Ed Esber Leads Halo Funds.

PALO ALTO, Calif. -- The Halo Funds announced today that Ed Esber, a long-time partner with the funds, has accepted the Co-Managing Member responsibilities for all the current and future Halo Funds. His new responsibilities will primarily focus on expanding the portfolio management role. His co-managing member, Carol Sands, will continue to interact with portfolio companies but will focus more on fund administration and investor relations.

"With three active funds, we needed Ed's expertise focused more intensely on our portfolio companies that are nearing a liquidity event," said Carol Sands, Halo Fund Founding Partner. "Selecting great companies is important to the success of any venture fund, but helping structure the best 'liquidity event' makes the difference between a normal and a very profitable fund for the Limited Partners, " stated Esber. "I am excited about the success our remaining Halo Funds' portfolio companies are anticipating."

Ed Esber has over thirty years experience in the computer and software industry. Business Week magazine and Computer Reseller News have identified Ed as one of the pioneer and visionary leader of the personal computer industry who is credited with developing the marketing and distribution strategies for two of the world's best selling software packages of the 1980s, VisiCalc and dBase. Ed has started, grown and/or turned-around over fifteen companies, many of which became public companies or where acquired.

Ed is on the Board of Directors for Quantum, BenefitStreet and iTaggit. He was the CEO or President of Ashton Tate, Creative Insights, Creative Labs, Pocket.com and SoloPoint. He started his career by working for Texas Instruments, IBM and Digital General. Ed has also taught an MBA course ("Starting and Managing a Successful Startup") at the Weatherhead School of Business at Case Western Reserve University. He has an M.B.A. from Harvard Business School, an M.S. in Electrical Engineering from Syracuse University and a B.S. in Computer Engineering from Case Western Reserve University.

The Halo Funds now manages three Silicon Valley based venture capital funds. They represent a unique opportunity to invest in a managed portfolio of start-up companies that are high risk but offer higher returns for investors if successful. The Halo Funds focus on investments with leading edge/disruptive technology or business models in medical devices, consumer products, IT, internet, or eBusiness industries. All three funds share their portfolio companies with The Angels' Forum, Silicon Valley's only group of professional angel investors. The Funds have also co-invested with the best venture funds in Silicon Valley such as Draper Fisher Jurvetson, Kleiner Perkins, Onset Ventures, Sequoia Capital and USVP.