RESTON, Va./March 4, 2002 -- The Technology and Life Sciences Division of Comerica (NYSE:CMA - news), a leading financial services company, is pleased to announce its sponsorship of the cyberCFO Jump$tart Series to be held Wednesday, March 6 at Teqcorner in McLean, Va.
The cyberCFO Jump$tart Series allows entrepreneurs with promising companies to present their business plans to a select group of more than 100 venture capitalists and accredited investors. This invitation-only event includes lunch, followed by back-to-back seven-minute presentations. CyberCFO, an outsourced, strategic financial services provider for emerging-growth technology companies, hosts the prestigious event.
Comerica continues to support the rebounding economy by actively participating in events highlighting growing companies. The cyberCFO Jump$tart series has a proven record of success in gaining funding for early-stage companies.
Ten companies from the DC metro, Philadelphia, and Boston areas, representing a range of vertical markets including biotech, wireless, networking/infrastructure, security, and software, were selected to present. The companies are Openforce Software, Advanced BioNutrition, Project Yangtze, ANKA Systems, InteHealth, EKA Systems, Silver Beech, Wildfire Simulations, Salvage Direct and GetWellNetwork.
For additional information about the cyberCFO Jump$tart series and webcasts of previous presentations, please visit www.cybercfo.com/jumpstart/jumpstart.html, or contact Carl Grant, vice president, Business Development, 703/391-6200 ext. 270.
About Comerica's Technology and Life Sciences Division
Comerica's Technology and Life Sciences Division is one of the nation's leading technology banking practices, offering a wide range of financial services tailored to corporate customers, entrepreneurs and professionals. Veteran bankers provide credit and financial services and products to young, growing, professionally backed technology and life sciences companies, as well as their more mature counterparts in the computer products, Internet services, telecommunications, life sciences and e-commerce industries. From 19 offices located across the U.S., Comerica's Technology and Life Sciences Division serves all major technology centers. Comerica is the 17th largest banking company in the nation, with $51 billion in assets.
About cyberCFO
Founded in 1995, cyberCFO provides outsourced, strategic financial service to emerging-growth technology companies. Headquartered in Reston, Va., cyberCFO has worked with over 150 emerging-growth technology companies, providing its clients with a set of project-based solutions and ongoing services designed to replace a significant portion of a company's traditional in-house finance department. Through its highly-trained, resource-rich CFO teams, cyberCFO can accelerate a start-up firms' speed to market by validating business models and sustaining financial health through strong partnerships with investors, banks, auditors, and other service providers. CyberCFO currently has offices in Boston, Philadelphia, and Northern Virginia.
Media Contacts:
Comerica Bank-California
Keith Turner, 408/556-5111
keith_turner@comerica.com
or
Pacifico (for Comerica's Technology and Life Sciences Division)
Adrienne Moch, 408/293-8600 x319
amoch@pacifico.com
