Aztec Equity Partners Launches Innovative Fund Providing Capital and Expertise for Entreprenuers...

Aztec Equity Partners Launches Innovative Fund Providing Capital and Expertise for Entreprenuers in Fast-Growing ‘Green Technology’ Markets



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New York, NY–(HISPANIC PR WIRE)–June 1, 2006–Aztec Equity Partners today announced that its private equity fund intends to invest in the next wave of “disruptive” technologies: alternative fuels, “green” building, and environmentally friendly products. Aztec has already raised seed capital and is now finalizing an agreement on a joint venture that will commercialize an entire line of leading edge “green” building products.

Although Aztec will consider opportunistic investments in technologies across a broad range of industries, it will be primarily focused on “green” technologies. “Sustainable technologies will be the largest economic opportunity of our century and will likely experience a boom much similar to that of the internet,” said Dr. Ali Akansu, the fund’s Managing Director charged with overseeing all technology investments.

“By 2020, global reliance on fossil fuels could grow to 90%. High oil prices and a new energy act will greatly accelerate the commercial viability and adoption of green technologies across entire industries in the United States. This will provide incredible opportunities for investors seeking to maximize returns from early-stage companies developing innovative technologies in these fields,” emphasized Dr. Akansu.

“With the talent, resources, technology and know-how required to commercialize “green” technologies, Aztec is perfectly positioned to source deals from entrepreneurs seeking to ride this technological wave. We will provide portfolio companies with access to both the capital and commercialization expertise required for success,” stated Graciela Diaz, the Managing Director in charge of technology commercialization.

Aztec has also developed a unique program to source deals: the Aztec Commercialization Assistance Program (AZCAP). “This program will provide early-stage minority and women businesses in science, technology and engineering with access to both capital and expertise. We believe that the best, the brightest and the most talented Latino, Indian, Asian and African-American entrepreneurs are well-poised to create the next generation of technology businesses,” said Alex Garcia, a Managing Director heading sustainable design, materials and development.

About Aztec

Aztec Equity Partners provides capital, management expertise, and value-added services to early-stage technology companies with superior growth potential. We leverage our experiences, industry expertise, and investment partners to guide visionary technology entrepreneurs towards building successful companies. We invest in companies that, while small today, may be a Fortune 500 tomorrow.

For more information about Aztec Equity Partners, please visit http://www.aztecpartners.com

Aztec Equity Partners Launches Innovative Fund Providing Capital and Expertise for Entreprenuers in Fast-Growing ‘Green Technology’ Markets