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PASSIVE INVESTMENTS
Current and Past Investments
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ADVERTISING.COM, INC.
Baltimore, Maryland

Company and its investors provided venture capital to a unique direct marketing company that facilitates business-to-business transactions between online-advertisers and web sites. Advertising.com was sold to AOL in 2004.

   

AMERICASDOCTOR.INC.
Owings Mill, Maryland

Company and its investors provided venture capital to an Internet medical information and services web site on America Online. In addition, the Company worked as a consultant on the business plan. AmericasDoctor.Com, Inc. merged with a site management organization in January .

   

OCTAGEN CORPORATION
Bala Cynwyd, Pennsylvania

Octagen Corporation is a privately held biopharmaceutical company whose mission is to develop and commercialize improved therapies for hemophilia and other genetic disorders.

   

ENVIROGRO SOLUTIONS, INC
Dublin, PA

Company provided environmental solutions to the agricultural industry.

   

FASTTRACK SYSTEMS, LLC
Horsham, PA

Provided venture capital to FastTrack Systems LLC. FastTrack manufacturers and markets the FastStuff Paper Packaging System, which is an advanced system that automatically feeds, crumples, cuts and dispenses recycled paper to use as void fill and cushioning for protecting products during shipment.

   

WORLDGATE COMMUNICATIONS, INC.
Bensalem, Pennsylvania

Company and its investors participated in a mezzanine round of preferred stock. WorldGate provides Internet access through a new cable service that brings subscribers low-cost web access and e-mail. WorldGate had a successful initial public offering on April 15, 1999

   
 

NETINTER@CTIVE
LaJolla, California

Purchased shares of common stock in the company. Netinter@ctive develops and distributes sticky interactive applets and informative video streams for web sites that horizontally intersect specific market segments.

   
 

ASSURENET LTD
Bethesda, Maryland

Company and its investors provided venture capital to a firm, which provides Internet enabling software to the insurance industry.

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