1. 7 th International VC Forum 28 June 2006

2. Who we are VCI is the Velti Center for Innovation VCI is a wholly owned subsidiary of Velti VCI is a VC incubator, which aims to fuel the next generation of the global Velti offering

3. About Velti Velti is a leading provider of software platforms, applications and services for mobile network operators, media and retail brands as well as financial organizations, in Greece and in the Balkan region Headquartered in Athens and with offices in London and Boston, it employs 100 people (70 software engineers) Velti is the first Greek company listed on London Stock Exchange’s AIM market Velti is led by Harvard, MIT, Brown, London Business School and Insead graduates with extensive start-up and corporate experience in companies such as Vodafone, Verizon, McKinsey, KPMG, IBM and Oracle among others

4. VCI – GSRT Partnership VCI is partly funded by the Greek General Secretariat for Research and Technology (GSRT) under the ΕΛΕΥΘΩ program. Program duration: April 2005 – March 2008. GSRT requirements: –VCI must invest in all incubatees –Incubatees must maintain legal address at VCI –Incubation services to be offered at below cost rates

5. VCI’s First Incubatees Amplus – Next generation IT&T Integration Shop. VCI stake: ~46%. Evorad – Brand new research-oriented system for managing and processing medical imagery. VCI stake: 34%. n 2 Labs – Research and development of new and converging media services, esp. community building & social networking applications. VCI stake: 35%.

6. What we’re looking for VCI focus is on Mobile Telecommunications and New and Converging Media, as well as new services for large-scale organizations (financial, healthcare). In the next 6 months, we are looking for three more “great ideas,” esp. ones that have made a first sale. VCI is willing to invest between €150Κ and 450K, for a 33% to 49% stake in incubatees, that will be headquartered with VCI.

7. VCI Offering (direct) Capital Investment for growth Office Space Technology Infrastructure Financial consulting and accounting services Marketing & Communications services HR services Legal services Consulting (market research, business plans) Operations & Procurement services Secretarial Assistance

8. VCI Offering (indirect) Management consulting (via positions on the incubatee boards) The right environment Established procedures and fully operational platform Synergies and co-operation are down the hall International orientation – access to Velti markets Access to an experienced network of investors, advisors & management staff

9. Lessons Learned (so far) Think globally Synergies with the mother company are invaluable Incubator needs to focus Having been a startup, helps understand and establish a startup … still learning…