Southeastern Technology Fund

Southeastern Technology Fund Opens Atlanta Office

ATLANTA, GA, July 1, 2000 - The Southeastern Technology Fund, a venture fund focused on early stage technology investments in the Southeastern United States announced that it had opened up an office in Atlanta today. The office will be managed by Mark Dunkel, a managing partner at the Fund. The office will enable Southeastern to better serve the Atlanta market and surrounding areas. The office will be located in the Buckhead area at 1230 Peachtree Street, N.E. Promenade II, Suite 2545.

About Southeastern
The Southeastern Technology Fund is a venture capital fund located in Huntsville, Alabama and Atlanta, Georgia which focuses on early stage technology investing in the Southeast and secondarily in other areas of the country. With over $120 million under management in two venture funds, the Fund is one of the largest Southeastern venture funds focused exclusively on information technology investing. The Fund focuses on early stage companies with seasoned management teams in the information technology, internet, and communications markets. The Fund's differentiator in the venture capital market is its value-added base of investors which is comprised of CEOs, founders, and executives of information technology, Internet, and communications CEOs and executives in addition to leading financial institutions. These investors serve as additional resources who bring operational expertise, strategic relationships, customers and network contacts to the Fund's portfolio companies.

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