BRM Capital Announces Menashe Ezra as New Managing Director; Ezra to Expand BRM's Communications and Wireless Infrastructure Investments in Israel.Business/High Tech Editors FORT LEE, N.J.--(BUSINESS WIRE)--Oct. 24, 2001 BRM BRM biologic response modifier. BRM Biological response modifier, see there Capital, a seed- and expansion-stage venture capital firm primarily targeting Israeli-related communications and software companies, announced today that Menashe Ezra has joined its management team as managing director. Ezra plans to further broaden the firm's investments in within the communications and wireless infrastructure domains. "Despite the downturn in the high-tech industry," said Ezra, "the telecom infrastructure and wireless communications arenas will continue to thrive over the next few years. BRM Capital's added focus in these areas will afford such innovative start-up and expansion companies' access to capital from a firm known for its entrepreneurial spirit and dedication to its portfolio. We also look forward to cooperating with companies and organizations that specialize in these fields, including cellular companies, equipment manufacturers and other venture capital funds Venture Capital Funds An investment fund that manages money from investors seeking private equity stakes in small and medium-size enterprises with strong growth potential. Notes: that have a similar focus, with continual emphasis on promoting Israeli and Israeli-related companies, accelerating their penetration to world markets." Ezra has over 20 years of technological and business management experience. Before joining BRM Capital, he served as vice president of communication networks at Lucent Technologies. In 1993, he founded and served as CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of WaveAccess, a company dedicated to development of products for wireless networks. It was acquired by Lucent in 1998, and Ezra was named vice president there. For several years, Ezra was head of the department for Electronic Research in Israel's Ministry of Defense. Nir Barkat, managing director of BRM Capital, said, "Menashe Ezra's knowledge and expertise in telecom and wireless communication are valuable assets for BRM Capital, especially with the establishment of the new fund and in concurrence CONCURRENCE, French law. The equality of rights, or privilege which several persons-have over the same thing; as, for example, the right which two judgment creditors, Whose judgments were rendered at the same time, have to be paid out of the proceeds of real estate bound by them. Dict. de Jur. h.t. with our diversification into investments in these areas. His extensive experience as an entrepreneur and CEO of high-tech companies will contribute to BRM's identifying potential investments, while he also concurrently assists our present portfolio companies in strengthening their capabilities." Ezra holds B.S. in Electrical Engineering from Tel Aviv University Tel Aviv University (TAU, אוניברסיטת תל־אביב, את"א) is Israel's largest on-site university. and joins Nir Barkat, Charlie Federman and Mike Mers in the joint management of BRM Capital. About BRM Capital BRM Capital (www.brm.com) is a seed- and expansion-stage venture capital firm that invests funds primarily in Israeli-related infrastructure companies in the communications and software domains. With its headquarters in the US and advisors in Israel, BRM Capital is an investor that leverages its resources and expansive network for the benefit of its portfolio companies. Public portfolio companies include BackWeb (Nasdaq:BWEB BWEB Broadcast Web BWEB Bacula Web Interface ), Brio Technologies (Nasdaq:BRIO (Brio Technology, Palo Alto, CA, www.brio.com) A software company founded in 1989 and acquired by Hyperion Solutions Corporation in 2003 that specialized in enterprise analysis and reporting programs that run on several platforms. ), Check Point Software Technologies (Nasdaq:CHKP CHKP Check Point Software Technologies Ltd. (stock abbreviation, AMEX) ) and CrossWorlds Software Inc. (Nasdaq:CWLD). |
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