Conexxus Wins High-Tech Loan Award
January 31, 2008
Conexxus, LLC was recently honored as a recipient of
up to $238,000 in funding from the High-Tech
Investment Pool administered by the Cabinet for
Economic Development of Kentucky (the Cabinet). Under
the agreement Conexxus agreed to create 14 high-tech
and technical support jobs for Kentucky residents by
December 31, 2010.
The award was granted along with two other Kentucky based companies. Commenting on the announcement, John Hindman, Cabinet Secretary, said, “The Cabinet is pleased to invest in such innovative and promising Kentucky companies.”
Commenting on the announcement, Jeffrey T. Reibel, Founder and Chief Executive Officer of Conexxus, said, “We are greatly honored to receive funding from the High-Tech Investment Pool. The grant recognizes the strength and viability of Conexxus, while providing funds to continue our expansion. We look forward to creating high-tech jobs for Kentucky residents and to a long, continuing relationship with the Cabinet.”
About The Kentucky Cabinet for Economic Development
The Kentucky Cabinet for Economic Development is the primary state agency in Kentucky responsible for creating new jobs and new investment in the state. New business investment in Kentucky in 2007 totaled nearly $2 billion with the creation of over 13,400 new jobs. Information on available development sites, workforce training, incentive programs, community profiles, small business development and other resources is available at www.ThinkKentucky.com.
About Conexxus
Conexxus is a provider of software solutions in the Compliance Content Management market. The Company provides customers simple, cost effective compliance solutions through a wide range of integrated product offerings across the electronic document retention, workflow, and compliance markets. Customers gain significant productivity savings while gaining real-time visibility to compliance related issues. For more information about Conexxus, visit its Web site at www.conexxus.com.
The award was granted along with two other Kentucky based companies. Commenting on the announcement, John Hindman, Cabinet Secretary, said, “The Cabinet is pleased to invest in such innovative and promising Kentucky companies.”
Commenting on the announcement, Jeffrey T. Reibel, Founder and Chief Executive Officer of Conexxus, said, “We are greatly honored to receive funding from the High-Tech Investment Pool. The grant recognizes the strength and viability of Conexxus, while providing funds to continue our expansion. We look forward to creating high-tech jobs for Kentucky residents and to a long, continuing relationship with the Cabinet.”
About The Kentucky Cabinet for Economic Development
The Kentucky Cabinet for Economic Development is the primary state agency in Kentucky responsible for creating new jobs and new investment in the state. New business investment in Kentucky in 2007 totaled nearly $2 billion with the creation of over 13,400 new jobs. Information on available development sites, workforce training, incentive programs, community profiles, small business development and other resources is available at www.ThinkKentucky.com.
About Conexxus
Conexxus is a provider of software solutions in the Compliance Content Management market. The Company provides customers simple, cost effective compliance solutions through a wide range of integrated product offerings across the electronic document retention, workflow, and compliance markets. Customers gain significant productivity savings while gaining real-time visibility to compliance related issues. For more information about Conexxus, visit its Web site at www.conexxus.com.