Bill Joy Named Partner at Kleiner Perkins Caufield & Byers; ''Joy Joins KPCB to Work with Best Entrepreneurs''.

MENLO PARK, Calif. -- Kleiner Perkins Caufield & Byers -- an innovator in providing "venture and relationship capital"(SM) services to entrepreneurs -- is thrilled to announce Bill Joy has been named a KPCB partner, assisting scientists, entrepreneurs, and executives who want to change the world.

Bill Joy said, "I've worked with the KPCB network since co-founding Sun in 1982. The pace of innovation is accelerating - making this the best of times for entrepreneurs, and for me to become a KPCB partner. I look forward to working with technology entrepreneurs and with all my partners at KPCB."

John Doerr of KPCB said, "It's our tradition every year end to ask Bill what innovations, what important ideas are just over the horizon. Last month we agreed we should work together." Doerr added, "Whether the innovation is in Internet web services, software, architectures, energy, material science, info/life sciences -- or entirely new fields -- Bill's insights and relationships are respected and valued."

Brook Byers of KPCB said, "We've known Bill for 23 years, since he was a 27 year old co-founder of Sun. He's a proven entrepreneur with a broad intellect and a great mentor who cares about innovators. Bill's legendary passion for science and wide ranging interests will help KPCB entrepreneurs bring important new technologies to millions."

Joy added, "As a KPCB partner, I will continue to help entrepreneurs advance the Internet, develop wireless innovations, and find new ways of using large piles of computers to solve difficult problems. I'm also particularly interested in discoveries and inventions that solve energy and resource problems, and in applying 21st century advances in physics, chemistry and the natural sciences to help create abundance."

Eric Schmidt, Google CEO, said "This is clearly great news for the industry: Bill Joy has a rare talent to see where technology is moving and how it will impact society. He is an inspired addition to the already impressive KPCB team."

Bill Joy was Chief Scientist of Sun Microsystems. He led Sun's technical strategy from the founding of the company in 1982 until September 2003. While at Sun, Bill was a key designer of Sun technologies including Solaris, SPARC, chip architectures and pipelines, and Java. In 1995 he installed the first city-wide WiFi network. Bill has more than 40 patents issued or in progress.

Before co-founding Sun, Bill designed and wrote Berkeley UNIX -- the first open source operating system with built-in TCP/IP, making it the backbone of the Internet. Bill's many contributions were recognized in a Fortune cover story which called him the "Edison of the Internet."

Joy, 50, has a Bachelor's degree in Electrical Engineering from the University of Michigan, a Master's degree in Computer Science from the University of California, Berkeley, and a Ph.D. in Engineering, honoris causa, from the University of Michigan. Bill is a member of the National Academy of Engineering and the American Academy of Arts and Sciences, and is a trustee of the Aspen Institute.

Since its founding in 1972, KPCB has backed entrepreneurs in 450 ventures, including AOL, Align, Amazon.com, Citrix, Compaq Computer, Electronic Arts, Genentech, Genomic Health, Google, IDEC Pharmaceuticals, Intuit, Juniper Networks, Netscape, Lotus, LSI Logic, Sun Microsystems, Symantec, Verisign and Xilinx. More than 150 of the firm's portfolio companies have gone public. Many other ventures have achieved success through mergers and acquisitions.