Mr Rudolf Franz, Member of the Board,
3i Deutschland

Rudolf P. Franz is a member of the board of 3i Deutschland GmbH and is responsible for Bavaria and Austria. In 1995 Rudolf P. Franz joined Technologieholding. He worked as Investment Manager focussed on Information and Communication Technology. Two years later, he became Equity Partner and was responsible for the investment team in the Munich office. In the beginning of 2000, the 4 partners sold Technologieholding to 3i Group plc. Prior to his activities for Technologieholding, Rudolf P. Franz was Portfolio Manager for new technology investments at Zeppelin Holding GmbH. Rudolf P. Franz holds a master degree in industrial engineering and started his career as trainee in the marketing and sales department at Orenstein&Koppel AG, an international construction machinery producer. After an international trainee program in Europe and in the US he worked as an assistant to the board of directors. He was in charge of strategic projects in the marketing and sales organisation of Orenstein&Koppel AG.

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Rudolf Franz

Mr Thomas Krüger, Managing Partner,
AdAstra Erste Beteiligungs GmbH

Thomas Krüger is Managing Partner of AdAstra Erste Beteiligungs GmbH, Munich. His former responsibilities include Head of Private Equity at HypoVereinsbank, Germany’s second largest Bank, and various positions in Mergers & Acquisitions at HypoVereinsbank, Deutsche Bank and Gleacher & Co, the US M&A Boutique, both in Germany and the US. He started his career in Citibank’s multinational customer group. Mr. Krüger holds a degree in business from Stuttgart’s Berufsakademie Staatliche Studienakademie.

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Thomas Krüger

Christian Reitberger, Assistant Director,
Apax Partners

Christian Reitberger holds a PhD in Physics obtained sub auspiciis prasidentis from the University of Vienna. After having worked in various research functions he joined McKinsey & Company where he specialized in serving fast growing high technology clients in the fields of telecommunications, digital media and biotechnology in their start-up phases. Christian was instrumental in building McKinsey New Venture, the consulting offering targeted towards high growth companies and their investors. He left as a Senior Engagement Manager after four and a half years to join Apax Partners in October 1999 as an Assistant Director in our Munich office. Christian is responsible for Internet and e-Commerce related investments and is member of our telecommunications group.

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Christian Reitberger

Werner Dreesbach, Senior Principal,
Atlas Venture

Werner Dreesbach joined Atlas Venture in 1998. Previously he was VP of Corporate Strategies at Viasoft, a position he assumed following Viasoft’s 1996 acquisition of R&O Software-Technik GmbH. As CEO of R&O, Werner built the company up over a period of eleven years into a leading international provider of enterprise repository solutions. After graduating with a degree in computer science from the University of Bonn, he spent his early career in IT consulting working for clients in the banking, insurance, pharmaceutical and transportation sectors. Werner represents Atlas on the Boards of Cassiopeia, Censio, Datango, Dock 11, Flatfox, GoIndustry, Hyperwave and Klotz Digital.

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Werner Dreesbach

Ulrich Geilinger, Private Equity Investment Advisor,
Bank Vontobel

Dr. Ulrich Geilinger (45), Private Equity Investment Advisor at Bank Vontobel AG, Zurich. Before joining Vontobel, he was a Partner at Apax Partners & Co., a private equity firm with offices throughout Europe. Previously he was a Member of Senior Management at Credit Suisse, responsible for buyout and private equity fund investments. He started his career in private equity in 1987 as a Partner of Innoventure. He is on the Board of Directors of several companies including CanalWeb, Floware Wireless and Ivoclar Vivadent. Additionally, he is a Board Member of the European Venture Capital Association. Mr. Geilinger holds a M.Sc. in natural sciences as well as a degree in industrial engineering and a Ph.D. in technical sciences from the Swiss Federal Institute of Technology, Zurich.

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Ulrich Geilinger

Prof. Dr. Horst Domdey, CEO,
Bio-M AG
As well as holding the position of Managing Director & CEO at Bio-M AG, Prof. Dr. Horst Domdey is also Managing Director of the Innovation Centre for Biotechnology (IZB), Chairman of the Munich BioRegio Initiative and Co-founder of MediGene AG and Switch Biotech AG. He has vast experience in the field of Biochemistry having been a Postdoctoral fellow at numerous institutes including Max-Planck-Institut fur Biochemie, the Swiss Institute for Experimental Cancer Research (ISREC), University of California and the California Institute of Technology. Further to this, he was Associate Professor for Biochemistry at the Ludwig-Maximilians-Universitat Munchen for 4 years.I
nc.

