News: Portfolio 2005

VENTAIRA PHARMACEUTICALS ANNOUNCES $13.5M PRIVATE EQUITY FINANCING

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About PA Early Stage Partners

Founded in 1997, PA Early Stage Partners is an active and experienced venture capital fund that seeks portfolio companies located in the corridor from New York to Washington, D.C., with a primary focus on companies located in Pennsylvania. PA Early Stage invests in early stage Technology and Life Sciences companies, typically as a lead or co-lead investor. PA Early Stage currently has approximately 30 active portfolio companies and more than $235 million under management across three venture funds. For more information, please visit www.paearlystage.com.

About Fletcher Spaght Ventures

Fletcher Spaght Ventures, L.P. (FSV) is a venture capital fund investing in emerging growth high technology and healthcare companies. Established to build substantial, long-term capital appreciation, FSV invests in companies which build upon the strategy consulting practice of Fletcher Spaght, Inc., have business potential, and financing led by a top-tier venture capital firm. Of interest are companies in the areas of information technology (IT) and IT service, Internet, software, telecommunications, medical devices, healthcare informatics, biotechnology and healthcare services. FSV is location in Boston, Massachusetts. For more information, please visit www.fletcherspaght.com.

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