Surety, Inc. Closes $7.1 Million Round of Equity Financing

Surety, Inc, a leading provider of secure messaging and data integrity services, announced today it has closed a $7.1 million round of equity financing. The round was funded in its entirety by Surety's current investors who include Addison Fischer, Richard Sackler and Jon Sackler.

"We are obviously thrilled with this vote of confidence," said Jay Wettlaufer, Surety's CEO. "In a business climate where investors of all types are backing away from funding activities, it's encouraging to witness a commitment of this magnitude."

The funds will be used to expand the company's sales and marketing efforts and to continue development of Surety\s latest offering, the ESP Secure Messaging System™.

Posted: Wednesday, June 19, 2002