Path4 Adds Veteran Finance Executive to Team
Seasoned Start-Up Manager to Assist with Portfolio Companies

Austin, TX - January 25, 2005

Path4, a management centric venture capital company focused on the musculoskeletal medical device market, today announces the appointment of Matt Marino as Vice President of Finance and Administration.  Marino is a twenty year veteran with a strong history of working with successful, start-up companies in the venture capital community.  He has performed in diverse settings and industries with a continuous focus on developing and implementing financial systems to achieve high performance. 

Most recently, Marino was the Corporate Controller at Waveset Technologies, Inc. which was acquired by Sun Microsystems.  While at Waveset, he was responsible for establishing and managing all areas of finance, accounting, payroll and general operations.  Previous to Waveset Technologies, he held various financial positions at Applied Science Fiction, Tivoli Systems, TGS Geophysical and PriceWaterhouseCoopers.  Mr. Marino has a B.A. in Accountancy from the University of Houston and a B.S. in Engineering from the University of Texas.  He brings over 20 years of experience in a variety of financial roles.

Jerry DeVries, a general partner with Path4 stated, “We are fortunate to have Matt join our team.  Path4 understands the importance of strong financial management.  We are excited to add a finance executive with experience and success in assisting start-up companies from inception through to exits.  All of us at Path4 appreciate and respect Matt’s track record and reputation, especially in the venture-backed companies he has worked with.”

Marino added, “I was impressed by the Path4 team and their passion for the musculoskeletal industry; these guys genuinely love what they do. As I learned more about their business model and the first two portfolio companies they invested in, I knew I could contribute with my experience in finance and administration, particularly for start-ups.”

About Path4
Founded in 2004, Path4 LLC is a management-centric venture capital company based in Austin, Texas. The company identifies, creates and develops opportunities in the healthcare industry utilizing a "hands-on" management style by taking an active role in the technologies and opportunities in which they invest. More information is available at www.path4.com.

Source: Path4, LLC
Jerry DeVries, 512-344-3301
jerrydevries@path4.com
http://www.path4.com