Crosspoint Venture Partners Ranked No. 1 in Fund Performance.

Business Editors

WOODSIDE, Calif.--(BUSINESS WIRE)--Feb. 28, 2001

Forbes Ranks Crosspoint No. 1 in Overall Distributed Return and No. 2

in Distributed Return and Estimated Non-Distributed Value

Crosspoint Venture Partners was ranked number one in overall distributed returns to its limited partners by Forbes in its February 23, 2001 article entitled "IPO Bubble Bath: The Venture Capital Edge." Crosspoint was ranked number two in distributed returns when combined with estimated non-distributed, returns.

Of the 20 venture capital firms surveyed by Forbes, Crosspoint topped the list by returning $29.60 for every $1 invested in 1996, with 88% of the fund distributed. According to Forbes, Crosspoint is representative of the most successful firms that have foregone investing in dot-coms in favor of segments such as network infrastructure, storage, broadband and e-business. Crosspoint's success is attributed in part to its investment strategy of architecting new industry segments and building leadership companies within them, and includes such sectors as digital synchronous line (DSL) networking, B2B e-commerce software and infrastructure, broadband communications, and Fibre Channel storage area networking.

"Building value for our limited partners through ground-breaking technology leaders is our primary focus," said Seth Neiman, managing partner for Crosspoint Venture Partners. "We invest not only in companies, but work hard at helping to architect new market segments. We've been fortunate to work with some great companies whose leadership in these segments has built new markets, economic growth and jobs, and serve as hot-beds of technological advancement."

Crosspoint Investing Focus

Crosspoint continues to focus on technology innovation with its current focus on the emerging Vertical Service Provider (VSP), and next-generation storage and networking and Collaborative Commerce Networks sectors. Crosspoint makes early stage investments in companies that are redefining business processes, bringing critical technologies to market, and are focused on business customers. In-depth information about Crosspoint's portfolio, investing focus and past successes is available at www.cpvp.com.

About Crosspoint Venture Partners

Crosspoint Venture Partners, (www.cpvp.com), a leading early-stage venture capital firm, leverages its base of $2 billion to provide the financial means and strategic guidance that enables development and growth of important new enterprises. The firm focuses on two emerging market segments: B2B, including Vertical Service Providers, Collaborative Commerce Networks as well as the Communications Infrastructure segment. Crosspoint's portfolio has achieved record returns with landmark investments in Ariba,Inc., Avanex Corporation, Brocade Communications Systems, Covad Communications, Digital Island, Inc., Efficient Networks,Inc., Foundry Networks,Inc., and Juniper Networks,Inc. Formed in 1970, the company has offices in both Woodside and Irvine,Calif.; and can be reached at 650/851-7600 or [e-mail].