ComVest Leads $10 Million Equity Investment in IT&E International
November 11, 2005–(SAN DIEGO, CA)—ComVest Investment Partners II LLC (“ComVest”) announced today the recent completion of leading a $10 million equity financing in IT&E International Group, Inc. (“ITE&E”) to be used to repay existing debt, accelerate the previously announced acquisition strategy and fund continued expansion. Peter Sollene, the Chief Executive Officer of IT&E stated, “This