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Business/Financial

Monument Capital Group In Distribution, Equity Agreement With Vortex

DDN

Thursday, July 15th, 2010

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Vortex Systems LLC, the principal supplier of unattended ground sensors (UGS) to the U.S. Border Patrol, has signed an international distribution and equity acquisition agreement with Monument Capital Group LLC [MCG], a private investment and advisory firm. MCG will focus on developing channel partner distribution capabilities for Vortex worldwide. The agreement also includes a structure whereby MCG can acquire up to 80 percent of the outstanding equity of Vortex. Vortex has supplied about 97 percent of all UGS systems along…

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