Executive Council of New York Forms Venture Capital Advisory Board
Council's VC programming helps foster relationships between New York's Investment and entrepreneur communities
New York, NY, September 7, 2004

The Executive Council of New York today announced the creation of a Venture Capital Advisory Board, a select group of venture industry leaders dedicated to providing high-level insight, expertise and guidance on the direction of the Executive Council's collaboration with the venture capital and entrepreneur communities.

A non-profit organization, the Executive Council is dedicated to fostering knowledge-sharing and business networking among New York's top executives. For example, The Council's Venture Economy Forum Series and Venture Edge Dinner Series focuson strengthening the ties between VCs and entrepreneurs.

The Council's new venture capital advisory board addresses broad discipline sets, including information technology, health care, telecommunications, media and financial services.

"The members of the Executive Council's Venture Capital Board have proven track records in New York and around the globe in helping entrepreneurs grow successful companies," said Bob Johnston, president of the Executive Council. "The Executive Council is committed to promoting economic development and job growth in New York - we're looking forward to working with this elite group to achieve our goal."

Members of the Venture Board include:
Arie Abecassis, Research Partners
Graham Anderson, EuclidSR Partners
John Cococcia, FA Technology Ventures
Gregory Bedrosian, Redwood Capital
Michael Driscoll, NASDAQ
Charlie Federman, BRM Capital
Roger Hurwitz, Apax Partners
Roger Krakoff, JEGI Capital
Scott Maxwell, Insight Partners
Michael Moretti, Silicon Valley Bank
Manu Rana, Lazard Technology Partners
Jesse Reyes, Global Product Management and Development Venture Economics
Robert D. Savage, Microsoft Corporation
Tige Savage, Time Warner Ventures
Dan Schultz, DFJ Gotham Ventures
Ben Terk, Rho Ventures
Virginia Turezyn, Constellation Ventures.

About the Executive Council of New York
Originally established as New York eComm, The Executive Council is a non-profit organization that brings together New York's business community for the purposes of fostering knowledge-sharing and business networking in a professional environment. The Executive Council programs focus on critical business and leadership issues at the intersection of technology and business, with unique industry programs focusing on venture capital, security, and corporate governance, among others. Its initiatives and corporate members contribute to the economic prosperity of the region while fostering knowledge and information sharing, professional development and partnership opportunities for our members. The Executive Council Corporate Members range from AT&T, IBM and Microsoft to TimeWarner, Citibank, and Merrill Lynch as well as many other large and emerging growth technology and financial services companies and major law and accounting firms.