What sets EuclidSR Partners apart in the venture capital arena is our emphasis on collaboration. The General Partners create value through their active involvement in selecting and managing investments, and through regular dialogue among themselves, with portfolio company managements and with investors.

We use multiple resources to help build portfolio companies:

• Regular discussions about progress and challenges within the portfolio companies maximize our efficacy.
• We share our resources with customers, advisors and personnel for all companies.
• Our associate staff participates directly in value-added activities for our portfolio companies - frequently on-site - such as financial modeling, business development and market research.

The partnership's disciplined and collaborative investing procedures exploit the unique combination of the General Partners' strengths and resources. Our overall investing strategy is structured to ensure the right level of active influence in the development of each portfolio company. Our regular dialogue with our investors benefits them, our networks and our portfolio companies.

Investing Procedures: Disciplined and energetic

We believe the best way to provide superior returns is to work as a team. This team approach involves the following key procedures:

• All General Partners contribute their expertise to assessing investment opportunities.
• At least two General Partners lead due diligence activities.
• Investment decisions are made by general consensus of the General Partners.
• Board-level participation accompanies every portfolio company investment.

This approach benefits both our portfolio companies and our investors. It is the basis of our active, but measured, involvement with our entrepreneurs and the portfolio company information that we share with our investors.