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Entrex and Private Business Channel launch the "Private Company Index Challenge"
Chicago, IL July 25, 2006 – Entrex and the Private Business Channel announce the creation of the Private Company Index Challenge.
"The PCI Challenge was designed to allow private companies to anonymously compare their private company revenue performance to the indices of DOW and NASDAQ... as well as Entrex's and Private Business Channel's PCI." said Stephen H. Watkins CEO of Entrex and the Founder of the Private Company Index.
"It will be fun to see the activity and the comparisons we receive in the Challenge. No telling how well this will be received as the existing Private Company Index Companies obviously have significant sales growth and will be tough for a lot o companies to be compared to" said Watkins. "This is like comparing yourself to the "Blue Chips" of the private sector! Hopefully we will find a whole new series of companies wanting to join the PCI."
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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.
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