(COMTEX) B: $48 Billion Venture Capital Industry Gets Its Own Publication; Leading
Online Information Source for the Private Equity Community Launches Its
Venturelist Publication
SAN BRUNO, Calif., Nov 2, 2000 (BUSINESS WIRE) -- Venturelist Inc., an M&A West
Inc. company (OTCBB: MAWI), announced today that it is launching a new
publication focusing exclusively on private equity markets.
Venturelist, through its online service at www.venturelist.com, is the leading
online information source for the private equity venture capital community. Last
year, venture capital investments reached an all-time high of $48.3 billion. In
the first quarter of 2000, VCs invested more than $22.7 billion in over 1,500
companies (source: VentureOne).
Venturelist's online service puts those that need capital in contact with those
who are looking to make investments in private ventures. The concept behind
Venturelist is to provide entrepreneurs and start-up companies (looking for seed
level investments from approximately $100,000-$5,000,000) a forum to post the
executive summary of their business plan to accredited investors and
institutions. Venturelist started its operations in early 2000 and has already
secured almost 1,000 registered users.
"Our quarterly publication will be another powerful way to add value to both
entrepreneurs and venture capitalists," says Scott Kelly, president and CEO of
M&A West Inc. "The publication is designed to keep readers informed on the
recent developments in private equity markets, a sector that has historically
been severely under-served. Even though the IPO market has significantly slowed
down, private equity markets are still going strong. In the second quarter,
VC-backed companies raised over $17 billion in over 1,000 rounds of financing."
M&A West will distribute shares to shareholders of record on November 15, 2000,
on a one-for-five basis, meaning for every five M&A West, Inc. shares owned,
each M&A West shareholder will receive one share of Venturelist.
About Venturelist
Venturelist Inc. is an online information source with a quarterly print
publication for the private equity venture capital community. The site puts
those that need capital in contact with those who are looking to make
investments in private ventures. The concept behind Venturelist is to provide
entrepreneurs and start-up companies looking for seed level investments from
approximately $100,000-$5,000,000 a forum to post the executive summary of their
business plan to accredited investors and institutions. Venturelist is not a
venture capital firm or a broker-dealer and it does not accept commissions on a
successful funding.
Venturelist's service for entrepreneurs include business plan evaluation and
writing and business consulting. For investors, Venturelist adds value by
increasing and streamlining their deal flow. Investors can also reduce their
risk by letting Venturelist's seasoned professionals evaluate and review more
deals more efficiently.
About M&A West
M&A West Inc. has several business objectives. The company is a technology
merchant bank that acquires, invests in and develops technology companies into
cohesive units that can be either taken public or sold off within 6-18 months.
M&A West also provides various mergers and acquisitions-related consulting
services and helps smaller publicly traded Nasdaq and Over-the-Counter companies
to raise capital they need. Through a network of related companies, M&A West can
also offer both its portfolio companies and other developing companies a full
line of business services to increase the awareness of their business.
M&A West competes in the B2B space along with Ariba Inc. (Nasdaq: ARBA),
PurchasePro.com Inc. (Nasdaq: PPRO) and Commerce One Inc. (Nasdaq: CMRC)
M&A West will continue to develop its e-security company, InvincibleNet, which
currently has agreements in place with Identix (AMEX: IDX) and Verisign among
others, into a separate operating unit, with hopes of filing a similar
registration statement in the current fiscal year.
Recent news releases and additional information about M&A West Inc. may be found
on the company's home page at www.mawest.com.
Statements regarding financial matters made by M & A West Inc. (MAWI) in this
press release other than historical facts are "forward-looking statements"
within the meaning of Section 27A of the Securities Act of 1933, Section 21E of
the Securities Exchange Act of 1934 and as that term is defined in the Private
Securities Litigation Reform Act of 1995. The company intends that such
statements about the company's future expectations, including future revenues
and earnings and all other forward-looking statements be subject to the safe
harbors created thereby. Since these statements (future operational results and
sales) involve risks and uncertainties and are subject to change at any time,
the company's actual results may differ materially from expected results. This
information is not a recommendation to buy or sell securities in MAWI.
CONTACT: M&A West
Rick West, Public Relations, 650/827-7308
Rick@mawest.com
Jerry Frear, Investor relations, 570/322-8061
Jerry@mawest.com
Additional Contact Info and Disclaimer for InvestorServicesOnline
For more information on M&A West, Inc., you can contact InvestorServicesOnline (Internet Investor Relations) at E-mail: investorservicesonline@yahoo.com or Company Representative, Rick West, TEL: 650/827-7308 (Public Relations) E-mail: Rick@mawest.com
Rick West is not associated with InvestorServicesOnline.
Disclaimer Information for InvestorServicesOnline:
Investor Services Online (ISO) is a compensated agent of M&A West Inc. and has been hired to perform certain investor relations services for the Company. Investor Services Online is being paid 1,200 shares of MAWI stock per month for a 12 month period. We are not a registered investment advisor and suggest that you consult with an independent registered advisor as well as do your own research before investing in any stock. The opinions and analysis included herein are based on sources believed to be reliable but no warranty, expressed or implied, is made as to their accuracy, completeness or correctness. Readers are advised that this communication is issued solely for information purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy any securities. All information posted on Internet discussion sites by Investor Relations Online relating to M&A West Inc. is approved by M&A West Inc. The reader should verify all claims and do their own due diligence before investing in any securities
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