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Entrex Index Fund offers "Stock Purchase Agreements" for Private Companies Shareholders
Chicago, IL May 15 - 2006 - The exclusively licensed Entrex Index Fund www.entrexindexfund.com has received its first capital commitment from Meridian Capital and has started allocating funds through "Stock Purchase Agreements" with various private companies. "These are the first steps marking the beginning of the Entrex Index Fund," said Fred Knight, Fund Administrator. "Our hope is to have a foundation of over 100 companies in the fund by the end of 2006".
Knight continues, "We have a great start through the Entrex/PBC Private Company Index www.privatecompanyindex.com. Participating Index companies represent the high growth companies whose founder's and early investors have previously struggled for liquidity events. Our fund provides a vehicle for the purchase of minority interests from existing shareholders in private companies offering a diverse basket of private securities to alternative investors".
"The Entrex Index Fund is targeted to be sold to accredited investors through various broker-dealers across the country. As this moves forward we will start rolling up the funds together and anticipate taking the fund public in 2007" said Fund Administrator Knight.
"We had no idea that the Entrex/PBC Private Company Index would be so widely accepted by the financial market. As a result, the Entrex Index Fund was created. Accredited investors and the broker-dealer community can now find a new, innovative product to offer their clients", states Stephen H. Watkins CEO of Entrex Inc.
Interested shareholders, companies and Brokers-Dealers may contact Fred Knight at FKnight@entrexindexfund.com to learn more information about participation in the Entrex Index Fund.
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Entrex works with private companies and accredited/institutional investors creating a venue where investors can find, research, track and invest in private companies. Private companies that adhere to the methodologies and disciplines of Entrex gain credibility and exposure to the investor community while gaining liquidity options beyond the traditional route of IPOs, mergers and/or acquisitions. Through its innovative approach and process, Entrex is creating a whole new path to capital for privately-owned businesses.
Contact: John Ferguson, Ferguson Advertising (260) 426-4401

