York Angels Increases Membership by 100 per cent

TORONTO, ON, July 02, 2011 (Press-News.org) York Angel Investors today announced the results of their 2011 Angel Membership with a reported increase of a 100 per cent membership increase over the past 12 months. York Angels, a group of accredited investors with a broad range of professional experience, was formed in 2008. Their mission is to contribute value to early stage companies with financing and experience.

"Our membership has grown in numbers, however importantly the quality of our individual members remains high," said Scott MacCannell, President, York Angel Investors. "We are committed York Angels being the place where Experience and Entrepreneurs meet."

Recent additions to the member roster at York Angels include:
• Tim Lett,
• TJ Machado, and
• Adrian London.

About York Angel Investors

The Angels are a group of accredited investors with a broad range of professional experience. Their individual and group focus is to create a return on investment for themselves and the businesses they work with. Their involvement provides entrepreneurs with funding, and importantly advisors who counsel portfolio companies, based on their own success, on how to expedite and manage growth.

YAI's portfolio companies benefit from our member expertise in information technology, telecommunications, internet, online applications, enterprise and SaaS software, retail and pharmaceutical. The collaborative mentorship approach and strategic financing support entrepreneurs through various stages of early growth. Investments often represent the bridge between the self-financed or seed stage and the venture capital and/or private equity level of funding.

For more information please contact:
Marilyn Schaffer
416-400-5629
mschaffer@xtminc.com