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Horst Domdey

Franc Gregori, Head of Pharamaceutical, Healthcare and Biotech Research,
BNP Paribas
Originally qualified as a pharmacist, Franc has studied in both the UK and the US, obtaining an MBA and Diploma in Marketing. He worked in the drug industry, with Boots in the UK, Eli Lilly and Pfizer, in a number of roles ranging from Sales Representative to Senior Product Manager responsible for new product launches. Franc moved into Investment Banking in 1989 working for Robert Fleming, Paribas and then BZW. He returned to BNP Paribas in 1998. Franc has been involved in a number of placements, both primary and secondary, ranging from the Wellcome flotation to a number of Biotech deals. He is currently responsible for Pharmaceutical, MedTech and BioTech research within the enlarged BNP Paribas organisation.I
nc.

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Franc Gregori

Dr. Holger Frommann, Managing Director,
BVK
Dr. Holger Frommann is the Managing Director of the Bundesverband Deutscher Kapitalbeteiligungsgesellschaften ­ German Venture Capital Association (BVK), Berlin. Prior to this he was involved in the field of science and research and taught at the University of Halle/Saale until 1990. His wide experience and knowledge of the German Venture Capital / Private Equity market has enabled him to contribute to various articles and books.

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Holger Frommann

Jacques Garaïalde, Managing Director,
Carlyle Internet Partners Europe

Before joining Carlyle in 2000, Jacques Garaïalde was a Senior Vice President at the Boston Consulting Group (BCG) and the Managing Partner of the Paris and Brussels offices. He started the Brussels office in 1992. From 1995 to 2000, these two offices tripled in size. During his eighteen years with BCG, Jacques Garaialde covered the high-tech, telecom and energy sectors on issues of strategy, corporate development and organization. Prior to BCG, he worked two years with Exxon. Jacques Garaïalde received his MBA in 1982 from INSEAD, Fontainebleau, and graduated in 1979 from Ecole Polytechnique, Paris. He speaks French, English and Spanish.

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Jacques Garaïalde

Sabine Ahlers, CFO,
DEWB AG

Sabine Ahlers has been CFO of DEWB AG since 1st December 2000 and is responsible for all their capital market projects (DEWB is a listed subsidiary company of Jenoptik AG). Prior to this, she spent nearly 5 years in the Investor Relations dept at Daimler-Benz AG in Stuttgart before becoming Director of Investor Relations at Jenoptik AG. Sabine Ahlers followed an internationally-based course in Business Management at the European Business School, graduating with a degree in Business. During this time, she gained practical experience of various business techniques both within Germany and abroad. She had previously trained at Siemens AG studying industrial business where she also gained her first career experience.

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Sabine Ahlers

Esther Dyson, Chairman,
EDventure Holdings

Esther Dyson has devoted her life to discovering the inevitable and promoting the possible. As an investor/commentator, she focuses on emerging technologies (the Internet, wireless applications, artificial intelligence, exception-handling), emerging markets (Eastern Europe) and emerging companies (Aurigin, The Brain, Orchestream, TrustWorks, LivePerson, BrunswickDirect, NewspaperDirect, IBS of Russia, Rambler Group, Talus Solutions, Sourceree and others you will someday hear of). In 1994, she was one of the first to explore the impact of the Net on intellectual property (among other things, why Bill Gates now plans to offer software as an online service). In 1997, she wrote a book on the impact of the Net on individuals’ lives, “Release 2.0: A design for living in the digital age.”

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Esther Dyson

Karl Heinz Stangner, CEO,
Ernst & Young AG

Karl-Heinz Stangner is a Certified Public Accountant (Wirtschaftsprüfer) and Certified Tax Advisor (Steuerberater). He has more than 25 years experience in serving national and international companies in the industries TCE-Technologie Products, TCE-Media & Entertainment Products and Financial Institutions. He is the Partner-in-Charge of Corporate Finance, Munich office, with a focus on Capital Markets Advisory Services including primarily IPO/Going Public advisory and strategy in national and international markets/Stock exchanges.

