DragonVenture Promotes Edwin Yeh To Vice President of Technology

SAN JOSE, Calif. July 25, 2001 — DragonVenture, Inc. (www.dragonventure.com), a premier cross-Pacific venture capital, soft incubation and consulting company, today announced the promotion of Edwin Yeh from Director of Project Management to Vice President of Technology. His responsibilities include technical due diligence and refinement of business development for DragonVenture’s existing and potential portfolio companies.

“Edwin’s technical expertise, market-savvy and entrepreneurial background provides our portfolio companies with tremendous strategic value that significantly increases business opportunities in North America and Greater China,” said DragonVenture Chairman and co-founder Bobby Chao.

Yeh co-founded two high technology companies and currently serves as Board Director for Covault Corporation, a provider of billing infrastructure software for wireless data service providers and carriers. Prior to DragonVenture, he was the first Technical Account Manager for NetIQ Corporation, a leading e-business system management firm. While there, he worked with some of the world’s largest server environments for companies such as Dell, Arthur Andersen, Shell, Microsoft, and Wal-Mart. Yeh holds a BS in Computer Engineering from Georgia Institute of Technology and an MS in Biomedical Engineering from Case Western Reserve University. As a former PhD candidate, he has published over 20 papers in peer-reviewed journals and has several patents pending.

About DragonVenture, Inc.
Launched in June 2000, DragonVenture, Inc. is a premier cross-Pacific venture capital, soft incubation and consulting company specializing in the Greater China marketplace. DragonVenture focuses on emerging companies in the areas of telecommunications, Internet infrastructure and the Linux operating environment. The company provides startup and soft incubation consulting to its portfolio companies. DragonVenture, Inc. is located at 20 Great Oaks Blvd. Suite 130, San Jose, CA 95119. For more information visit www.dragonventure.com.