Advisory Board

Members of The Board Of Advisors

Robert T. Brennan

President and Chief Operating Officer

Iron Mountain Inc., (NYSE: IRM)

A $6 billion market capitalization company providing outsourced records and information management services, joined Iron Mountain through its acquisition of Connected Corporation, where he served as Chief Executive Officer. Connected was a StarVest portfolio company. Before Connected, Mr. Brennan was a general manager with Cisco Systems, Inc. and was Vice President and General Manager for Merisel Inc., a distributor of software and microcomputer products. Mr. Brennan has a BA in psychology from Manhattan College.

StarVest’s relationship with Mr. Brennan began as a result of its investment in Connected. With his assistance, StarVest I portfolio company MessageOne formed a partnership with Iron Mountain. Mr. Brennan has assisted StarVest with deal flow, potential management candidates, board member selection and industry expertise.

Nicholas M. Donofrio

Executive Vice President

IBM CORP

The leader of IBM’s global technology strategy. He joined IBM in 1967 and has led many of the company’s major development and manufacturing teams—from semiconductor and storage technologies, to microprocessors and personal computers, to IBM's entire family of servers.

Mr. Donofrio earned a BS in Electrical Engineering from Rensselaer Polytechnic Institute in 1967 and an MS from Syracuse University in 1971. He served for more than a decade on the Board of Directors for the National Action Council for Minorities in Engineering (NACME) and was its Board chair from 1997 through 2002. He currently serves on the Board of Directors for INROADS, a not-for-profit organization focused on the training and development of talented minority youth for professional careers in business and industry. He also is co-chairman of the New York Hall of Science. In 2006, Mr. Donofrio was named by Business Week as one of the top 25 Innovation Champions.

As a fellow RPI alumnus, Mr. Bettino has built a strong association with Mr. Donofrio and they share a mutual commitment to advancing opportunities in technology for women and underrepresented minorities.

Hossein Eslambolchi

PHD, Former Chief Technology Officer

AT&T

Currently chairman and CEO of Divvio, Inc., a Silicon Valley start-up, and Chairman of 2020 Venture Partners, a technology and operations consulting firm serving venture capitalists and private equity firms. As AT&T Chief Technology Officer, Dr. Eslambolchi advised the company’s senior leaders on the formulation of a strategic technology vision. Dr. Eslambolchi was also President of AT&T Global Networking Technology Services, President and CEO of AT&T Labs and Chief Information Officer. He has won numerous awards including the highly notable AT&T Science and Technology Medal, and in October 1999, he received AT&T's highest technical honor when he was appointed an AT&T Fellow.

Dr. Eslambolchi holds over 900 patents, issued, pending, and in preparation. He was named one of the most prolific inventors of the 20th century and was named “Inventor of the Year” by the New Jersey Investors Hall of Fame. He graduated with highest honors with a BS in Electrical Engineering and received an MS and Ph.D. in Electrical Engineering all from the University of California, San Diego.

Mr. Eslambolchi has attended the Warburg CIO Council and co-invested with Mr. Bettino.

Steven B. Fink

Chief Executive Officer

Lawrence Investments LLC

CEO of a venture with Larry Ellison that owns and manages Mr. Ellison's non-Oracle investments. Lawrence Investments has invested in numerous technology, medical, and biotechnology companies, several of which are now public. Previously, Mr. Fink was a founding partner, Managing Director and Vice Chairman of Knowledge Universe, a company formed to acquire, build, incubate and manage companies in the education industry. The aggregate revenue of the various companies exceeds $2 billion. Knowledge Universe was one of the world's largest pure education companies.

Mr. Fink serves as Chairman of the Board of LeapFrog Enterprises (NYSE: LE), Vice Chairman of Heron International, a European real estate company, and is a director of Nobel Learning (NASDAQ: NLCI) and several other companies, and was a director of NetSuite until just prior to its S-1 filing. He has extensive expertise spanning acquisitions analysis, corporate financing and business operations and development. Mr. Fink is a member of the UCLA Foundation Board and the American College of Physicians Foundation Board.

Ms. Farrington served on the board of NetSuite with Mr. Fink for the past several years.

Zachary Nelson

President and Chief Executive Officer

NetSuite, Inc.

Has more than 20 years of leadership experience in the hi-tech industry, where he has held a variety of executive positions in marketing, sales, product development and business strategy with Oracle, Sun Microsystems, and McAfee/Network Associates. He has been CEO of NetSuite since 2002, where, under his leadership revenues have grown ten-fold, the workforce has quintupled to more than 500 employees and its customer base has expanded to thousands of companies. Recently named as CRM Influential Leader of 2006 by CRM Magazine, Mr. Nelson has led NetSuite to be one of the leading software-as-a-service companies in the world. Nelson holds a patent in the field of application integration, and has several others pending approval. He holds B.S. and M.A. degrees from Stanford University.

John L. ("Launny") Steffens

Founder and Managing Director

Spring Mountain Capital

Limited partner, a fund-of-funds, spent 38 years at Merrill Lynch & Co. Inc, where he held numerous senior management positions. These included President of Merrill Lynch’s Private Client Group from 1985 until 1997, Vice Chairman of Merrill Lynch & Co., Inc. and Chairman of its U.S. Private Client Group from 1997 until 2001. During his leadership of the Private Client Group, client assets at Merrill Lynch rose from $189 billion to approximately $1.6 trillion. Mr. Steffens was elected a member of the Board of Directors of Merrill Lynch & Co., Inc. in 1986 and served on the board until 2001. He is a past Chairman of the Securities Industry Association and is currently a Trustee of the Committee for Economic Development. He graduated from Dartmouth College with a BA in Economics and attended the Advanced Management Program of the Harvard Business School.

