Cam Lanier Joins Kinetic Ventures as Partner

Noted Entrepreneur And Early Stage Investor To Bring His Unique Deal Flow,
Investment Acumen And Company Building Skills To Kinetic Ventures, LLC
ATLANTA--(Business Wire)--
Kinetic Ventures, the Atlanta and Washington, DC-based venture capital firm,
today announced that Campbell B. Lanier III has joined the firm as Partner.

"I am delighted to call Cam my partner," said Nelson Chu, Managing Director in
Kinetic Venture`s Atlanta office. "He brings a truly unique and proprietary deal
flow to Kinetic Ventures. What`s more, entrepreneurs who have worked with Cam
will tell you that his support and involvement in their companies changed the
arc of their trajectory and amplified the success they might otherwise have
had."

"Kinetic has enjoyed its fair share of success as an early-stage investor in
companies like Ciena, Corvis, Cerent and Vertical One," added Jake Tarr,
Managing Director in Kinetic`s Washington, DC office, and I`m pleased to say we
have backed the entrepreneurs from each of these companies again because we
focus on lasting relationships with our successful entrepreneurs. Cam`s the same
way. People want to work with him over and over again."

Lanier is currently the Chairman of ITC Holding Company, LLC through which he
has made a number of noteworthy early stage investments in telecom, technology
and financial services related companies. Prior to forming ITC, Cam and his now
retired business partner William H. Scott III formed Interstate Communications
(Telecom*USA), which grew to be the fourth largest long distance provider before
it was sold to MCI in 1990 for $1.2 billion. Lanier was later the founding
investor and Chairman of PowerTel. PowerTel was acquired by Deutsche Telecom for
$4.2 billion in 2000.

"Joining Kinetic Ventures was an easy decision for me. We like the same kinds of
investments and we share the same values," said Lanier. "They are smart guys who
are focused on their business. I like that," he added.

Lanier was the founding investor of Mindspring Enterprises, a pioneer in the
Internet Service Provider arena that was valued at $1 billion when it merged
with Earthlink. Mr. Lanier was also the founding investor in Firethorn, a mobile
payments company that was acquired in the fall of 2007 by Qualcomm for over $200
million.

About Kinetic Ventures

Kinetic Ventures with offices in Atlanta and Chevy Chase, MD is an early stage
investor in communications, information and power/clean technology companies.
Since 1985, the firm has organized and managed eight venture funds and partnered
with outstanding entrepreneurs to build world-class enterprises like Broadware,
Calix, Cerent, Ciena, Corvis, Metricom, NetCore, Peace Software PlaceWare, and
Vertical One and others.

The Dilenschneider Group
William G. Armstrong Jr., 212-922-0900
warmstrong@dgi-nyc.com

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