Follow the Money.

                             Follow the Money
                    A ROUNDUP OF RECENT LOCAL FUNDINGS
Recipient                                  Web           Amount
Address                                  Address      (in millions)
City/Zip
MEMGen Corp.                           memgen.com         $11.3
438 Amapola Ave., Suite 200
Torrance 90501
X-Laboratories                      xlaboratories.com      1.5
11755 Wilshire Blvd., 12th Floor
Los Angeles 90025
Americorp Funding                         none             WND [*]
11900 West Olympic Blvd., Suite 550
Los Angeles 90064
Recipient                           Type of Funding Closing
Address                                  Round       Date
City/Zip
MEMGen Corp.                            venture     Feb. 2
438 Amapola Ave., Suite 200              first
Torrance 90501
X-Laboratories                          venture     Dec. 11
11755 Wilshire Blvd., 12th Floor         seed
Los Angeles 90025
Americorp Funding                     acquisiton    Jan. 5
11900 West Olympic Blvd., Suite 550       NA
Los Angeles 90064
Recipient                                       Anticipated Use
Address
City/Zip
MEMGen Corp.                                  product development
438 Amapola Ave., Suite 200                     and operations
Torrance 90501
X-Laboratories                             research and development,
11755 Wilshire Blvd., 12th Floor                working capital
Los Angeles 90025
Americorp Funding                    Prism Mortgage Co. acquires Americorp
11900 West Olympic Blvd., Suite 550    funding in full cash transaction.
Los Angeles 90064                   Americorp will operate as a division of
                                                Prism Mortgage.
Recipient                                      Funding Source(s)
Address
City/Zip
MEMGen Corp.                           Dynafund Ventures, Draper Fisher
438 Amapola Ave., Suite 200         Jervenson, Chevron Technology Ventures,
Torrance 90501                          Zone Ventures, Atherton Venture
                                                   Partners
X-Laboratories                           Arcturus Venture Capital and
11755 Wilshire Blvd., 12th Floor        independent European investors
Los Angeles 90025
Americorp Funding                               Prism Financial
11900 West Olympic Blvd., Suite 550
Los Angeles 90064
Recipient                                   Recipient's
Address                                        Core
City/Zip                                     Business
MEMGen Corp.                        MEMS (microelectromechani-
438 Amapola Ave., Suite 200         cal systems) manufacturing
Torrance 90501                              technology
X-Laboratories                          technology operator
11755 Wilshire Blvd., 12th Floor
Los Angeles 90025
Americorp Funding                   residential mortgage lender
11900 West Olympic Blvd., Suite 550
Los Angeles 90064
NA-Not applicable
WND-Would not disclose
(*.)all cash
Source: Business Journal Research