Knight’s Bridge Capital Partners Inc.(“Knight’s Bridge”) are pleased to announce that the owner and the managers of Knight’s Bridge have acquired the general partner’s interest in 2007 Fund I LLP (formerly Biltmore Ventures LP) (the “Fund”), from BVP Management LLC. The Fund has been renamed as Knight’s Bridge Capital Partners Internet Fund No. 1 LP.

To date, the Fund has completed a number of investments in companies requiring venture financing including Lifelock Inc., V:social Inc., AdaptiveBlue Inc., MyTrade.com and CopperKey Inc.

The new general partner of the Fund will manage the Fund and its current investee companies.“We are excited about managing these leading edge investments for the Fund,” said Kenny Finkelstein CEO of Knight’s Bridge. Mr. Finkelstein added that, “We believe that the financial, operational and investing experience of our management team will help bring value to the Fund, its portfolio companies and the Fund’s investors”.

As a component of the transaction, Mr. Howard Lindzon, a principal of Knight’s Bridge and a co-owner of the new general partner, will form part of the Fund management team. Mr. Finkelstein commented that “Howard’s vast experience in the new media and internet business sectors will be invaluable to us as we look to create value for the investors in the Fund”.