September 29, 2005

FOR IMMEDIATE RELEASE

Axiom Co-Founder Alan Mendelson Presented with Leadership Award
September 29, 2005

Alan Mendelson, Co-Founder and General Partner of Axiom Venture Partners, a venture capital firm with over $200 million under management, was the recipient of the prestigious Connecticut Venture Group Leadership Award. The award was presented last night at the Alliance for Connecticut Technology’s Innovation Day and Award Dinner. The Leadership Award is presented to a venture capitalist who is playing a leading role at his/her firm, has played a significant role in advancing the VC and entrepreneurial membership of CVG, has been involved in the programming and the ongoing management of CVG, has developed a track record of investment in regional companies, and has worked to promote Connecticut as a leading region of venture capital industry. The event was held at the new Connecticut Convention Center in Hartford.

This marks the second time an Axiom co-founder and general partner has won an award in this area. In November 2003, Samuel F. McKay, Co-founder and General Partner of Axiom Venture Partners, became a recipient of the Connecticut Innovations, Inc. Special Achievement Award, in recognition of his lifetime accomplishments that have led to long-term, technology-related economic development in Connecticut.

The Alliance for Connecticut Technology is comprised of several partners, including Connecticut Innovations, the Connecticut Technology Council, The Connecticut Venture Group, and CURE, Connecticut’s Bioscience Cluster.

About Axiom Venture Partners L.P.
Axiom Venture Partners is a venture capital firm located in Hartford, CT. Founded in1994, the firm has over $200 million in capital under management. It invests in two main industry areas – Information Technology and Biotechnology. The firm invests actively throughout the U.S. in early through late stage companies. Fifteen (15) Axiom portfolio companies have successfully completed IPOs in recent years and a number of other portfolio companies have been sold successfully. Axiom is actively investing its third fund, Axiom Venture Partners III. www.axiomventures.com