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Robin Axon and Pardeep Sangha Named Vice Presidents at Ventures West

March 1, 2005 - Ventures West, one of Canada’s largest privately owned venture capital companies, is pleased to announce that Robin Axon and Pardeep Sangha have been named Vice Presidents.

Robin Axon joined Ventures West in 2001 and is based in the company’s Toronto office.  He focuses on investment opportunities in the Information Technology and Communication sectors. Robin currently serves as a director of Instrumar Limited and is the co-founder of the CVCA´s Young Venture Capitalists (YVC) Committee.

Prior to joining Ventures West, Robin was at MD Robotics and the Canadian Space Agency where he helped to prepare the Canadarm2 for installation onto the International Space Station.

Pardeep Sangha joined Ventures West in 1999 and focuses on investments in telecommunications, photonics, wireless, semiconductors and IT.  Pardeep is an active participant in organizations that mentor and promote entrepreneurs. He participates on the Boards and committees of such organizations as TiE-Vancouver, Venture Capital Association of Alberta, and the Banff Venture Forum.  Pardeep also teaches a course on technology entrepreneurship at the University of British Columbia.

Prior to joining Ventures West, Pardeep gained several years of operations and engineering experience in telecommunications at Telus Corp.

About Ventures West
Ventures West Management Inc., a private venture capital investment group, is one of Canada´s leading investors in early stage technology companies. Since its founding in 1968, Ventures West has formed eight venture capital funds which total over $700 million and has invested in more than 130 companies. Ventures West has the people, the expertise, and the capital to help entrepreneurs develop emerging technology companies into market leaders. Investments focus on four technology sectors: Biotechnology, Communications, Energy Technology and Information Technology. For more information, visit www.ventureswest.com.

Contact:
Christine Ramsay
Director of Marketing and Communications
cramsay@ventureswest.com
(416) 861-2280





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