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Karl Heinz Stangner

Falk Strascheg, Founder,
Extorel

Falk F. Strascheg (60) is an electronic engineer and experienced entrepreneur. He is active for Extorel, one of the leading German Venture Capital Fund of Fund corporations which he founded in 1998. In 1987, he established Technologieholding, grew it to the leading German Venture Capital company and sold it in 2000 to 3i.

Earlier, in 1971, he launched Laser-Optronic in Munich. In less than ten years, the enterprise became one of the leading European producers of laser systems, with branches in Brussels, Milan and Paris. In 1981, Falk Strascheg sold his enterprise to Coherent Inc. of Palo Alto, California, the world leader in laser manufacturing.

Falk Strascheg began his professional career at NCR Augsburg. There, as division manager, he headed quality control and technology transfer between the American parent company and NCR Germany.

Falk Strascheg was elected president of the European Venture Capital Association (EVCA) for the fiscal year 1997/98. He is also currently on supervisory, advisory and governing boards at various German and foreign high-tech enterprises.

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Emre Yigit, Executive Vice President,
FinansInvest

In 1991-1994, Mr Emre Yigit created the research department at Global Securities in Istanbul. Subsequently, he worked in London for UBS and UBS Warburg as the senior Turkish analyst. In July 2000, he joined FinansInvest as the head of research. Mr Yigit has also assisted in the drafting of capital markets legislation in Turkey. He graduated from Oxford University with a degree in Philosophy, Politics, and Economics.

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Emre Yigit

Curt Winnen, CEO,
FNT

In 1982 Curt Winnen established himself as a lawyer, specialising in Forensic Civil Law for investors damaged in the grey money market. From 1985 to May 1996 he was the Executive Partner in a family business with 700 employees in Europe and Africa. Since May 1996 he has been active in areas of industrial and trade associations. He took over the executive position in FNT and in 1999 became co-founder of the Munich Business Angel Network.

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Curt Winnen

Toon den Heijer, Executive Director,
Gilde Investment Management
Toon den Heijer obtained a degree in electronics at the Haarlem Poly Technical College in 1976 and subsequently obtained a Masters degree in Business Administration at the Twente Technical University in 1982. During his studies he started SDH, an agency specialized in application software. Prior to joining Gilde, Toon worked 3 years as Investment Manager at MIP Equity Fund (MIP). Before MIP, he worked 4 years for ASEA Robotics in a number of functions. Toon is Board Member in a number of portfolio companies e.g. Customer Dialogue Services (Belgium), Data Distilleries (Netherlands), Gizmoz (USA), Greenfingers (UK), Ilse Media Group (Netherlands), LeatherXchange (Spain), LetsBuyIt (Sweden) and SmartBunkers (Netherlands).

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Toon den Heijer

Dr. Eli Opper, Venture Partner,
Giza Venture Capital

Dr. Opper joined Giza in 2000 after a twenty seven-year career at Rafael, Israel's leading armaments corporation and authority on military research and development. In the last decade, he held the positions of Chief of Staff, VP of R&D, VP of Advanced Topics, and General Manager of the Electronic Systems Division. Dr. Opper served as a member of numerous professional committees, published papers, and was a lecturer in the areas of computers, R&D, and management at academic institutions and professional seminars. He has served as a director and chairman of high tech companies and as a member of the boards of public organizations. Dr. Opper held a research degree equivalent to Professor and holds B.Sc. and M.Sc. degrees in Electrical Engineering, from the Technion – Israel Institute of Technology in Haifa, as well as a PhD degree in Computer Engineering from the University of Texas at Austin.

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Dr Eli Opper

Connie Lindgreen, Vice President, NetGen Business EMEA
IBM Corporation
Connie Lindgreen’s extensive executive and managerial experience within IBM encompasses both widespread industry-specific knowledge -Telecommunications, Travel and Transportation, Insurance - and a broad range of disciplines - sales, manufacturing, and product marketing. As a US-national who has worked in London and Copenhagen for the last 11 years in European and Worldwide positions, Connie’s ability to bridge cultures, significant cross-cultural negotiation and communication skills have been demonstrated in her effective leadership and general management for worldwide teams ranging in size from 85 to 1,000 employees. She is articulate in both US and UK English, reasonably fluent in Danish, and competent in French and culturally comfortable in all geographies. Her record demonstrates consistent overachievement of all assigned goals and the ability to identify early and respond quickly to market trends, while building executive depth in her teams.

