Canada NewsWire, Monday, January 16th, 2006.

TORONTO, Jan. 16 /CNW/ - J.L. Albright Venture Partners is pleased to announce the first closing of its new fund: J.L. Albright IV Venture Fund L.P.  Lead investors include Caisse de dépôt et placement du Québec, OMERS and Teachers' Private Capital, the private equity arm of the Ontario Teachers' Pension Plan. Others joining the first close include The Bank of Nova Scotia, CIBC and RBC Capital Partners.

J.L. Albright Venture Partners was formed in 1996 and invests primarily in emerging communication and systems, internet and media, and software and service companies.

For further information: Contact information: Amy Rae,
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