Friday, December 14, 2007

HERCULES PARTICIPATES

NETWORK NEWS :: HERCULES PARTICIPATES IN $150 MILLION SYNDICATE FINANCING BY PROVIDING $17.5 MILLION IN DEBT AND $500,000 EQUITY CAPITAL TO THE GENERATIONS NETWORK, INC.: "NETWORK NEWS
Hercules Participates in $150 Million Syndicate Financing by Providing $17.5 Million in Debt and $500,000 Equity Capital to The Generations Network, Inc.

Hercules Technology Growth Capital, Inc. (NASDAQ: HTGC), the premier specialty finance company providing venture debt and equity to venture capital and Private Equity backed technology and life science companies at all stages of development, today announced that it provided a combination of $17.5 million in debt financing and $500,000 of equity capital as part of a larger leveraged recapitalization on December 5, 2007, to The Generations Network, Inc. ? an online NETWORK of family history Web sites."

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