ANZA Technology Network and Southern Cross Venture Partners Announce Platinum Partnership

Agreement to Benefit Down Under Innovative Tech Companies Looking to Enter Lucrative US Market.

San Francisco, CA, March 22, 2008 --(PR.com)-- ANZA Technology Network, the leading independent organization connecting the Australian, New Zealand and US innovative technology sectors, has formed a strategic alliance with Southern Cross Venture Partners, a leading early-stage venture capital firm focused on Australian and New Zealand startups.

The first phase of this exclusive Platinum Partnership agreement was a “Success in the US” tour of major Australian and New Zealand cities earlier this month. More than 500 CEOs, senior executives and entrepreneurs participated in lively Q&A sessions about taking their businesses global – through US channels – led by ANZA and Southern Cross Venture Partner representatives.

“It’s very exciting to have Southern Cross as a Platinum Partner. There is strong alignment in our missions and the talent and resources Southern Cross brings to ANZA’s programs makes the Australian and New Zealand entrepreneur the winner. This is a great partnership for everyone.,” said Viki Forrest, the Aussie-born CEO of ANZA Technology Network, who runs the organization from Silicon Valley.

ANZA is well known for its US market exploration, entry and expansion programs that work with CEOs, senior executives and entrepreneurs from Australian and New Zealand startups and growing companies with global potential. Hundreds of companies have participated in ANZA programs since the organization’s inception in 2001.

Southern Cross Venture Partners focuses on Australian and New Zealand startups, with offices in Sydney and Silicon Valley. It closed an AUD$170m (US$150m) fund in mid-2007, and is committed to work with top-tier US venture funds to help Australia and New Zealand’s world-class startups access the US and global markets for growth, follow-on funding and exit.

“We are pleased to be supporting the efforts of ANZA to help encourage Australian and New Zealand startups in their efforts to expand into the US and global markets” said John Scull, Managing Director of Southern Cross Venture Partners. “With offices in both Silicon Valley and Australia, we are in a unique position to truly help Australian/New Zealand startups grow their businesses into the US market, by supplying capital, hands-on operations and domain expertise, and our network which includes access to follow-on funding with top-tier US venture investors.”

For more information:
ANZA Technology Network: www.anzatechnet.com
Southern Cross Venture Partners: http://sxvp.com

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ANZA Technology Network is the leading independent organization connecting the Australian, New Zealand and US innovative technology sectors. Through its Gateway and Fast Track to the US programs ANZA has assisted hundreds of Australian and New Zealand companies as they enter the US market—more than any other non-government organization. Southern Cross Venture Partners was launched in 2006 by veteran venture capitalists who have managed and operated companies themselves. Southern Cross assists early-stage technology companies that demonstrate the potential for exceptional growth and market leadership build significant businesses. Southern Cross Venture Partners has offices in Australia and Silicon Valley, California.
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ANZA Technology Network
Kathy Drasky
415-606-2085
www.anzatechnet.com/
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