SOURCE: Keiretsu Forum

November 20, 2006 11:00 ET

Keiretsu Forum Launches Beijing Chapter

Largest Angel Investor Network Expanding Influence Internationally

China Opens to Investment From Angel Investors

SAN FRANCISCO, CA -- (MARKET WIRE) -- November 20, 2006 -- Keiretsu Forum, the largest angel investor network in the U.S., opened its first international chapter in Beijing on November 18.

Beijing's embrace of the Keiretsu Forum is seen as a dramatic example of the rise in angel investing on a global scale, and the formation of new cross-border flow of investment capital.

A delegation of Keiretsu Forum members traveled to China to attend the new chapter's opening ceremonies and inaugural meeting, headed by Keiretsu Forum Beijing chapter co-presidents Dr. Jenny Shi, Dr. Hal Lemmon, and Mr. James Shi.

Mr. Matthew Le Merle, co-president, Keiretsu Forum San Francisco, gave a presentation on angel investing at a conference hosted by China's National Development and Recovery Commission. The conference preceded the Keiretsu Forum meeting, at the Great Hall of the People on the western edge of Tiananmen Square.

"It is an honor to facilitate the launch of Keiretsu Forum in Beijing," said Mr. Le Merle. "We have already received great interest from potential angel investors in China who wish to learn how to be active and effective supporters of new, innovative Chinese companies."

"We are excited to expand Keiretsu Forum's global investor community with the opening of our Beijing chapter, the first in the Asia Pacific region," said Randy Williams, founder and CEO of Keiretsu Forum. "China presents many investment opportunities for active angel investors and we see many ways for our members in China and the U.S. to work together in meaningful ways."

Three companies made presentations at the Keiretsu Forum Beijing's inaugural session including QBInternational, a Larkspur, Calif.-based technology firm.

About Keiretsu Forum

Keiretsu Forum, headquartered in the Northern California city of Lafayette, is the largest North American angel network with 11 chapters and more than 500 accredited investor members. Since September 2000, Keiretsu Forum members have invested more than $80 million in 125 companies in technology, healthcare/life sciences, consumer products, real estate and other segments with high growth potential. The Keiretsu community is strengthened through education on angel investing, as well as charitable and social activities.

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