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To: AustinPowersIII who wrote (8358)	12/12/2000 5:46:25 PM
From: AustinPowersIII	Read Replies (2) \| Respond to of 14451

I wonder how much GBP5 million is? siliconinvestor.com ZEUS TECHNOLOGY: Zeus Technology raises GBP5 million from syndicate led by UBS Warburg and appoints Executive Chairman DEC 12, 2000, M2 Communications - Cambridge, UK -- Cambridge-based Zeus Technology, a leading provider of web server software to a customer base including Hewlett-Packard, Silicon Graphics, Volkswagen Audi Group, Energis and eBay, announced today that it has raised third round funding of GBP5 million from a syndicate of investors. The syndicate is led by UBS Warburg and includes Cazenove Private Equity, Sumitomo Corporation and Cross Atlantic Capital Partners, who previously led Zeus' second round funding. The funding will enable Zeus to continue to invest in all functions of the company, particularly in the sales, marketing and business development areas. This will allow Zeus to increase its focus on the US market, respond better to opportunities in Europe and develop further its indirect sales channels. Zeus will continue to leverage its successful relationships with Hewlett-Packard globally and Sumitomo in Japan. Investments in research and development will continue for the base Zeus Web Server product, with an emphasis on developing add-on products for specific market segments. For example, the Zeus Mass Hosting Edition built for major ISPs and telcos who wish to offer branded website hosting capabilities to their subscribers, and the Zeus Appliance Edition optimised for thin-server hardware platforms and end-user ease of use. Investments in global services will ensure customers worldwide continue to receive multilingual 24x7 support. David Callear, executive chairman of Zeus, said, "We are delighted to have such a strong group of investors supporting Zeus in its next phase of growth. This round of funding will allow us to confirm our position as the world's leading provider of high-end web server software, to continue our excellent record of product development and to create sales and marketing teams in overseas markets, which already account for around 75% of sales. As executive chairman, I am looking forward to increasing my involvement with Zeus, supporting its continued expansion and its recently strengthened management team." Rob Woodward, managing director of UBS Warburg, said, "UBS Warburg was appointed as financial adviser to Zeus in June this year and we have been very impressed by the quality of its technology and staff. Web server software is at the heart of the Internet and continued growth in bandwidth, Internet usage and increasing user expectations will fuel demand for scalable, reliable infrastructure software. Zeus produces the best product on the market today and we are proud to lead this round of funding." Notes to Editors About David Callear David joined the Zeus board in March 2000 and holds several non-executive directorships in a range of business sectors. After graduating in management sciences from Manchester University, David qualified as a chartered accountant with Arthur Andersen. He has spent most of his career managing organisational change in the quoted sector. This included senior management positions with Whitbread & Co. plc and, as CEO, with vehicle rental company T.I.P. Europe plc and household FMCG producer Jeyes Group plc. About Zeus Headquartered in Cambridge, United Kingdom, Zeus develops leading web server technology to provide the fundamental building blocks for Internet infrastructure. Universally serving the net with its highly scalable and robust line of software products, Zeus Web Server, Zeus Load Balancer, Zeus Mass Hosting Edition and Zeus Web Server Appliance Edition, Zeus boasts an impressive customer and strategic partner base which includes world-class companies such as eBay, Sprint, Telefonica, Hewlett-Packard and ****Silicon Graphics. Zeus has enjoyed consistent growth since it was founded in 1995 and, in addition to conducting business on a global basis via the web, is represented in North America, Asia and Europe. For more information visit www.zeus.com