Opticality Ventures Recruits new Senior Associate

BRIARCLIFF MANOR, NY, April 17, 2000 -- Opticality Ventures today announced the addition of Matt Jacobus as a Senior Associate. Mr. Jacobus joins Opticality to work with portfolio companies in their technology and business-strategy implementations and to assist in the vetting of new ventures.

"Matt is one of the most talented technology professionals I have ever had the pleasure of working with," said Hadar Pedhazur, Founder and Principal of Opticality Ventures. "Opticality, as well as its current and future portfolio companies, will be fortunate to benefit from Matt's experience and dedication."

Prior to Opticality, Matt had a 13-year career both as an entrepreneur and corporate officer. He was a partner in the creation of two software companies, Objective Technologies and JF Technology. He served as Vice President in Equities at UBS where he had primary responsibility for the department's global risk system. He managed teams of software developers, designing and implementing complex distributed software systems for the desktop and Internet focusing on object oriented design, software reuse, programming, and debugging.

For further information, please visit www.opticality.com.