Foster City, Calif -- July 31, 2006 -- BA Venture Partners (BAVP), a venture capital partnership that provides capital and expertise to accelerate market traction for technology and healthcare companies, today announced it has expanded its investment team. Former Verisign executive Chad Kinzelberg joins the firm as a Director and will focus on software investments. Ben Fu, formerly with IMlogic, which was acquired by Symantec Corporation in February, also joins the software team. Nancy Lynch, M.D., a recent graduate of Duke UniversityÆs Fuqua School of Business and an orthopedic surgeon, joins the firm as a new Associate on the healthcare team.

"This has been a good and a busy year with a number of new investments and exits for BAVP," said Kate Mitchell, Managing Director of BAVP.É"As a result, we continue to add to the depth and capacity of our team. WeÆre delighted to welcome Chad, Ben, and Nancy to the team at a time when the industry is increasingly more active and competitive. Our portfolio companies and our team will benefit from the strong combination of operations experience, analytical skills and industry knowledge that they each bring to BAVP."

BAVP Invests Fund VII

BAVP currently is investing BAVP Fund VII, a $400 million fund. Areas of investment include semiconductors, networking and consumer electronics; internet and wireless services, and software-as-service applications; therapeutics for oncology, inflammation, neurology and dermatology; and medical devices addressing orthopedic, cardiovascular and neurological markets.

Chad Kinzelberg

Chad brings nearly 20 years of experience in the software industry to BAVP. He mostly recently was General Manager and Senior Vice President of VerisignÆs SSL business unit, where he managed the P&L and led all functional groups for the companyÆs flagship division. During his tenure from January 2004 until the present, Chad was responsible for more than doubling the unitÆs growth. In addition, he drove the growth of the divisionÆs international unit by more than 120 percent. Chad established relationships with key Fortune 500 customers, increased customer retention and satisfaction, and delivered customer-centric solutions. He also led the acquisitions of two companies to accelerate VerisignÆs expansion.

Prior to his position with Verisign, Chad was President and CEO of Santa Cruz Networks and Vice President of Marketing with Caere Corporation (now Nuance). He also held executive positions with Delrina Corporation (acquired by Symantec) and Polaris Software.

Chad holds an MBA degree from Rice University and a BA degree in Economics from Claremont McKenna College.

Ben Fu

Ben comes to BAVP following three years as a Senior Sales Engineer with IMlogic, Inc, a Waltham, MA-based security software company, recently acquired by Symantec Corp. Focusing on the companyÆs largest East Coast customers, Ben combined his technical and sales experience to help IMlogic double its sales year-over-year, and acquire more than 700 customers within three years. In addition, Ben built the companyÆs pilot sales process which was leveraged in IMlogicÆs most competitive sales situations.

Before joining IMlogic, Ben held technical sales positions with Akamai Technologies, a leader in distributed computing solutions and services, based in Cambridge, MA. During his undergraduate and graduate studies in Cambridge, Ben worked as a consultant and software developer with companies such as Zefer Corporation, InterSystems, and Frictionless Commerce.

Ben holds both an MEng and BS in Electrical Engineering and Computer Science from the Massachusetts Institute of Technology.

Nancy Lynch, M.D.

Nancy joins BAVP following the completion this year of an MBA degree with a concentration in Health Sector Management. While a student at Duke UniversityÆs Fuqua School of Business, Nancy developed and chaired a conference held in March entitled, "Addressing Diabesity®: The Role of Business in Confronting an Epidemic."

From 1996 until 2004 when she entered business school, Nancy was a practicing orthopedic hand surgeon with Orthopedic Healthcare Northwest, PC, in Eugene, OR. During that time, she completed a special fellowship in hand and microvascular surgery with the AO International Foundation in Bern, Switzerland.

A Board-certified orthopedic surgeon and fellowship-trained hand surgeon, Nancy completed her residency, serving as Chief Resident, at the Mayo Graduate School of Medicine and her fellowship at the Indiana Hand Center. She graduated from the Washington University School of Medicine. She holds a BA in Pre-professional Studies and Psychology from the University of Notre Dame.

About BA Venture Partners

BA Venture Partners (BAVP) provides capital and expertise to accelerate market traction for technology and healthcare companies. Based in Foster City, California, the BAVP team collectively offers decades of technology and venture industry experience to development- stage companies in hardware, software, biotechnology and medical devices. Representative portfolio companies include Alimera, Biz360, Frontbridge, Glu Mobile, Good Technology, Monolithic Power Systems, Omniture, Placeware, Seattle Genetics, Somaxon, Wayport and Xceive. Bank of America is BAVP's sole limited partner. For more information, visit www.baventurepartners.com.