Southeastern Technology Fund

FOR IMMEDIATE RELEASE:

HUNTSVILLE, Ala., September 26, 2000 -- -Southeastern Technology Fund, a venture fund focused on early stage technology investments in the Southeastern United States held its CEO Roundtable Conference at the Hilton in Huntsville, AL today followed by an excursion and reception at The Ledges Country Club. This annual meeting allows the CEO's of the current portfolio companies in the (Fund) as well as CEO's that are investors to casually brainstorm ideas together, express lessons learned, and gain better insight on the direction these portfolio company CEO's may need to take. Enabling a unique close networking opportunity to be engaged amongst these CEO's helps add value to all that participates. CEO attendance list:

Seated @ Roundtable

Portfolio Participants:
Joe Maxwell- Investment Scorecar d
Chuck Jett- Emageon
Tim McCarrell- Castlebridge
Jerry Sellers- Orillion
Jim Brasunas- Partners Communications

Investor and Setfund Partipants:
Gene Sapp- CEO of SCI
Foster McDonald- Former President of ITC^DeltaCom
Tom Patterson- Former CEO of TXEN & SEAKO
M. D. Smith, IV- CEO of Smith Broadcasting
Julian Banton- CEO of SouthTrust Bank
Regi Campbell- CEO of Fitablity
Jason Brady- CEO of Epipeline
Chris Horgen- Sr. Managing Ptr. of Setfund
Mark Dunkel- Managing Ptr. of Setfund
Paul Reaves- Managing Ptr. of Setfund

Observers
Emerson Fann- Principal of Setfund
Rocky Cho- Associate of Setfund
Tina Corley- CEO of Setfund
Marci New- Dean- Exec. Asst. of Setfund
Chris DeRoetth- Account Management Corp.
Louis Breland- Madison Homes, Inc.
Terry Lindsey- Orillion
Al Cleveland- Orillion

Southeastern Background Information
Headquartered in Huntsville, AL, with branch office in Atlanta, GA, The Southeastern Technology Fund ("Fund"), is a venture investment fund focused on early stage equity investments in the Financial IT, Communications, Healthcare IT, E-Learning, and Internet sectors. The Southeastern Technology Fund has over $120 million in capital under management. An important differentiator in the venture capital marketplace for the Fund, is its large base of value-added investors, which is comprised of over 70 founders, CEOs, and executives of IT companies. These individuals have broad skills in advanced technology, operations, and business management that are available to the Fund's portfolio companies. Visit our web site at www.setfund.com for more information.
Mark Dunkel, dunkelm@setfund.com
Emerson S. Fann, fanne@setfund.com
207 East Side Square Huntsville, AL 35801
Phone:(256)883-8711 Fax:(256)883-8558
Web site: www.setfund.com

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