Mr. Steffens has been an active Advisor since StarVest’s inception. Spring Mountain and its affiliates are the second-largest investor in StarVest I and have made a significant commitment to StarVest II. Mr. Steffens has assisted StarVest in its strategy, deal flow and due diligence and its portfolio companies.

Executive Resource Council

StarVest is in the process of expanding its Executive Resource Council whose members include executives in key New York and Silicon Valley-based industries and experts within StarVest’s sector investment focus. Members include:

Michael Berland

Marketing Strategist

Internationally recognized strategic advisor and communications consultant, is the former Chief Executive Officer of Penn, Schoen & Berland, a leading research-based strategic and corporate communications company acquired by WPP in 2001. He has high level relationships with Vodafone, RIM/Blackberry, Qwest, Unilever, BP, ConAgra, Coca-Cola, McDonald’s, Estee Lauder, Procter & Gamble, Bausch & Lomb, KPMG, Pfizer and Siemens. He has also been a key strategist for Mike Bloomberg and Hillary Clinton.

Laura Sachar has worked with Mr. Berland on the Executive Committee of the Young President’s Association Gotham Chapter. Mr. Berland provides StarVest portfolio companies with branding expertise that is generally only available to Fortune 1000 companies.

Cynthia Cohen

Founder and President

Strategic Mindshare

A prominent retail strategist providing strategic consulting services to a broad array of Fortune 500 and high growth companies. Cynthia is on the board of bebe, Equity One, Steiner Leisure and several other private consumer product and technology companies. She is on the Executive Advisory Board for the Center for Retailing Education and Research at the University of Florida as well as the Advisory Board for The Southwest Retail Center for Education and Research at the University of Arizona. Prior to founding Strategic Mindshare, she was a Partner in Management Consulting at Deloitte & Touche.

StarVest's relationship with Ms. Cohen began as a result of her participation on the Newgistics, Inc. Advisory Board.

Julie McHenry

President

Communications Insight, LLC

Silicon Valley-based firm, provides communications strategy and execution, counsel and message development for high technology companies. Before forming Communications Insight, Ms. McHenry was co-founder and CEO of Wilson McHenry, a leading public relations firm with offices in Silicon Valley and New York representing such award-winning technology brands as Informix, Symantec, Intuit Inc., Pioneer Corp., Excite, Maxtor and Oblix. Before that, Ms. McHenry co-founded the Waggener Group and worked extensively with the Microsoft Corporation from 1982–1989. She has a BA in Journalism from the University of Missouri and an MBA from the University of Portland.

Ms. McHenry has worked closely with Ms. Sullivan who was an advisor to her technology public relations firm. Ms. McHenry provides industry knowledge and access to executives at leading technology companies.

J.A. (Jack) McMaster

President

CEO of LSSI Corp

An Edison, N.J.-based company that is the leading provider of telephony-sourced databases in the United States and the world leader in hosting telephony sourced databases for other countries, including Canada, Ireland, The United Kingdom, Italy, and France. Mr. McMaster has extensive experience in the telephony industry. From 1999 to 2002 he was CEO of KPNQwest, a Netherlands based joint venture. Mr. McMaster had a 20 year career at AT&T, holding several senior positions including Managing Director of AT&T-UK, Vice President of AT&T’s Calling Card and Operator Services Business Unit, President of AT&T’s Mid- Atlantic States Region, and Senior Vice President of AT&T’s Consumer Business Division.

Mr. McMaster worked closely with Mr. Bettino, who served on the Board of LSSi while representing Warburg Pincus, which has a significant investment stake in LSSi. Mr. Bettino was instrumental in hiring Mr. McMaster, who became the major driver of outstanding performance at LSSi over the next several years.

John D. Miller

Chief Investment Officer

W.P. Carey & Co.

John D. Miller Chief Investment Officer W.P. Carey & Co. An $8 billion NYSE global real estate investment firm. He was a co-founder of StarVest, and is currently a General Partner in StarVest I. Mr. Miller was President of Rothschild Ventures Inc., the private investment unit of Rothschild North America, a subsidiary of the worldwide Rothschild Group. Before that, Mr. Miller was President and CEO of Equitable Capital Management Corporation, a full-line investment advisory subsidiary with assets in excess of $36 billion. He has a BS from the University of Utah and an MBA from the University of Santa Clara. Mr. Miller continues to provide strategic advice to the StarVest Partners.

Mr. Miller continues to provide strategic advice to the StarVest Partners.

Robert F. Sharpe

Executive Vice President

ConAgra Foods, Inc.

Responsible for Legal and Regulatory Affairs for ConAgra Foods, Inc., (NYSE: CAG), a $15 billion consumer products company. Mr. Sharpe was previously a partner at Brunswick Group LLC, a privately held global financial communications investor relations firm. Earlier in his career, he was Senior Vice President, Public Affairs, Secretary and General Counsel for PepsiCo Inc., and he served as Senior Vice President and General Counsel at RJR Nabisco. Mr. Sharpe currently serves on the board of Ameriprise Financial Inc. (NYSE: AMP), formerly American Express Financial Advisors. He earned a BA from DePauw University, a BS from Purdue University and a JD from Wake Forest University.

Mr. Sharpe has been an advisor to StarVest since 2001. He has assisted its portfolio companies with numerous executive introductions.

Contact

StarVest Partners, L.P.
750 Lexington Avenue (@ 59th Street)
New York, NY 10022

Phone: (212) 863-2500
Fax: (212) 863-2520