Private Company Index Remains Strong for September and Is Up Over 50% at One Year Anniversary

CHICAGO, Oct. 16 /PRNewswire/ -- The Private Company Index (PCI) remains strong for the month of September. A mild increase of two and a half points from August places the Index at 645.5; representing a record high for the Index which celebrates its first anniversary this month. Performance is up 41.25% for 2006 YTD and flaunts an increase of over 50% since its inception. The trend continues for the PCI to outperform the Dow and NASDAQ Indexes.

Mike Faith, CEO of PCI-member firm Headsets.com, provides his thoughts on YTD performance from one company's perspective, "2006 has been a fantastic year for Headsets.com. We're coming off of five years of 50% plus growth so we decided to take the time to inject some health into our balance sheet. We started this year trying to reign in our gains, as I believe that organizations who don't take time to build a solid financial foundation can get into hot water when high growth rates are sustained over multiple years. Cash flow becomes difficult to manage and key financial indicators tend to get out of control. Although it's been harder than we imagined to slow things down, it's had the desired effect, and now we are gearing up for a strong Q1 and running full steam ahead for 2007. We expect month over month increases for at least the next 8 to 10
months."

The PCI was founded by Entrex, Inc and Private Business Channel to create a tool enabling the financial market to objectively measure private business productivity in real time. Why keep an eye on the performance of North American private companies? When that question was posed to Stephen H. Watkins, CEO of Entrex, Inc, he shares, "The PCI is a subset of companies which align across multiple regions and business sectors. Judge for yourself how the index numbers are indicative of private enterprise. With a 41+% revenue increase in 2006, that growth is five times what we see from the Dow Index and more than 16 times higher than NASDAQ. It's apparent that the potential dividends reaped from this entrepreneurial sector provide the opportunity for significantly greater returns than those realized from more traditional public sources."

About Private Company Index

The Private Company Index (www.privatecompanyindex.com) provides the financial and investment community a resource to objectively measure private business activity. The Index also allows business owners and the general public the ability to follow the trends and productivity of privately owned businesses.

The Index was created by Entrex (www.entrex.net)-the global source to find, research, track, manage and trade interests in private companies- along with the Private Business Channel (PBC) (www.privatebusinesschannel.com) an online video and television production company featuring the best-of-breed private companies on the path to open their equity to private investors.