MMV Financial Provides (US) $1.3MM for Fleet Management Software Provider

Quebec City, Quebec – June 21, 2006 – MMV Financial, a specialty finance company serving the technology and life sciences industries, announced today that it has provided a US$1.3 million venture loan to GEOCOMtms to support the Company’s continued growth.  GEOCOMtms is a global provider of Fleet Management solutions for local and delivery companies.

“We’ve been working with MMV for a number of years because we need a finance company that understands the technology industry and is a good partner,” said Michael Nark, president and chief executive officer of GEOCOMtms. “MMV worked with us to develop a financing strategy that was appropriate for a company like ours. We are pleased that they recognized our leadership position and appreciate their commitment to helping us succeed in the marketplace.”

MMV Financial invests directly in early to mid-stage technology and life sciences companies. With offices in Toronto and Montreal, the company primarily focuses on the Canadian market, but pursues investment opportunities throughout North America. MMV Financial's current capitalization drives a $300+ million investment program targeting over $60 million of new investments each year. Blue chip financial sponsors include: Caisse de dépôt et placement du Québec, CCP Equity Partners, Wells Fargo & Company, NewStar Financial Inc., and a premier financial institution.

"GEOCOMtms has made significant advancements in the last twelve months, both in terms of market share and in their ability to execute their strategy,” said Jacques Perreault, SVP, MMV Financial Inc. “We at MMV were impressed by the quality of the technology, the management team and by the traction the company is having in the market."

About GEOCOMtms

GEOCOMtms provides integrated fleet management software for local and short-haul pickup and delivery operations. A.MAZE Fleet Management™ includes tools for managing territory design, route planning, trucking dispatch, GPS fleet tracking, mobile field service, and fleet maintenance. Everyday, leading organizations choose the A.MAZE suite to direct thousands of vehicles from hundreds of depots and distribution centers. Busy logistics executives depend on A.MAZE because it delivers enterprise visibility and complete control over fleet operations. By partnering with GEOCOMtms, customers like FreshPoint, The McPherson Companies, and Velocity Express, have reduced operating costs while raising the level of customer service they provide. Additional information is available at http://www.geocomtms.com/.

About MMV Financial:

MMV Financial is a Toronto-based specialty finance company providing creative debt solutions directly to technology and life sciences companies across North America.  MMV is backed by top U.S. and Canadian private equity firms and financial institutions including CCP Equity Partners, Caisse de dépôt et placement du Québec, NewStar Financial, Inc., and Wells Fargo Company. For more information visit www.mmvf.com.

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