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Rockefeller Announces State To Host Technology Forum

Weirton Daily Times 02/07/02

Washington - U.S. Sen. Jay Rockefeller, D-W. Va. announced this week he will host his third West Virginia Forum on Technology and Innovation which will focus on growing West Virginia's business community through venture capital investment.

Raymond Lane, general partner of the nation's top venture capital firm Kleiner, Perkins, Caufield & Beyers will present the keynote address.  Lane is also the former president and chief operating officer of Oracle Corporation and a graduate of West Virginia University.

"Ray Lane brings home a life-time of hands one experience as an entrepreneur, Chief Operating Officer, and a venture capitalist.  The fact that he is from West Virginia allows him to look at our state with a uniquely local perspective," Rockefeller said.  "Venture capital is more than just financially supporting an idea.  It is fostering the creativity and economic development at a grass roots level."

"economic development is about taking risks and seeing through on the potential of an idea.  Supporting West Virginia's entrepreneurs gives our state the advantage of fostering untapped industries," Rockefeller added.

The West Virginia Forum on Technology and Innovation, created by Sen. Rockefeller in 2000, is a statewide initiative to promote awareness, long-term visions and strategies to allow West Virginia to meet the challenges of our technology-driven global economy.  The forum will be held on March 1 beginning at 9:30 a.m. at the University of Charleston Riggleman Hal Auditorium (main floor).