Start-Up TV Network Launches Fundability Web Site to Connect Entrepreneurs with $50...

Start-Up TV Network Launches Fundability Web Site to Connect Entrepreneurs with $50 Billion in Investment Capital

Online marketplace enables accelerated funding for seed to
mid-stage companies
FOLSOM, Calif.--(Business Wire)--
Start-Up TV Network Inc. today announced Fundability as its new
company brand and the launch of www.fundability.com, a new web-based
marketplace where investors and entrepreneurs make serious investment
connections.

With angel investors and venture capital firms investing more than
$50 billion every year in seed- to mid-stage companies, Fundability's
online marketplace helps venture capitalists and angel investors find
quality deal flow and accelerate the early stage funding process.

Fundability uses web video and rich media to showcase companies
combined with due diligence tools that simplify investors' research
and communications.

"We built Fundability with a hands-on understanding of early stage
investing from both perspectives - the entrepreneur's and the
investor's," said Steve Nilan, Fundability's CEO and co-founder. "We
start with quality deal flow and qualified investors in a friction
free environment where interaction is easy and painless. It's all
about accelerating time to funding through better communications,
VC-caliber diligence and syndication tools in a secure environment.
It's just a better way to get deals done."

Fundability bridges the gap between the fast pace of
entrepreneurial startups and the slow and inefficient fundraising
process.

Entrepreneurs can send their company's Fundability Deal
SnapShot(TM) (a weblink to their online, interactive executive
summary) directly to investors. The Deal SnapShot(TM) communicates in
a single screen what otherwise would require many megabytes of email
attachments or large printed documents. Qualified investors can search
for deals in the marketplace that meet their personal investment
criteria (industry, stage, funding round) and perform online due
diligence in Fundability's DiligenceRoom(TM).

Investors can also choose to have pre-screened deals sent
automatically to them by creating an "Investor SweetSpot." Investors
can join or start a Virtual Investment Group and syndicate deals with
other groups or individual investors within the Fundability network.

Deals are already flowing through the site.

During the company's beta phase in the third and fourth quarters
of 2007, several companies used the Fundability platform, including
two that closed rounds totaling more than $5 million from a venture
firm, Velocity Venture Capital, with a syndicate of angel investors.

Jadoo Power (www.fundability.com/jadoopower) raised more than $3
million in less than 60 days using the Fundability Platform. Marquiss
Wind Power (www.fundability.com/marquisswindpowerinc) completed a
$1.5M Series A in under three months.

Fundability is available to entrepreneurs for a monthly
subscription of $49.99. Accredited investors who complete an SEC
questionnaire are given a free basic membership to the site. The
Company also offers private-labeled versions of the Fundability
platform to investor groups, investment banks, venture capital firms
and later stage companies that need private deal flow management and
investor relations websites.

About Fundability

Fundability, based in Folsom and backed by Velocity Venture
Capital, was founded by investors and entrepreneurs who have
first-hand experience with the challenges of early stage investment.
We know that raising capital is tough for entrepreneurs and that
finding a fundable deal is never simple for the serious investor.
Fundability brings innovation to the early stage funding process and
accelerates connections between quality deals and qualified investors.
Fundability is the new business marketplace where deals get funded
faster. For more information, go to www.fundability.com.

For Fundability
Jeff Weidel, 916-781-0616
jeff@halldinpr.com

Copyright Business Wire 2008