NEW YORK, April 21, 2008

Sarood Baig joined FTVentures in 2008 as an Associate with investment responsibilities in software and business services. Prior to joining FTVentures, Sarood worked in the Technology Investment Banking and Leveraged Finance groups at J.P. Morgan where he provided corporate finance and strategic advisory services to public and private companies in the enterprise software and communications equipment sectors. While at J.P. Morgan, Sarood focused on virtualization technology, supply chain management, and VoIP software. Sarood received a B.S. in Business Administration with a concentration in Finance from Indiana University.

About FTVentures
FTVentures provides growth capital to companies seeking to finance organic expansion, recapitalizations, build-ups and buyouts. The firm invests in software and business services companies that derive value from its unmatched Global Partner Network, which includes many of the world's leading financial institutions. FTVentures' Global Partner Network provides the firm with a unique vantage point into the business driven IT and operating challenges of the global enterprise. Founded in 1998, FTVentures currently has over $1 billion under management and offices in San Francisco and New York. For more information, please visit www.ftventures.com .