General Partners: Bernardo Llovera, Diana Propper de Callejon, and plus Mark Donohue. Principals: Kjartan Jansen, Rob Day and Alex Sloan.

Investors include: Piper Jaffray's CleanTech Fund of Funds, the Merck Family Fund, the Dutch based ASN bank venture capital fund, Georgieff Capital of Germany, and Henry Corning.

INFO SOURCES

Expansion Capital Partners, LLC

FIRM

Founded in 2002, Expansion Capital Partners, LLC, invests venture capital exclusively in expansion-stage, Clean Technology enterprises. The firm targets companies that offer dramatic improvements in resource efficiency and productivity, while creating more economic value with less energy and materials, or less waste and toxicity. Clean Technology Fund II, LP, invests in US and Canadian enterprises with current customer revenues of $2-20 million, combined with solid prospects of attaining $30-$50M in revenues within 3-5 years. The fund makes initial investments of $2M to $5M, with its Partners taking active, value-add Board roles. Expansion Capital has offices in San Francisco and New York.

NOTE

Clean Technology Fund II's portfolio includes:

• Agile Systems - Waterloo, Ontario - A global leader in the design and manufacturer of motion controls and energy efficient power drives. Co-investors include General Electric, RBC Capital and Growth Works.
• Biorem Technologies - Guelph, Ontario - The leading provider of air biofiltration systems to eliminate pollutants, in applications such as waste water treatment and large scale municipal composting.
• Tiger Optics - Warrington, PA - Owner of the break-through optical analyzer technology, developed at Princeton, which detects air borne contaminants - with broad applications in manufacturing, automotive, chemical processing and occupational safety.