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News and Information Article
PALO ALTO, Calif., April 3 /-FirstCall/ -- Hercules Technology
Growth Capital, Inc. (Nasdaq: HTGC), a leading specialty finance company
providing venture capital and private equity backed technology and life
science companies with debt and equity growth capital, today announced that
its Board of Directors has declared a first quarter dividend of $0.30 per
share. The dividend will be payable on May 5, 2006 to shareholders of record
as of April 10, 2006. The ex-dividend date is April 6, 2006. Specific tax
characteristics of all dividends reported will be reported to shareholders on
Form 1099 after the year ended 2006.
(Logo: http://www.newscom.com/cgi-bin/prnh/20050609/SFTH149LOGO )
About Hercules Technology Growth Capital, Inc.:
Founded in December 2003, Hercules Technology Growth Capital, Inc. is a
NASDAQ traded specialty finance company providing debt and equity growth
capital to technology-related companies at all stages of development. The
company primarily finances privately-held companies backed by leading venture
capital and private equity firms and also may finance certain publicly-traded
companies. Hercules focuses its investments in companies active in technology
and technology-related industries such as computer software and hardware,
networking systems, semiconductors, semiconductor capital equipment,
information technology infrastructure, Internet consumer and business
services, telecommunications, and life sciences. The companys investments are
originated through its principal office located in Silicon Valley, as well as
additional offices in the Boston, Boulder and Chicago areas. Providing capital
to publicly traded or privately held companies backed by leading venture
capital and private equity firms involves a high degree of credit risk and may
result in potential losses of capital.
For more information, please visit http://www.htgc.com . Companies
interested in learning more about financing opportunities should contact
info@htgc.com or call 650-289-3060.
Forward-Looking Statements:
The statements contained in this release that are not purely historical
are forward-looking statements, which involve risk and uncertainties that
could cause actual results to differ materially from those expressed in the
forward-looking statements. These statements may be identified by their use
of forward-looking terminology such as "believes," "expects," "may," "should,"
"would," "will," "intends," "plans," "estimates," "anticipates" and similar
words, and include, but are not limited to, statements regarding the
expectations, intentions or strategies of Hercules Technology Growth Capital,
Inc. For these statements, Hercules claims the protection of the safe harbor
for forward-looking statements provisions contained in the Private Securities
Litigation Reform Act of 1995. You should be aware that Hercules actual
results could differ materially from those contained in the forward-looking
statements due to a number of risks and uncertainties affecting its business.
Factors that may cause actual results to differ from forward-looking
statements include Hercules limited operating history as a business
development company, the extent to which Hercules incurs debt to fund its
investments, fluctuations in interest rates, the concentration of Hercules
investments in a limited number of emerging-growth or expansion stage
technology-related companies, the illiquid nature of the securities Hercules
holds, the highly competitive market for investment opportunities in which
Hercules operates and others discussed in Hercules filings with the
Securities and Exchange Commission. The forward-looking statements contained
in this release are made as of the date hereof, and Hercules assumes no
obligation to update the forward-looking statements for subsequent events.
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