2000: VP, Innovations and Offerings, NetGeneration Business, Europe/Middle East/Africa
1998 - 2000: Vice President, Global E-commerce Solution Sales
1992 -1998: Director, Software Distribution and Fulfilment, Europe/Latin America.
1989 - 1992: Director, International Air Transport Marketing
1990 -1992: Director, Communications Industry Marketing Programs
1968 - 1990: positions in IBM product management and marketing, planning, and a variety of sales and technical positions.

Board Memberships
Board Member, American Chamber of Commerce in Denmark Advisory Board, Copenhagen Capacity Advisory Board, Invest in Denmark Fulbright Commission

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Connie Lindgreen

Dr. Matthias Allgaier, Managing Director,
Internet Capital Group
Matthias is a Managing Director of Internet Capital Group’s European operation focusing on investments. Prior to setting up ICG¹s European operations in 1999, Matthias spent three years with Apax Partners, where he headed the software and services divisions of their Information Technology group and was responsible for generating and executing deals as well as working with portfolio companies as a member of their board of directors. Prior to Apax, Matthias was associated with Broadview International and General Atlantic Partners. At General Atlantic, Matthias executed a number of transactions across Europe.

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Dr Matthias Allgaier

Mr Jonathan Medved, General Partner & Founder,
Israel Seed Partners

Jonathan Medved is the Co-Founder and Managing Partner of Israel Seed Partners, one of Israel’s leading VC Funds. He was a Founder Executive Vice President of Marketing at MERET Optical Communications, Inc. (Santa Monica, CA) between 1982-1990. MERET, a pioneer in fiber optic transmission systems for video, was acquired by Amoco Corporation in 1990. Mr. Medved then came to Israel and became active in venture capital investments such as Ligature (acquired by Wizcom) and Accent Software. At Accent (Nasdaq: ACNT) Mr. Medved was part of the founding management team and served as Executive Vice President of Marketing between 1992-1994. Mr. Medved currently serves on the Board of Directors of Compugen, Business Layers, Ness Technologies, Menta, Earthnoise and Native Networks.

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Jonathan Medved

Stan Yakatan, Chairman,
Katan Associates

Mr Stan Yakatan has founded and co-founded nine companies; served as Chairman, CEO or President of seven companies; raised in excess of $200 million through both public and private financing; and currently serves on a number of corporate boards. Mr Yakatan has served in senior management positions with New England Nuclear (a Division of E.I. Dupont) and ICN Pharmaceuticals where he was responsible for strategy related to their biotechnology business areas as well as having full profit and loss responsibility. He has also completed numerous acquisitions and licensing deals in the biopharmaceutical marketplace.

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Stan Yakatan

Dr Christian Zschocke, Managing Partner,
Morgan Lewis & Bockius

Christian Zschocke is the Managing Partner of the Frankfurt office. His practice concentrates on mergers and acquisitions, as well as on EU and German antitrust law. He has been the external adviser to the German Takeover Commission for several years. Dr. Zschocke is a regular speaker at seminars, and an author of numerous publications on corporate and antitrust law, including a commentary on the German Takeover Code. Dr. Zschocke, a German national, has been a member of the Cologne Bar since 1990. In addition to earning a doctorate in law from Hamburg University, he is qualified as a Licenciado en derecho under Spanish law.

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Christian Zschocke

Dr. Thomas Henkel, Head of Research,
Medigene AG

Dr. Thomas Henkel has been Head of Research at MediGene AG since January 2000. From 1995 until 2000 he was Director of the company’s Molecular Cardiology Program. Prior to joining MediGene he worked for the U.S. biotechnology company Tularik Inc., San Francisco. Dr. Henkel studied Biology and Biochemistry in Göttingen, Jerusalem, San Diego and Munich, from where he received his Ph.D. He has co-authored 16 publications and 13 patents. Dr. Henkel is married and has a son.

