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Vincent Belanger, VP Finance and CFO, said, "The recent financing of US $35 million allows the Company to gear towards industrial production. Our entry into the world of Formula One, through our strategic partnership with British American Racing, will shift us into high gear towards achieving that objective both in business and retail markets," said Charles Sirois, Chairman and Chief Executive Officer of Teleglobe. Marketing efforts will continue to gear towards new niches and expanding product lines. |
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