YAHOO! EXECUTIVE STEVE MITGANG TO DELIVER VENTURENET^™ 2006 KEYNOTE

Technology Council Selects 12 Southern California Companies to Present Wide Variety of Business Cases at Premier Capital Conference

TORRANCE, Calif. – September 6, 2006 – The Technology Council of Southern California, www.tcosc.org, today announced that Steve Mitgang, senior vice president, Advertising Platforms and Products at Yahoo!, will give the keynote address at VentureNet™ 2006, the region’s premier capital conference for software and information technology companies.   

This year’s eleventh annual conference will be held September 14, 2006 at The Westin South Coast Plaza Hotel in Costa Mesa, Calif. A limited number of conference registrations are still available online at www.venturenet.org, or by calling (310) 325-4000.  

With more than 22 years of experience in technology, Mitgang is ideally suited to offer his perspective to the VentureNet audience. His presentation, titled “Digital Marketing: Evolution or Revolution,” promises to provide insightful commentary on a topic that every emerging company needs to understand in order to survive in today’s digital economy.

At Yahoo! Mitgang leads the definition, creation and marketing of Yahoo!’s advertising products, platforms and services. He joined Yahoo! after its successful acquisition of Overture Services, where he led the company’s Performance Marketing group. Prior to joining Overture, Mitgang was president and CEO of Keylime Software, a venture backed company acquired by Overture in 2003 under Mitgang’s leadership. Mitgang holds a degree in architecture from the University of California, Berkeley. 

This year’s conference will feature 12 capital presentations from pre-qualified companies seeking to make funding connections. Situated throughout Southern California – from Santa Barbara to Los Angeles to San Diego – and covering a variety of technologies, this year’s presenters are seeking A, B and C rounds of funding.

The conference will feature two review panels – each hearing six capital presentations – and a luncheon panel, which will discuss the state of technology investing. The firms involved include Anthem Venture Partners, BA Ventures, Globespan Capital Partners, GRP Partners, InnoCal Venture Capital, Kline Hawkes & Co., Menlo Ventures, Okapi Venture Capital, LLC, Rustic Canyon Partners, Shepherd Ventures and Tech Coast Angels.

Twenty companies, including the 12 presenting companies, also are invited to exhibit in the Entrepreneur's Showcase, where much of the conference’s networking takes place. A “Best of Show” award will be given to the company determined by panelists to have made the best overall presentation.

Presented by the Technology Council of Southern California, the conference is sponsored by Stradling Yocca Carlson & Rauth, Deloitte & Touche, CJ Patrick Company, CoreObjects, Tech Coast Angels, Pasadena Angels, socalTECH.com and Ruder Finn, Inc.

For more information on the Technology Council or its events, please visit: www.tcosc.org. 

About the Technology Council of Southern California

The Technology Council of Southern California is the premier forum for the region’s technology leaders, providing events, connections, information and resources to help technology companies succeed. From recognizing excellence in innovation through its annual awards event to providing access to funding through VentureNet, the Technology Council supports companies throughout their entire corporate lifecycles. Founded in 1991 as the Software Council of Southern California, the Technology Council has a 15-year history of supporting technology companies across the region. For more information visit www.tcosc.org.