Angel Fund FTII Returns 100 Percent of Invested Capital to Early Investors

Angel Fund FTII announces 62% gain and liquidity

As a result of gains, and liquidity, in our portfolio, we are pleased to announce that FTII has returned 100% of their invested capital to each of our early investors. Each still holds 38% of the shares they originally purchased

ParaSun was a large holding and it produced a good return

With the completion of the ParaSun sale to Uniserve, FTII had more cash than we could invest well.

We are also advocates of optimum, incremental financing strategies. This means we invest our capital at a relatively regular rate

But a big exit like ParaSun returns a lot of cash all at once.

said Peters. While we do not give tax advice, our understanding is that this is a return of capital and therefore a non-taxable event to our shareholders.

Vancouver, BC (PRWEB) November 15, 2007 -- Fundamental Technologies II (www.FundamentalTechnologiesII.com), an Angel fund based in greater Vancouver, British Columbia, announced today that it has returned all of its early investors capital.

"As a result of gains, and liquidity, in our portfolio, we are pleased to announce that FTII has returned 100% of their invested capital to each of our early investors. Each still holds 38% of the shares they originally purchased," said Basil Peters, Fund Manager and founder of Fundamental Technologies II.

The ParaSun Exit and Our Philosophy
"ParaSun was a large holding and it produced a good return," Peters said. "With the completion of the ParaSun sale to Uniserve, FTII had more cash than we could invest well."

"We are also advocates of optimum, incremental financing strategies. This means we invest our capital at a relatively regular rate," Peters added. "But a big exit like ParaSun returns a lot of cash all at once."

Returning Our Early Investors' Capital
To avoid having excess cash, and diluting our future returns, we asked all of our early investors, who invested at $10.00 per share, if they would be agreeable to receiving back all of the capital they had invested. All agreed," said Peters. While we do not give tax advice, our understanding is that this is a return of capital and therefore a non-taxable event to our shareholders."

Their Current Shareholdings
These investors all redeemed at our current NAV of $16.20 per share. Each of our original shareholders has received all of their capital back and still holds 38% of the number of shares they originally purchased.

We are pleased that our 62% gain in net asset value per share, and recent liquidity, have allowed us to provide our investors with a full return of capital in approximately two years," Peters said.

This Tech Cycle and the Current Velocity of Tech Investments
In addition, FTII's believes that the current tech market rotation is in its early stages. As the cycle gathers momentum, the directors of FTII expect to find more, high quality, larger investment opportunities. The directors of FTII expect to re-open the fund to new investors at that time.

About Fundamental Technologies II Fund
Fundamental Technologies II is an Angel fund. It is different from direct Angel investments, mutual funds, venture capital funds and other investment vehicles in three important ways: we are very active investors, we have very low costs and we limit the size of our fund to maximize returns. For more on FTII please visit: www.FundamentalTechnologiesII.com

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