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1418 companies survey the Entrex/PBC "Private Company Index Challenge" the first week
Chicago, IL August 05, 2006 – Entrex and the Private Business Channel announce that over 1400 companies have "taken the Challenge" in the first week of operations.
"We are exhilarated by the response we have had and the multiple companies that have requested to join the index” said Stephen H. Watkins CEO of Entrex and the Founder of the Private Company Index. “What is amazing is looking at the overall performance of the anonymous data. Obviously it is not matches the index performance… but it becomes obvious that sales for private companies is still vibrant.”
"This has been a challenge to get up, running and embraced... but slowly the financial community is earmarking this as a benchmark of private companies".
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Entrex works with private companies and accredited/institutional investors creating a venue where investors can find, research, track and invest in private companies. Private companies that adhere to the methodologies and disciplines of Entrex gain credibility and exposure to the investor community while gaining liquidity options beyond the traditional route of IPOs, mergers and/or acquisitions. Through its innovative approach and process, Entrex is creating a whole new path to capital for privately-owned businesses.
Contact: John Ferguson, Ferguson Advertising (260) 426-4401
