Toronto, Ontario, August 20, 2009 – VG Partners is proud to be named as one of the world’s top 100 venture capital funds in 2009 by Red Herring, a California-based technology focused publication.

A premier Canadian private equity investment group, VG Partners is the only privately-held Canadian firm to make the list. As well, it is the only Ontario venture capital firm to be honoured.

The rankings resulted from Red Herring’s eight months of research, over which it screened 1,000 firms worldwide on both a qualitative and quantitative basis. It analyzed the relative weight and contribution of each firm and used a multi-criterion, weight-averaged model.

Read Red Herring Press Release

“We are very excited to be named as one of the world’s top 100 venture capital funds by Red Herring,” said Pat DiPietro, Managing General Partner at VenGrowth. “It’s a real honour to be one of only three Canadian firms to make the list.”

“In the technology space, many of our investee companies have enjoyed enviable success. This includes being acquired by top-tier player such as Microsoft, Cisco, IBM and Compuware. As well, numerous of our portfolio firms have had successful initial public offerings on key stock exchanges like the TSX, AIM and NASDAQ,” added Pat DiPietro.

Over the past 25 years, VG Partners has backed over 200 companies including:

• Algorithmics, a world leader in software dedicated to helping financial institutions manage risk. The company was acquired by Fitch Group, a subsidiary of Fimalac.
• BelAir Networks builds the infrastructure for wireless Internet access and has successfully deployed hundreds of its wireless networks globally. With a 50% market share, Dell’Oro Group has declared BelAir the #1 worldwide market leader in its space for the past 8 quarters.
• Bridgewater Systems is a leader in providing software to telecom service providers. Research firm Infotenics recently named Bridgewater as the global market leader.
• Changepoint was acquired by Compuware. Changepoint’s integrated product continues to automate and integrate core business processes.
• Genesis Microchip is a leading supplier of display image processors for both the flat-panel and LCD monitor markets. The company successfully went public on both the TSX and NASDAQ stock exchanges, after which it was acquired by Europe’s biggest chip maker, STMicroelectronics.
• Q9 Networks is a leading Canadian provider of outsourced Internet infrastructure. Its shares now publically trade on the TSX.
  Sandvine develops and markets networking equipment that monitors and inspects Internet data traffic to make web surfing faster. Its customers include 150 service provider customers in over 60 countries representing over 50 million broadband subscribers.
• SiGe Semiconductor produces radio chips that enable wireless connections. Its chips are found in over 150 consumer electronics products including laptops, cell phones and game consoles made by industry leaders such as Apple, Nintendo, Sony, Dell and IBM.
  Syndesis, a developer and builder of custom data communications and networking software, was acquired by Subex Azure, whose customers include 32 of the world’s largest service providers.
• Tundra Semiconductor – Following a TSX initial public offering, Integrated Device Technology recently purchased Tundra for C$121 million.

About VG Partners

A premier Canadian private equity investment group, VG Partners builds innovative companies into global successes. Since 1982, we have invested over $1.3 billion in more than 200 North American companies, working alongside business owners to maximize potential. Our investment team provides an unparalleled hands-on approach and a breadth of industry experience within technology, life sciences and mezzgrowth industrial and consumer sectors. VG Partners is part of VenGrowth Private Equity Partners. For more, visit vgpartners.com

Media inquiries:
Tanya Gallus
Communications Specialist
416.628.9238
tgallus@vengrowth.com

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