A-Life Medical, headquartered in San Diego, CA, provides software solutions that use natural language processing to convert electronic patient records into billing codes for reimbursement.

Alogent, headquartered in Atlanta, GA, provides software solutions that enable banks, billers and outsourced processors to reduce costs, accelerate timelines and improve quality in check and item processing. (acquired by GSFI - NASDAQ: GFSI)

Best Doctors, located in Boston, MA, provides consumers and insurance carriers with a solution that lowers the costs and improves the outcomes of catastrophic care management by linking patients and their doctors with leading medical experts (exited via sale to large private equity firm).  

ComFrame, headquartered in Birmingham, AL, provides custom software solutions, with a focus on application development, enterprise integration and business intelligence services.

CyberSource, based in Mountain View, CA, provides electronic payment and risk management solutions. (CyberSource purchased PaylinX NASDAQ-CYBS)

Emageon, located in Birmingham, AL, provides products and services that allow physicians and healthcare professionals to manage, access and visualize multi-specialty medical images across the enterprise. (IPO NASDAQ-EMAG)

Fitability Systems, located in Atlanta, GA, provides online interviewing and assessment services. Southeastern has exited its position in the company.

FrogJazz Inc, located in Huntsville, Alabama, provides software solutions that enable enterprises to publish their IVR phone menus to the Web. Southeastern has exited its position in the company.

Hunter Systems, located in Birmingham, AL, develops and sells administrative software and services to the private school network (acquired by Software Technology, Inc.).

Indigo Networks, located in Nashville, TN, provides an electronic commerce platform which supports the procurement process for goods purchased over the internet. (Purchased by Wave Systems NASDAQ-WAVX)

Investment Scorecard, located in Nashville, TN, provides subscription-based investment performance tools for brokerage firms and trust departments (acquired by Informa Investment Solutions).

MedMined, located in Birmingham, AL, combines technology, clinical expertise, quality improvement training and outcomes management into a subscription-based service that reduces the incidence of hospital-acquired infections.  (Purchased by Cardinal Health NYSE-CAH)

Mobular Technologies, located in Huntsville, AL, provides enabling technologies to the financial services and e-commerce industries for electronic content distribution.

Nationtax, located in Birmingham, AL, provides an internet-based solution for filing sales and other business taxes over the Internet. Southeastern has exited its position in the company.

Novient, located in Atlanta, GA, provides Service Process Optimization software solutions for the service economy. Novient's products enable real-time, worldwide collaboration of people, projects, knowledge and process throughout an organization's virtual service community. (Purchased by Solution 6  ASX- SOH)

Trivergent Communications, headquartered in St. Louis, MO, is a competitive local exchange carrier focusing on high speed data connections for small businesses. Southeastern has exited its position in the company.

Orillion, based in Houston, TX, provides operational support systems that help telecom carriers around the world improve the reliability and lower the costs of advanced networks. Southeastern has exited its position in the company. 

Partner Communications, located in St. Louis, MO, provides voice and data networks in apartment buildings. Southeastern has exited its position in the company.

RTO Software, Inc., based in Atlanta, is an established provider of application-focused performance monitoring and management tools. As an innovative leader in this rapidly frowing area, RTO provides software solutions to enterprises and software firms that want to improve the performance and capacity of applications operating in a Windows environment (acquired by VMware, Inc. - NYSE: VMW).

Seventh Wave Technology, located in Atlanta, GA, provides Enterprise Application Management software and services that optimize the performance and uptime of SAP systems.  Southeastern has exited its postion in the company. 

S.P.I. Dynamics, located in Atlanta, GA, provides software and services that protect enterprises from the loss of confidential data through the web application layer.  (acquired by Hewlett Packard - NYSE: HP)

USinternetworking, based in Annapolis, MD, is an Application Service Provider (ASP) that delivers packaged applications over the Internet for a flat monthly fee. (IPO NASDAQ: USIX)

Varsity Group Inc., located in Washington, DC, provides online bookstore solutions for educational institutions. (IPO NASDAQ: VSTY).

Virtual Learning, located in Birmingham, AL, provides on-line testing and assessment technology for the K-12 markets. (Purchased by Houghton Mifflin - NYSE: HTN).