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Dr Thomas Henkel

Mr Peter Friedli, President & CEO,
New Venturetec

Peter Friedli has been the Principal of Friedli Corporate Finance since its inception in 1986. He worked in the field of international management consulting for service and industrial companies in Europe and the United States from 1978 to 1986. Friedli has over a decade of entrepreneurial experience as an independent investment manager for Venture Capital. He has held an interest in more than 120 venture companies and has been instrumental in successfully setting-up and supporting the growth of numerous High-Tech companies in the United States. Peter Friedli is actively involved in the management of several private and public companies. He is President and Investment Manager of New Venturetec, a Swiss publicly-traded investment company which invests in well-selected US venture companies in the areas of Biotechnology, Communications, Technology and Internet.

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Martti Malka, Partner,
Nokia Venture Partners

Martti has more than 15 years experience working in the telecommunications industry. Prior to starting the Nokia Venture Fund’s European office in London, Martti was the Managing Director of Nokia Mobile Phones in Australia. Before then Martti was in charge of Business Development and M&A in the Nokia Corporate Head Office in Helsinki. During his long tenure with the Nokia Group Martti has also held several Sales & Marketing management roles in the Nokia Networks business unit. Martti holds a M.Sc. in Telecommunications from Helsinki University of Technology and an MBA from IMD of Lausanne, Switzerland. Martti serves on the Board of Directors of 12Snap and Intelligame.

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Martti Malka

Dr Jürg Meier, Executive Director,
Novartis Venture Fund

Since 1998 Juerg Meier, Dr. sc.techn.ETH, is the Executive Director of the Novartis Venture Fund. Previously, he worked for over 25 years in various international functions for Sandoz Pharma Ltd.: as Head Research & Development of Biochemie Ges.m.b.H. in Austria; Head of Research & Development in the US, Head of Research & Development Sandoz Pharma worldwide and President of Sandoz Pharma Japan.

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Dr Jürg Meier

Oliver Novick, Partner,
Pino Venture Partners

Oliver Novick started his career in 1969 with General Telephone & Electronics in New York and served in various capacities in Europe, based in Milan. From 1984 to 1989, he was Group Vice President of Corporate Development of Olivetti; in this period he and his team concluded more than 50 investments in Europe and North America in large and medium size companies and start-up companies, representing total investments of over US $600 million. He was also responsible for the Group’s venture capital activities in the US and Europe. From 1989 to 1994, he was Group Vice President for Strategy and Development of the Fininvest Group. He was involved in all of the areas in which the group was active: television, cinema, publishing, financial services and retail. Oliver Novick then rejoined Olivetti in 1995 as part of Olivetti Telemedia and served as CEO of Interactive Telemedia S.p.A., covering Olivetti’s initiatives in Italia Online, Cybermercato, Electronic Commerce and Opera Multimedia.

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Oliver Novick

Chemi Peres, Managing General Partner & Founder,
Polaris Venture Capital

Chemi Peres is a true pioneer of the venture capital industry in Israel. In 1992, he founded and managed Mofet Israel Technology Fund, which invested in several companies that went public, including Netro Corporation, Orckit Communications, VocalTec, Paradigm Geophysical, Precise, and BreezeCOM. Other Mofet startups were acquired by US corporations, including Scorpio (sold to US Robotics), NiceCom (sold to 3Com), and Shany Computers (sold to Intel). Prior to Mofet, Chemi Peres was Director of Business Development and Marketing at Decision Systems in Israel (DSI), and a Senior Consultant to Israel Aircraft Industries (IAI). In 1996, he co-founded the Polaris Venture Capital partnership, which has been instrumental in building an in-house portfolio of services to help start-up companies at the various stages of their development. True to his pioneering spirit, Chemi Peres opened the Polaris VC office in Silicon Valley in 1998 and personally ran the day-to-day operations during its first year. Chemi Peres is one of the founders of the Israel Venture Association.

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Kim Ludvigsen,
SECA

Kim Ludvigsen has lived in Switzerland for 24 years, but is originally from Denmark. He is a graduate engineer from the ETH and holds an MBA from Insead. His professional experience is within IT consulting (Andersen Consulting), M&A and Corporate Finance (Apax Partners and ATAG Ernst & Young). For the last three years he has worked as an independent consultant for large telcos and also founded and supported several start-ups in the technology sector. He recently joined Futura Capitalis an Director for the Scandinavian market.

