Vencore Capital Opens Its Doors in the Lone Star State

Released on: November 16, 2007, 2:55 pm

Press Release Author: Ki Seh Pond/Vencore Capital

Industry: Financial

Press Release Summary: Vencore Capital Opens Its Doors in the Lone Star State

Press Release Body: LAKE OSWEGO, Ore., Nov. 16, 2007 - Vencore Capital today
announced that it has recently opened a new office in Austin, TX. Vencore is a
leading venture debt firm offering financing solutions to early stage,
emerging-growth companies, throughout the country.

Austin

The Austin office, which serves all of Texas, Arkansas, Louisiana, and Oklahoma, is
led by native Texan, Micah Adams. Micah is a graduate of University of Texas and
received his MBA from University of Oregon. Micah has been with Vencore Capital for
over two years working as a Relationship Manager for National Accounts, and now, as
a Director. Micah's extensive knowledge of this area will help to provide the
support and know-how to the up and coming companies of the future.

"We're so pleased to be expanding our effort in Texas and the surrounding states",
said Len Ludwig, CEO of Vencore Capital. "We've been developing a presence there for
some time and our products have been a good fit with enough companies that we are
happy to make a bigger commitment. On top of that, Micah has strong roots in Texas
and we're very confident his approach will be welcomed in the business community."

About Vencore Capital

Vencore Capital is a leading provider of venture debt financing solutions to
early-stage, emerging-growth companies. Since it's founding in October, 2002, the
company has provided more than $113 million in venture debt capital to more than 260
angel-backed and venture capital-backed companies. Approximately 70% of Vencore\'s
clients are start-up technology firms backed by founders and angel investors, while
the rest are later-stage companies backed by traditional venture capital firms.

Vencore operates nationwide with offices in Boston, Philadelphia, Charlottesville,
Denver, Los Angeles, San Francisco, Silicon Valley, Portland, Seattle, and now,
Austin.

The company is privately held.

For more information, please visit www.vencorecapital.com, or call 503.675.3121.

Media Contact:
Ki Seh Pond
kiseh@vencorecapital.com
503.675.3121


Web Site: http://www.vencorecapital.com

Contact Details: 4500 SW Kruse Way Suite 350
Lake Oswego, OR 97035
503-675-3121
503-675-3136
kiseh@vencorecapital.com

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