***For Immediate Release***

CMEA Ventures Adds New Partner to Information Technology Team

Saad Khan Combines Consumer Technology Investing with Software and Digital Media Experience

SAN FRANCISCO, CA – April 16, 2007 – CMEA Ventures announced today that Saad Khan has joined the Information Technology investing team as a Partner. Khan is focusing on the firm's software investments.

"Saad is a great fit for our IT investing team," said Faysal Sohail, a Managing Director of CMEA Ventures. "He brings recent experience in consumer and digital media technology investing, combined with a detailed understanding of advanced technologies and their commercialization. With our strong focus on investments in deep science and technology, Saad will help assure that we stay out in front from an application and market standpoint."

Prior to joining CMEA, Khan was a venture partner at Garage Technology Ventures (GTV), a seed stage venture fund, and led their advisory services group. During his tenure at Garage, he focused on emerging technology ventures in the software and digital media space including TripleHop (acquired by Oracle), cFares, CaseStack, and Savage Beast (Pandora). Before GTV, Khan worked for the IBM alphaWorks group, focusing on commercializing IBM R&D, and at the Walt Disney Company in the Strategic Planning and Business Development Groups.

Khan received a B.S. degree in Symbolic Systems and an A.B. in Economics with honors in Science, Technology, and Society from Stanford University. He currently serves on the advisory board for several start-ups, including Kalat Software and Lending Club, and is a founding member of the FilmAngels.

"What impresses me most about CMEA is the deep operating experience of the partners and their leadership in emerging technology areas, from semiconductors to materials to software," said Khan. "I look forward to sharing my insights about consumer behavior, and working with the team to find investment opportunities that uniquely apply advanced technologies into new ways of delivering information and entertainment."

About CMEA Ventures Information Technology Investing Practice

CMEA believes that there are continuing and outstanding opportunities in information technology investing based upon advanced technology and deep science. While many venture firms have abandoned this important perspective, CMEA sees this as a crucial foundation for its three current IT investment areas — advanced semiconductor platforms, software and digital media, and outsourced services. Said Sohail: "We believe that the best investments in the IT space today are those where the fundamental technology is at the heart of the business."

Examples of such investments in CMEA's IT portfolio include LiveOps, Entropic, and Mitrix, among many others.

About CMEA Ventures

CMEA Ventures is a venture capital firm focused on life sciences, high technology, and energy and materials investments. CMEA believes that the most successful venture backed companies are science focused with experienced teams intent on winning. As a result, CMEA's portfolio companies typically have cutting edge and highly differentiated technology at their core, with founding teams of the highest caliber.

CMEA invests in both early and late stage ventures, and has a strong network of corporate, investment, and entrepreneurial relationships that it leverages on behalf of its portfolio companies. The firm currently manages six funds representing investments in excess of $770 million. CMEA has been an early stage investor in many leading Silicon Valley high technology companies, including Flextronics (FLEX), Magma (LAVA), Maxygen (MAXY), Monogram Biosciences (MGRM), Silicon Spice (BRCM), Symyx (SMMX), and Syrrx (purchased by Takeda.)

CMEA Ventures was founded in 1989 and maintains offices in San Francisco and Menlo Park. CMEA's partners and associates have extensive science, engineering, and operational backgrounds that particularly suit CMEA's focus on technology and teams — an effective differentiator for entrepreneurs and venture investment partners who dare to change the world, one great company at a time.

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