Mobile Industry Veteran Bob Borchers Joins Opus Capital as General Partner

MENLO PARK, Calif.--(Business Wire)--
Early-stage venture capital firm Opus Capital today announced it has named Bob
Borchers as a general partner. Borchers comes to Opus from Apple, Inc.
(NASDAQ:AAPL) where he served as senior director of Worldwide Product Marketing
for the iPhone. At Opus Borchers is focused on investments in mobile
applications and services as well as adjacent opportunities in both hardware and
software.

As part of the original iPhone team, Borchers was instrumental in the
development, launch and global expansion of the revolutionary iPhone, iPhone OS,
App Store and the recent launch of the iPhone 3GS. While at Apple he also led
the Nike+iPod partnership, expanded the iPod accessory ecosystem, and forged
relationships with every major auto company to provide iPod integration.

"The iPhone not only reinvented the mobile phone, it has created myriad new
markets for applications and services," said Borchers. "I am thrilled to have
the opportunity to work with entrepreneurs in accelerating the growth of these
new markets as well as other emerging technology markets."

Prior to Apple, Borchers was vice president of marketing at FusionOne, a pioneer
in creating and marketing mobility solutions. Borchers also spent six years at
Nokia where he co-founded and served as vice president of sales and marketing
for the Vertu business unit. Prior to his tenure at Vertu, Borchers held several
senior-level marketing positions at Nokia where he successfully positioned the
mobile phone as both a technology and lifestyle product. Before his career in
the mobile industry, Borchers worked for Nike, Inc. in Beaverton, Oregon, where
he led efforts in product and service personalization. He began his career doing
research and development in prosthetics.

Borchers holds a Bachelors Degree in Mechanical Engineering from Stanford
University and a Masters Degree from a joint program between the Massachusetts
Institute of Technology and the Harvard Medical School in Health Sciences and
Technology. He has more than 30 patents granted or pending.

"Bob is a tremendous addition to our investment team, bringing deep experience
in mobile technologies and consumer markets," said Carl Showalter, general
partner, Opus Capital. "His extensive operating experience, skills and expertise
are invaluable assets to entrepreneurs building the new companies in which we
will invest, as well as our current portfolio of companies," added Dan Avida,
general partner, Opus Capital.

About Opus Capital

Opus Capital is an early-stage venture capital firm with more than $1 billion of
committed capital under management, investing in committed, high integrity
entrepreneurs building market-leading technology companies. The team has strong
operational expertise and has partnered with entrepreneurs to create successful
outcomes for more than 80 companies (including 50 IPOs) in the U.S. and in
Israel including Adaptec, AirGate PCS, BlueNile, Brocade, Ciena, DoubleClick,
Electronics for Imaging, FedEx, Genesys, Harmonic, Informatica, Kidaro, and
Vantive. Opus Capital is headquartered on Sand Hill Road in Menlo Park,
California. For more information, visit www.opuscapital.com.

Rainmaker Communications
Stacy Peña, 650-965-2985
stacy@rainmakercommunications.com

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