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2014-05-21

InvestmentPitch: TrueCar Inc. (NASDAQ:TRUE), a Keating Capital Portfolio Company Lists on NASDAQ - Video News Alert on Investmentpitch.com

Vancouver, BC, May 21, 2014 - TrueCar Inc. (NASDAQ:TRUE) is one of the latest
new listings on the Nasdaq Global Select Market, and is trading under the
symbol "TRUE". The company completed an IPO of 7,775,000 common shares,
priced at $9.00, raising gross proceeds of approximately $70 million.

InvestmentPitch.com has produced a "video news alert" which provides a brief
overview of the company. If this link is not enabled, please
visitwww.InvestmentPitch.comand enter "TrueCar" in the search box.

Goldman, Sachs&Co., J. P. Morgan Securities LLC, and RBC Capital Markets LLC
acted as joint book-running managers, with Cowen&Company LLC and JMP
Securities LLC acting as co-managers for the offering.

Founded in 2005 and based in Santa Monica, California, TrueCar provides
consumers with information related to what others have paid for a make and
model of car in their area and, where available, estimated prices for that
make and model of car. This upfront pricing information generally includes
guaranteed savings off the manufactures suggested retail price, which the
consumer may then take to the dealer in the form of a Guaranteed Savings
Certificate and apply toward the purchase of the specified make and model of
car.

The company's national network of over 7,000 TrueCar Certified Dealers
consists primarily of new car franchises, representing all major makes of
cars, as well as independent dealers.

TrueCar was a portfolio company within the Keating Capital closed-end fund
(NASDAQ:KIPO), which specializes in making pre-IPO investments in emerging
growth companies, continues to hold 377,358 shares of TrueCar, which have a
value of approximately $3.4 million.

Timothy J. Keating, CEO of Keating Capital stated, "TrueCar priced their IPO
in a market environment that has been choppy for
emerging growth companies and new issuers alike. Despite these market
conditions, we believe that TrueCar has a very strong management team and a
compelling value proposition for both consumers and auto dealers. We remain
confident that the public markets will appropriately recognize TrueCar as it
executes its business plan and achieves key operating milestones over time
."

For more information, please visit the company's websitewww.truecar.com.

The company`s investor relations is handled by Margie Blackwell at Keating
Capital, who can be reached at 720-889-0133 or by email
atmb@keatinginvestments.com.

About InvestmentPitch

InvestmentPitch.com, a multimedia company that provides a combined solution
for creating and hosting financial video content, and distributing it across
multiple platforms to investors and financial professionals, specializes in
producing short three minute videos based on significant news releases and
research reports. Please visit InvestmentPitch.com and browse the extensive
library of investment videos.

CONTACT:
InvestmentPitch.com
Barry Morgan, CFO
bmorgan@investmentpitch.com

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: InvestmentPitch via Globenewswire

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