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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Pronichev who wrote (6590)	1/2/1999 12:17:00 PM
From: FMK	Read Replies (1) of 27311

Castle Creek description- "Castle Creek Capital LLC, is the general partner of Castle Creek Capital Partners Fund I, LP. Since its formation in 1995, Castle Creek has developed into a highly successful private equity investment firm. Having successfully initiated the investment in nine financial service companies, Castle Creek was described in a recent publication as "the action" in California bank acquisitions. Castle Creek also has the distinction of being registered as a bank holding company with the Board of Governors of the Federal Reserve System. This provides Castle Creek with the flexibility to work actively with Portfolio Companies on the realization of their strategic objectives while simultaneously providing third party oversight of Castle Creek's business practices."

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