DNA Strand

COMPANY MANAGEMENT

Lowell Sears LOWELL E. SEARS is Chairman, Chief Executive Officer and Chief Investment Officer of Sears Capital Management, Inc. Mr. Sears has been a venture investor and portfolio manager through Sears Capital Management since 1994. From 1988 until 1994 Mr. Sears was Chief Financial Officer of Amgen, Inc. In addition to his role as CFO with Amgen, Mr. Sears also held the position of Senior Vice President responsible for the Asia Pacific Region, establishing marketing, sales and development operations in Japan, China, and other countries from 1992 through 1994. From 1986 until 1988 Mr. Sears served as Treasurer and Director of Planning for Amgen. Before joining Amgen Mr. Sears held senior planning and financial positions with Atlantic Richfield Company (ARCO) from 1976 until 1986, including a period as Chief Financial Officer for its Ventures Division. Mr. Sears has been an active participant in the pharmaceutical and medical device industries since 1979.

Mr. Sears holds a BA in Economics from Claremont McKenna College and an MBA from the Stanford University Graduate School of Business.

BOARDS OF DIRECTORS


PUBLIC COMPANIES



PRIVATE COMPANIES



VENTURE FIRM RELATIONSHIPS

Sears Capital Management directly and through its affiliated funds has co-invested with a number of venture capital firms including:


STRATEGIC ADVISORY ACTIVITIES

Sears Capital Management has advised its portfolio companies on strategic alliances involving a number of pharmaceutical companies including: