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To: Ian@SI who wrote (11991)6/23/1999 2:48:00 PM
From: pat mudge  Read Replies (1) | Respond to of 18016
 
Ian and Zbyslaw --

Thanks for the responses. I'll get to work on the patent searches the minute I get home.

Here's a press release from Newbury Ventures that's connected to the meeting in France today:

<<<
June 23, 1999 13:50

Newbury Ventures Announces the First Annual Global Venture Alliance Forum
PARIS--(BUSINESS WIRE)--June 23, 1999--Newbury Ventures, a private venture capital partnership focusing on investments in communications and health care technology companies throughout the world, today announced the first annual Global Venture Alliance forum. Opinion-leading CIO's, CEO's of emerging growth communications companies and leading venture capitalists from around the world will gather at the Pavillon Henri IV in Paris, France June 23 through June 25 to participate in this unique international event.
The objective of the Global Venture Alliance (GVA) forum is to bring together a variety of leaders in the telecommunications industry to identify key trends and customer requirements in the new millennium with the focus on providing business solutions. Topics covered during the conference will include the emerging telecommunications landscape, state of the art network architectures, the changing paradigms for targeted service provider and enterprise applications, and the need for value add network service management.

The stars of the GVA event are the CEO's of emerging growth entrepreneurial companies who have the vision, creativity, vibrancy, and energy to shape the future of our industry. Senior level executives of leading-edge European service providers and enterprises, multinational systems integrators, leading international venture capitalists, and industry leading senior executives from networking equipment companies are among the keynote speakers. "We live in an era of massive opportunities, I look forward to the GVA meeting to discuss today's networking issues and prepare for the future", stated Terry Matthews, chairman and CEO of Newbridge Networks. Participants will have the opportunity to learn about the products and services offered by innovative startup companies, and the strategies of established information technology companies which are helping to shape the global networked economy.

About the Global Venture Alliance

The Global Venture Alliance is a consortium of leading international venture capitalists providing a forum for their emerging growth companies to discuss business solutions with the largest and most significant customers in the telecommunications industry. Additionally, the GVA members will work together to build a network of resources for recruitment and attraction of top talent worldwide, creation of new investment opportunities, cooperation in technical and legal due diligence and participation in joint and follow-on equity financing. The Global Venture Alliance was founded by Newbury Ventures (San Francisco and Silicon Valley, USA, and Paris, France), Newbridge Networks (Kanata, Canada), Innovacom (Paris, France), Crescendo Ventures (Minneapolis and Palo Alto, USA), Celtic House Investment Company (London, UK), Bank J. Vontobel (Zurich, Switzerland), T-Venture (Munich, Germany), DS Polaris (Tel Aviv, Israel), Global Catalyst Partners (Tokyo, Japan and Tel Aviv, Israel), and IT Investments (Cairo, Egypt).

About Newbury Ventures

Newbury Ventures is an international venture capital partnership focused on investing in, and growing entrepreneurial companies in the communication and health care technology sectors. Newbury prefers to be involved at the earliest stages of a company's launch and assist the founding teams in business planning, strategy development, recruitment of key managers, introduction to leading-edge customers, and assistance with subsequent financings. The Principals of Newbury have worked together in the venture capital industry for more than 15 years, and have over 50 years combined venture capital investment experience. Each partner brings to the team a rich and diverse set of experiences, as well as a global perspective of venture investing. Collectively, Newbury has financed more than 100 successful emerging growth technology companies, of which at least one third were conceived and built to leverage the binational investment model using multinational skills and resources. Some recent successes include Scorpio Communications, acquired by US Robotics (nasdaq:COMS), Paradigm Geophysical (nasdaq:PGEO) Fundtech (nasdaq:FNDTF) and ACC, acquired by Ericsson (nasdaq:ERICY).

CONTACT: FitzGerald