Motorola Ventures Makes Strategic Investment in DARTdevices

Press Release - February 2, 2007

Motorola Ventures, the strategic venture capital arm of America’s leading cell phone vendor, has made a Series A investment in consumer software developer, DARTdevices, the two companies revealed earlier this week.

Since its formation in 2003, DARTdevices has developed software allowing multiple consumer devices to remotely access applications on other DART-enabled devices, including mobile phones and PCs.

“DART’s solution, which helps facilitate interoperability for multiple application on disparate devices, aligns well with Motorola’s vision of seamless mobility,” explained Tony Palcheck, and investment manager with Motorola Ventures. “Their software allows wired and wireless distribution of applications, games, and information … across mobile phones, PCs, internet servers, PDAs, set-tops, MP3 players, and DVRs.”

Financial terms of Motorola investment in DARTdevices have not been disclosed.