SOURCE: Technology Investment Capital Corp.

January 23, 2006 08:00 ET

TICC Announces Investment

GREENWICH, CT -- (MARKET WIRE) -- January 23, 2006 -- Technology Investment Capital Corp. (NASDAQ: TICC) announced today that it completed a $7.0 million investment in senior secured notes of one of the largest Internet domain registrars and a leading provider of website design, web hosting, e-mail and other value added online services for businesses and individual customers.

About Technology Investment Capital Corp.

We are a publicly traded business development company principally engaged in providing capital to small to mid-size technology-related companies. While the structures of our financings vary, we look to invest primarily in the debt and equity of established technology-related businesses. Companies interested in learning more about financing opportunities should contact Barry Osherow at (203) 661-9572 or visit our website at www.ticc.com.

Forward-Looking Statements

This press release contains forward-looking statements subject to the inherent uncertainties in predicting future results and conditions. Any statements that are not statements of historical fact (including statements containing the words "believes," "plans," "anticipates," "expects," "estimates" and similar expressions) should also be considered to be forward-looking statements. Certain factors could cause actual results and conditions to differ materially from those projected in these forward-looking statements. These factors are identified from time to time in our filings with the Securities and Exchange Commission. We undertake no obligation to update such statements to reflect subsequent events.

Contact Information

  • Contact:
    Patrick Conroy
    203-983-5282