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Target Partners further expands its team

Munich, 18. October, 2011: Michael Christopher Münnix has joined Munich-based venture capital firm Target Partners (www.targetpartners.de) as an Associate, effective October 1st. Münnix, who holds a Ph.D. in physics, will mainly be responsible for handling deal flow at Target Partners. He will also support the team in managing the firm’s portfolio companies.

“From the very start, I was enthused by the entrepreneurial spirit that I experienced at Target Partners,” says Münnix. “I am very excited at the prospect of working on projects on a daily basis that involve the most innovative, cutting edge areas of software and technology. It is also clear from the successful career paths of other former Target Partners Associates that the company is an excellent place to experience personal, professional and entrepreneurial growth.”

Münnix, 30, is also the author of a number of academic publications and books, including publications on theoretical and solid-state physics. Since 1996, he has been involved in software development projects for various companies and startups. Between 2003 and 2008, he was responsible for software development at ORIMOS Financial Analytics. “Michael Münnix brings operative experience as well as entrepreneurial experience in software development and technology to the table,” said Waldemar Jantz, partner at Target Partners, about why the firm chose Münnix. “This experience as well as his broad overview of the technology landscape via his experience as a physicist will help him in the assessment of investments and in supporting our portfolio companies.”

About Target Partners:

With EUR 225 million under management, Target Partners is one of the leading early-stage venture capital funds in Germany. The firm invests in start-up and early stage companies and supports them during their build-out and expansion phases. With many years of experience as managers, entrepreneurs and venture capitalists, the team at Target Partners supports entrepreneurs in developing and marketing products and services, building organizations, raising money and taking companies public in Europe and the United States. For more details: www.targetpartners.de

Press contact Target Partners:

Sprachperlen GmbH Agentur für Unternehmenskommunikation Helena Horak Am Glockenbach 3 80469 Munich Tel.: +49 (0)89 411 53 199 Fax: +49 (0)89 411 53 200 Mail: helena.horak@sprachperlen.de

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Years of combined experience in software development and R&D