Maurice Gunderson Joins CMEA Ventures.

Energy VC Veteran Brings Expertise in Energy Technologies and Track Record of Launching Successful Companies to Energy Investment Practice

SAN FRANCISCO -- CMEA Ventures, a venture capital firm specializing in high technology, life sciences and alternative energy investments, announced

"Maurice brings practical expertise in thermodynamics and energy technologies, a long history of launching successful companies and a host of professional relationships to CMEA Ventures," said Tom Baruch, Founder and Managing Director. "We are delighted to welcome Maurice to our team and look forward to working with him to extend CMEA Ventures' leadership in the energy sector."

CMEA Ventures focuses its investments on broad sectors that provide the maximum opportunity for value appreciation at the minimum risk. Building on its success in the high technology and life sciences industries and its understanding of the differences and nuances in these markets, CMEA Ventures brings deep experience to the energy sector, including partner experience and a long history of investing and growing companies in a variety of energy-related areas.

"The rapidly-growing energy sector is catalyzing a convergence of advanced materials, high technology and life sciences," said Gunderson. "As a leading venture investor in each of these converging sectors, CMEA Ventures is uniquely poised to help our portfolio companies grow, achieve success and deliver returns to our investors."

Throughout Gunderson's career, he has been instrumental in the development of alternative energy and cryogenic equipment, aircraft environmental systems, turbo-machinery and computer-based real-time control systems. Previously, Gunderson co-founded Nth Power, a venture capital firm specializing in investments emerging from the global restructuring of the energy industry. Prior to founding Nth Power, Gunderson spent more than 20 years developing profitable products and launched four successful companies.

Gunderson has also served on the boards of many energy technology companies, including Capstone Turbine, CellTech Power, Clean Air Power, Electronic Power Conditioning, H2Gen Innovations, Metallic Power, Nanogram, Nanogram Devices, NEOPhotonics, Pentech Solutions, Pentadyne Power and STM Power. Currently, he serves on the board of CMEA Ventures' portfolio company Superprotonic.

Gunderson earned an M.B.A. degree from Stanford University and Master of Science and Bachelor of Arts degrees in Mechanical Engineering from Oregon State University. He is a member of several professional associations, including the American Society of Mechanical Engineers, the Society of Automotive Engineers and the American Society of Heating, Refrigeration and Air-Conditioning Engineers. Gunderson is a patent holder, Registered Professional Engineer and pilot.

About CMEA Ventures

CMEA Ventures is a venture capital firm specializing in high technology, life sciences and alternative energy investments. Established in 1989 and located in San Francisco and Menlo Park, California, CMEA Ventures focuses its investments on broad sectors that provide the maximum opportunity for value appreciation at the minimum risk. The firm invests in both early and late stage companies and actively partners with its extended network of companies, other venture capital firms, institutional investors, strategic partners and entrepreneurs.

CMEA Ventures currently has six funds and manages $771 million of venture capital. CMEA Ventures has been an early stage investor in leading companies such as Flextronics (FLEX), Magma (LAVA), Maxygen (MAXY), Monogram Biosciences (MGRM), Silicon Spice (BRCM), Symyx (SMMX), and Syrrx (recently purchased by Takeda). CMEA Ventures' portfolio includes, Alexza (ALXA), Bayhill Therapeutics, BioMimetic (BMTI), Altus (ALTU), Ambrx, Applied Wave Research, Codexis, Entropic, Intermolecular, iSuppli and LiveOps, among others. For more information, visit www.cmeaventures.com.