BOSTON, April 24, 2006 — New York Angels Inc., the New York metropolitan area's leading early stage angel investment group, today announced that it has led a Series A investment in Email Data Source Inc., a first-to-market provider of competitive intelligence for e-mail marketers. With Email Analyst™, EDS's flagship product, direct marketers can, for the first time, research third-party affiliates and identify those that are effective. Financial terms of the investment were not disclosed.
Lori Smith, partner at Goodwin Procter, represented the investors in this transaction.