Knight's Bridge Capital Partners

Knight's Bridge Capital Partners

December 20, 2007 10:34 ET

Knight's Bridge Becomes General Partner of 2007 Fund I LLP

TORONTO, ONTARIO--(Marketwire - Dec. 20, 2007) - Knight's Bridge Capital Corporation ("Knight's Bridge") announced today that the owner and the managers of Knight's Bridge have acquired the general partner's interest in 2007 Fund I LLP (formerly Biltmore Ventures LP) (the "Fund"), from BVP Management LLC. The Fund has been renamed as Knight's Bridge Capital Partners Internet Fund No. 1 LP.

To date, the Fund has completed a number of investments in companies requiring venture financing including Lifelock Inc., V:social Inc., AdaptiveBlue, Inc., and CopperKey Inc. The new general partner of the Fund will manage the Fund and its current investee companies.

"We are excited about managing these leading edge investments for the Fund," said Kenny Finkelstein CEO of Knight's Bridge. Mr. Finkelstein added that, "We believe that the financial, operational and investing experience of our management team will help bring value to the Fund, its portfolio companies and the Fund's investors."

As a component of the transaction, Mr. Howard Lindzon, a principal of Knight's Bridge and a co-owner of the new general partner,, will form part of the Fund management team. Mr. Finkelstein commented that, "Howard's vast experience in the new media and internet business sectors will be invaluable to us as we look to create value for the investors in the Fund."

About Knight's Bridge

Knight's Bridge Capital Corporation is a strategic investor making investments in equity or equity like securities of entrepreneurial businesses that can benefit from its extensive strategic, financial and operational expertise. Knight's Bridge not only supplies businesses capital but also partners with them to ensure the successful execution of their business strategies.

Forward-Looking Statements

The statements made in this release that are not historical facts contain forward-looking information that involves risks and uncertainties. All statements, other than statements of historical facts, which address Knight's Bridge's expectations, should be considered as forward-looking statements. Such statements are based on knowledge of the environment in which Knight's Bridge currently operates, but because of the factors listed herein, as well as other factors beyond Knight's Bridge's control, actual results may differ materially from the expectations expressed in the forward-looking statements.

This news release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the securities described herein in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to qualification or registration under applicable securities laws of any such jurisdiction. The securities described herein have not been, and will not be, registered under the United States Securities Act of 1933 (the "Securities Act") and may not be offered or sold in the United States except pursuant to an exemption from the registration requirements of Securities Act.

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