

The new funding will be used to expand Quadstone's recruitment of the
highest quality staff in all its departments.   This recruitment will
lead to further expansion of the Quadstone business operation in the
USA, as well as to take the company's products throughout the European
markets. In the past year, Quadstone has developed its US operations
aggressively. They now contribute substantially to turnover and employ
over 50 people.

Quadstone's state-of-the-art software
solution has been adopted by industry-leaders Barclays Bank, Vodafone,
Telenor, Sainsbury's, Eircom in Europe, and, in the United States,
Fingerhut, M&I Bank, CVS.com, Customerlinx and SmarterKids.com

Source http://www.quadstone.com