Paul Kedrosky Becomes Venture Partner at Ventures West

June 27, 2006 - Vancouver, BC - Ventures West Capital Ltd. is pleased to announce that Dr. Paul Kedrosky, an internationally recognized technology investor, commentator, blogger, and speaker, has become a Venture Partner with the firm. Dr. Kedrosky had previously acted as an advisor to Ventures West on investment and venture industry issues. In his new role, he will be involved in sourcing and evaluating investment opportunities, and providing advice and analysis on a wide range of venture capital issues. His primary investment interests are Internet services, media, consumer technologies, security, and wireless.

"Dr. Paul Kedrosky has a unique and valuable perspective on how Internet technologies continue to transform media and entertainment, consumer products and services, as well as how the Internet itself continues to evolve," said Ted Anderson, President of Ventures West. "Paul has a vast audience, both as a commentator on the IT and venture capital industries, and through his blog – Infectious Greed – which is widely read and very influential in the industry.”

Dr. Kedrosky has been actively involved as a seed stage investor and has participated in several successful start up companies including Netsift (purchased by Cisco), Santarus (SNTS:NASDAQ), Ortiva Wireless, and Rhevision.

Dr. Kedrosky’s experience in venture capital spans a broad range of activities. Most recently he has been the Executive Director of the William J. von Liebig Center in San Diego where an innovative seed capital program catalyzes the commercialization of early stage IP centric technologies. Prior to that, he founded the technology equity research practice at brokerage firm HSBC James Capel (Canada). He is also a distinguished academic, with more than three hundred sole authored academic and non-academic articles. Dr. Kedrosky writes a monthly column ("The Opportunist") for Business 2.0 magazine, and his articles and comments on technology, venture capital, and entrepreneurship have appeared in/on CNN, CNBC, PBS Newshour, NPR, ABC Nightline, Harvard Business Review, the Wall Street Journal, and the New York Times. Fast Company called his blog on technology finance and venture capital at http://paul.kedrosky.com one of the best on the web.

Dr. Kedrosky continues to be an advisor to a number of early stage companies, as well as to venture capital, private equity, and hedge firms. He is a frequent speaker at venture capital and technology conferences. He also sits on various boards, including Marqui Corporation (a marketing automation firm) and he will be joining the board of dabbleDB (a hosted data management application) in which Ventures West announced an investment today.

“Paul has been instrumental in Ventures West’s investment in dabbleDB” said Anderson. “We look forward to Paul bringing his broad perspective and industry relationships to our IT investments, and to our investing activities in general.”

About Ventures West
Ventures West Capital Ltd., 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, Cleantech and Information Technology. For more information, visit www.ventureswest.com.

For More Information
Christine Ramsay
Ventures West Management Inc.
cramsay@ventureswest.com
(416) 861-2280