Citing their commitment to promoting small business economic growth, two of the South’s prominent professional service firms have agreed to co-sponsor the February 22, 2005, Capital Market Exchange Forum in Raleigh.

“Our firm is committed to helping small high tech companies,” said John McNeill, who leads the intellectual property and technology law practice at Smith Debnam. “We want to help the full range of companies, from start-ups looking for a broad range of business and intellectual property services, to operational medium-sized established companies, that have a new technology to bring to market, and we think this forum is the right format for connecting to those companies.”

The other new sponsor is Cherry, Bekaert & Holland, L.L.P., one of the largest regional accounting and consulting firms headquartered in the Southeast.

“CB&H is a local firm, and we are committed to providing the services local companies need to help them succeed,” said Michelle Thompson, partner in the Mid Carolina practice of Cherry, Bekaert & Holland. “Investment capital can be the lifeline of great companies who just need some additional resources to take their organization to the next level. With an event like the North Carolina Regional Capital Market Exchange, it’s a win-win for emerging companies and those who may like to invest in them.”

The Capital Market Exchange is a joint undertaking by local professional advisors and Local Tech Wire. The forum is designed to showcase promising companies to a wide range of potential capital sources, including angels, debt oriented capital, such as small business investment companies, and commercial bankers who focus on the needs of small companies.

Three companies will be making presentations at the event.

“We have the good fortune to present three terrific companies to the RTP investment community,” said Tom Vass, president of the Corporate Investment Center, Inc., one of the co-hosts. “BioResource International, Inc. serves as our start-up company this time, while VetInsite, of Silver Spring, Maryland, and Legacy 2 Future, Inc., are the operational companies for our event.”

Other sponsors include FOCUS Resources, 919 Marketing and Ascot Technologies.

“Our mission is simple and straightforward — help emerging companies raise growth capital,” said David Chapman, president of 919 Marketing. “We believe that inviting multiple sources of capital will create an environment where companies have maximum opportunity to achieve funding success.”

The event begins at 5pm and seating at the Crabtree Marriott is limited. Pre registration to attend will be required at:

About Cherry, Bekaert & Holland L.L.P. ( )

As the accounting and consulting firm of choice to thousands of clients, Cherry, Bekaert & Holland is uniquely positioned to provide quality, cost-effective and value-added advice to a diverse and successful client base. The firm sets itself apart in the middle market by offering the extensive specialization and service opportunities of a national firm coupled with the service continuity and personal relationships delivered by a local firm. Ranked 23rd nationally among CPA firms, CB&H’s resource network stretches regionally across seven states, including the large metro markets of Atlanta, Charlotte, Hampton Roads, Raleigh, Richmond, Tampa and Washington DC, and nationally and internationally through an alliance with Baker Tilly International, a worldwide network of independent accounting firms.

About Smith Debnam. ( )

Smith Debnam is a Raleigh-based law firm that has served individuals and businesses in North Carolina for over 30 year. It is ranked as one of the 16 largest firms in the Triangle area, and has recently expanded locations to include a satellite office in Charlotte, NC. The Firm’s practice areas include business law, technology and intellectual property law, business reorganizations and bankruptcy, creditor representation, construction law, equipment leasing and finance, family law, litigation, and real estate.