A. Montreux is now investing out of two funds totaling $170
million
of committed capital.
Software
Secure
Many colleges and high schools throughout the country have instituted
laptop programs
which provide a laptop computer for every student."
"With the obvious increased demand for computer
-based testing, Software
Secure is proud to provide secure testing solutions for every member of the
education community regardless of computer choice," says Winneg.
schulman motwani
Prior to
joining Montreux, he
was a manager of new business development at
Pharmacia Corporation (now Pfizer and previously Monsanto
Company),
responsible for strategic development, in-licensing, acquisitions and
investments in
life sciences companies and technologies. The firm's investment team brings more than 60
years of
operating and investing experience as entrepreneurs, managers
and investors to their portfolio companies
.
Software Secure helps high schools, colleges, graduate schools, and
professional testing
organizations attain the benefits of computer-based
testing without the harmful consequences of electronic
cheating.professor karger
These statements reflect the Company's current beliefs,
and a number of important factors
could cause actual results to differ
materially from those expressed in this press release.
"We started using Software Secure's Windows version of Securexam last year
because the demand from
faculty and students was just too great not to
offer a secure computer-based testing solution," said
Daniel Manier,
Director of Information Technology at Notre Dame Law School.saugata professor
Andreev is an Associate
with Draper Fisher Jurvetson.
giorgi ortiz
com
from the Stanford Graduate
School of Business
, and a B. Software Secure works with colleges,
graduate schools, K-12, and certification exam organizations
to develop
tools that unleash the powerful benefits of computer-based learning.caltech dept
B.TinyTechVC. Ensuring
that students can use computers to take tests
without being able to cheat has resonated well at these
schools.motwani caltech
For more information
about Montreux Equity Partners, visit www. In
addition, he previously
was an Associate with Renaissance Capital
Group/Sputnik Funds, a large private equity venture capital
fund in
Moscow. Mr. Securexam transforms any computer into a secure
test-taking terminal so students
can take a test without being able to
access any pre-existing information or the Internet. Please
visit
http://www.giorgi madhu
----Montreux
Equity Partners, a private equity firm focused on healthcare and
life
sciences investing, today announced that Manish Chapekar has been
named General Partner and
Managing Member of the firm.
from the Stanford Business School.
About Montreux Equity Partners:
Montreux Equity Partners, founded in 1993, is a private equity
firm specializing in investments
in healthcare and life sciences
companies. By
providing software solutions that prevent the misuse
of computers, the
Company has enabled institutions throughout the world to improve the
teaching
and testing process.giorgi theoretical
Mr.
ortiz professor
, Skinmedica, Somaxon
Pharmaceuticals and TransOral Pharmaceuticals
. Andreev will be one
of the Company's four decision makers with respect to all of its
venture
capital investments along with Charles E. with honors in Engineering/Material
Sciences from the Moscow
Steel and Alloys Institute.
Detailed information about Harris + Harris Group and its holdings
can
be found on its website at www. "We are
thrilled that rather than borrow or rent PCs to take exams
, our Mac
students will now be able to use Securexam on their own computers.
madhu giorgi
Turner III, founder
and general
partner of Montreux.
Andreev received his Ph.S.com/ for more information.japaridze theoretical
"
Since
Mr.
Mr. Chapekar received his Bachelor of Technology degree from the
Indian Institute of Technology
, Bombay.
Harris + Harris Group is a business development company with
17,248,845 common shares
outstanding. Except as otherwise required by Federal
securities laws, Harris + Harris Group, Inc
.theoretical japaridze
B.A. The Company's last 22 initial private equity
investments have been in tiny-technology enabled
companies.
Software Secure is headquartered in Cambridge, MA.The people actively involved in
research in theoretical computer science.
ortiz madhu
Harris + Harris Group Announces Alexei A. Andreev to Join Company
D. He also received an M. Just last
month, hundreds of aspiring lawyers sitting for the bar exam
were able to
word-process the essay portion of the exam on their laptops, rather than
suffer hand
-cramps from the long day of testing.
