TixNix Insider
Issue 6 - December 2004 		TixNix

In this issue:

New Venture Challenge Judge Makes Angel Investment

Collin Anderson, a respected entrepreneur in the Chicago community, has made an angel investment in TacitLogic.

After gradating from the University of Chicago Graduate School of Business with high honors in 1996, Anderson joined the fledgling consumer electronic accessory company, Digital Innovations, as its President and CEO. In this role, he grew sales from $0 to $17M within four years with less than $1M in total paid-in-capital. In 2001, Anderson left Digital Innovations to pursue interests including writing, travel, and education-related volunteer work.

Anderson was first introduced to TacitLogic as a judge in the University of Chicago GSB New Venture Challenge finals. Of the company, he states, "I believe that there is a larger opportunity for TacitLogic to provide web-based marketing solutions for attorneys. I view TixNix as an interesting entre into this opportunity."

Since May, Anderson has followed the progress of TixNix through Drew Massie, Founder and COO. He explains, "I have been impressed by the team and their ability to execute on plan. I felt that the timing was right to get involved."

In addition to his own investment, Anderson has been assisting TacitLogic with its ongoing fund raising initiatives and tapping his own network of angels, angel groups and venture capitalists. His assistance led to the angel investment by Roy Johanson (reported in the November issue of the TixNix Insider).

TacitLogic to Use Incubator Space at the University of Chicago Graduate School of Business

As one of the winners in the 2004 Edward L. Kaplan New Venture Challenge competition, TacitLogic has been offered incubator space at the University of Chicago Graduate School of Business. In 2005, Drew Massie, Founder and COO of TacitLogic, will begin holding office hours within the school's brand new Hyde Park Center.

Ellen Rudnick, Executive Director and Clinical Professor at the University of Chicago GSB Polsky Center for Entrepreneurship states, "We are pleased that TacitLogic will be a resident in our ARCH Venture Partners New Business Incubator. This will give us an opportunity to continue to work with TacitLogic and provide the company with access to students, faculty and staff resources."

Drew Massie explains, "The Hyde Park Center is state-of-the-art. I am very excited to utilize the new facility and to continue to be a part of the entrepreneurship program at the GSB."

Photo Tour of the new Hyde Park Campus

Information on the Polsky Center for Entrepreneurship

Information on the Edward Kaplan New Venture Challenge

Traffic Tickets in the News

Police Accepting Toys in Exchange for Payment of Tickets
NBC 25 - Hagerstown, MD
If you have a speeding ticket in Ranson, you may want to head to the toy store. As a part of their program "Slow Down for the Holidays", Ranson Police are dismissing speeding tickets if the drivers agree to buy a toy for a needy child. Full Article

Former Officials Cite a City Traffic Fine Quota and Ethics Problems Involving Ex-Police Chief
OregonLive.com - Portland, OR
Two former Coburg officials said Tuesday they will file a racketeering lawsuit accusing the city and its just-departed police chief of creating a traffic ticket quota system that generated "unnecessary and grossly disproportionate traffic fines". Full Article

Traffic Ticket Program Falls Flat
Springfield State Journal Register - Springfield, IL
A report on the effectiveness of a two-year pilot project aimed at preventing teenagers from hiding traffic tickets from their parents finds problems with the program, which apparently won't be revived. Full Article

About TixNix.com and TacitLogic

TixNix.com is a service of TacitLogic, Inc. TixNix allows individual lawyers and small law offices to leverage their resources to provide efficient, effective online moving violation representation to new and existing clients. TixNix is currently operating in most of Texas, with plans to expand nationwide shortly.

TacitLogic helps attorneys and law firms to adapt and thrive in an increasingly digital economy. TacitLogic's Advisor products improve the liquidity of an attorney's knowledge, strengthen client relationships, and offer new ways to create and capture value for attorneys and law offices.

Drivers:  Please visit TixNix.com to learn more about our unique service.

Attorneys:  Please contact Shawn Pabst, Director of Sales, at shawn@tixnix.com to receive a brochure & product demonstration.

Investors:  Please contact Drew Massie, Founder & COO, at drew@tixnix.com to receive a business plan & term sheet.

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