ASHTON B. PEERY

Ashton B. Peery is partner for Lucent Venture Partners, LLC., (LVP) an independent venture capital subsidiary of Lucent Technologies. In this role, Peery works with high-tech start-ups and others in the venture capital community to identify investments for the LVP portfolio. LVP invests in early-stage technology companies in high-growth communications areas such as optical, data and wireless networking, communications semiconductors and software, professional services and business-to-business e-commerce. Peery began his career in strategy consulting in 1990 as a consultant with Arthur D. Little, Inc. in Cambridge, Mass. He held other positions in strategy consulting before becoming managing director and COO at GeoPartners Research, Inc., a Cambridge-based firm predominantly focused on business and technology strategy in the information and communications area. While at GeoPartners, Peery provided on-going strategic consultative support to the leaders of several Fortune 100 firms including recognized leaders in communications technology. In 1998, Peery joined Lucent Technologies as vice president of Corporate Strategy and Business Development. In this position, he worked with Lucent's senior leadership to develop and help implement business strategies that supported its global growth aspirations and advanced Lucent's leadership in communications networking technologies, systems, and solutions. Peery led teams focused on strategy, strategic alliances, mergers and acquisitions, and post- merger integration. His work included identification and exploration of new business opportunities, strategies for rapid implementation, and the development of relationships with significant strategic partners. He also had oversight for mergers and acquisitions activities across Lucent. He supported the post merger integration initiatives associated with each completed acquisition, enhancing Lucent's reputation as a leader of integration best practices. Prior to his experience in strategy consulting, Peery was a public television producer and director, working on such acclaimed programs as Odyssey, Nova, and Enterprise, where he worked "on location" in North America, Japan, and Europe. Peery received a bachelor of arts degree in Special Studies of Communications from Harvard College in 1974 and a Master of Business Administration degree from the Harvard Graduate School of Business Administration in 1991, both with honors. Born in San Antonio, Texas, he is married to Kate Wolf. They have 2 children, Amanda and Zachary.

May 2000