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Published on 9/26/2005 in the Prospect News PIPE Daily.

Affinity Express raises additional $250,000 to lift private placement to $1.95 million

By Sheri Kasprzak

New York, Sept. 26 - Affinity Express Inc. said it has received another $250,000 from a private placement, bringing to $1.95 million the total proceeds raised in the deal.

Hercules Technology Growth Capital, Inc. was the investor in the offering, the details of which could not be determined Monday.

The proceeds will be used for working capital.

Based in Palo Alto, Calif., Affinity provides digital graphics files for retail, commercial printers, apparel companies and other clients.


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