Cell Phones Become Mobile Business Computers for Venture Capitalists

BOULDER, CO – October 15, 2006 – bpCentral, Inc. today announced the world’s first handheld software applications that allow venture capital partners and their portfolio companies’ executives to perform complex pricing and liquidity analysis while virtual, mobile or remote.

With the launch of Liquid Scenarios® 2007 and DownRound™ 2006 for Palm Treo 700w, Motorola Q and HP 6500, bpCentral’s proprietary tools import financial reports in seconds simply by clicking on a workbook file (CIMPA™). The application reduces the thousands of words found in financial report notes to a single, dynamic file (OferX™).

“Given the proliferation of venture-backed deals and a surging M&A market, VCs are busier than ever and on the move, working with partners around the country, analyzing and managing complex financial transactions on a daily basis,” said bpCentral founder and president, Lorenzo Carver, MS, MBA, CPA. “This new tool promises to return the customer’s investment the first time it’s used.”

Venture Capital financing transactions generally involve thousands of variables. By precisely modeling these transactions, bpCentral’s new technologies enable instant, on-demand access to information on how each investor will be affected by any potential financing or liquidity event with a single click.

A few of the first-to-market features found in CIMPA and OferX-enabled Liquid Scenarios 2007 and DownRound 2006 include:

• Dynamically generates deal pricing with just two input values
• Convertible bridge notes, anti-dilution, liquidation preferences, IRR with a click
• Workflow history shows who proposed which change to a deal or term, and when
• Copies, edits, displays and tests all deal terms from round to round
• Options plans are automatically modeled, with easy user access to assumptions
• Ability to edit and view unique characteristics of common shares, holders and consideration

About bpCentral
Based in Boulder, bpCentral, Inc. builds financial analysis software and systems that increase productivity and competitive advantage for venture capitalists and venture-backed companies. bpCentral’s core technologies include CIMPA (the Carver Import Algorithm) for importing financial reports; OferX (Open Financial Explanatory Reporting Extensibility) for understanding and interacting with financial reports; bpGrid for displaying financial data and reports; and bpSkin, which allows each application to be displayed in an attractive, user-friendly environment. For more information, visit the bpCentral Web site at:http://www.liquidscenarios.com

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Press Contacts:

Eric S. Elkins
Metzger Associates
eelkins@metzger.com
303-786-7000, x 2205

Ben Montalbano, Communications Manager
bpCentral
(303) 482-1222
PR@liquidscenarios.com