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Sutherland Represents Hercules Technology in $124.2 Million Public Offering

July 27, 2007

WASHINGTON (July 27, 2007) – Sutherland Asbill & Brennan LLP recently represented Hercules Technology Growth Capital, Inc. in connection with the public offering of 9,200,000 shares of its common stock, including full exercise of the underwriters' overall allotment, for total proceeds of $124.2 million, before the underwriting discounts and commissions and estimated offering expenses. 

Founded in December 2003, Hercules Technology Growth Capital, Inc. is a Nasdaq Global Market traded specialty finance company providing debt and equity growth capital to technology-related companies at all stages of development.

The Sutherland team representing Hercules was led by members of the firm's Securities/Corporate Governance Group, including Partner Cynthia M. Krus and Associates Blair F. Petrillo and Hannah L. Friedberg.

Inquiries related to this transaction may be directed to Cynthia M. Krus, chair of the Sutherland Securities/Corporate Governance Group at 202.383.0218 or cynthia.krus@sablaw.com.

Sutherland Asbill & Brennan LLP is a national law firm known for solving challenging business problems and resolving unique legal issues for many of the nation's largest companies.  Founded in 1924, the firm has grown to more than 450 lawyers with offices in Atlanta, Austin, Houston, New York, Tallahassee and Washington.  For further information about the firm, please visit sutherland.com.

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