LAS VEGAS Smart Systems International (SSI) completed an $11 million equity financing with two institutional investors, OCM/GFI Power Opportunities Fund LP and Bluestem Capital Partners II Limited Partnership. Smart Systems provides an in-room energy management system that continuously ensures customer comfort while eliminating energy waste in hotels, schools, homes and other spaces. In conjunction with the closing of the financing, Ronald Davies joined SSI as president/COO. Davies has 30 years of management experience primarily in entrepreneurial, high technology companies in Silicon Valley. (11/30/00)
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