GrowthWorks Commercialization Fund Ltd.

GrowthWorks Commercialization Fund Ltd.

February 10, 2010 22:15 ET

GrowthWorks Commercialization Fund Announces Revised Asset Allocation Rules

TORONTO, ONTARIO--(Marketwire - Feb. 10, 2010) - GrowthWorks Commercialization Fund announced today that it has implemented previously announced and shareholder approved, revised investment allocation rules. These revised rules provide for an earlier pooling of investments among Series of Class A Shares, thereby achieving greater diversification among Series and lowering the overall risk profile. Under the new rules, all previously offered Series participate in a single, pooled venture investment portfolio. The currently offered 10 Series will participate in the pooled venture investment portfolio commencing on a date in March 2010 after the end of the RSP season.

"These changes will result in greater diversification for the Commercialization Fund's investors and further enhance their opportunity for capital appreciation," said David Levi, President and CEO of GrowthWorks.

Further particulars of the revised investment allocation rules are set out in the Fund's current prospectus.

About GrowthWorks(i)(www.growthworks.ca)

GrowthWorks(TM) managed funds provide investment capital for Canadian companies and tax-advantaged investment opportunities for Canadian investors. GrowthWorks Ltd. is a subsidiary of Matrix Asset Management Inc., a diversified asset management company with over $3 billion in assets under management, including $700 million in venture capital fund assets. Venture capital funds under management include the Working Opportunity Fund (EVCC) Ltd., GrowthWorks Atlantic Venture Fund Ltd., GrowthWorks Commercialization Fund Ltd. and GrowthWorks Canadian Fund Ltd.. GrowthWorks' venture capital division identifies, analyzes and structures investments in companies with high growth potential. Particular emphasis is placed on IT, Life Sciences and Advanced Manufacturing sectors. Building on more than 17 years of investment expertise, GrowthWorks is a leader in Canadian venture capital management.

(i)GrowthWorks refers to affiliates of GrowthWorks Ltd. and includes: GrowthWorks Capital Ltd., manager of the Working Opportunity Fund (EVCC) Ltd.; GrowthWorks WV Management Ltd., manager of GrowthWorks Canadian Fund Ltd. and GrowthWorks Commercialization Fund Ltd.; GrowthWorks Atlantic Ltd., manager of GrowthWorks Atlantic Venture Fund Ltd.. GrowthWorks is a registered trademark of GrowthWorks Capital Ltd. Commissions, trailing commissions, management fees and expenses all may be associated with investments in retail venture capital funds (RVCs). RVCs are not guaranteed; their values change frequently and past performance may not be repeated. Please read the prospectus of the fund before investing.

Contact Information