Abstract:
                 Mr. Cheng Wu and Mr. Ed Anderson have been both very
                 successful in the start-up/venture investment business.

                 In this seminar Ed will present what a venture
                 capitalist looks for when reviewing a business plan
                 from an entrepreneur and point out crucial elements of
                 a "good" business plan that attracts venture
		 investments.

                 Cheng will then cover the challenges facing an
                 entrepreneur in a start-up process from product
                 conception to initial team building, to execution of an
                 aggressive development schedule with limited financial
                 flexibility. He will identify common mistakes that are
                 often made by entrepreneurs with limited business
                 exposure.

                 As a bonus to this seminar we were also able to invite
                 Prof. Nan-xian Chen from Beijing University of Science
                 & Technology to share his advanced research in signal
                 processing where an innovative approach is under
                 investigation to map analog processing to digital
                 processing.

Presenter:
                 Mr. Cheng Wu
                 Mr. Wu is the Founder and CEO of ArrowPoint
                 Communications, Inc. ArrowPoint was founded on April
                 17, 1997 and is a high-tech start-up focusing on
                 developing large-scale webswitches that provide
                 Internet access to large-scale web server farms. Prior
                 to ArrowPoint Mr. Wu was a co-founder and VP of
                 Engineering of Arris Networks, Inc. He became VP of
                 Remote Access Engineering and a member of Cascade's
                 Executive Operating Committee when Cascade
		 Communications acquired Arris Networks for $143 million
 		 in May 1996. He served as VP of Engineering at Xyplex,
		 Inc. from 1991 to 1995 and Corporate Director at
		 Prime/Computervision in the 80s'. Mr. Wu holds an
		 M.S.C.S. from Indiana University and a B.S.E.E. from
		 Chiao Tung University.

                 Mr. Ed Anderson
                 Mr. Anderson is a partner at Northbridge venture
                 partners. He was one of the original investors for many
                 successful high-tech start-ups including Cascade
                 Communications, Wellfleet, SQA Systems, Cadia Networks
                 and Arris Networks.

                 Dr. Nan-xian Chen
                 Prof. Chen is currently a professor at the Department
                 of Applied Physics of the Beijing University of Science
                 & Technology. His break through work in the "magic
                 square" number theory was published in the highly
                 prestigious "Nature" journal and gave him
                 international recognition as the Chen law. In the past
                 few years Prof. Chen has made innovative inroads in the
                 domain of reverse engineering. Prof. Chen holds a Ph.D.
                 in Material Science from the University of Pennsylvania
                 and a B.A. in Physics from Peking University.

Date and Time:
-- May 24, 1997, Saturday
-- 10:00 am - 12:00 pm

Location:
-- Main Hall of the Greater Boston Chinese Cultural Association
-- (GBCCA, see directions below)

Admission Fee:
-- No charges for NECINA Members 
-- $5.00 admission fee for non-members of NECINA
-- (NECINA Membership fee is $10.00)

GBCCA Address:
-- 437 Cherry Street,  West Newton, MA.

Directions to GBCCA:
-- Take Route 128, then take Route 16 East Exit. 
-- About 2 miles, you will pass the overpass of Mass Pike.
   The first light after the overpass will be Cherry Street.
-- Turn left onto Cherry Street, immediately  turn left to
   the parking lot. GBCCA center is the 2 story brick building
   next to the parking lot.