London, 24 October 2001

FirstCapital, the technology corporate finance house has advised on a funding round for Simulacra Media, a leading e-government solutions provider.

Simulacra Media’s eXtended Resource Management (XRM) technology is an application framework tailored to the ‘Public Information’ and knowledge management requirements of e-Government and other learning publishers. The technology extends the model of content management to allow the management of other people’s content, onward distribution for delivery via other channels and seamless integration of these streams for end users.

XRM also supports key e-Government, e-learning and digital content XML and metadata standards ‘out of the box’ and adapts gracefully to changes in these standards as they evolve.

Simulacra Media’s clients include the National Curriculum, Channel 4, the College of Law and the Countryside Agency.

Patrick Towell, CEO of Simulacra Media, says, “The capital will allow us to grow the company, bringing new staff on board and taking on large public and private sector projects in the near future.”

“Only the best technology companies are raising funding in the current economic environment,” said Jason Purcell, CEO of FirstCapital.  “Simulacra have strong proprietary technology and a recession-proof public sector client base. They are leaders in their field, and have a very healthy pipeline of work.”


About FirstCapital

FirstCapital is an investment bank that specialises in fund raising and mergers and acquisitions advice for high growth technology companies. Established in 1999, it has offices in London and Cambridge, UK. Clients include entrepreneurs, technology companies and investors in private companies.

Our team is experienced in a wide variety of deals, from growth companies to multinationals in both UK and international cross border transactions. We provide pro-active, informed, full service deal management, including assistance with strategy and planning, finding and approaching investors or M&A targets, valuations and hands-on transaction execution.

We work in partnership with our clients to achieve their goals, offering impartial advice and support based on our knowledge of the market and of each client's individual requirements, and sharing alongside them in the risks and the rewards of success.

FirstCapital is authorised and regulated by the UK Financial Services Authority.

For more information, contact: Jason Purcell, CEO on +44 (0)20 8563 1563 or This e-mail address is being protected from spambots. You need JavaScript enabled to view it .