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Wilmington, DE- SAS Investor’s Managing Partner, Joshua Grotstein, will serve as co-chair for the ninth annual Early Stage East Venture Capital Conference to be held on May 8 th & 9 th, 2006. Mr. Groststein has served on Early Stage East’s planning committee and participated in panel presentations in previous years. He will work with co-chair, Sean Sebastian, a partner at Birchmere Ventures, to champion venture opportunities for investors and entrepreneurs on the East Coast.

Mr. Grotstein is Partner and Co-Founder of SAS Investors, a venture capital firm created to grow the Mid-Atlantic and Northeast’s most promising pre-seed and early stage high technology ventures. Prior to SAS Investors, Mr. Grotstein served as a division executive for global ecommerce at Citigroup, led the content and commerce efforts at Prodigy, where he was a member of the senior executive team leading the spin-out (from IBM and Sears) and was the founding general manager of NBC’s Online Ventures, where he was part of the team that formed the initial relationship between NBC and Microsoft which led to the creation of MSNBC. . He has also had a significant Marketing and Business Development experience across various technology and communication sectors working at CNBC and J. Walter Thompson. He sits on the boards of Multispectral Imaging and Backfence.

The ESE 2006 Venture Conference will be held at the DuPont Country Club and Brantwyn Estate on May 8 th & 9 th. “The Early Stage East conference is consistently one of the country’s pre-eminent venues for early stage deal flow,” noted Mr. Grotstein. “I’m excited to be part of the committee planning the 2006 conference, which I’m certain will feature many world-class start-up’s.”

On Monday, May 8th, ESE welcomes attendees to our day of athletics to include a golf outing, tennis tournament, and competition lawn bowling. It’s a great way to network in a relaxed and fun environment. Attendees will kick-off the conference that evening at a lavish networking reception hosted at the Brantwyn Estate, a former DuPont family residence.  On Tuesday, May 9 th, the conference will include presentations from the most innovative early stage companies on the East Coast, panel presentations, exhibits, and networking.

Traditionally, the conference features start-up companies focused on information technology, enterprise software and internet technology. This year, companies specializing in chemicals and advanced materials, manufacturing technology, nanotechnology, medical instruments and devices, industrial biotechnology and electronic materials are also encouraged to apply.

ESE 2006 brings the annual conference back to Delaware, a prime location in the central region of Early Stage East’s geographic footprint which extends from the Carolinas to New England.

Apply to present at the conference or register to attend at www.earlystageeast.org. The deadline to apply is March 15.

Sponsorships are still available, but selling out quickly. Learn more about sponsorship opportunities by contacting the Early Stage East office as soon as possible at 302-777-2460 or [email protected].

About SAS Investors

Founded in January 2001, SAS Investors makes venture capital investments in paradigm-shifting seed and early-stage technology companies in the Northeastern United States. SAS is backed by Rho Capital Partners, Sevin Rosen Funds and Canaan Partners, three of the country's largest and most prominent venture capital firms. Its target investment sectors include energy technology, broadband-enabled businesses, infrastructure software, material sciences and semiconductors. Visit www.sasinvestors.com for more information on the fund.

About Early Stage East

Early Stage East is an organization dedicated to seeing early stage companies grow and succeed. Early Stage East was founded in 1998 as a non-profit organization and has grown from a single-day venture capital fair to a year-round series of events to include venture conference and entrepreneurial education programs. Our events showcase entrepreneurs from up and down the East Coast in order for them to effectively obtain venture capital and successfully start break-away businesses. Early Stage East is geographically the largest venture conference specifically for early stage companies. Companies that have participated in Early Stage East events have gone on to raise over $600 million in institutional funding.





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