Martin Falkevall joins InnovationsKapital as a new Investment Director in the Information and Communication Technology sector

Martin Falkevall has joined InnovationsKapital, one of the leading start-up and early stage venture capitalists in the Nordic region, as an Investment Director in the Information and Communication Technology team based in Stockholm. Martin, who is 36, has 9 years experience in the Nordic venture capital industry. He was previously with Capman Capital Management and with Swedestart Management. He joined Swedestart in 1997 as an Analyst, became a Partner in 2000 and remained with them until they were acquired by Capman in 2002, when he became a Partner at Capman. He has a Bachelor of Science degree in Business Administration and Economics and a Master of Science degree in Engineering Physics, both from Lund University. He has been a venture capitalist investing in the Information and Communication Technology sector since 1997 and, as a result, has gained investment experience of the sector for high growth companies requiring seed, start up, early stage and expansion capital in the Nordic region. “Martin brings a unique experience of successful early stage investments in the Information and Communication Technology sector and he compliments our team very well”, says Staffan Ingeborn, Managing Investment Director of InnovationsKapital. “His experience is an excellent fit with our strategic direction and focus and he will play an important role in our current and future investment growth and value creation”. ”I am delighted to join InnovationsKapital”, says Martin Falkevall “I have great respect for the business approach and competence InnovationsKapital has developed over the years, with a very strong commitment to their portfolio companies and capital growth. The track record of InnovationsKapital is impressive and I am pleased to be part of the company.” InnovationsKapital was founded in 1994 and is one of the Nordic regions leading venture capital firms for innovative early stage high growth companies. The business is focused on investments within Information and Communication Technology and HealthCare & Life Science sectors that are rapidly expanding and where Nordic research plays a leading role. The capital is managed in four funds and is provided by highly reputable Swedish and international institutional investors. Stockholm 30 May 2006 For further information please contact: Staffan Ingeborn, Managing Investment Director InnovationsKapital (http://www.innkap.se/) Phone: + 46 31 60 9191 or + 46 70 583 1434 E-mail: staffan.ingeborn@innkap.se Martin Falkevall, Investment Director InnovationsKapital Phone: +46 708 47 73 16 E-mail: martin.falkevall@innkap.se