Fayetteville, AR --
EquityNet, LLC announced today the formal filing of incorporation papers,
capping two years of intense development of specific technologies and processes
that will enable EquityNet to provide a suite of innovative software systems to
the private-equity investment marketplace.
The business model and
technologies that underlie EquityNet were conceived by the Company's founder
and CEO, Judd Hollas. According to Mr. Hollas,
"EquityNet will provide innovative software systems to the private-equity
investment marketplace, including specialized web-based applications that allow
investors and entrepreneurs to dramatically improve the efficiency and value of
the investment process." Mr. Hollas also stated that EquityNet anticipates
the beta version of its first service, a web-based software application, to be
available by early 2007.