Delphax Technologies Inc. required capital to ramp up production and marketing efforts for its newest printer, elan^TM. Delphax choose Aethlon because of our strong market knowledge and our ability to communicate the company’s unique story to potential investors. Acting as our client’s exclusive advisor, we identified numerous prospective strategic and financial investors across the country, including Fortune 500 companies and private equity firms with current or past investments in the printing industry. After detailed discussions with several interested parties, we negotiated a sub-debt note and preferred stock sale to Air T, Inc., of North Carolina.