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AS "Baltic Telekom" (AS "Baltic Technology Ventures") secures funding from Swiss based family office

As of 1 May 2020, a Geneva based family office and investment advisor Maximus Capital SA has entered into a strategic partnership with AS "Baltic Telekom" (is in the process of changing the name to AS "Baltic Technology Ventures") to provide funding for potential investment into Baltic based technology startups and / or companies active in fields of media, technology, digital security and others. Maximus Capital SA will provide an initial credit facility of up to EUR 500,000 to AS "Baltic Telekom" which will in turn aim to acquire minority stakes in such companies. All investments are subject to successful due diligence and decision of the investment committee. Member of the Management Board Contacts: Address: 1-5 Rupniecibas Street, Riga, LV-1010 Phone: +371 67783611 Contact Person: Gene Zolotarev Member of the Management Board Phone: +371 67783601 e-mail: gene@baltictelekom.lv Certified Consultant: Svetlana Hramčenko "Law Office Spridzans" Ltd. Phone: +371 26712718 e-mail: svetlana.hramcenko@spridzans.lv



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