Follow the Money.

                             Follow the Money
                    A ROUNDUP OF RECENT LOCAL FUNDINGS
Recipient                                Web           Amount
Address                                Address      (in millions)
City/Zip
Adexa Inc.                            adexa.com         $340 [1]
5933 W. Century Blvd., 12th floor
Los Angeles 90045
PCS Development Inc.              pcsproperties.com     46.1
11859 Wilshire Blvd.
Los Angeles 90025
Sierra Monolithics Inc.            monolithics.com      14.2
103 W. Torrance Blvd., Suite 102
Redondo Beach 90277
Recipient                         Type of Funding Closing
Address                                Round       Date
City/Zip
Adexa Inc.                            merger      Feb. 7
5933 W. Century Blvd., 12th floor       NA
Los Angeles 90045
PCS Development Inc.                   loan       Jan. 19
11859 Wilshire Blvd.                    NA
Los Angeles 90025
Sierra Monolithics Inc.               venture     Jan. 19
103 W. Torrance Blvd., Suite 102       first
Redondo Beach 90277
Recipient                                    Anticipated Use
Address
City/Zip
Adexa Inc.                           FreeMarkets acquires Adexa Inc.
5933 W. Century Blvd., 12th floor
Los Angeles 90045
PCS Development Inc.                  refinance and return of equity
11859 Wilshire Blvd.
Los Angeles 90025
Sierra Monolithics Inc.           infrastructure and product development
103 W. Torrance Blvd., Suite 102
Redondo Beach 90277
Recipient                               Funding Source(s)
Address
City/Zip
Adexa Inc.                               FreeMarkets Inc.
5933 W. Century Blvd., 12th floor
Los Angeles 90045
PCS Development Inc.              Teachers Insurance and Annuity
11859 Wilshire Blvd.                       Assn. (TIAA)
Los Angeles 90025
Sierra Monolithics Inc.             Storm Ventures, US Venture
103 W. Torrance Blvd., Suite 102          Partners, IBM
Redondo Beach 90277
Recipient                                 Recipient's
Address                                       Core
City/Zip                                    Business
Adexa Inc.                             commerce solutions
5933 W. Century Blvd., 12th floor        for e-business
Los Angeles 90045
PCS Development Inc.              luxury multifamily developer
11859 Wilshire Blvd.                       and owner
Los Angeles 90025
Sierra Monolithics Inc.               integrated circuits
103 W. Torrance Blvd., Suite 102          manufacturer
Redondo Beach 90277
NA - Not applicable
(1.)FreeMarkets issued a total of 17.25 million
shares and options in exchange for all of the
outstanding shares of privately held Adexa.
Source: Business Journal Research