|
 |
PointBase Adds Helix Investments' Vice President to Board of Directors
SAN MATEO, CA, August 23, 1999 PointBase, the market leader in 100% Pure Java embedded database technology, today announced that Jim Wooder, Vice President of Helix Investments (Canada) Inc., a $300 million North America-based venture capital company, has joined the PointBase Board of Directors.
Currently focused on early-stage investments in technology, software, and telecommunications at Helix where for the past five years he has been responsible for making new investments and managing the existing portfolio, Jim Wooder brings to PointBase's Board twenty years of investment management experience. He has held senior management positions at such financial institutions as Citibank Canada, where he served as vice president of the Investment Capital Division; Canadian Mezzanine Investments, where as senior vice president he was responsible for making and managing investments in private companies past the start-up stage; and The Middlefield Group, where he consulted in both the Real Estate and Venture Capital areas. Wooder joins existing Board members Brian Grossi, General Partner, AVI Management Partners; David Crockett, General Partner, Aspen Ventures; Nigel Stokes, CEO, DataMirror; and Bruce Scott, PointBase President and CEO.
"We're pleased to welcome Jim to our Board, and believe that his extensive and varied investment management experience in the Canadian market not only brings an international perspective to our young company, but also broadens our combined market expertise," said Bruce Scott, PointBase president and CEO. "With each step - whether it's an advance in technology, partner relations, funding, or management - we increase our momentum into the exploding embedded database market for Internet, mobile, set-top and PDA applications."
The PointBase Board of Directors
E. David Crockett, General Partner, Aspen Ventures
Crockett was a founding partner of Aspen Ventures in 1991. From 1987 until 1991, he was a Vice President at 3i Ventures and before that spent 26 years in the computer industry. As President/CEO, he took Pyramid Technology public and focused it on database applications. As President/CEO of Dataquest, he built the company into the world's largest technology market research firm.
Aspen Ventures invests in young, dynamic, information technology companies, particularly those in software and data communications with compelling, highly differentiated technology-based solutions that address large markets. Aspen makes a long-term commitment when investing in a company and works with management to set realistic performance expectations based on its experience in strategic and financial planning.
Brian J. Grossi, General Partner, AVI Management Partners
Grossi has been providing seed and early-stage financing to high-technology firms in Silicon Valley and Southern California since 1982. He began his career in the R&D Department of Hewlett-Packard's Opto-Electronics Division and did groundbreaking design work for HP Laboratories. After six years at SRI as a Research Engineer and Project Leader, Grossi co-founded Alpha Partners in 1982, Alpha Partners II in 1984, and Alpha Partners III in 1988. Currently, besides serving on the PointBase Board, Brian is also a Director of Digimarc Corporation, Vivant!, Intraspect Software, nCommand, Inc., Inviso, Inc., Apptitude, Inc., Aptia Inc., and is a Board observer for Objectivity, Inc.
AVI Management Partners III is the General Partner of a family of professionally-managed venture capital partnerships specializing in seed and early-stage investments in high-technology companies positioned for high growth segments of the Information Technologies market. In addition to capital, AVI brings extensive operating experience and a network of contacts in the financial, business, and technical worlds to assist the emerging company to develop its full potential.
Nigel W. Stokes, Chairman, President and CEO, DataMirror Corporation
Stokes, a Certified Management Consultant, worked as a computer consultant for more than 15 years, initially in technical roles with such organizations as DuPont Canada, Rio Algom and the Toronto Stock Exchange, and later as a Principal with Ernst & Young in the computer consulting field. In 1986 he founded Nidak Associates Inc., a client/server and relational database consulting firm, which in 1993 was sold to SHL Systemhouse, a worldwide system integration and computer consulting firm for which Stokes became a Managing Director. After a transition period with SHL during which time he substantially increased both sales and profitability, he left in October of 1994 to help launch DataMirror.
DataMirror Corporation develops and markets enterprise data replication and transformation software for business applications such as loading and replenishing data marts and warehouses, data and workload distribution, high availability and backup and recovery, application integration, and content delivery for electronic business solutions. DataMirror's products are used across the industry spectrum by organizations in financial services, automotive, food and beverage, entertainment, manufacturing, retail, healthcare and pharmaceutical, natural resources, and other fields.
Bruce Scott, Founder, President and CEO, PointBase
Scott has more than 20 years experience in the database development industry. With Larry Ellison, Bob Miner and Ed Oates, Bruce co-founded Oracle in 1977 where he co-authored the first three versions of the Oracle database. After that, he co-founded Gupta Technology (now called Centura Software) in 1984, where he came up with the notion of the small footprint workgroup server for the Intel-based platform, and delivered to the marketplace Gupta's SQLBase - the first database designed specifically for PC LANs. Bruce was also a founder and principal at inquiry.com, an Internet company that developed an early "portal" focused on providing information to IT decision makers.
About PointBase
The PointBase collection of 100% pure Java database management products supports the development of applications for mass deployment across the Internet, mobile applications for global enterprises, and embedded applications for PDAs and devices. Based on its micro footprint, data synchronization, and self administration features, PointBase enables Java developers to create extremely portable multi-threaded data management solutions that can function autonomously on servers, clients, and infrequently connected devices such as PDAs and laptops. PointBase was established in 1998 by Bruce Scott, co-founder of Oracle Corporation and Gupta/Centura Software, and Jeff Richey, one of the key developers of the Sybase SQL database server. The management team includes industry veterans from IBM, Oracle, Sybase, Hewlett-Packard and Sun Microsystems. More information about PointBase is available on the World Wide Web at http://www.pointbase.com.
Note to Editors PointBase, Dynamic Footprint, and Adaptive Management are trademarks of PointBase in the United States and other countries. All other product, trademark, company or service names mentioned herein are the property of their respective owners.
|