July 13, 2004
NEWS ANNOUNCEMENT
FOR IMMEDIATE RELEASE
Contact: Mary Lee-Wlodek
Proactive Marketing, Inc.
(310) 454-4946
Featured Speakers included noted technologist Andrew Seybold and Steve Westly, Controller, State of California
Los Angeles, Calif., July 13, 2004 – The Western Regional Association of Small Business Investment Companies (WERASBIC) held its annual meeting in San Francisco. John M. Morris, managing director of GKM Ventures, will continue as president of WERASBIC for a second year. By virtue of this post, Morris also will remain a member of the NASBIC Board of Governors.
"I am thrilled to serve a second year as president," said Morris. "I look forward to continuing to work with the NASBIC staff in Washington, D.C. to promote venture capital investing throughout the Western U.S."
WERASBIC’s Annual Meeting featured presentations by The Honorable Steve Westly, controller of the State of California and by Andrew Seybold, publisher of Forbes/Andrew Seybold’s Wireless Outlook and one of the premier industry analysts covering the microcomputer and communications fields. Jeffrey Pierson, associate administrator for investment of the U.S. Small Business Administration, provided a comprehensive update on the SBA’s regulations and initiatives.
Since 1958 the National Association of Small Business Investment Companies (NASBIC) has represented the SBIC industry, promoting its expansion and vitality through effective representation and successful professional programs. It is the oldest organization of venture capitalists in the world. The Washington, DC-based association cooperates closely with other independent business associations in advancing the interests of small business at the federal level. Additionally, NASBIC sponsors and coordinates industry meetings and educational programs, including the annual Venture Capital Institute, widely recognized as the premier educational program on venture investing. NASBIC will hold its 46th Annual Meeting October 24-26, 2003, at The Phoenician in Phoenix, AZ. For more information about the SBIC program and NASBIC, visit the association’s Web site at www.nasbic.org.
About GKM Ventures
GKM Ventures, with offices in Los Angeles (HQ) and Menlo Park, is a $97 million venture capital fund investing $2 million to $4 million in expansion-stage technology companies located in the Western U.S. The primary industry sectors in which the Fund invests include wireless, enabling applications, enterprise and infrastructure software, semiconductor, communications and digital media industries. GKM Ventures is a licensed SBIC. For more information about GKM Ventures, please visit the Fund’s website at www.gkmventures.com .
© 2005. GKM Management LLC. All Rights Reserved.
