FOR IMMEDIATE RELEASE

Highland Capital Partners Announces Appointments of Jon Auerbach
and Fergal Mullen to General Partner

LEXINGTON, MA – May 24, 2004 – Highland Capital Partners, a leading venture capital firm, today announced that Jon Auerbach and Fergal Mullen have been promoted to the position of General Partner. The move reflects Highland’s active investment strategy and continued growth plans.

“Jon and Fergal bring a rare combination of technical knowledge and business expertise to the firm and their portfolio companies,” commented Bob Higgins, Managing General Partner. “This promotion reflects their accomplishments in the wireless and software industries and the contributions they have made to the firm’s growth.”

Jon Auerbach has been with the firm since 2000 and focuses on investments in the communications sector, specializing in wireless infrastructure opportunities. He has led or co-led Highland’s investments in Kodeos Communications, Optasite, SmartLink Radio Networks, Starent Networks and Tatara Systems. With a background as a business journalist covering the wireless industry for the Wall Street Journal and the Boston Globe, Jon brings to bear strong relationships and unique perspective on behalf of his portfolio companies and the firm. Jon is also a distinguished presenter on wireless and technology trends worldwide, and has been a featured speaker at industry conferences such as CTIA, GSM World and WCNC.

“Jon has been instrumental in positioning Highland as a smart investment partner in one of the hottest and most competitive technology sectors,” said Paul Maeder, Managing General Partner. “His accomplishments have been outstanding to date and we are proud to have him on our team.”

Fergal focuses on software and services companies in North America and Europe. He currently represents Highland on the boards of VistaPrint, Coremetrics, M7, ELEVEN Technology and Topica, and is actively involved with Performix Technologies. Fergal brings a blend of operations, venture and international experience to his investments, and is well positioned to work with both early and growth stage management teams to help build leading companies. Before joining Highland, Fergal served as Founding Partner of RSA Ventures, the corporate venture fund of RSA Security Inc. Prior to that, he was Senior Vice President at Cambridge Technology Partners, where he was among the core founding team. In 1993 he launched their European operations and ultimately held operating responsibility for that business.

“Fergal has demonstrated exceptional commitment and skill in evaluating opportunities and building successful companies,” said Dan Nova, Managing General Partner. “His background, deep relationships, and stellar reputation overseas, are instrumental in the firm’s efforts to explore growth stage investments and opportunities across North America and Europe.”

Highland participated in 12 investments in the first quarter of 2004 and remains one of the most active firms in the industry according to the PricewaterhouseCoopers MoneyTree™ Survey, a quarterly study of venture capital investment activity in the United States. The firm’s investment team is comprised of Jean-Luc Abaziou, Jon Auerbach, Sean Dalton, Bob Davis, Bob Higgins, Paul Maeder, Martin Mengwall, Fergal Mullen, Corey Mulloy, Dan Nova and Jo Tango.

About Highland Capital Partners
Highland Capital Partners was founded in 1988 with the mission of helping great people with great ideas build great companies. The firm emphasizes a team-oriented approach in providing the right mix of strategic guidance, hands-on leadership, and deep industry domain expertise for helping entrepreneurs and their teams become market-leading organizations. Highland has invested in and worked to create such firms as Altiga Networks, Ask Jeeves, Avid Technology, Be Free, CheckFree, EXACT Sciences, GenVec, HighGround Systems, Lycos, MapQuest, New Oak Communications, Ocular Networks, Odyssey HealthCare, Sybase, Telica and WebLine Communications. For more information, visit Highland’s web site at www.hcp.com.

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For more information, contact:
Highland Capital Partners
Michael Gaiss
Senior Vice President
(781) 861-5517
mgaiss@hcp.com

Horn Group, Inc.
Stephanie Fallon
(781) 356-7144
sfallon@horngroup.com