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Keith Mullins, Head of EIB Technology Group
Schroder Salomon Smith Barney

A Managing Director and member of the EIB Commitment Committee, Keith Mullins heads the EIB Technology Group at Schroder Salomon Smith Barney. Mr. Mullins holds a BA in Philosophy and an MBA from the College of William and Mary. In addition, he studied for two years at the University of St Andrews in Scotland as a James Blair Fellow. Prior to joining the European Investment Bank, Keith directed the Emerging Grown Stock Group at Salomon Smith Barney in New York. From 1983-1991, Mr. Mullins held a similar position at Morgan Stanley & Co., Inc. He has been on the Institutional Investor All-America Research Team since 1988 as first or second team. Keith joined our organisation nine years ago and has 17 years of experience in the investment business.

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Oliver Haeggberg, Investment Director,
T-Venture

Oliver Haeggberg joined the management team of T-Venture as Investment Director in 1999. He is responsible for national projects for the international investment activities and has extensive experience in investment management and finance. He represents T-Venture in the decision boards of 2 funds in Israel and coordinates the U.S. activities of T-Venture of America, Inc. Previously, he took part in private equity transactions in former East Germany in the privatization process for the German state-owned Treuhandanstalt. At Thyssen Handelsunion, he developed a corporate wide telecommunications strategy and took part in a French mobile GSM licence subscription. His in-depth knowledge of international high-tech companies was shaped by professional experience at Arthur Andersen and Grand Thornton.

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Friedrich Bornikoel, Managing Partner,
TVM Techno Venture Management

The investment activities of Friedrich Bornikoel include companies in the software, networking, telecommunications, and semiconductor markets. He represents TVM on the Board of Directors of alfabet meta-modeling, eCustomers, Impress Software, SCM Microsystems, Tantau Software, as well as Virtual Photonics. Prior to joining TVM, he was responsible for some EURO 500 million of public investment in various electronic industry projects administrated by the German Federal Ministry for Research and Technology (BMFT). He was also a project leader at the Fraunhofer Institute for Applied Solid State Research in Freiburg.

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Friedrich Bornikoel

Dr. Christian Waldvogel, Director,
Viventure Partners

Prior to joining Viventures, Christian Waldvogel was heading Intel Capital’s investment activities in France, the Benelux and Southern Europe. He opened two new markets for Intel Capital by completing Intel’s first investments in France and Portugal. As of the end of 1999, Intel Capital had a worldwide portfolio of 350 companies valued at about $8 billion. Prior to Intel Capital, Christian Waldvogel occupied European-wide responsibilities for Intel Corporation in the broadband communication space (based in Munich) and for the European Telecommunications Satellite Organization (EUTELSAT) in the digital television space (based in Paris). Christian Waldvogel holds a Ph.D. in Cryptography and a Master Degree in Telecommunications from the Swiss Federal Institute of Technology, Zurich. He also holds a Bachelor of Science and Engineering from Princeton University, US.

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Dr Christian Waldvogel

Wilfried Verstraete, CFO,
Wanadoo

Wilfried Verstraete was appointed Chief Financial Officer of Wanadoo on September 1, 2000. 42 years old, he is in charge of the financial management of the multimedia activities of the France Telecom group, after 5 years as Financial Director of Mobistar. In September 1998, he promoted the launch of Mobistar on the Brussels Stock Exchange. The operation, which was a great success, made it possible to put some 20% of the shares into public ownership. Previously, Wilfried Verstraete has held various management posts in Belgium and abroad, within the Belgian Recticel Group, which manufactures polyurethane foam. Wilfried Verstraete is an economic sciences graduate from VUB (Vrije Universiteit Brussel). He also has a Masters in Financial Management from WLEKHO (Vlaamse Ekonomische Hogeschool-Belgium) and in 1993 followed the International Executive Program at INSEAD.

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Wilfried Verstraete

Alf Grunwald, Managing Director,
Warburg Pincus

Alf Grunwald has been with Warburg Pincus since February 2000. He has been associated with Warburg Pincus as a member of the Technical Advisory Board and surfed as a Board Member for various Warburg Pincus portfolio companies since 1997. Prior to joining Warburg Pincus, he was Chief Executive Officer and President of Deloitte and Touche Consulting Group-ICS and Vice President of Sales and Marketing of SAP Canada. Alf Grunwald is a Director of APP Group CEE B.V. and Shinka Technologies AG. Education: Fachhochschule Offenburg, Diplom Wirtschaftsingenieur

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Alf Grunwald