Cambridge Consultants and Esprit Capital Partners announce creation of joint venture fund; The first new venture is expected in 2007; Previous investments yield IRR in excess of 50%.

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M2 PRESSWIRE-1 November 2006-CAMBRIDGE CONSULTANTS: Cambridge Consultants and Esprit Capital Partners announce creation of joint venture fund; The first new venture is expected in 2007; Previous investments yield IRR in excess of 50(C)1994-2006 M2 COMMUNICATIONS LTD RDATE:01112006 Cambridge, UK: Cambridge Consultants, a leading technology-based design and development company, announces that it has created a new venture fund of up to GBP10 million jointly with Esprit Capital Partners.

The creation of the fund supports Cambridge Consultants' move to restart its spin-out activities after a four year gap and will be used to invest exclusively in its own technology ventures. Cambridge Consultants has a track-record of creating and developing successful start-up...