Entrex Private Company Market Legitimized NASDAQ, Goldman and OPUS-5
Chicago, IL – August 27, 2007 – The recent flurry of Wall Street to capitalize on the institutional private market has helped to legitimize the investment opportunities of private companies listed on Entrex’s entrepreneurial exchange.
The appearance of Goldman Sachs TrUE, the American migration of Bear Stearns’s Best Markets and the unveiling of OPUS-5 all reflect that institutions have an appetite to trade unregistered securities across a “non-public” electronic platform. Entrex, an Entrepreneurial Exchange, now in its fifth operational year, defined the reporting methodologies for private company investments and offers investors greater access and reach to private companies.
Entrex representatives explain how member companies are typically over five years old and range from $5-100 Million in annual revenue, while tracking annual growth rates -- on average -- exceeding 36%. Normally, companies and deals of this size would be too small to be noticed by Wall Street firms and to inefficient for the institutional market to capture. Now institutions are using Entrex to find, research, track and manage their private company portfolios.
Entrex has already seen success though partnerships with capital sources which bring hundreds of companies to the marketplace. Arthur Lipper III and Entrex have partnered to create three $200 Million institutional “Royalty Investment Funds” focused on high growth companies. Separately, two other Entrex partners expected to fund companies in Q4 are: Iron Leaf Capital which is focused on equity investments into socially responsible companies and the Private Company Composite Index (www.PrivateCompanyIndex.com) which intends to develop a diverse basket of up to 1000 Entrex companies in a unique “treasury guaranteed” fund that offers monthly revenue royalties distributed to shareholders while protecting their principal through the Treasuries.
Stephen H. Watkins, CEO of Entrex, suggests; “The recent activity surrounding the institutional private market certainly says we’ve been on the right track. Our five years of branding and development offer the early adopters a unique opportunity to share transparency to stockholders about their private company holdings. Wall Street’s recent volatility supports the need for transparency of private products – a channel which we’ve been creating for years – and something that fits beautifully into these institutional markets.”
Watkins muses about Entrex’s future; “We’re engaged in a number of strategic discussions ranging from collaboration to mergers and even have prepared a public registration. With Entrex’s first-mover advantage our potential is as uncapped as entrepreneurial spirit itself. Ultimately there’s some soul searching to do as to what’s best for our shareholders and which opportunity best supports the growth of our private company marketplace.”
For more information contact Entrex at (877)-4-Entrex or Swatkins@Entrex.net.
Entrex works with private companies and investors creating a venue to find, research, track, manage and trade interests in private companies. Through its innovative approach and process, Entrex is creating a whole new path to capital for entrepreneurial businesses. Ticker symbol (NASDAQ: NTRX) is reserved for their anticipated publicly traded entity.
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