About ePlanet Ventures

ePlanet Ventures seeks to provide superior returns to its investors by making private equity investments on a global basis in companies where the application of innovation in technology and/or business models has the potential to create high-growth, category-dominant companies. Founded in 1999, ePlanet Ventures pioneered the development of a true global venture capital business model and was the first venture capital firm that utilized a global model with offices in Asia, Europe and the United States.

The Company has developed a fully integrated network of offices located in Beijing, Shanghai, Singapore, Bangalore, New Delhi, London and Silicon Valley, as well as a presence in Hong Kong, Seoul, and Tokyo. With its global footprint of local offices in key centers of innovation and venture capital activity, ePlanet is well positioned to source, evaluate and compare attractive global venture capital investment opportunities, and has been one of the leaders in promoting the cross-border migration of technological innovation, business models and entrepreneurship. ePlanet's geographical breadth enables it to identify and assess innovation as it develops around the globe, and to collaboratively compare each potential investment's utility, investment merits, addressable markets and likely adoption rates. The Firm is focused on business environments suitable for the creation of category-dominant companies such as: (i) very fast growing emerging sectors, where a company can achieve dominance in its market segment; (ii) established technology markets, where the pace of innovation and change is accelerating, and within which new start-up companies can thrive; and (iii) businesses with high gross margins in large markets.

This philosophy has yielded successful exits with an aggregate market value of over $20 Billion, including: BAIDU(www.baidu.com) (NASDAQ: BIDU), the Chinese search engine that became the most successful first-day foreign IPO in U.S. market history, and presently valued at over $12 billion; SKYPE (www.skype.com), the VoIP service provider that was acquired by eBay in 2005 in a transaction valued at up to $4.1 billion; FOCUS MEDIA (www.focusmedia.cn) (NASDAQ: FMCN), the Chinese flat-screen delivery commercial advertiser that successfully exited on NASDAQ in 2005 and currently valued at over $6 Billion; KONG ZHONG (www.kongzhong.com) (NASDAQ: KONG), a wireless communications company that exited on NASDAQ in 2004, and which was ranked #2 in Deloitte's Fast 500 Asia Pacific List in 2005; CYANEA , which was acquired by IBM; and LONGCHEER (www.longcheertel.com) (SGX: L28.SI) the Chinese handset designer that listed in Singapore in 2005. In 2006, ePlanet has continued its history of successful exits with the acquisition of END2END MOBILE by MACH, the IPO and listing of POINT-I and SILICON FILE on Korea's KOSDAQ market (K078860 and K082930, respectively), the acquisition of SAFEVIEW by L3 Communications, and the exit from its position, at an increased valuation, in Hong Kong-traded TECHPACIFIC (HK Gem: 8088). In late 2006, THERMAGE (www.thermage.com) (NASDAQ:THRM), a medical device maker, went public; followed by SPREADTRUM COMMUNICATIONS, INC.(NASDAQ:SPRD), a Shanghai-based, fabless semiconductor company, which went public in June 2007.

ePlanet also seeks to make investments in traditional, established industries where business-model improvements have the power to create category-dominant companies in the world's fastest growing markets. The management team believes that traditional industrial enterprises often have substantial unrealized value, which is capable of being unlocked through the application of innovation to reinvent corporate business models. Given the rate of technological change occurring today, enterprises can no longer be fixed systems that attempt to immunize themselves from innovations in technology and from globalization. Instead, companies must now recognize that innovation spurred by the Internet, outsourcing, off-shoring, open-source software development, third-party-supplied global logistics, staff downsizing, and supply change modifications are driving the development of more efficient business models.

ePlanet's target companies have historically operated in a broad range of industries. The Firm has made investments in sectors such as the Internet (consumer Internet, Internet services and applications), wireless communications and applications, VoIP and other broadband services, entertainment, semiconductor design, life sciences and other emerging services sectors.