BlueRun Ventures announces Roushan Ahmadi-Zenooz to management team

Menlo Park, CA (April 25, 2005) - BlueRun Ventures (www.brv.com), a global venture capital fund focused on early stage companies in the IT, mobile, and consumer electronics markets, today welcomed Roushan Ahmadi-Zenooz as a Principal to its team. Zenooz brings extensive experience in corporate development and investment banking to BlueRun Ventures.

"Roushan's strengths with strategic investments and acquisitions and his keen eye for targeting innovative technologies enhances our talented management team," said Jonathan Ebinger, General Partner of BlueRun Ventures. "His experience will enable us to continue to add emerging market leading companies to our robust portfolio."

Zenooz previously spent more than four years with Cisco Systems, where he focused on acquisitions, venture investments and corporate strategy. During his time at Cisco, Zenooz helped define Cisco's strategy in VoIP and executed a number of acquisitions and venture investments. Most recently, Zenooz was responsible for Cisco's acquisition of Dynamicsoft and Netsolve. Prior to Cisco, Zenooz was an investment banker with Morgan Stanley in New York and Singapore.

"I'm excited to join the BlueRun team," said Roushan Ahmadi-Zenooz. "I believe in BlueRun's single fund global approach and I'm looking forward to working with the team and its dynamic network of entrepreneurs to build world class technology companies."

Zenooz will be based out of the company's Washington D.C. office.

BlueRun Ventures' proven approach is to invest globally as a single fund in best of breed technologies and teams with the drive and ability to build leading global companies. Over the seven-year history of the firm, BlueRun Ventures has built a global platform, with offices throughout North America, European Union, and Asia, that has enabled successful global market leaders to emerge. As an early stage fund, BlueRun Ventures will invest mostly in Series A and B, with initial investment ranging from $2 to $8 million.

About BlueRun Ventures
Launched in 1998, BlueRun Ventures is a leading early stage venture capital fund. BlueRun Ventures' proven approach is to invest globally as a single fund in best of breed technologies and teams with the drive and ability to build leading global companies. BlueRun Ventures is headquartered in Menlo Park, California, with offices in Helsinki, Herzelia (Israel), London, New Delhi, Seoul, Shanghai, Tokyo, and Washington, D.C. For more information, visit www.brv.com.

Contact:
Gina Bauman
BlueRun Ventures
+1 650 462 7255
gbauman@brv.com

Valerie Christopherson
Bock Communications, Inc.
+1 714 540 1030 ext. 17
vchristopherson@bockpr.com