FARMINGTON, CT, United States, via ETELIGIS INC., 12/16/2014 - - Horizon Technology Finance Corporation (NASDAQ: HRZN) ("Horizon"), a leading specialty finance company that provides capital in the form of secured loans to venture capital backed companies in the technology, life science, healthcare information and services, and cleantech industries, today announced that its Advisor, Horizon Technology Finance Management LLC, has hired Paul Gibson as Managing Director for the Mid-Atlantic, Southeast and Midwest technology markets. Mr. Gibson will operate from Horizons Reston, Virginia office.
Gerald A. Michaud, President, commented, "We are pleased to have further strengthened our seasoned technology team with the appointment of Paul as Managing Director. Paul brings considerable venture lending experience with a successful track record providing growth capital to developing and innovative technology companies. The technology sector continues to generate increased deal activity and we look forward to Pauls contributions, as we remain focused on capitalizing on attractive opportunities and originating high quality deals with strong returns."
Mr. Gibson has over 20 years of commercial banking experience, with the last 13 focused on technology and venture lending. As Managing Director, he will be responsible for developing and maintaining sponsor relationships and sourcing debt financing opportunities with venture-backed companies in the Mid-Atlantic, Southeast and Midwest technology markets. Previously, Mr. Gibson held the position of Senior Vice President, Regional Market Manager at Bridge Bank, where he and his team assisted a variety of growing technology and life science companies in sectors such as software, semiconductors, communications, entertainment, medical devices, security and intelligence, web services and cleantech. Prior to joining Bridge Bank, he spent nearly eight years with California State Bank and five years at Silicon Valley Bank. Mr. Gibson received his BA from Seaver College at Pepperdine University and is a member of the Board of Directors of the Florida Venture Forum.
About Horizon Technology Finance
Horizon Technology Finance Corporation is a leading specialty finance company that provides capital in the form of secured loans to venture capital backed companies in the technology, life science, healthcare information and services, and cleantech industries. The investment objective of Horizon is to maximize total returns by generating current income from a portfolio of directly originated secured loans as well as capital appreciation from warrants that it receives when making such loans. Headquartered in Farmington, Connecticut, Horizon has regional offices in Walnut Creek, California and Reston, Virginia. Horizon's common stock trades on the NASDAQ Global Select Market under the ticker symbol "HRZN". To learn more, please visit www.horizontechnologyfinancecorp.com.
Forward-Looking Statements
Statements included herein may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance, condition or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in our filings with the Securities and Exchange Commission. Horizon undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.
CONTACT:
Horizon Technology Finance
Christopher M. Mathieu
Chief Financial Officer
(860) 676-8653
chris@horizontechfinance.com
Investor Relations and Media Contacts:
The IGB Group
Matt Steinberg
(212) 477-8261
msteinberg@igbir.com
or
Leon Berman
(212) 477-8438
lberman@igbir.com
SOURCE: Horizon Technology Finance Corporation