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Technology Stocks : Jacada Ltd (JCDA) -- Ignore unavailable to you. Want to Upgrade?

To: Steven Messina,L.M.T. who wrote (222)	12/3/1999 12:48:00 AM
From: BRea	Read Replies (1) \| Respond to of 401

Gemini fund exits their position in JCDA?? Comments anyone? I cut the article short but interesting part is at the end where they say they exited their position in JCDA. This Gemini fund was a venture capital fund that states they have exited their position in JCDA. Does anyone know if this exit was before IPO or after.... I did review the Prospectus again but could not find any reference to the Gemini Fund venture capital group. Hmm.... High Tech Features Not Only Ed Mlavsky By Ella Jacoby The Gemini fund was born at Kapulsky's coffee shop in Tel Aviv. Ed Mlavsky and Yossi Sela chatted over coffee and started to plan a top tier venture capital fund. Today, six years later, they appear to have abided by their plan. According to Venture I surveys, which examines the activity of venture capital funds on a quarterly basis, Gemini is well placed among Israel?s top ten funds, based on the volume of its activity. Business Card Name: Gemini I, Gemini II Founded: 1993, 1997 Investment Stage: early stage Investment areas: Semiconductors, communications, Internet Volume: Gemini 1 - $36 million; Gemini II - $110 million Investments offered: $4-5 million per company Portfolio companies: D-Pharm, Business Layers, Manna Network Technologies, ServiceSoft Technologies (after merging with BaliSoft), Veon, Saifun, Verisity, Precise, Tegrity, Allot, Celletra, PC Soft Exists: Orckit, CommTouch, RDC (sold to Marconi), Paradigm Geophysical and Telegate (sold to Terayon) Partners: Ed Mlavsky, Yossi Sela, Tali Aben, Lior Berger, Adi Pundak-Mintz Investors: Fidelity, BT Alex Brown, Dutch PTT and other large telephony companies pension funds, the Massachusetts Institute of Technology, Hadassah Hospital Exits: Jacada, CommTouch, OrNet, RadNet, AbirNet, Exactium, Butterfly. Published by Israel's Business Arena on November 30, 1999 LINK: globes.co.il BRea