Horizon Technology Finance Closes $5.5 Million Venture Loan Facility to Lotame

Horizon Technology Finance Closes $5.5 Million Venture Loan Facility to Lotame

PR Newswire

FARMINGTON, Conn. and COLUMBIA, Md., March 26, 2013

FARMINGTON, Conn. and COLUMBIA, Md., March 26, 2013 /PRNewswire/ --Horizon
Technology Finance Corporation (Nasdaq: HRZN) ("Horizon"), a leading specialty
finance company that provides secured loans to venture capital and private
equity backed development-stage companies in the technology, life science,
healthcare information and services, and clean-tech industries, today
announced that it has closed a $5.5 million venture loan facility to Lotame
Solutions, Inc. ("Lotame"), the leading data management platform for
publishers, ad networks and marketers, to support the firm's continued growth.

With Horizon's financial support, Lotame plans to strengthen global
initiatives across five continents, and make key hiring decisions to expand
the sales, technology, and executive teams. These efforts are part of
Lotame's marketing strategy aimed at boosting adoption of their data
management technology platform on a worldwide scale.

"Lotame is an exciting company with a strong entrepreneurial spirit," stated
Gerald A. Michaud, President of Horizon. "As Lotame continues to meet its
strategic goals, we are pleased to provide the company with important growth
capital to accelerate the sales and marketing of its innovative data
management platform."

"We appreciate the support and confidence in Lotame shown by Horizon with its
$5.5 million venture loan facility," said Andy Monfried, Founder & CEO of
Lotame. "Horizon and its financing products came highly recommended to us,
and its experienced team delivered a financing solution that provides us with
the additional liquidity we need to execute our business plan and meet the
strong and growing demand for our data management products and services." 

About Horizon Technology Finance
Horizon Technology Finance Corporation is a business development company that
provides secured loans to development-stage companies backed by established
venture capital and private equity firms within the technology, life science,
healthcare information and services, and clean-tech industries. The investment
objective of Horizon Technology Finance is to maximize total risk-adjusted
returns by generating current income from a portfolio of directly originated
secured loans as well as capital appreciation from warrants to purchase the
equity of portfolio companies. Headquartered in Farmington, Connecticut, with
regional offices in Walnut Creek, California and Reston, Virginia, the Company
is externally managed by its investment advisor, Horizon Technology Finance
Management LLC. Horizon's common stock trades on the NASDAQ Global Select
Market under the ticker symbol, "HRZN." In addition, the Company's 7.375%
Senior Notes due 2019 trade on the New York Stock Exchange under the ticker
symbol "HTF." To learn more, please visit
www.horizontechnologyfinancecorp.com.

About Lotame
Lotame is the global leader in unifying data management, empowering innovative
publishers, networks, and brands to unlock the full value of their audience
data. Clients leverage Lotame's Unifying DMP, Crowd Control® to collect
unstructured audience data from disparate sources anywhere, and organize it
into one user friendly interface to convert that audience data into action,
insights and intelligence everywhere. With Lotame, publishers, networks and
brands can make informed decisions, build unique products and drive positive
business outcomes from their data assets. For more information, visit
www.lotame.com.

Forward-Looking Statements
Statements included herein may constitute "forward-looking statements" within
the meaning of the Private Securities Litigation Reform Act of 1995.
Statements other than statements of historical facts included in this press
release may constitute forward-looking statements and are not guarantees of
future performance, condition or results and involve a number of risks and
uncertainties. Actual results may differ materially from those in the
forward-looking statements as a result of a number of factors, including those
described from time to time in our filings with the Securities and Exchange
Commission. The Company undertakes no duty to update any forward-looking
statement made herein. All forward-looking statements speak only as of the
date of this press release.

Contact:
Horizon Technology Finance Corporation Investor Relations and Media Contacts:
Christopher M. Mathieu                 The IGB Group
Chief Financial Officer                Leon Berman / Michael Cimini
(860) 676-8653                          (212) 477-8438 / (212) 477-8261
chris@horizontechfinance.com           lberman@igbir.com /
                                        mcimini@igbir.com

SOURCE Horizon Technology Finance Corporation

Website: http://www.horizontechnologyfinancecorp.com
 
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