Ian Warwick, Aftersoft’s chairman and CEO, said, “We have successfully completed a complex financing agreement in a difficult market environment, which reflects the value, stability and growth potential of Aftersoft’s diverse businesses in the automotive aftermarket. Our management team can now turn its full attention to building those businesses, with the ultimate goal of duplicating in the U.S. and other markets the growth and success we have achieved in the U.K. In addition, we can now accelerate our efforts to complete the spin-off of Aftersoft from Auto Data Network.” (Tire Review/Akron)