NEWS: FOR IMMEDIATE RELEASE-APPROVED

Contact:
Gail Greenwald
Caveo Investments LLC
info@caveo.com

Caveo Investments LLC announces acquisition of Caveo Technology

Private investment group acquires intellectual property and business assets
 

NEWTON, Mass. - Dec. 20, 2005 - Caveo Investments LLC today announced its acquisition of the business and intellectual property assets of Caveo Technology, the leading innovator of products based on advanced motion-sensing technologies.

Among the assets acquired are three U.S. patents and several patents pending related to motion sensing applications in computer security, touch detection, handheld devices, and asset tracking. The acquisition also includes the proprietary rights to the two commercial products, Caveo Anti-Theft PC Card and the Caveo-enabled touch detection system, both of which are distributed through non-exclusive license agreements.

Through additional license agreements and development partnerships, Caveo Investments plans to expand sales of these two products as well as commercialize additional applications for the extensive technology assets of Caveo Technology. It also plans to resume online sales of the Caveo Anti-Theft PC Card, a unique security solution for laptop computers that provides both theft deterrence and data protection.

Caveo Investments LLC is a private group of investors based in Massachusetts, USA. For more information visit the Caveo Technology website at www.caveo.com.

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