Mitsui Ventures 三井ベンチャーズ(MVC、MCVP) ベンチャーキャピタル ベンチャー 三井物産 起業

NEWS 2008

[11/13/2008]

Edward Thompson and Tom Bevilacqua
Join InnoPath Board of Directors

Strengthened Board to Better Position Company for Future Growth

Sunnyvale, California, November 13, 2008—InnoPath Software, the leader in Mobile Device Management (MDM), today announced the addition of Edward Thompson and Tom Bevilacqua to the company’s board of directors.

Edward Thompson will be Chairman of the Audit Committee, a position he also holds on the boards of ShoreTel, Inc., Harris Stratex Networks, Inc. and SonicWALL, Inc. He has served as a senior advisor to Fujitsu Limited and as a director of several Fujitsu subsidiaries or portfolio companies since 1995. From 1976 to 1994, Mr.Thompson held a series of management positions with Amdahl Corporation including Chief Financial Officer and Secretary from August 1983 to June 1994, and Chief Executive Officer of Amdahl Capital Corporation from October 1985 to June 1994. Mr.Thompson is a member of the Advisory Board of Santa Clara University’s Leavey School of Business and holds a B.S. in aeronautical engineering from the University of Illinois, and an M.B.A. with an emphasis in operations research from Santa Clara University.

Tom Bevilacqua joins the InnoPath board as a representative of VantagePoint Venture Partners, an InnoPath investor, replacing Eric Ver Ploeg. Tom has more than 25 years of Silicon Valley experience as an executive, venture investor and advisor to technology driven companies. He co-founded ArrowPath Venture Partners, a successful early stage venture capital fund, and has served as a Managing Partner of that firm for the past seven years. Prior to ArrowPath, he served as an Executive Vice President of E*TRADE Financial, where he established E*TRADE’s acquisition and investment strategies. He was previously a Partner at two of Silicon Valley’s leading law firms and has served as an advisor of more than 200 public or private financings. He is a graduate of the University of California at Berkeley (BS) and the University of California, Hastings College of the Law (JD).

“Ed Thompson and Tom Bevilacqua bring years of operating and financial experience to InnoPath, experience that we will leverage across the management team as we continue to build InnoPath into the category leader in Mobile DM,” said John Fazio, President and CEO of InnoPath. With the world’s first commercial FOTA deployment, years of successful experience in global Tier 1 operators, 21 patents and eight consecutive quarters of profitability, the company has been received numerous awards including the Deloitte Silicon Valley Fast 50 and AlwaysOn AO Global 250.

About InnoPath

InnoPath Software is the global leader in Mobile Device Management, a technology that enables wireless operators to better and more cost effectively manage and deliver revenue-generating services for consumers and enterprises. InnoPath’s standards-based approach has proven successful at the largest wireless operators in the world, including AT&T, China Unicom, KDDI and Verizon Wireless. The InnoPath client has been adopted by leading handset manufacturers including Pantech, Samsung, and LG. InnoPath was recently recognized by AlwaysOn as an AO Global 250 Winner and by the Silicon Valley / San Jose Business Journal as one of the 50 fastest growing companies in Silicon Valley. Headquartered in Sunnyvale, California, InnoPath is privately held with offices around the world. For more information, visit www.innopath.com .