Breathe Easy completed its funding round and is now in Phase I trials of its Citramel therapeutic treatement for cystic fibrosis sufferers.

Geozone was in the news recently with its safety videos for drivers now being screened on Air New Zealand flights. Meanwhile use of its enabling Campermate app continues to grow significantly and launching in Australia is imminent.

Kitset Assembly Services is also on track to expand into the Auckland market. Some key distribution agreements have been reached and franchising operations are likely to begin next year.

Wearit is currently in the process of getting indications of commitments from investors. Their due diligence summary is available from liam@wearitherway.com.

Menumate has a new CTO and VP Sales on board. Software license sales are up 9.9% from the previous quarter. Negotiations nearing completion for a new franchise in Hong Kong ahead of the timing in the strategic plan. $650,000 new capital raised to date, including $350,000 from Christchurch investors. Subscriptions still available, contact julian.carver@nzcapstrat.com for the IM.

DebtorDaddy is one of the companies in the current Christchurch Lightning Lab programme.

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