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TMCNet:  Space Angels Network Announces "Founding Members" Leadership

[June 18, 2008]

Space Angels Network Announces "Founding Members" Leadership

(Marketwire Via Acquire Media NewsEdge) NEW YORK, NY, June 18 / MARKET WIRE/ --

Space Business Forum: New York -- Space Angels
Network, LLC, a national network of seed- and early-stage investors focused
on aerospace-related ventures, announced today its initial group of
"Founding Members" -- individual accredited investors with significant
experience in aerospace ventures. Founding Members include:

-- Esther Dyson of EDventure Holdings (www.edventure.com) in New York;
-- Stephen Fleming of Atlanta Technology Angels (www.angelatlanta.com) in
Georgia;
-- David S. Rose of New York Angels (www.newyorkangels.com) in New York;
and
-- Ed Tuck of Falcon Fund (www.falconfund.com) in California.


"Since our Founding Members form the core of our organization by actively
helping with strategic advice, deal flow, and membership recruitment, we
sought individuals with extensive experience in both angel investing and
also aerospace ventures," said Guillermo S?hnlein, founder and managing
director of Space Angels Network. "They play a critical leadership role in
screening deals, conducting due diligence, and negotiating terms. We value
their time and commitment, and we look forward to working with them as we
grow our community of aerospace-focused accredited investors."

Dyson is an innovation visionary who is also a long-time supporter of
"Air/Space 2.0," investing in air and space startups while also organizing
the annual "Flight School" workshop for aerospace entrepreneurs and
investors. Fleming is the Chief Commercialization Officer for Georgia Tech
(http://innovate.gatech.edu/commercial) and an active supporter of the
"alternative space" industry. Rose is currently the founder and CEO of
Angelsoft (www.angelsoft.net) and an active investor in aerospace ventures.
Tuck is a serial inventor and entrepreneur in a variety of technology and
space industries, and he is currently invested in several space and
satellite ventures.

"This is truly a much-needed step forward in the development of an
organized and vibrant community of active seed- and early-stage investors
focused on aerospace ventures," said Lon Levin, president of
SkySevenVentures and serial entrepreneur in space and new media, including
XM Satellite Radio. "Combining the expertise and firepower of these

Founding Members with the operational talents of the existing team will
further solidify Space Angels Network as the leading venue for
entrepreneurs and accredited investors to connect for aerospace
opportunities."

More information about Space Angels Network and full profiles for all of
the Founding Members can be found at
www.spaceangelsnetwork.com/foundingmembers.php.

About Space Angels Network, LLC

Space Angels Network is a professionally managed national network of seed-
and early-stage investors focused on aerospace-related ventures. The
online platform allows members to find investment opportunities, to connect
with like-minded accredited investors and aerospace industry experts across
the U.S. and Canada, and to collaborate on due diligence and deal
negotiations. Through its extended strategic relationships with venture
capital firms, federal science and technology agencies, state economic
development organizations, research universities, incentive prize
organizations, and other partners, Space Angels Network creates a robust
ecosystem for both aerospace entrepreneurs and investors to connect for
seed- and early-stage financing. For more information, please visit
www.spaceangelsnetwork.com.

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MEDIA CONTACT:
Brad Wills
Wills & Associates
(301) 346-7398bwills@wills-pr.com

Copyright ? 2008 Marketwire

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