The Individual General Partners of HMS Hawai'i Management Partners, the General Partner of HMS Hawaii, collectively possess over 22 years of venture capital investment experience and have worked closely together since 1994. They currently have management responsibility for venture capital portfolios exceeding $22 million.

Digital Island, Ltd.
Corporate Headquarters
45 Fremont Street, 12th Floor
San Francisco, CA 94105
Ruann Ernst, President and CEO
( Nasdaq: ISLD [6/99])

Digital Island provides network services for globalizing e-Business applications for companies that need to securely and consistently extend business-critical applications for marketing, selling, servicing, or distributing products via the Internet. Digital Island's Intelligent Network provides a fast, secure, and consistently reliable pri-vate service covering 19 countries: Australia, Brazil, Canada, China (Hong Kong, Mainland), France, Germany, Israel, Japan, Mexico, Netherlands, Russia, Singapore, South Korea, Spain, Sweden, Switzerland, Taiwan, UK, and U.S. The Intelligent Network

Pacific Information Exchange
Honolulu, Hawaii

PixiNet is a service network of Pacific Information Exchange, Inc. Pacific Information Exchange, Inc. is an organization which exists to provide access to the "Information Superhighway" to meet the needs of both individual and commercial accounts. With Pacific Information Exchange, you choose from a wide range of Internet Services with complete Technical Support in Hawaii.

ALOHA Networks
San Francisco, California

ALOHA Networks, based in San Francisco, provides SkyDSL Internet access infrastructure to large Internet Service Providers (ISP). SkyDSL uses existing geostationary satellites to deliver high-speed full-duplex TCP/IP connectivity directly between an ISP�s backbone and its business Internet subscribers. SkyDSL allows Tier 1 ISPs to rapidly and profitably serve new markets by by passing both the telco loop and local ISP infrastructure.

Kona Bay Oyster & Shrimp Company, Inc.
73-4460 Queen Ka�ahumanu Highway
Ke'ahole Point, Site 108
Kailua-Kona, Hawaii 96740
Ivan Lui-Kwan, President & CEO

Using its proprietary technology, Kona Bay produces both shrimp and disease-free bi-valve seed through a land-based nursery system. Fresh shrimp are supplied to fine dining establishments in Hawaii and disease-free bi-valve seed will be marketed to aquaculture farms in the continental United States and internationally.

Pacific DirectConnect, Inc.
55 Merchant Street, Suite 1550
Honolulu, Hawaii 96813
Mike Browning, General Manager

Pacific DirectConnect provides high-speed wired and wireless "last mile" TCP/IP access for business users which bypasses the local exchange carriers' infrastructure. Users can obtain up to 2.0 Mb/sec DSL, ATM or LMDS connectivity to their Internet Service Provider at competitive prices without the installation delays or contention usually associated with LED or Cable attachments. The intent of the company is to attract office buildings and metropolitan area networks seeking various combinations of redundancy, diversity, lower cost and reliability. The company hopes to build-out a wired/wireless infrastructure to cover the high density business centers on each major island and to build a model that can be duplicated throughout the Pacific region.

Wireless, Inc.
5452 Betsy Ross Drive
Santa Clara, California 95054-1101
Bill Palumbo, President & CEO

Wireless provides point-to-point and point-to-multipoint wireless connectivity using both licensed and un-licensed frequencies currently at rates of up to 2.0 Mb/sec. The company's product that is receiving the greatest reception is the wireless-DSL product. The company's former CEO was a founder and CEO of Digital Microwave and has extensive contacts within the industry which are leading to significant opportunities to partner in the hot wireless infrastructure market.

Please visit the web sites of our portfolio companies above for a listing of their job openings!