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March 22, 2001

CHUCK HIRSCH ELECTED 
TO WRF CAPITAL BOARD OF DIRECTORS


SEATTLE -- Chuck Hirsch, Managing Director of Madrona Venture Group, has been elected to the board of directors of WRF Capital, which creates and invests in technology-based start-up companies.  

Before joining Madrona, Hirsch was Chairman of Hirsch & Co., LLC, a Bellevue-based venture consultancy that worked with select national venture firms and numerous emerging technology companies including InterNAP Network Services, Aventail Corp., InteliHealth and Unified Signal Corp. He also served as a consultant to Microsoft, General Mills and Omron Corp.

Hirsch was Co-founder and President of Dare-to-Dream Intertainment, which merged into Microsoft in 1995, where he served as Group Product Planner responsible for the ActiMates ® product line. He serves on the Executive Committee of the Washington State Alliance of Angels and the Board of Trustees of the Fred Hutchinson Cancer Research Center.

Hirsch is a graduate of Williams College and a former White House Fellow.

WRF Capital is the venture investment arm of Washington Research Foundation, an independent organization founded in 1981 to create wealth to support research and scholarship at Washington state institutions. WRF Capital companies are primarily those with some technology originating at the University of Washington and other research institutions in the state.


Contact:

Monty Dennison 
Dennison Communications, 206-264-1468
or  
Ron Howell
WRF Capital,206-336-5600