July 12, 2011 –
Greenwood Village, CO

KEATING CAPITAL CLOSES $86.8 MILLION PUBLIC OFFERING

GREENWOOD VILLAGE, July 12, 2011 – Keating Capital, Inc. a dedicated pre-IPO fund formed in 2008, announced today that it concluded its public offering on June 30, 2011, raising aggregate gross proceeds of $86,800,000. The final closing of escrowed funds from subscribing investors occurred on July 11, 2011. A total of 8,713,659 shares of common stock were sold in the public offering at an average price of $9.96 per share, before dealer manager fees and commissions.

The public offering was a continuous public offering which was initially declared effective by the SEC on June 11, 2009, with the first closing held on January 11, 2010. Andrews Securities, LLC, a Denver-based broker-dealer, served as the managing dealer of the public offering, with a selling group of over 50 independent broker-dealers. ...read more

“Working with Keating Capital and their extraordinary staff to support the formation of this very unique mutual fund was an exciting experience for DMX.” stated Jim Kennel, president of DMX Direct. “Producing the highly detailed legal documents and marketing materials to complement Keating’s time critical fund introduction was a wonderful opportunity for us to show our mettle!”

About Keating Capital, Inc.

Keating Capital is a business development company that specializes in making pre-IPO investments in innovative, high growth private companies that are committed to and capable of becoming public. Keating Capital provides individual investors with the ability to participate in a unique fund that invests in a private company's late stage, pre-IPO financing round — an opportunity that has historically been reserved for institutional investors.

About DMX Direct, Inc.

Direct Marketing Excellence, dba DMX Direct, Inc. (DMX), is a single, accountable source for traditional and advanced direct marketing, fulfillment and production services. Based in Centennial, Colorado, DMX has built its reputation since 1991 by servicing both national and regional clients, and meeting the high standards of regulated industries, as well as consumer and business-to-business organizations.

DMX combines best-in-class technologies and a staff of highly experienced professionals to provide end-to-end execution of integrated multi-channel marketing and communication programs and campaigns.

Its commitment is to integrate with its clients' marketing and operations team, helping make informed decisions specific to the client’s business objectives, setting high standards for its services and focusing on responding to client needs with flexibility, timeliness and integrity. Proprietary technology and services include; DataBert®, ClickQuery®, DMX-OMF^SM, CMMS^SM, iPURL^SM, eReferral^SM, Extreme QC^SM, and DMX Advisornet^TM