News from FTVentures, February 15, 2007

FTVentures - Capitalize on Our
Connections

FTVentures Investment Targets

Investment Focus

We are a private equity firm investing in software and business services companies.


Private Company Funding
Objectives

• Fuel rapid organic growth
• Pursue one or more
  acquisitions
• Recapitalize to optimize
  capital structure or meet
  the liquidity needs
  of shareholders
• Spin-off operations from
  a parent corporation


Investment Stage

We fund businesses at all stages of development.


Investment Commitment

$10 million to $60 million


Investment Strategy

Typically lead or control investor.


Investment Geography

We will consider investments worldwide to support the needs of our global Limited Partners.

FTVentures  Team Highlights
We would like to recognize the following individuals and congratulate them on their promotions:

Eric Byunn and Chris Winship have been named Partners. Eric joined FTVentures in 2002 bringing a wealth of experience from his years at myCFO, AOL, Netscape and McKinsey. He is currently focused on software investments and represents the firm on the boards of Cloudmark, Coremetrics, GMI, Intrepid Learning Solutions, ProfitLine and SourceCode Technology Holdings. Eric previously worked closely with the board and management team of KVS which was acquired by Veritas (NASDAQ: VRTS) in September 2004. Chris has been with FTVentures since 1999 following roles at Salomon Smith Barney and Putnam Investments. Chris is focused on business services companies and represents FTVentures on the boards of Capital H Group, CapitalStream, Freeborders and MedSynergies. Chris worked closely with the board and management team of Verus which was acquired last year by The Sage Group (LSE: SGE). Both Eric and Chris are based in San Francisco.

Boris Rapoport has been promoted to Principal. Boris joined our New York office in 2003 and is a member of the business services team. Peter Casella and Chris Tan have been promoted to Vice President. Peter joined FTVentures in 2004 in New York and Chris joined in 2003 in San Francisco. Both Peter and Chris focus primarily on business services companies.

We are also pleased to introduce three additions to the FTVentures team:

Kyle Griswold joins us as an Associate on the Business Services team in our New York office. Prior to joining FTVentures, Kyle was an M&A Analyst with Berkshire Capital Securities, focusing on transactions in the financial services sector. Kyle has a BA in Economics and Mathematics from Trinity College.

Also new to our New York office is Atish Nigam who joins us as a Software Associate. Atish most recently worked on strategic business and technology opportunities as an Associate with McKinsey & Co. Atish attended MIT where he earned a Masters in Computer Science and a BS in Computer Science with a minor in Economics.

Rounding out the team is Alice Wang who joins our San Francisco office as a Business Services Associate. Alice worked as an Investment Banking Analyst for both Morgan Stanley and JPMorgan Securities, and has experience in both specialty finance and healthcare. Like Atish, Alice is a graduate of MIT, earning a BS in Management from the Sloan School and a BS in Economics.

Investment Team

Contact Us

Please note our new addresses:

San Francisco
555 California Street
Suite 2900
San Francisco, CA 94104

Phone 415-229-3000
Fax     415-229-3005

info@ftventures.com

Media Contact:
Karen Derr Gilbert

New York
540 Madison Avenue
Suite 2600
New York, NY 10022

Phone 212-682-4800
Fax     212-682-4480

www.FTVentures.com

 


About FTVentures

FTVentures provides capital to growth companies to finance organic expansion, recapitalizations, buyouts and build-ups. We invest in software and business services companies that derive value from our unmatched Global Partner Network, which includes 38 of the world’s leading financial institutions. Our Global Partner Network provides us with a unique vantage point into the business driven IT and operating challenges of the global enterprise. Founded in 1998, FTVentures currently has $624 million under management with offices in San Francisco and New York. For more information, please visit www.ftventures.com