The company sold 22.65 million in shares of its common stock, which includes the exercise by the underwriters of their over-allotment option, for gross proceeds to the company of approximately $132.5 million.

Chris Myers, president and CEO, said: "In these difficult times, we are pleased to be able to complete this transaction and strengthen our capital position. Our company is now better positioned to take advantage of growth opportunities."

A service of YellowBrix, Inc.