2006 Business Outlook Conference Technology & Venture Capital Your Lifestyle, Your Mind, Your Future

Tanveer Patel, CircleSource President and Founder Relocated her company from Chicago Local PM + Outsourced Software Development CircleSource is located at the Entrepreneurial Center

President and Founder

Relocated her company from Chicago

Local PM + Outsourced Software Development

CircleSource is located at the Entrepreneurial Center

#3 Hot City for Entrepreneurs

Our Startup Ecosystem Business Incubation / Startup Assistance Economic Development Technology User Groups Technology Centers / Research Institutions Venture Capital Funding Sources Workforce Development and Tech Education

Business Incubation / Startup Assistance

Economic Development

Technology User Groups

Technology Centers / Research Institutions

Venture Capital Funding Sources

Workforce Development and Tech Education

Downtown Innovation Center Combining the Entrepreneurial Center and UAB’s OADI @ old Sears Building $12M+ Project <12 blocks vs. ~9 miles from UAB

Combining the Entrepreneurial Center and UAB’s OADI @ old Sears Building

$12M+ Project

<12 blocks vs. ~9 miles from UAB

Your Lifestyle, Your Mind, Your Future

Jesse Hipps, Heritage Center President and CEO Retired chemist from Dupont & Monsanto Workforce Development Not-for-profit serving young people in downtown Bessemer Job Shadowing guru and curriculum author

President and CEO

Retired chemist from Dupont & Monsanto

Workforce Development Not-for-profit serving young people in downtown Bessemer

Job Shadowing guru and curriculum author

Computer Learning Centers Center for Urban Missions Empowerment, Inc. Partners in Neighborhood Growth The Heritage Center Jefferson County Library Cooperative

Center for Urban Missions

Empowerment, Inc.

Partners in Neighborhood Growth

The Heritage Center

Jefferson County Library Cooperative

Community Engagement

Your Lifestyle, Your Mind, Your Future

Milton Silva-Craig, Emageon President and COO since 2004 Prior to joining the company in 2001, was VP/GM of GE’s ASP Services & eCommerce business Top 40 Under 40 in 2005

President and COO since 2004

Prior to joining the company in 2001, was VP/GM of GE’s ASP Services & eCommerce business

Top 40 Under 40 in 2005

Emageon ~ February IPO $70M / Net $60.5M Underwriters exercised $9M more $4M CAPCO returned VC Exits Southeastern Technology Fund - 15.6% ownership Redmont Venture Partners - 3% ownership Harbinger/Aurora Ventures - 3.8% ownership Jemison Investment Co. Delta Capital Management (Memphis, Tenn.) $13 Opening Price Lockup Expired

$70M / Net $60.5M

Underwriters exercised $9M more

$4M CAPCO returned

VC Exits

Southeastern Technology Fund - 15.6% ownership

Redmont Venture Partners - 3% ownership

Harbinger/Aurora Ventures - 3.8% ownership

Jemison Investment Co.

Delta Capital Management (Memphis, Tenn.)

Biocryst ~ Hot Public Biotech $78.9M new capital in 2005 Kleiner Perkins Caufield & Byers Since 1972 KPCB has backed entrepreneurs in 450 ventures, including AOL, Amazon.com, Citrix, Compaq, Electronic Arts, Genentech, Genomic Health, Google, Intuit, Juniper Networks, Netscape, Lotus, Sun Microsystems, Symantec, and Verisign CNBC Exposure $30M Raise 5yr $500+M Deal w/ Roche $23.9M Raised

$78.9M new capital in 2005

Kleiner Perkins Caufield & Byers

Since 1972 KPCB has backed entrepreneurs in 450 ventures, including AOL, Amazon.com, Citrix, Compaq, Electronic Arts, Genentech, Genomic Health, Google, Intuit, Juniper Networks, Netscape, Lotus, Sun Microsystems, Symantec, and Verisign

CAPCO Venture Capital Monies Advantage Capital Alabama Partners Southeast Technology Fund (Huntsville) Enhanced Alabama Issuer Redmont Venture Partners Stonehenge Capital Fund Alabama Jemison Investment Co.

Advantage Capital Alabama Partners

Southeast Technology Fund (Huntsville)

Enhanced Alabama Issuer

Redmont Venture Partners

Stonehenge Capital Fund Alabama

Jemison Investment Co.

CAPCO Venture Capital Monies Waveland NCP Alabama Ventures New Capital Partners Whitecap Alabama Growth Fund Greer Capital Advisors Wilshire Alabama Partners Merchant Capital Partners (Montgomery)

Waveland NCP Alabama Ventures

New Capital Partners

Whitecap Alabama Growth Fund

Greer Capital Advisors

Wilshire Alabama Partners

Merchant Capital Partners (Montgomery)

CAPCO VC Monies Invested

“ Large” Tech Companies ~ >50 emp. 80 60 40 20 200 400 600 800 Command Alkon not shown

A Sampling of Tech Companies

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