"
The SATAI Network is a targeted economic development initiative
focused on building the regional advanced technology economy from the
ground up.

pfi auerbach

The three loan programs were developed
over the past several months as part of Gov.

Public Private Partnerships are projects in which the private sector participates in various aspects of public service delivery , infrastructure construction or support services.

beware ppp

Dickson, co-chairman of SATAI's board of directors , said,
"We are pleased that Randy will continue to apply his expertise here
in San Antonio to grow the community's biomedical sector. "We can talk with bank officials, offer
suggestions on how to facilitate partnerships and explain how to work with the
state economic development programs.

"We want to encourage banks to include state economic development programs
as part of their services to customers," said Schenck.

ip3 p3

Alex Briseno, former city manager of San
Antonio, has agreed to serve as interim president of the SATAI Network
while a management recruiting firm conducts a national search for a
permanent president and CEO. Brian Herman, vice president for research at the University of
Texas Health Science Center, said, "We are delighted that Randy will
be working with us to advance our strengths in technology
commercialization and growing our presence and impact throughout the
state of Texas.com

Citizens Job Bank began in March
2004.banking .

traditionally ppp

beware sanitation

He has
agreed to serve on the SATAI board and as a consultant to the
organization during the search for his ultimate successor. Rendell's economic
stimulus program.

Also known as P3 or Private Finance Initiatives (PFI).

townson loughborough

Briseno, who retired in 2001 after 11
years as city manager and long service with the city, is "a
distinguished, highly experienced and well known member of the San
Antonio community who commands respect across our region," Dickson
added
Dr.com,
or call 1-866-GO-NEWPA (1-866-466-3972).

ppp datafile

Business Editors/High-Tech Writers

SAN ANTONIO- ---The San Antonio
Technology Accelerator Initiative (SATAI Network) announced today that
Dr., Pennsylvania Banking Secretary
Bill Schenck said today that three new loan programs in partnership with
private banks in the Commonwealth will help grow the state's economy and
promote job creation and retention.

townson overlap

Goldsmith Will Leave SATAI CEO Post for U.T. Health Sciences Center; Former City Manager Briseno to be Interim SATAI Head

"These three programs are good
examples of ways that private sector banks can step up and offer more service
to Pennsylvania entrepreneurs and small businesses .

"These three banks should be recognized for their efforts in stepping up
to help Pennsylvania 's economic development," said Schenck.

armine datafile

Randy Goldsmith, president and CEO, is leaving to accept a newly
created position with the University of Texas Health Science Center at
San Antonio.
-- A $250 million Sovereign Bank Small Business Growth Lending Program,
introduced in January , to offer low-cost loans to small businesses
and entrepreneurs to boost job retention and creation.

pfi armine

"These programs, part of Gov.pa.

backgrounder ip3

He has done
a great job at SATAI and we wish him well in his new endeavor.SATAI-network. Governor Rendell Initiative to Grow Economy

HARRISBURG, Pa.

traditionally armine

"
There is an office for economic development within the Department of
Banking to help banks in the state find out more about economic development
programs and pursuing loan programs in partnership with the state.state.

pfi dobbin

"Likewise, I am excited about what the future holds for the University
of Texas Health Science Center at San Antonio and the opportunity to
help grow our biomedical sector. Edward G.

sanitation ip3

Now it is at a new stage in its evolution, ready to
build on the foundation we have laid in establishing SATAI as the
principal San Antonio resource for technology startups," he added."
The three new bank loan programs include:

-- A $100 million Citizens Job Bank Program to provide low-cost
financing to existing and prospective manufacturing businesses that
create new jobs in the commonwealth.

pfi partnerships

CONTACT: Carol Gifford, Pennsylvania Department of Banking,
+1-717-772-2318.

utt scam

His skills fit uniquely with our economic development
plans for the Health Science Center.

PA Banking Department Encourages Bank Private Sector Loan Programs for Economic Development

"
To find out about the department's office of economic development , visit
the Banking Department web site at http://www.

ip3 auerbach

SATAI plays a key role in fostering and implementing
initiatives to further the entrepreneurial environment and
opportunities produced by a tech economy .

traditionally jargon

John B.

overlap dobbin

-- A $100 million PNC Pennsylvania Working Capital Growth Fund Program,
introduced in July, to offer revolving lines of credit to small
businesses.

dobbin pfi

For more information on the three private sector bank loan partnership
programs, part of the governor 's economic stimulus programs through the
Department of Community and Economic Development, visit http://www.

sanitation beware

"Defining and offering
access to state loan programs is a valuable service for both the commonwealth
and for banks.us.

ip3 pfis

Rendell's economic stimulus program, are
partnerships between the public and private sector to encourage economic
development in the commonwealth," said Schenck.

participates dobbin

"
"My abilities and passion revolve around building organizations,"
said Goldsmith. For more information on the San
Antonio Technology Accelerator Initiative, visit
www. "We want to
encourage other banks to consider working with the state to offer new loan
programs for our citizens.newPA.

beware pfis

Goldsmith , who took over leadership of SATAI in late
2002, will assume responsibilities as UTHSC's assistant vice president
of technology transfer and economic development on June 1, 2005."
Dickson said that Dr. "I am very pleased with what we have achieved with the
SATAI Network. Engaged across six primary
clusters of activity, the SATAI Network is funded by the City of San
Antonio, the University of Texas at San Antonio, and a number of
companies and other institutions.
"Banks in small areas are the economic development engines in their
communities," said Schenck.