New York, March 22, 2006 - Vertical Technology, Inc. today announced the launch of the New York Investment Network, its website that matches New York based entrepreneurs seeking capital with angel investors. The online matching service is the first of its kind for New York and surrounding states.

The New York Investment Network, found on the web at www.NewYorkInvestmentNetwork.com, allows angel investors (wealthy individuals who invest their personal funds into early-stage firms) to register online free of charge to review investment proposals from New York entrepreneurs. The service enables entrepreneurs to submit their investment proposals free of charge. Only when a match is made with a suitable investor, are the entrepreneurs required to pay a one-time fee of $199 and subsequent matches are free for one year!

The New York Investment Network was created to fill the needs of investment matching in the northeastern states marketplace. The network's principals have a diverse range of experience specializing in business acquisitions, government and information technology.

"As an entrepreneur, I recognized a need to create a forum to bring entrepreneurs and angel investors together for the benefit of both parties," said Arie Seidler, Managing Director of the New York Investment Network. "The website is a user-friendly and effective tool to either find money for your business or find an investment that suits your needs."

American angel investors invest more than $20 billion into small businesses annually. Even with this amount being invested, a common complaint by investors is that they cannot source enough opportunities. With current down turns in the stock markets, investors are becoming more concerned with where to put their hard earned money.

Entrepreneurs are voicing similar frustrations. There are over 24 million small and medium sized businesses in the US and banks are not nearly as open as they were a few years ago to financing these companies.

"This leaves a huge void in small business financing that the New York Investment Network can help fill," added Seidler.

About New York Investment Network

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The New York Investment Network is an online matching service connecting entrepreneurs seeking capital with angel investors. It is owned by California Investment Network Inc.. The New York Investment Network is the first of its kind in the north eastern states to offer this format of matching. For more information go to www.NewYorkInvestmentNetwork.com.

For further information: Media Contact: Arie Seidler, Managing Director, New York InvestmentNetwork , admin@newyorkinvestmentnetwork.com