Extensis Announces Investment in Equilibrium

Apr 08, 2008

Extensis, a brand of Celartem, Inc. and a software developer that allows creative workgroups and professionals to streamline their workflow and securely manage their digital assets and fonts, announced an equity investment in, and technology partnership with, Equilibrium, a provider of automation software for rich media distribution. Equilibrium MediaRich automates image, sound and video productions and enables the multi-channel delivery of any media assets. The capital investment by Extensis results in a minority ownership of Equilibrium and one seat on the Equilibrium board of directors. The agreement was finalized this week following approval by the board of directors of Extensis parent company, Celartem Technology, Inc.