Portfolio company-related news

Portfolio company Sightline awarded a significant agreement for
Software and Maintenance Services by US Government Client


Oak Capital hereby announces that investment portfolio company, Sightline Holdings Corporation (Sightline) recently closed through Unisys Corporation a significant agreement with a US Government client valued at over 5.2 million USD (approx. 470 million yen) for the provision of software and maintenance services utilizing the Sightline Performance and Capacity Management software.

(Press Release: http://www.sightlinesystems.com/index.php?option=com_content&task=view&id=31&Itemid=69)

For the current fiscal year, Sightline's business has build on solid growth thanks to its far-reaching customer base which includes major airlines and financial institutions concentrated in the US and Europe as well as several US government agencies.

Earlier this year, Sightline launched a full-scale sales operation within the Asian region including Japan raising hopes for continued business expansion.

On October 5, 2009, Oak Capital acquired its current 30% stake in the Sightline Group.

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