The North Carolina Regional Angel Forum announced today the selection of five high tech companies that will make presentations at the inaugural Capital City Angel Forum at the Raleigh Capital City Club on November 16, 2004.

“We are delighted with the quality of our companies,” said Tom Vass, the organizer of the forum and President of the Corporate Investment Center, Inc., of Raleigh. “Each of them has very promising technology and excellent market prospects, and we hope that local accredited investors will come to the event and listen to their stories.”

The North Carolina Regional Angel Forum holds informal monthly social meetings of accredited investors and private companies who are seeking capital. The format for each meeting includes a preliminary 60-minute networking time with wine and food, where the presenting companies can meet potential investors in a social setting. The sponsors and professional service providers such as CPAs and attorneys can also use this networking time to meet the companies and angels. Presenting companies and sponsors are featured in a special advertising section on Local Tech Wire to achieve higher media visibility.

“We were very encouraged by the response of local law firms and accounting firms to our invitation to exhibit at our forum,” said Lea Strickland, the President of F.O.C.U.S. Resources, Inc., a co-sponsor of the event. “We want to create an open environment where all interested parties can support the growth of the high tech companies in the RTP, and where the benefits of technological innovation and economic growth are spread to the entire business community.”

David Chapman, founder and CEO of 919 Marketing, and a co-sponsor of the event said, ” We want to throw a big net to as many sources of capital as we can find in order to create a new diverse private capital market environment where companies have a maximum opportunity to achieve funding success. Our success for this event must be measured in terms of the success of companies that obtain capital to fund their growth.”

Pre-registration for the Capital City Club event is available at www.corporateinvestment.net. On November 16, 2004 a $25 entrance fee will be charged at the door.

About The Presenting Companies:

Pack-Rat (www.pack-rat.net ) has created a highly automated metal manufacturing process to produce a portable version mini-storage unit that can be easily delivered to a customer’s location. The delivery and pick up of the unit involves an advanced proprietary technique that greatly reduces the cost and complexity of using the units.

Research Triangle Software, Inc. (www.rtsz.com ) RTS offers secure and branded electronic commerce solutions used by industry-leading companies, small businesses and individuals. Their two lead products are CryptoStick, a portable encryption device• that lets customers carry files securely and have portable private Internet access, and LetterMark•, an internet based marketing tool that provides brand identification, web asset integration and enhanced customer contact functionality in email communications.

Endacea (www.endacea.com ) Endacea is a development stage biopharmaceutical company with a proprietary A1 adenosine receptor based technology platform for the treatment of asthma, ischemia-reperfusion organ injury, and Gram-negative septicemia (endotoxemia), as well as an assay for endotoxin.

iCardiogram (www.icardiogram.com ) combines state of the art medical technology with advanced internet-based communications to securely transmit medical images and medical reports over the internet. Physicians conveniently and quickly access the ultrasound, echocardiogram, and patient report through a secure web portal viewable on any computer with a broadband internet connection.

DataCraft Solutions (www.datacraftsolutions.com ) DataCraft creates advanced manufacturing process automation solutions through a secure Internet gateway, eliminating the need to install and maintain a complex IT infrastructure. Their lead product, Signum, is a Kanban Automation solution that streamlines replenishment and enables collaborative communication throughout the supply chain. Signum integrates inventory barcode scanners with an easy to use desktop interface.

About the Professional Service Provider Exhibitors:

Smith Debnam Narron Wyche Saintsing & Myers (www.smithdebnamlaw.com ) is a hard-working law firm not bound by stodgy traditions or age-old stereotypes. During the quarter-century since its founding, the firm has expanded to become one of the largest law firms in the Triangle … one that ranks among the 25 largest law firms in the state. It is dedicated to providing a full range of services to high tech companies.

McDaniel & Anderson LLP. Attorneys At Law. McDaniel & Anderson is one of the Triangle’s premier private capital market transactions and NASD securities law firms. They offer complete private placement services both for high tech companies and for private companies seeking to enter the public markets. 919 781 3000.

James Lurie, CPA, ABV. JLurie@nc.rr.com. James Lurie CPA offers comprehensive business valuation analysis for complex capital market transactions. The valuations are an essential part of any private placement or merger and acquisition deal. 919 266-7592