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Andrew Lark Joins No 8 Ventures

Andrew Lark Joins No 8 Ventures

Wellington, NZ, August 5, 2005. No 8 Ventures today announced Andrew Lark has joined the leading venture capital firm as a part-time director. Lark will work closely with directors Jenny Morel and Mark Edwards in managing current and future investments. Previously a member of its advisory board, Lark has been actively involved with No 8 ventures since 2002. He will continue to be based in Silicon Valley, California, USA and maintain a variety of other business interests.

“Andrew’s skills uniquely complement those of our team,” said Jenny Morel, partner, No 8 Ventures. “He brings world-class leadership, marketing and sales skills to our portfolio companies, which are critical as they exploit their technology strengths, extend their product reach and expand into new and emerging markets.”

“I’m thrilled to be deepening my relationship with No 8 Ventures and its portfolio of companies,” said Lark. “New Zealand is uniquely positioned to take advantage of the accelerating pace of technological change and innovation and No 8 Ventures will play a leading role in making that happen. Smart money has an instrumental role in unleashing the potential of entrepreneurs and their ideas.”

“Andrew has made an invaluable contribution to Esphion’s marketing and sales strategy as we move into a new phase of growth and expansion,” said Greg Cross, CEO, Esphion. “His marketing smarts and global experience will be highly valued by all Number 8 funded companies.” No 8 Ventures is a key investor in Esphion.

Andrew was most recently vice president, global marketing and communications, Sun Microsystems. He has held a variety of positions with global technology leaders including vice president, global marketing, Nortel Networks and; partner, Fleishman-Hillard – the world’s largest communications consulting firm. Andrew sits on the advisory board of Right Hemisphere and recently served on the board of Argent Networks – both backed by No 8 Ventures. In 2003 the New Zealand Government awarded him the inaugural World-Class New Zealander Award for his contributions to New Zealand. Today he chairs the New Zealand Trade and Enterprise’s technology beachhead in the US market.

ENDS


About No 8 Ventures

No 8 Ventures is a leading New Zealand venture capital firm, which invests in early stage technology companies with the potential to become large and international. No 8 Ventures was founded in 1998 by Jenny Morel and now has over $60M under management. For further information, see http://www.no8ventures.co.nz

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