Atlas Venture Appoints Bill Bryant Venture Partner; Seasoned Technology Entrepreneur Joins Firm's Seattle Office.

Business & Finance Editors

NEW YORK--(BUSINESS WIRE)--May 16, 2001

Atlas Venture, the leading international venture capital firm investing in communications, information technology and life sciences companies, today announced that Bill Bryant has joined the firm, effective immediately, as a Venture Partner in Atlas Venture's Seattle office.

Mr. Bryant, with an extensive startup and corporate background, will use that background to support the growth and development of Atlas Venture's portfolio companies.

"Bill Bryant is a seasoned business executive who will bring a wealth of experience to our new entrepreneurs and their businesses as well as to our existing portfolio companies," said Laura Jennings, Senior Principal in the firm's Seattle office.

Ms. Jennings, who is responsible for leading Atlas Venture's expansion on the West Coast, opened the firm's new Seattle office in January 2001. Atlas Venture's other West Coast location is in Menlo Park, CA. Atlas Venture's most recent investments on the West Coast include Asta Networks, a Seattle-based provider of network reliability and management services, and Mspect, a Sunnyvale-based provider of performance measurement services for the mobile internet.

Prior to joining Atlas Venture, Mr. Bryant was active in the formation and development of several leading technology and Internet companies in the Northwest, having served as founder, executive or investor. He co-founded Qpass Inc., where he was CEO through 1998 and Chairman until January 2001, and currently serves as Chairman of the Advisory Board; and Netbot Inc, where he was co-founder and President. He was previously Vice President of Sales and Marketing for Visio Corporation. He was also an early investor in Throw Inc and Exstatic Software. Both Netbot and Throw were subsequently acquired by Excite@Home, while Exstatic was acquired by Exchange Applications. Mr. Bryant has also served as Vice President of Marketing at Micrografx Inc. and has held the same position at Traveling Software. In addition, he has consulted extensively for RealNetworks, Microsoft and Corbis.

Mr. Bryant is currently a member of the Boards of Directors of Xchange Applications (NASDAQ: EXAP) and ViaFone, and is on the Advisory Boards of Loudeye (NASDAQ: LOUD), 2Way, AEI Music, Abridge and SkyGo.

Mr. Bryant holds a BA in European History (1979) and an MBA in Business Strategy (1981) from the University of Washington.

About Atlas Venture

Atlas Venture is the leading international, early-stage venture capital firm investing in communications, information technology and life sciences companies. With offices in Amsterdam, Boston, London, Menlo Park, Munich, Paris, and Seattle, Atlas Venture's investments are split evenly between the United States and Europe.

Founded in 1980, Atlas Venture has organized six international funds, and currently manages over $2.5 billion in committed capital. The Atlas Venture investment team is comprised of seasoned operating executives and career venture capitalists who have been deeply involved in the formation and development of more than 300 companies worldwide.

Contact Information

For further information, please call Davia B. Temin of Temin and Company at [phone]. On the web, Atlas Venture can be visited at www.atlasventure.com.