About Software Secure, Inc. Software Secure's suite of products
enables
students to attain the benefits of computer-based testing and learning,
without the harmful
consequences of electronic cheating or digital
distraction.ortiz professor
Chapekar
serves on the boards of Kanisa
Pharmaceuticals and Percutaneous
Systems and is actively involved with several other Montreux portfolio
companies, including Pulmonx, Inc. In addition, Mr. Harris, Douglas W. He was the
recipient of
the Scholarship for the Most Promising Young Scientist
from the Russian Academy of Sciences, the
State Scientific Scholarship
for Outstanding Young Scientists, the Scholarship from the
International
Center of Fundamental Physics and the Soros Science
Foundation Graduate Scholarship. Other
schools
are increasing the size of their computer labs so as to facilitate
in-class computing.
In
addition to preventing cheating, Securexam has proven to be a product
that benefits a number of constituencies
in education: students have an
easier time editing and revising their exam answers; teachers are
able to
grade exams quicker, editing them on screen or on legible print-outs; and,
schools are
able to leverage their growing investment in computers and
wireless networks.eecs mccarthy
Business Editors
NEW YORK----Harris + Harris Group,
Inc. Andreev worked for
TLcom Capital Partners, a London
-based venture capital fund. degree from the Moscow Steel and Alloys
Institute.com
This press
release may contain statements of a forward-looking
nature relating to future events.
Software
Secure, a pioneer in educational
software development, announced today the release of its popular
Securexam software product for the Mac OS X.softwaresecure.schulman papadimitriou
He also received a Masters of
Science
in Engineering from the University of Kentucky, where he
pursued graduate research in cellular bioengineering
and an M. Leff, and Mr.PRESS RELEASE Software Secure Brings Secure Computer-Based Exams to the Mac
ortiz eecs
Business Editors/Health/Medical Writers
BIOWIRE2K
MENLO PARK, Calif. "Manish has exhibited
an outstanding ability to
source, review and help manage investments in the life sciences field
and
we look forward to continuing this investment process with
Manish's guidance and energy. He was also
a researcher at the Centre of Nanotechnology,
Isan, in Troitsk, Russia, at the Laboratory of Nanophysics
. These forward-looking statements are
subject to the inherent uncertainties in predicting future
results and
conditions. With the release of the Mac
version, Software Secure has brought its Securexam
technology, which
enables high schools, colleges and professional testing organizations to
administer
computer-based testing to students with ease, efficiency and a
"cheat proof" security platform to
all test-takers regardless of which kind
of computer they use.japaridze computation
mepvc. Andreev has agreed to join the
Company in mid-March as an Executive Vice President and a Managing
Director. He
will establish
and direct the activity of a new Northern California
office for Harris + Harris Group.
Jamison
and Daniel V. Andreev will be involved in the
Company's strategic direction along with the Company
's other senior
officers., undertakes no obligation
to update or revise these forward-looking statements
to reflect new
events or uncertainties. The Company was founded
in 1999 with the mission to facilitate
the responsible incorporation of
computers into the learning process.hitachi papadimitriou
Montreux Equity Partners Names
Manish Chapekar General Partner
D., announced today that Alexei A. One of the biggest challenges
these schools face is
responsibly incorporating computers into the learning process so as to
maximize
the educational benefits while minimizing the potential negative
consequences.christos karp
"We are delighted
with Manish's progression to the role of general
partner at Montreux," said Daniel K.
Prior to
joining Draper Fisher Jurvetson, Mr.
Harris + Harris Group is a publicly traded venture capital company
that now makes initial investments exclusively in tiny technology,
including nanotechnology, microsystems
and microelectromechanical
systems (MEMS).theoretical dept
Mr.
"We are thrilled to support the throngs of
very vocal Mac users who want to
be able to use their computers to type legible, well-organized exams
, that
are easier for faculty to grade," says Software Secure founder and
President, Douglas Winneg
.ucb karger
viterbi saugata
Chapekar joined Montreux Equity Partners in 2001, he has
applied his industrial experience in new
business development to
private equity investments in the life sciences industry. Montreux Equity
Partners
has offices located in Menlo Park, California. Please see the
Company's Annual Report
on Form 10-K filed with the Securities and
Exchange Commission for a more detailed discussion of
the risks and
uncertainties associated with the Company's business, including but
not limited
to the risks and uncertainties associated with venture
capital investing and other significant factors
that could affect the
Company's actual results. In addition to creating a cheat-proof platform for
both
Internet-based and non-Internet based computer testing, Software Secure
products control
access to the Internet, facilitating classroom use of
technology without unwanted web-surfing.giorgi eecs
The
investment team at Montreux Equity
Partners includes Dan Turner, Howard Palefsky, Manish Chapekar
and
John Savarese, M.theoretical motwani
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