400+ Early Stage Investment Groups Join Up Online

Single Global Network Provides Access to Billions in Startup
Capital
NEW YORK--(Business Wire)--
A majority of the world's early stage investment networks can now
be reached online through a single web site that was unveiled today.
For the first time, entrepreneurs are able to browse over 400 angel
investment groups and early-stage venture capital funds at
www.angelsoft.net, and apply for financing using a single common
application.

Over the last four years, the early-stage investment industry has
standardized on a single deal flow management platform to process
funding requests from young companies and share promising
opportunities with each other. These investment groups, representing
over 11,000 accredited investors, form the world's largest network of
startup equity capital. This marks a historic milestone in the
early-stage investment industry.

Until today, entrepreneurs had to be aware that an angel
investment group existed to apply to that group for funding. Now,
using the industry's Group Finder website, entrepreneurs can easily
find groups near them, view the groups' public profile, and apply
directly to any of them using a common application. An automated news
feed allows entrepreneurs to track the groups' activity on their
application as their company moves through the investment process.

"Balancing entrepreneurs' need for access with investors' need for
privacy has always been a challenge," said David S. Rose, one of the
leading angel investors in the United States and founder of Angelsoft,
the company that operates the industry's shared platform. "With the
release of Angelsoft 3.0 we believe we have finally found a solution
that works for everyone."

Angel investors are high net-worth individuals who typically
invest between $25,000 and $100,000 into early-stage companies. Over
the past decade they have joined together into hundreds of regional
and national groups. These groups, along with traditional venture
funds, are the primary source of early-stage funding accounting for
billions of investment dollars.

Access to Angelsoft's investor tools are restricted to members of
accredited angel investment groups and venture capital firms, but the
Group Finder, along with detailed statistics about the early-stage
investment industry, is publicly available at www.angelsoft.net.

Angelsoft LLC, founded in 2004, manages the worldwide
infrastructure for the early-stage investment industry. Each month
over 2,000 entrepreneurs apply for funding through an
Angelsoft-powered application. Over 400 angel groups and venture
capital funds, and 11,000 investors, rely on Angelsoft as their
exclusive means of deal flow intake and management.

Angelsoft LLC
Jason Schwartz, 646-867-2414
jason@angelsoft.net
or
Journalists can find additional information at
http://www.visualcv.com/angelsoft including demo login
information and an informational video
(http://www.vimeo.com/1608190).

Copyright Business Wire 2008