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Small Tree Communications Receives Angel Funding Investment

February 23, 2005 by Joe DiBenedetto

Funds to be Used for Further Product Development

CHIPPEWA VALLEY, WI, February 23, 2005 Small Tree Communications, designers and manufacturers of high performance networking products for Apple’s Mac OS X, recently announced that they have received investment funding in the amount of $445,000 from the Chippewa Valley Angel Investing Network, a group of investors who are interested in promoting new companies and businesses in the Chippewa Valley. This investment will be used to help Small Tree Communications continue its growth by providing funds for further product development and brand marketing efforts.

The Chippewa Valley Angel Investing Network, established approximately 18 months ago, meet on a regular basis to review different business proposals they receive from companies in the area. After reviewing proposals, the group invites prospective investment recipients to conduct a thorough presentation on their company. While the group has received a substantial amount of proposals and met with numerous candidates, only three have received investment funding, including Small Tree Communications.

“We reviewed Small Tree’s business plan, investigated the company and met with several of its key officials over the past nine months,” stated Claire Johnson, president of the CV Angel Investing Network. “Ultimately, we agreed to invest in this company because we are confident that it will have a successful impact on our region and be beneficial to our investors.”

A Board of Directors will be formed and regular meetings will be held to discuss present progress and future plans of action. The Board will consist of two members from the CV Angel Investing Network and Small Tree Communications, as well as Jeff West, president of Silicon Logic Engineering. Mr. West will serve on the Board as an outside independent director.

“We appreciate the investment group’s confidence in Small Tree Communications,” stated Corky Seeber, president. “We believe that we have introduced solutions to the HPC marketplace that are an ideal compliment for the Apple Xserve product line. In addition, we have developed a number of high performance networking products for Apple’s Mac OS X that are revolutionizing the industry, and we expect our company’s progression to continue by leaps and bounds this year. By granting investment funds to area businesses such as ours, the Chippewa Valley Angel Investing Network is providing an immeasurable service to the region.”

Small Tree Communications is dedicated to providing unique leading edge enterprise networking solutions to the Mac. With world-class high performance computing experience from its team of networking and kernel developers, Small Tree Communications brings new technology peripheral products to meet the demanding application requirements of Mac customers. In addition to InfiniBand products, the company also offers copper and optic-based multi-port gigabit Ethernet cards, 10Gb Ethernet adapters and IEEE 802.3ad Link Aggregation software for the Mac. Pricing and additional information can be found on the company’s web site at http://www.small-tree.com, by calling 866-STC-4MAC, or by sending email to info@small-tree.com.


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