The National Venture Capital Association and Advanced-HR Launch Partnership to Deliver High-Quality Pay and Stock Option Data to Venture Capital Firms

Partnership Will Serve the Venture Capital Industry with the only Real-Time, Online Database for over 450 Job Positions at Pre-IPO, Venture-backed Companies

SARATOGA, CA, September 12, 2002

The National Venture Capital Association (NVCA) and Advanced-HR, Inc. joined forces today to bring pre-IPO company pay and stock option data to the NVCA's 450 venture capital members. In addition to the enhanced service offering for NVCA members, the combined efforts by the firms will expand the current customer base for Advanced-HR's online compensation data and application system for venture-backed pre-IPO companies.

Option ImpactT, launched by Advanced-HR in 2000, is currently the only competitive survey data source that provides real- time compensation intelligence. The web-based application provides pre-IPO companies with a secure online system for managing their critical information about stock and pay. Data from each customer is then aggregated in a confidential data mart and the real-time competitive survey information is delivered online. Option Impact, delivered to more than 350 information technology and healthcare pre-IPO companies, their venture investors and service providers, helps customers make informed decisions about pre-IPO pay and stock.

"We make every effort to enhance the benefits we offer the nation's venture capital firms through our membership program and we believe that the data available from Advanced-HR does just that," said Mark G. Heesen, President of the NVCA. "Our venture capital members have expressed a need for data to help them assist their portfolios companies develop effectively and affordably. We determined that Advanced-HR's Option Impact has the most current, accurate and thorough data on pay and stock option practices at venture-backed pre-IPO companies. We intend to promote Advanced-HR to our venture capital members and help them deliver value-added benefits to their portfolio companies."

"We are very excited about our partnership with the NVCA and helping to enhance the value of services they deliver to their 450 venture members", said Dee DiPietro, Founder and CEO of Advanced-HR. "Since our founding in 1997, we have worked closely with many of the nation's leading venture capital firms, most of which are already NVCA members. This new partnership will broaden our reach to their full membership of 450 venture firms, enhancing our status as the industry standard for competitive data in venture-backed pre-IPO companies. At the same time, it will help us reach all of their portfolio companies, strengthening the depth of our data with new industry and geographic representation."

About Advanced-HR

Advanced-HR, Inc., founded in 1997, is widely recognized as the first and only company to provide early-stage technology companies with the online, real-time intelligence necessary for developing strategies to successfully manage investments in human capital. Option Impact, launched by Advanced-HR in 2000, currently provides real-time compensation intelligence to more than 350 pre-IPO information technology companies, their venture investors and service providers and information for the healthcare industry was added in the summer of 2003. The web-based application provides pre-IPO companies with a secure online system for managing their critical information about stock and pay. Data from each customer is then aggregated in a confidential data mart and the real-time competitive survey information is delivered online, enabling pre-IPO companies and their venture investors to make informed decisions about competitive pay and stock.

For more information about the company's online solutions call (408)872-3000 or visit Advanced-HR at www.advanced-hr.com.

About the National Venture Capital Association

The National Venture Capital Association (NVCA) is the trade association that represents the venture capital industry. The NVCA's mission is to foster the understanding of the importance of venture capital to the vitality of the U.S. and global economies; to stimulate the flow of equity capital to emerging growth companies by representing the public policy interests of the venture capital and private equity communities at all levels of government; to maintain high professional industry standards; facilitate networking opportunities; and to provide research data and professional development for its members. It is a member-based organization consisting of venture capital firms and other organizations that manage pools of risk equity capital to be invested in young, emerging companies. Currently, the NVCA membership is more than 450 firms representing the majority of venture capital invested in U.S. based companies.

For more information about the NVCA call (703)524-2549 or visit their site on the web at www.nvca.org.

Option ImpactT is a trademark of Advanced-HR, Inc.
Other products mentioned are trademarks of their respective owners.

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