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ROACH & STOLZ as technology due diligence advisers in TARGET PARTNERS latest Venture Capital Investment, JOULEX INC.

05-05-2010 11:00 AM CET | IT, New Media & Software

Press release from: Roach & Stolz Software GmbH

Monday, May 3, 2010

Roach & Stolz, the IT and Software Technology Due Diligence specialists in Munich, advises the Munich-based venture capital firm Target Partners in its latest investment. Target Partners has invested with Thomas E. Noonan and TechOperators LLC in JouleX, Inc. (www.joulex.net), an Atlanta-based developer of software for reducing the energy usage of IT networks. JouleX will use the funds to further expand development and sales of its products in the U.S. and EMEA.

About Roach & Stolz:
Roach & Stolz Software GmbH based in Munich, is a provider of IT Due Diligence services to the investor community. These include Venture Capital, Private Equity as well as strategic investors in Europe and the USA.

With well over 20 years of experience in software productization, IT infrastructure and telecommunications, Roach & Stolz has advised on numerous mergers and acquisitions. In doing so, the firm, which is greatly valued by its clients for its focus and professional approach, has developed its own best practice methodologies for conducting the IT Due Diligence process. These days IT Due Diligence services are not only used for transactions involving technology based companies, but also for those involving traditional "bricks-and-mortar" industries which have become increasingly dependent on IT to conduct their business.

For references, brochures and company presentations please go to: http://www.roach-stolz.com or contact info@roach-stolz.com

About Target Partners:
With €225 million under management, Target Partners is one of the leading early-stage venture capital funds in Germany. The firm invests in startup and early stage companies and supports them during their build-out and expansion phases. With many years of experience as managers, entrepreneurs and venture capitalists, the team at Target Partners supports entrepreneurs in developing and marketing products and services, building organizations, raising money and taking companies public in Europe and the United States.
For more details please see: www.targetpartners.de

About JouleX, Inc.:
JouleX is leading the way in sustainable energy management systems for the enterprise. Its solutions deliver significant cost savings in the form of energy usage reductions across all network connected devices and systems, while also providing robust reporting that enables companies to comply with emerging carbon accounting requirements. JouleX is privately funded with capital investments from Target Partners and TechOperators. JouleX is headquartered in Atlanta, Georgia, with European offices located in Munich and Kassel, Germany.
More under: www.joulex.net

Roach & Stolz Software GmbH,
Obermaierstrasse 2, Altstadt-Lehel,
80538 Munich
Germany

Tel: +49.89.2020.888.0
Fax: +49.89.6600.291.7
Email: info@roach-stolz.com

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