SOURCE: Keiretsu Forum

April 18, 2007 09:30 ET

Keiretsu Forum Announces Formation of Cleantech Committee

SAN FRANCISCO, CA -- (MARKET WIRE) -- April 18, 2007 -- Keiretsu Forum, North America's largest angel investment network, announced today the formation of its Cleantech Investment Committee, making it the 15th Keiretsu Forum Committee and one of the first in the angel world chartered specifically to source and evaluate Cleantech deals.

"The formation of the Cleantech Committee couldn't have come at a better time," said Randy Williams, founder and CEO of Keiretsu Forum."We are proud that our members are always quick to organize and spearhead movements that better our community."

Cleantech companies focus on recycling, environmental clean up, renewable energy production, energy storage, and energy efficiency techniques. Companies such as Agricultural Waste Solutions, Modius, Porous Power Technologies, and Propel Bio Fuels will showcase their specialized technologies at the Keiretsu Forum's highly anticipated Angel Capital Expo on Wednesday, April 25 at the Mission Bay Conference Center, 1675 Owens St., San Francisco.

"Members' interest has been intense," said Jonathan Bonanno, Cleantech Chair and three time successful entrepreneur. "Having the Keirestu Forum Angels' focus on this very important business sector will serve as a bridge currently missing between the venture capital and entrepreneur communities. The Keiretsu Forum has raised the bar and will lead global Angel investing in Cleantech. I am proud to be a member."

Matthew Le Merle, Co-President of the San Francisco Chapter agreed. "It is impossible not to be aware of the increasing focus on Clean Technology around the world, and this is very much reflected in California where the State has taken a number of pioneering steps forward. Keiretsu Forum members are just as focused on being leaders in this area of entrepreneurialism and innovation and we are seeing an increasing number of interesting investment opportunities."

About Keiretsu Forum

With 12 chapters and over 500 accredited investor members throughout the world, Keiretsu Forum (www.keiretsuforum.com) is the largest North American angel investment network. Keiretsu Forum members have invested over $120 MM in 145 Companies and provide early-stage capital in the range of $250K-$2MM to high-quality, diverse investment opportunities and collaborate in the due diligence, but make individual investment decisions.

Cleantech entrepreneurs, Angel groups, venture partners, university programs, industry associations, and current cleantech businesses please contact Keiretsu Forum: quinn@keiretsuforum.com

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