October 23, 2003


Axiom Venture Partners Announces William Wilcoxson as Partner

Hartford, CT --- Axiom Venture Partners, a venture capital firm focused on helping to build world-class information technology and biotechnology companies, today announced that Will Wilcoxson has joined the firm as Partner.

Mr. Wilcoxson brings to the Axiom team more than thirteen years of experience in venture capital and private equity investments. Most recently, he served as General Partner of Claflin Capital Management in Boston, where he specialized in early stage information technology companies. Prior to that, Mr. Wilcoxson was an early member of Internet Capital Group’s investment team. His venture capital career began at Massachusetts Technology Development Corporation. Mr. Wilcoxson spent three years with General Electric Capital’s Corporate Finance Group, where he focused on late stage private equity investments in manufacturing, distribution, and communications companies. He began his career in General Electric’s Financial Management Program. Over the course of his career, he was an early investor in companies such as Andover.net, Breakaway Solutions, Metatomix, Micro-E, NexCen Technologies, and Vibrint Technologies.

“Will’s addition strengthens the Axiom core investment team,” said Sam McKay, General Partner, and President of Axiom Venture Advisors, Inc. “He possesses an all too rare combination of investment acumen and people skills. Will has a proven ability to work with company management for mutual success, as he has demonstrated many times over in his nearly fourteen years in the business. All of us at Axiom are delighted to have him as part of our team.”

“I’m excited about joining the Axiom team,” said Will. “Axiom’s disciplined approach to investing, combined with their vast resources, enthusiasm, and collective experience, make it a pleasure to work with such a world-class venture firm.”

Mr. Wilcoxson holds an undergraduate degree in Economics from St. Lawrence University, and a Masters in Management from Northwestern University Kellogg School of Management.

About Axiom Venture Partners L.P. Axiom Venture Partners provides capital and strategic assistance to rapidly growing high technology companies. Axiom's professionals bring substantial investing experience and industry expertise to the venture capital process. With over $200M in capital under management, the firm seeks to consider investment proposals in two main industry areas. The first is high technology, which includes communications, software, Internet infrastructure, and information technology. Biotechnology constitutes the second area. Through its office in Connecticut, Axiom invests actively throughout the United States in early or late stage companies. For more information, visit www.axiomventures.com