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Private Equity Week Wire for Thursday 3-7

DALLAS — Hicks, Muse, Tate & Furst Incorporated today announced that Charles W. Tate, a Partner of the firm and one of the four members of its Management Committee who played a key role in its growth, success and global expansion over the past decade, will retire from the firm as of June 30, 2002.
Mr. Tate will continue to represent HMTF as a board member with respect to four of the firm’s investments: Emergent Genetics, Inc., a private equity investment firm focusing exclusively on hybrid seed and related biotechnology; International Wire Group, a leading manufacturer of bare and insulated copper wire and wire harnesses; and two of the firm’s investments in Mexico, Minsa, a leading corn flour miller; and Vidrio Formas, a supplier of proprietary glass containers to the Mexican tequila, food and pharmaceutical industries.

Mr. Tate, 57, joined the firm as a Partner in 1991, two years after its formation, when it was known as Hicks, Muse & Company. In 1994, the firm was renamed Hicks, Muse, Tate & Furst Incorporated in recognition of the significant contributions of Mr. Tate and of the firm’s fourth name partner, Jack D. Furst.

TUCSON, AZ — NewMonics, Inc., a leading supplier of advanced Java-based solutions for embedded systems, today announced it has completed a $2.6 million preferred round of investment from Tucson Ventures. Other investors include Arch Venture Partners, APV Technology Partners, Dynafund Ventures, Venture Investors and Intel Capital.

FRANCE — Ipanema Technologies, a leading provider of systems for the complete management of the applications performance over IP networks, today announced the completion of a 10 Million Euros financing round led by Net-Partners. Ipanema Technologies has been recently selected by venture capital firms as one of the top 10 most promising companies.

New investors for Ipanema Technologies include worldwide leaders in capital investment: Net-Partners (European venture capital firm) and DrKW (Dresdner Kleinwort Wasserstein), the investment bank of Dresdner Bank AG.

Committed since the first round of financing in August 2000, investors 3