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Newman Brings 20 Years of Technology and Investment Expertise to NeoCarta Ventures, a Leading Venture Firm Investing in the Media, Software and Communications Sectors SAN FRANCISCO, Nov. 3 // -- NeoCarta Ventures, a $300 million venture capital firm that invests in early and mid-stage technology companies, announced today that Barry A. Newman has joined the firm as a Venture Partner. Drawing from his exceptional technology advisory and investment expertise, Newman will help manage NeoCartas current portfolio and pursue new investment opportunities for the firm. Newman led NeoCartas recent investment in Handango, the worlds leading provider of smartphone content. "Barry Newman brings more than two decades of experience as an executive, advisor and investment banker guiding corporate investment and growth strategies," said Tony Pantuso, Managing Director of NeoCarta Ventures. "He will be an invaluable asset in helping our existing and future portfolio companies in choosing a path to ultimate success." Newman joins NeoCarta Ventures after several years as an investor and advisor to emerging growth companies; he had previously been with Bear Stearns, where he was a Senior Managing Director and Vice Chairman of the Technology Group. Prior to Bear Stearns, Newman served as the Head of Global Technology Corporate and Investment Banking for Banc of America Securities and its predecessor Nationsbanc Montgomery Securities and as the head of Global Technology Corporate finance at Salomon Brothers and Salomon Smith Barney. Newman was a principal and served as CFO of Anthem Partners, a boutique merchant bank. Newman has served as CEO and CFO of several privately held financial services and manufacturing organizations. Newman received a Master of Laws (Taxation) from New York University Law School and received a JD from Stanford Law School and an MBA from the Stanford Graduate School of Business. He received Bachelor of Science degrees in both Chemical Engineering and Life Sciences from the Massachusetts Institute of Technology. "I look forward to helping NeoCarta continue to grow its portfolio of technology company winners in the years ahead," Newman said. "This firm has a great team and a great portfolio and I am eager to play a role in helping the firm and its companies grow in the coming years." About NeoCarta Ventures NeoCarta Ventures is a leading venture capital firm specializing in early to mid-stage technology investments. The firm focuses on investments in IT infrastructure, software, hardware, networking, media and wireless. With offices in San Francisco and Boston, NeoCarta partners backgrounds include senior investment experience with outstanding track records at GE Capital, Thompson and NBC. NeoCarta works closely with entrepreneurs and actively adds value by providing strategic guidance, team-building skills, industry knowledge and operating expertise. With NeoCartas unique mix of financial, operational and technical expertise, the firm is able to add value at all stages in a companys development. NeoCartas website address is: http://www.neocarta.com . s.server=server() s.channel="News Release" s.pageName="NeoCarta Ventures Announces Barry A. Newman as Venture Partner" s.prop2="109" s.prop3="11-03-2006" s.prop4="" s.prop5="" /************* DO NOT ALTER ANYTHING BELOW THIS LINE ! **************/ var s_code=s.t();if(s_code)document.write(s_code);
 
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