Exhibit 99.1

                       HERCULES COMMITS $22.0M TO CORNICE

         Leading Innovator of Small, High Capacity Storage Solutions for
                          Consumer Electronics Devices

Palo Alto, Calif. - Dec. 14, 2005 - Hercules Technology Growth Capital, Inc.
(NASDAQ: HTGC), a leading debt and equity growth capital provider to technology
and life science companies, today announced that it is providing $22.0 million
of structured mezzanine debt financing to Cornice, Inc., a leading innovator in
consumer storage solutions that enable a new generation of pocket-able consumer
electronic ("CE") devices.

"The CE market has experienced rapid growth as consumers are demanding more
portability and greater performance from their mobile computing devices.
Cornice's leading-edge storage solutions for these CE devices have continued to
gain acceptance in a wide variety of end product segments. By enabling greater
storage capabilities in small form factor devices like MP3 players, USB personal
storage designs and third generation HDD mobile phones, Cornice is bringing new
levels of content capacity as well as end user affordability to the
marketplace," said Ed Messman, managing director of Hercules Technology Growth
Capital. "Compelling new services for CE products are also placing additional
demands on manufacturers to increase storage capacity. Cornice's one-inch
Storage Element ("SE") provides amazing levels of capacity for this new content
with features specifically targeted at these emerging markets."

The Cornice SE is the lowest cost-to-capacity ratio of any existing storage
solution, and is an attractive alternative to expensive solid state options,
such as Flash memory. It is the result of a fundamental simplification by some
of the leading experts in the field of storage architecture. With both
simplified electronics and mechanics, the SE design is specifically focused on
portable consumer electronics.

ABOUT HERCULES TECHNOLOGY GROWTH CAPITAL

Founded in December 2003, Hercules Technology Growth Capital, Inc. is a publicly
traded specialty finance company providing debt and equity growth capital to
technology and life sciences companies at all stages of development, including
post IPO. The company primarily finances privately held companies backed by
leading venture capital and private equity firms and also may finance certain
publicly traded companies.


Hercules focuses its investments in companies active in the technology and life
sciences industries. Targeted sub-sectors may include companies characterized by
products or services that require advanced technologies, including computer
software and hardware, networking systems, semiconductors, semiconductor capital
equipment, information technology infrastructure or services, Internet consumer
and business services, telecommunications, telecommunications equipment, media;
life sciences companies include biotechnology and medical devices. The company's
investments are originated through its principal office located in the Silicon
Valley, as well as additional offices in the Boston, Boulder and Chicago areas.
Providing capital to privately held companies backed by leading venture capital
and private equity firms involves a certain degree of credit risk and may result
in potential losses.

For more information, please visit http://www.herculestech.com. Companies
interested in learning more about financing opportunities should contact
info@herculestech.com or call 650-289-3060.

ABOUT CORNICE, INC.:
Cornice Inc. is the leading innovator in consumer storage solutions that enable
a new generation of pocket-able consumer electronic devices for the world's
foremost brand-name manufacturers. The Cornice Storage Element (SE) is durable,
integrated personal storage that brings new levels of durability and content
capacity to these devices. The Cornice SE is built into a wide variety of
consumer products, including mobile phones, MP3 players, personal video
recorders, GPS devices and portable storage products. Cornice customers consist
of the world's leading consumer electronics manufacturers. Privately held,
Cornice is headquartered in Longmont, Colorado, with integration centers in Hong
Kong, Japan and Taiwan. Visit Cornice at http://www.corniceco.com.

Contact:

     Hercules Technology Growth Capital, Inc.
     Main, 650.289.3060
     info@herculestech.com
     Deborah Stapleton, 650.470.0200
     deb@stapleton.com