April 2, 2001

Woodside Fund Leads Investment in General Nutronics, Inc.

General Nutronics Will Provide Carriers With Unprecedented Levels of Throughput and Scalability

General Nutronics’ founder Richard Holmes stated, "I am delighted to work with Woodside Fund as my lead investor because of their reputation for integrity, commitment and being great partners. Woodside will help us make the right decisions to bring a successful product to market in a timely manner."

"We are very excited to work closely with one of the world’s leading experts in opto-electronics and complex optical systems," said Woodside Fund Managing Director Robert Larson. "We are very interested in technology companies like General Nutronics that can bring dramatic levels of improvement of network efficiency and cost effectiveness," said Woodside Fund partner Daniel H. Ahn. "In addition, we are pleased to work with our strategic partner Acuitive in helping to accelerate the company’s development." Both Woodside Fund partners Robert E. Larson and Daniel H. Ahn have joined the company’s board of directors.

The first of General Nutronics’ products is a core and metro switch that will initially switch at tens of Terabits per second of throughput at packet level granularity, while supporting grooming and aggregation functions. The architecture will then very easily scale to many Petabits per second of capacity in an extremely cost effective manner.

About Woodside Fund

Founded in 1983, Woodside Fund has one of the longest and strongest track records of success in early stage venture capital investing. The firm has grown to four funds with over $225 million under management. Woodside Fund's latest partnership, Woodside Fund IV, which had its final close in March, 2000, invests between $5 and $12 million in early stage ventures in Internet Protocol infrastructure and e-Commerce infrastructure companies, and is focused on Northern California and the West Coast. The Fund typically serves as the lead or co-lead investor in its portfolio companies.

For all press related questions or comments please contact Denise Ryan at

dryan@blumarble.com or phone 831-476-6804.

www.woodsidefund.com