Portfolio

Arbor Partners manages over $38 million in two funds that were invested primarily in companies based in the Midwest, with an emphasis on opportunities in information technology, communications and software.

	Description	Status
	Electronic bill presentment solutions	Acquired by CheckFree Holdings (NASDAQ CKFR) 4/28/00
	Business Process Management Software	Private Company
	eCommerce serving the commercial lighting market	Private Company
	Network management and control systems	Private Company
	Web-based applications for management of technical specifications	Private Company
	Software development tools	Acquired by StarBase Corporation "NASDAQ SBAS" 6/12/00
	e-learning solutions for the call center industry	Private Company
	Internet solution for the insurance industry	Private Company
	Factory automation and control systems	Acquired by Schneider Automation 11/22/00
	Web-based, automotive referral service	Acquired by Autobytel "NASDAQ ABTL" 4/15/04
	Hosted application service provider	IPO 4/9/99