MEDIA ADVISORY -- Local Women's Non-Profits To Host Fifth Entrepreneurial Workshop

Next Session of the E101 Program to Cover Financial Planning


IRVINE, Calif., Nov. 10,2003 (PRIMEZONE) --


         WHAT:     The Association for Women in Technology, Southern
                   California (AWT), in conjunction with the Forum 
                   for Women Entrepreneurs of Orange County (FWE), 
                   and the Orange County Chapter of the National 
                   Association of Women Business Owners (NAWBO-OC), 
                   will host the fifth session of E101 on Thursday, 
                   November 13, 2003.  Session Five is titled
                   "Financial Planning for Your Company."  The
                   workshop will feature guest speaker Anne-Marie 
                   Vitale, a partner at PriceWaterhouseCoopers, LLC.  

                   Vitale has over 12 years of experience assisting 
                   both private and public companies ranging from 
                   newly funded entities to multinational 
                   corporations.  Many of her clients have 
                   completed private equity, public debt, initial 
                   public offerings and secondary public offerings. 
                   She also has extensive experience in providing 
                   technical advice on accounting and reporting
                   matters that impact technology companies such 
                   as revenue recognition and equity transactions, 
                   in addition to substantial experience in 
                   acquisitions and SEC reporting matters.

                   Session Five participants will learn to 
                   understand the basic financial analyses that
                   must be completed in order to determine and
                   convince others of the potential profitability 
                   of the business. Speaker topics include:

                    -- Forecasting revenues
                    -- Budgeting expenses (including taxes, 
                       insurance, bad debt, etc.)
                    -- Estimating start-up costs
                    -- Financial statements and projections
                    -- Key assumptions and sensitivity analysis
                    -- Setting financial objectives
                    -- Managing working capital
                    -- Resources-who can help

                   E101 is a series of monthly luncheon classes 
                   designed to prepare promising entrepreneurs
                   to launch and build new companies in the 
                   high-growth technology and life sciences 
                   sectors.  The program offers a structured
                   educational process for completing a business
                   plan and obtaining venture capital through 
                   two-hour workshops that provide an 
                   overview of issues relevant to building a solid
                   and successful business, as well as networking 
                   opportunities.  

                   Luncheon classes are held once a month through 
                   April of 2004 at the UCI University Club in 
                   Irvine. Attendance costs $30 for members of AWT,
                   FWE and NAWBO.  Guests pay $40.00 and students 
                   pay $20. The fee includes lunch and materials.  
                   Free parking is available. Details for this 
                   session are posted at 
                   http://www.awtsocal.org/E101-071003-
                   details.shtml. Register online at http:
                   //www.fwe.org/p/p.asp?mlid=869&eid=1118. 
                   For additional information, contact Jnana 
                   Anderson at (949) 439-1943 or jnana@fwe.org. 

          WHO:     About the Association for Women in Technology 
                   As a dynamic forum for networking and learning 
                   opportunities, AWT bridges the gap between 
                   industry, education and community institutions 
                   and continues to strengthen the fabric of our 
                   Southern California technology region.  AWT 
                   holds meetings and events every month, attracting 
                   women in every area of technology, from those 
                   just entering the field to senior level
                   management and technology innovators.  To learn
                   more about AWT, please call (949) 496-1200 and
                   visit our website at www.awtsocal.org. 

                   About the Forum for Women Entrepreneurs

                   The Forum for Women Entrepreneurs (FWE) is the 
                   premier entrepreneurial organization for women
                   and men who build and lead high-growth 
                   technology and life science companies.  
                   FWE's mission is to accelerate women's 
                   opportunities to start, build, manage and invest
                   in market-leading companies. FWE was founded in 
                   1993 and is a national non profit organization 
                   focused on technology and life science 
                   industries.  To learn more about the Orange
                   County chapter of FWE, please call (949) 439-1943
                   or visit the group's Web site at 
                   www.fwe.org/socal.

                   About the National Association of Women Business 
                   Owners, Orange County

                   With more than 165 active members, NAWBO-OC 
                   positions women business owners for profits,
                   power and the passionate pursuit of excellence. 
                   The organization provides encouragement and 
                   support,  networking opportunities, educational 
                   programs, and professional development. There 
                   are nearly 90 NAWBO chapters in the U.S., and 
                   the organization is represented in 35 countries 
                   worldwide. For information, call (714) 832-5333, 
                   or visit the Web site at www.nawbo-oc.org.

        WHEN:      Thursday, November 13, 2003
                   11:30 a.m. to 1:30 p.m.

        WHERE:     UCI University Club
                   University of California, Irvine
                   801 University Club
                   Irvine, Calif. 92697


            

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