IPOs/recent issues: Clicksoftware Technologies –

Tel Aviv, Israel

Went public 6/23/2000 at $7 apiece

Filing Range: 4 mil. shares @ $8 to $10

Shares Outstanding: 25.97 mil. shares

Underwriters: Lehman Brothers/Fidelity Capital Markets/CIBC

World Markets/SG

Cowen Securities Corp.

Company Counsel: Wilson Sonsini Goodrich & Rosati

Manager Counsel: Simpson Thacher & Bartlett

Auditor: Arthur Andersen & Co.

The Company:

Develops Web-based scheduling and diagnostic tools for the service industry to improve response time and customer service quality, while maintaining a high level of resource utilization. The company’s product can be integrated with any customer support or service management system. The software can also provide scheduling of service personnel based on skills, locations or other customer specific rules.

Venture Backers:

Brentwood Venture Capital

Meritech Capital Partners

Worldview Technology Partners

Oak Investment Partners

Genesis Partners

Genesis Capital Inc.

Hambrecht & Quist Private Equity

Financing Rounds:

Number of Round Amt.

Round # Round Date Stage Investors ($ thousands)

1 04/11/1997 3 Early Stage 4400.0

2 11/21/1997 2 Later Stage N/A

3 03/21/1998 4 Later Stage 7500.0

4 07/01/1998 1 Later Stage 18.0

5 11/02/1998 5 Later Stage 6338.0

6 12/20/1999 1 Expansion 10824.0

Financials:

(Data in $ Millions)

Y/E

12/31/99

Total Revenues: $10.32

Net Loss: -12.96