April 8, 1999 FOURTEEN HILL CAPITAL, L.P. --------------------------- ANNOUNCES FIRST QUARTER FINANCINGS ----------------------------------- SAN FRANCISCO-(April 8, 1999) Fourteen Hill Capital, L.P., a majority owned affiliate of Point West Capital Corporation (which trades on NASDAQ under the symbol PWCC) today announced that, during the first quarter of 1999, it closed two financings. Fourteen Hill purchased in a private placement $500,000 of common stock of Homeseekers.com, Inc. (HMSK). In connection with a $250,000 loan previously made to HMSK, Fourteen Hill also received from HMSK a warrant to purchase 50,000 shares of common stock of HMSK at $2 15/32 per share. HMSK (www.homeseekers.com) is a leading provider of online residential real estate listing information for use by home buyers, real estate agents, mortgage and title insurance companies and others. The Company's website currently has approximately 680,000 residential real estate listings. HMSK trades on the OTC bulletin board under the symbol HMSK. Fourteen Hill also purchased $1,000,000 of common stock and warrants in a private placement by DBS Industries, Inc. (DBSS). DBSS is designing and developing an automated meter reading service utilizing low earth orbiting ("LEO") satellites. LEO satellites orbit the earth at regular intervals and, with DBSS's technology, are capable of collecting data from energy meters in many hard-to-access locations around the globe. Collected data are downloaded to earth stations and then distributed via the Internet. This process results in a substantial reduction in the costs of retrieving such information. DBSS trades on the OTC bulletin board under the symbol DBSS. Fourteen Hill is a Small Business Investment Company licensed by the Small Business Administration. Fourteen Hill provides capital to small businesses (generally businesses whose tangible net worth does not exceed $18 million and whose average net income during the preceding two years did not exceed $6 million) whose primary businesses are located in the United States. Additional information about Fourteen Hill Capital is available on the company's Web site, http://www.fourteenhill.com, or by calling 415-394-9467. (KEYWORD CALIFORNIA AND INDUSTRY KEYWORD: Venture Capital, Internet). CONTACTS: FOURTEEN HILL CAPITAL, SAN FRANCISCO. CHRIS RODSKOG, 415/394-9467 cpr@pointwestcapital.com