HAMILTON, NEW ZEALAND – February 13, 2009 – NetValue Ltd. has today announced the launch of
Real Time Genomics Inc., a new USA-based entity backed by Catamount Ventures, a leading San
Francisco venture capital firm.
At the forefront of Real Time Genomics Inc.’s software is SLIM SearchTM. This software, developed by
NetValue Ltd, is seeing significant market interest - based on its ability to rapidly assemble and query
genomic datasets. These huge and complex datasets can be processed more quickly than with other
solutions, enabling advanced biological studies in genomes to become a reality.
“This is an exciting and significant development, which will allow NetValue to establish the SLIMSearch
technology in the global market,” said Graham Gaylard, CEO of NetValue. “We are extremely excited to
be partnering with Catamount Ventures to build a world-changing company.”
“Genetics research is ushering in the next scientific revolution, promising to cure disease, develop next
generation fuels and even end world hunger,” said Mark Silverman, managing director at Catamount
Ventures. “The mission of Real Time Genomics is to enable leading researchers and corporations to
accelerate gene-based science to make such breakthroughs a reality.”
Real Time Genomics Inc. will be based in San Francisco, with continuing research and development
undertaken in Hamilton, New Zealand.
About Catamount Ventures:
Catamount Ventures, LP., is a leading venture capital firm based in San Francisco, California with over US
$200 million under management . Catamount specializes in partnering with entrepreneurs to help them
build their early-stage companies into recognized market leaders. For more information, please visit
www.catamountventures.com
About NetValue:
NetValue Ltd was incorporated in 2004 with the aim of building a world class software development and
online services group. Since inception it has pursued strategic businesses and in doing so has acquired
several key technology companies, the main ones being ReelTwo (high-end database development and
high performance search technology), SLIM Search™ Ltd, InterSpeed (website development, hosting and
domain name registrar), SitesOnline (website development and hosting), and WebAddress (wholesale
domain names). For more information, please visit www.NetValue.net.nz
Contacts:
Graham Gaylard, CEO, NetValue Ltd. - +64 7 859 1007, Fax +64 7 856 7182