FUNDS

Advantage Capital Wisconsin Partners I Limited Partnership

Venture Investors has formed a strategic relationship with Advantage Capital Partners to manage ACWP I, a Wisconsin Certified Capital Company (CAPCO). Total commitment to the fund is $17 million, with half of the ACWP I capital having the same early stage focus as VIESF III, and the other half having a later stage focus, that is, companies that are profitable or expect to attain profitability within one year. ACWP I also considers a wide variety of opportunities, assuming they meet investment return and diversification objectives, but shares the particular industry interests of VIESF III. ACWP I has the capacity to invest up to $1.25 million per company over time. The fund has additional constraints that require that the business:

• Is headquartered in Wisconsin and its principal business operations are located in Wisconsin.

• Has no more than 100 employees, at least 75% of whom are employed in Wisconsin.

• Has during its two most recent fiscal years, together with all of its consolidated affiliates, had an average annual net income, after federal income taxes and excluding any carry-over losses, of not more than $2,000,000, as determined in accordance with GAAP.

• Has, together with its consolidated affiliates, a net worth that is not in excess of $5,000,000 as determined in accordance with GAAP.

• Is not predominantly engaged in professional services provided by accountants, lawyers or physicians.

• Is not engaged in the development of real estate for resale.

• Is not engaged in banking or lending and does not make any loans to, or investments in, certified capital companies.