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<SEC-DOCUMENT>0000950136-04-000921.txt : 20040330
<SEC-HEADER>0000950136-04-000921.hdr.sgml : 20040330
<ACCEPTANCE-DATETIME>20040330115111
ACCESSION NUMBER:		0000950136-04-000921
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20040329
ITEM INFORMATION:		Other events
ITEM INFORMATION:		Financial statements and exhibits
FILED AS OF DATE:		20040330

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			TECHNOLOGY INVESTMENT CAPITAL CORP
		CENTRAL INDEX KEY:			0001259429
		IRS NUMBER:				200118736
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	814-00638
		FILM NUMBER:		04698915

	BUSINESS ADDRESS:	
		STREET 1:		8 SOUND SHORE DR
		STREET 2:		SUITE 215
		CITY:			GREENWICH
		STATE:			CT
		ZIP:			06830
		BUSINESS PHONE:		2036613122
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>file001.txt
<DESCRIPTION>FORM 8-K
<TEXT>
<PAGE>





                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                       -----------------------------------

                                    FORM 8-K

                Current Report Pursuant to Section 13 or 15(d) of
                       the Securities Exchange Act of 1934

                Date of Report (Date of earliest event reported):

                                 March 29, 2004

                       TECHNOLOGY INVESTMENT CAPITAL CORP.
               (Exact name of registrant as specified in its charter)

<TABLE>
<CAPTION>
<S>                                   <C>                                  <C>

         MARYLAND                                 000-50398                               20-0118736
(State or other jurisdiction              (Commission File Number)           (I.R.S. Employer Identification No.)
of incorporation)
</TABLE>

                               8 SOUND SHORE DRIVE
                               GREENWICH, CT 06830
              (Address of principal executive offices and zip code)

       Registrant's telephone number, including area code: (203) 983-5275





<PAGE>


ITEM 5.       OTHER EVENTS.

         On March 29, 2004, Technology Investment Capital Corp. issued a press
release announcing that it has completed a $15 million senior secured loan to
MortgageIT, Inc. The text of the press release is included as an exhibit to this
Form 8-K.

ITEM 7.         FINANCIAL STATEMENTS AND EXHIBITS.

         (a)  Not applicable.

         (b)  Not applicable.

         (c)  Exhibits.


                  EXHIBIT NO.              DESCRIPTION
                  -----------              -----------

                  99.1                     Press release dated March 29, 2004










<PAGE>


                                   SIGNATURES


         Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.



Date:    March 29, 2004                     TECHNOLOGY INVESTMENT CAPITAL CORP.


                                            By: /s/ Saul B. Rosenthal
                                                -----------------------------
                                                Saul B. Rosenthal
                                                Chief Operating Officer



</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.01
<SEQUENCE>3
<FILENAME>file002.txt
<DESCRIPTION>PRESS RELEASE
<TEXT>
<PAGE>


                                                                    Exhibit 99.1

                       TECHNOLOGY INVESTMENT CAPITAL CORP.
                         8 Sound Shore Drive, Suite 255
                               Greenwich, CT 06830
                     Tel: (203) 983-5275 Fax: (203) 983-5290


                   TICC ANNOUNCES $15 MILLION TRANSACTION WITH
                                MORTGAGEIT, INC.


Greenwich, CT - March 29, 2004 - Technology Investment Capital Corp. (Nasdaq:
TICC) announced today that it has completed a $15 million senior secured loan to
MortgageIT, Inc., a full-service residential mortgage bank that originates
mortgage loans both through a network of retail and wholesale offices as well as
through the Internet.

ABOUT MORTGAGEIT, INC.
MortgageIT is a full-service residential mortgage bank offering a broad array of
home mortgage products through an extensive nationwide network of both retail
and wholesale offices as well as through MortgageIT's Internet operations and a
separate team of loan originators who work independently, outside of a
MortgageIT office. MortgageIT conducts business through its IPI Skyscraper, MIT
Lending and MortgageIT.com operations.

ABOUT TECHNOLOGY INVESTMENT CAPITAL CORP.
Technology Investment Capital Corp. is a publicly-traded business development
company principally engaged in providing capital to small to mid-size
technology-related companies. While the structures of our financings vary, we
look to invest primarily in the debt of established technology-related
businesses. Companies interested in learning more about TICC's financing
opportunities should contact Barry Osherow at (203) 661-9572 or visit our
website at www.ticc.com.

FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements subject to the inherent
uncertainties in predicting future results and conditions. Any statements that
are not statements of historical fact (including statements containing the words
"believes," "plans," "anticipates," "expects," "estimates" and similar
expressions) should also be considered to be forward-looking statements. Certain
factors could cause actual results and conditions to differ materially from
those projected in these forward-looking statements. These factors are
identified from time to time in our filings with the Securities and Exchange
Commission. We undertake no obligation to update such statements to reflect
subsequent events.


</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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