Intelligent InSites Receives Venture Capital Funding from Arthur Ventures of Fargo, North Dakota. Former Microsoft Senior Executive Backs Real-Time Location Software Company

October 14, 2008

Intelligent InSites, Inc. http://www.intelligentinsites.com/ , announced today that Arthur Ventures http://arthurventures.com/ , a Fargo-based venture capital group, has chosen the company to be the first major investment from its initial $11.3 million dollar growth fund. As part of the investment, former Microsoft Senior Vice President and current Arthur Ventures Chairman Doug Burgum will sit on the Intelligent InSites Board of Directors.

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