LONDON and GENEVA and JERSEY, July 6 /PRNewswire/ --

- Technology Executive to Invest in the Internet, Telecom, Networking and Media
Industries

Index Ventures today announced that Mike Volpi, a renowned technology industry
veteran, joined the firm as a partner. Volpi is based in the London office as
part of the venture team where he will lead early stage investments in the
Internet, telecom/networking and media sectors and contribute to the firm's
later stage growth fund.

During his 13 year career at Cisco, Volpi acquired more than 75 companies and
served as Chief Strategy Officer responsible for corporate strategy, business
development, strategic alliances, and advanced Internet projects. Volpi then led
Cisco's billion dollar routing and service provider business. For the past two
years, Volpi was CEO of Joost, an Internet startup focused on online broadcast
TV, and recently transitioned into the role of Chairman. Volpi started his
career at HP in 1989.

Mike has been a close advisor to the Index family for more than 10 years. He has
worked closely with several of our portfolio companies such as Skype, TrialPay,
Joost, FON and Telegent, even serving on some of their boards, so it's a natural
progression to have him officially join our team, said Giuseppe Zocco, partner
and co-founder, Index Ventures. Mike's world-class leadership qualities,
transaction experience, and network make him a great addition to our partnership
and will enhance our ability to serve our portfolio companies.

Venture has become a global business and I've watched Index take their place as
a marquee name by investing in industry-altering businesses such as Betfair,
MySQL and Skype, said Volpi. I'm excited to become part of this team and look
forward to helping Index partner with the next generation of great
entrepreneurs.

Index companies have benefited from Mike's wide ranging experience and his
perspective will be invaluable as we continue to identify disruptive companies
to invest in, said Danny Rimer, Index partner.

Mike has been a great source of strategic advice and has opened many doors for
Telegent ever since Index invested in the company, said Weijie Yun, CEO of
Telegent Systems. We highly value his perspective and we look forward to working
with him even more closely now that he is a permanent member of the Index
Ventures team.

About Index Ventures

Index Ventures is a leading European venture capital firm active in technology
venture investing since 1996. The firm is dedicated to helping top
entrepreneurial teams in the Information Technology and Life Science sectors
build their companies into market defining global leaders. The firm has offices
in Geneva, London and Jersey and focuses on investments from seed through growth
stage companies. Recent exits include Skype (the pioneering communications
company acquired by eBay); MySQL (the world's most popular open source database
recently acquired by Sun), Last.fm (the world's largest social music platform,
recently acquired by CBS) and BioXell (BIOX, floated on the SWX in 2007). For
more information, please visit www.indexventures.com.

SOURCE: Index Ventures

Sayula Kirby of Index Ventures, +44-(0)-207-154-2009, Sayula@indexventures.com