PASSION FOR IDEAS
IPOs and acquisitions*
 Actelion
Indication for pulmonary arterial hypertension (PAH), a life-threatening disorder which severely compromises the function of the lungs and heart. IPO on SWX in April 2000.
 Altitun
Tunable lasers for telecom networks. Sold to ADC Telecommunications (ADCT) in May 2000.
 AudioSoft
Digital rights management for music on Internet. IP sold to Macrovision (MVSN) in June 2002
 Avalon Photonics
Optical components, vertical cavity lasers 'VCSEL' for datacom and sensing applications. Sold to Bookham (BKHM) in March 2006.
 Axovan
Founded in April 2000. Discovery and development of small molecules active on novel G protein-coupled receptors. CHF38 Mio raised, 60 employees. Most advanced project (Phase II): sub-arachnoid haemorrhage. Acquired by Actelion (ATLN) in October 2003.
 Calera
Optical Character Recognition (OCR). Sold to Caere (US) in December 1994. Caere subsequently merged with Scansoft then Nuance.
 Chipidea Microelectronica
CMOS analog semiconductor chipset, IP and services. The company was acquired by MIPS Technologies on Aug 27, 2007.
 Cirpack
Softswitches provider for Telecoms Operators. Sold to Thomson in April 2005.
 Dolphin Interconnect
High performance interconnection bus. Sold participation in November 1996.
 EndoArt
Medical technology company with a device to treat morbid obese patients. A gastric band restricts food intake, and is remotely controlled by the medical doctor. Company sold to Allergan (AGN) in February 2007.
 M7
Web application development platform. Sold to BEA in November 2005.
 Massana
Gigabit Ethernet chipset. Sold to Agere (AGRA) in November 2003.
 MathSoft
Technical calculation software for applying mathematics to engineering. Nasdaq IPO in February 1993.
 Mobile News Channel
Mobile content distribution platform and services. Sold to Alcatel in 2004
 Native Networks
Multi-protocol Metro Ethernet solutions over SDH/SONET. Sold to Alcatel in March 2005.
 Noise Cancellation Tech.
Noice cancellation solution. Nasdaq IPO (NCTI) in October 1998.
 Paion
Indications of stroke and the related indications neuronal damage and thrombotic disease. IPO on Frankfurt exchange (PA8) in February 2005.
 PolySpace Technologies
Software testing and debugging for embedded applications. Sold to Mathworks (US) in April 2007.
 Sandisk
Flash memory semiconductor and products. Nasdaq IPO in November 1995.
 Saqqara
Electronic Catalogue and sales configuration software for e-commerce. Sold to PartRiver in 2006.
 SCM Microsystems
Conditional access security systems for encryption, payment and data storage. SCM went public at end-1997 in a dual listing on the Nasdaq and the Neuer Markt.
 Seatex
GPS System for mapping, shipping and offshore undustry. IPO on the Olslo Exchange in January 1994.
 Thommen Medical
Develop, manufacture, and market dental implant systems. Sold participation in January 2006.
 Trintech
Transaction reconciliation software and payment infrastructure solutions. Nasdaq IPO in Spetember 1999.
 Virata
High performance semiconductor and integrated comminication software for DSL networks. Nasdaq IPO in November 1999.
 Visual Wireless
Revenue assurance solution for Telecom Operators. Company was sold to Martin Dawes Systems (UK) in 2005.
 Wesco
Automotive parts. Reg S, sold participation in October 1993.




*) includes investment advised by Endeavour, Vision & Genevest
partner of the European Tech Tour "Endeavour works with their CEOs to help them make the right moves at the right time, on every side of the management of the company : organization and people, financials, partnerships, technology investment, sales and marketing. This makes them a real help for the CEO as we can discuss not only financials, but more importantly operational and business matters intelligently and efficiently, with a very strong bias toward results"
Jacques Clay, Executive Chairman, Polyspace Technologies SA