Millennium Firm Portfolio

Agility Communications was acquired by JDS Uniphase, (NASDAQ: JDSU) in 2005. Agility was a leader in widely tunable components for telecommunications equipment companies. Agility's products dramatically simplify and reduce the cost of operating optical networks.

Airvana (NASDAQ: AIRV) is a leader and innovator in broadband CDMA network infrastructure systems based on third generation wireless packet data technology. Networks based on Airvana's technology are supporting a wide range of mobile broadband information, communication and entertainment applications and millions of subscribers throughout the world.

Applied Minds, Inc. is a research and development company creating an innovative and diverse a range of new products and services in software, entertainment, electronics, biotechnology, and mechanical design. The company also provides advanced technology, creative design, and consulting services to a variety of leading global corporations. Applied Minds' spin-offs include Metaweb Technologies, TouchTable, and Applied Proteomics.

ArcSight (NASDAQ: ARST) is a leading provider of security and compliance solutions that identify and mitigate business risk and deliver a centralized view of enterprise-wide events across heterogeneous infrastructures. This real time and historic view into external attacks, insider threats and regulatory compliance provides enterprises, and government agencies with the intelligence and response capabilities required to effectively protect and manage their networks and their businesses.

Aventail Corporation was acquired by SonicWALL, (NASDAQ: SNWL) in 2007. Aventail was a leader in the SSL VPN market, providing crucial remote access and security solutions to enterprise customers. Aventail's appliances and managed services provide secure, seamless access from anywhere, to any application, on any device.

Axsun Technologies, Inc. develops advanced components and photonic subsystems used throughout the world's communication networks. Axsun has pioneered an entirely new class of fully functional, miniaturized spectroscopic instruments that enable dramatic improvements in quality, productivity, and performance across a variety of industries. These range from pharmaceutical manufacturing to high-speed industrial process control, chemical processing, medical diagnostics, forensics, and scientific discovery.

Comet was a software developer that provided consumers with desktop and email related products to enhance the web-browsing experience for users. Comet was acquired by Miva Inc., (NASDAQ: MIVA) in 2004 and Millennium has exited from this investment.

Connexus is the premier online, performance-driven marketing platform, offering a diversified, multi-channel approach to connect advertisers with their target customers.

Dov Pharmaceutical, Inc. (NASDAQ: DOVP) is a biopharmaceutical company focused on the discovery, in-licensing, development, and commercialization of novel drug. Millennium invested in Dov prior to its 2002 IPO and exited in 2004.

First Virtual Communications was acquired by RADVISION (TLV: RVSN) in 2005 through a bankruptcy and restructuring process led by Millennium. The company created leading software products that enabled interactive voice, video, and data collaboration over IP-based networks.

Global Options Group (NASDAQ: GLOI) provides risk management services to Fortune 100 companies, government and quasi-public institutions.

Hands-On Mobile, Inc. is a leading global publisher of mobile lifestyle, games and personalization products targeting all market segments of the mobile handset marketplace. With operations in four continents, Hands-On Mobile develops, publishes and distributes mobile content to more than 150 of the world's leading operators in 40 countries.

Indus International, Inc. was acquired by MDSI Mobile Data Solutions in 2007. Indus International offered one of the most diverse and functionally rich portfolios of solutions to help businesses increase operational efficiency, minimize costs, ensure regulatory compliance, and improve profitability.

Internap Network Services, Inc. (NASDAQ: INAP) is the leader in route control technology and offers high-performance IP solutions for business-critical applications. Millennium's predecessor funds were significant venture capital investors in Internap prior to the company's 1999 IPO and Millennium Technology Ventures was a lead investor in a $101 million PIPE transaction for Internap in 2001.

Based in San Francisco, Metaweb Technologies, Inc. was spun out of Applied Minds, Inc in July, 2005 to build a better infrastructure for the Web. Metaweb is considered a leading company in the emerging landscape of Web 3.0. Read more about Metaweb.

Multiplex Inc. is a leading supplier of high-performance optical components that enable next-generation communications networks to deliver voice, video and data services to consumers and enterprises around the world.

Neurobiological Technologies, Inc. (NASDAQ: NTII) is a biotechnology company engaged in the business of acquiring and developing central nervous system (CNS) related drug candidates. The company is focused on therapies for neurological conditions that occur in connection with ischemic stroke.

OpenPeak Inc. creates, designs, and develops innovative communication systems and devices that enable simple user control of VoIP telephony, digital media, Internet content, messaging applications, and consumer electronics.

Phobos was an award winning developer of SSL offloading and load balancing devices that delivered speed, reliability, and high availability to medium to large enterprises, service providers, and e-commerce sites. Phobos was acquired by to SonicWALL, Inc (NASDAQ: SNWL) in 2000.

Questia Media offers the largest online collection of books and articles from authoritative academic and commercial publishers.

Requisite Technology, Inc was a provider of Spend Data Visibility technology that enabled Spend Management and Master Data Management. The company's technology and services helped global manufacturing firms organize purchasing data. Requisite was acquired by Click Commerce in 2005, which was subsequently acquired by Illinois Tool Works, (NYSE:ITW) in 2006.

Tellme Networks, Inc. is a leader in "voice search", bringing to the telephone network many of the same ideas and breakthroughs that made the Internet searchable and customizable. Tellme improves how people and businesses use the telephone through a sophisticated speech interface. Tellme was acquired by Microsoft (NASDAQ: MSFT) in 2007.

Ubicom, Inc. develops communications and media processor (CMP) and software platforms that address the unique demands of real-time interactive applications and multimedia content delivery in the digital home. The company provides optimized system-level solutions to OEMs for a wide range of products including wireless routers, access points, VoIP gateways, streaming media devices, print servers and other network devices.

Wayport, Inc. helps some of the world's top brands enhance their customers' experience through wireless connectivity solutions. Wayport supports innovative organizations with breakthrough network management tools, serving nearly 12,000 directly enabled and managed locations across 35 countries. Wayport serves notable brands in a variety of vertical markets, including AT&T customers through a managed service agreement. Wayport facilitates wireless access at premier venues, including major hotels, McDonald's and Hertz locations, and other retail brands worldwide.

Wild Tangent, Inc. is the fastest growing online game property in the world with 11.5 million unique monthly gamers (comScore - July 2007) offering hundreds of the most popular online and downloadable games from the world's top developers and publishers including its own WildStudios, which publishes Polar Bowler, Penguins, Fate and many other titles.

World Waste Technologies, Inc. (OTC:WDWT) is commercializing a patented technology that will cost-effectively recycle municipal solid waste into material which can be refined and sold to box and paper manufacturers. The company is a leader in clean recycling technologies for a variety of markets.

World Wide Packets, Inc. provides one of the most technologically advanced and far-reaching solutions for optical broadband connectivity. In 2008, World Wide Packets was acquired by Ciena (Nasdaq: CIEN).