Ambos Lawyers Advocaten has assisted Citymesh NV in the preparation, negotiation and closing of its third capital round. Michel Akkermans and Jurgen Ingels, the entrepreneurs who founded the Mechelen, Belgium based company Clear2Pay NV, are providing further growth capital to Citymesh NV.

Citymesh NV is a company specialized in the provision of large scale wireless networks. This promising company got national and international media coverage because of its assistance in fighting the environmental disaster in the Gulf of Mexico. Its highly advanced technology allows the oil company BP to track the images of its submarine robots on a global basis.

For more information about Citymesh NV and the capital increase, please www.citymesh.be.

Any information included in this news flash is communicated with the consent and approval of all parties involved.

For more information about this transaction, please contact David Dessers.