Texas, Nov. 2, 2004 - The Texas Investment Network today announced the launch of its website, TexasInvestmentNetwork.com that matches Texan based entrepreneurs seeking capital with angel investors. The online matching service is the first of its kind for Texas and surrounding states.

The Texas Investment Network, found on the web at www.TexasInvestmentNetwork.com, allows angel investors (wealthy individuals who invest their personal funds into early-stage firms) to register online free of charge to review investment proposals from Texas entrepreneurs. The service enables entrepreneurs to submit their investment proposals free of charge. Only when a match is made with a suitable investor, are the entrepreneurs required to pay a one-time fee of $199, subsequent matches are free for up to one year.

The Texas Investment Network was created to fill the needs of investment matching in the southern states marketplace. The network's principals have a diverse range of experience specializing in business acquisitions, government and information technology.

"As an entrepreneur, I recognized a need to create a forum to bring entrepreneurs and angel investors together for the benefit of both parties," said Anthony Rommens, Managing Director of the Texas Investment Network. "The website is a user-friendly and effective tool to either find money for your business or find an investment that suits your needs."

American angel investors invest more than $20 billion into small businesses annually. Even with this amount being invested, a common complaint by investors is that they cannot source enough opportunities. With current down turns in the stock markets, investors are becoming more concerned with where to put their hard earned money.

Entrepreneurs are voicing similar frustrations. There are over 24 million small and medium sized businesses in the US and banks are not nearly as open as they were a few years ago to financing these companies.

"This leaves a huge void in small business financing that the Texas Investment Network can help fill," added Rommens.

About the Texas Investment Network

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The Texas Investment Network is a State-wide online matching service connecting entrepreneurs seeking capital with angel investors. It is owned by the California Investment Network Inc.. It is the first of its kind for Texas to offer this format of matching. For more information go to www.TexasInvestmentNetwork.com.

For further information: Media Contact: Anthony Rommens, Managing Director, marketing@texasinvestmentnetwork.com