San Francisco, CA, April 11, 2008 — VSP Capital has announced that it has resolved all litigation and disputes with former partner Matt Crisp on mutually-satisfactory terms.

In consideration of the payment of an undisclosed sum by Mr. Crisp, the parties have agreed to the mutual resolution of all disputes. Mr. Crisp stated "This brings an end to an unfortunate episode in our lives. Having had an opportunity to explore the issues in the case and reflect upon the evidence after discovery, I regret making various statements and allegations that Ms. Rees and Mr. Hamm had engaged in theft, embezzlement and certain other wrongful conduct. Those statements turned out not to be factually based. I believe we all think that it is time to move forward with our lives and careers."

VSP Capital partners, Ms. Rees and Mr. Hamm, also conveyed their satisfaction with the resolution and look forward to continuing their careers in venture capital, providing value to portfolio companies and limited partners.

About VSP Capital
VSP Capital ("VSP") is a San-Francisco based venture capital firm focused on investing in early-stage companies where strategic positioning and market development are key to the success. Find out more at: www.vspcapital.com.

CONTACT:
Thomas Phillips
Communication Partners
212-935-4655
comptwp@aol.com