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Former Adobe Systems CEO Bruce Chizen Joins Voyager Capital's Advisory Board

Respected Industry Leader Will Help Grow Voyager's Franchise and Portfolio Companies (August 06, 2008)

MENLO PARK, CA -- (MARKET WIRE) -- 08/06/08 -- Voyager Capital, a leading West Coast venture capital firm, today announced that Bruce Chizen, former CEO of Adobe Systems, has joined the firm's Advisory Board.

As CEO from 2000 to 2007, Chizen transformed Adobe Systems into one of the world's largest and most diversified software companies in terms of revenue, global reach and breadth of products. During his tenure, Chizen tripled revenue and turned a company known mainly for its popular design products into one of the most significant forces in the software industry. Chizen also led the company's expansion into new markets, including the enterprise, knowledge worker and consumer.

"Bruce brings invaluable experience in building successful high growth companies, as well as excellent perspectives on the digital media and software sectors," said Bill McAleer, managing director at Voyager Capital. "He will be a tremendous asset to the firm as we continue to expand our West Coast franchise."

Prior to becoming CEO of Adobe Systems, Chizen was executive vice president of worldwide products and marketing. At Adobe since 1994, he was previously vice president and general manager of both the professional graphics division and Adobe's consumer division.

"Voyager Capital is well positioned to leverage the major technology sectors on the West Coast including Silicon Valley; Seattle, Washington; and Portland, Oregon," said Chizen. "I welcome the opportunity to help develop innovative strategies that will accelerate the firm's momentum."

From 1980 to 1983, Chizen worked in Mattel Electronics' merchandising group, helping grow it to a $500 million business. In 1983, Chizen joined Microsoft Corporation, eventually becoming the company's eastern region sales director. In 1987, he joined Claris Corporation, a subsidiary of Apple Computer, Inc., as a founding senior manager and later held positions as vice president of sales and worldwide marketing before becoming vice president and general manager of Claris Clear Choice.

Chizen holds a bachelor's degree from Brooklyn College, City University of New York. He currently serves on the boards of Synopsys, Inc. and Oracle Corporation, as well as a number of non profit boards. Bruce also recently joined as an observer on the board of directors of Elemental Technologies, a Voyager Fund III portfolio company in the digital media sector.

For a complete list of members of Voyager Capital's Advisory Board please visit:

About Voyager Capital

Voyager Capital is a leading West Coast information technology venture firm, providing entrepreneurs with the resources, experience, and connections to build successful companies. Voyager invests primarily in early stage digital media, software and services, wireless, and web infrastructure companies, where the firm's domain expertise and "Go-to-Market" resources help build market leaders. Voyager Capital has $370 million under management with offices in Seattle, Washington; Menlo Park, California; and Portland, Oregon. For more information please visit:

Joanne Hogue
LVA Communications
(410) 658-8246
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