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Launched in 1998, Nokia Venture Partners is the leading global mobile internet fund. The fund brings a unique added value to its investments through Nokia's and other investor's combined resources, expertise and contacts. Commenting on the global focus of the fund and Nokia's position at the forefront of the mobile Internet, Pekka Ala-Pietil , President of Nokia said the company is looking forward to sharing their insight and vision of the future with entrepreneurs around the world. This new fund is a clear signal that Nokia is very commited to expanding our venture capital activities, given the excellent return on investment so far and the exposure we have had to new, innovative technologies and developments in the Internet economy. The new fund will continue to invest in leading edge wireless technology companies targeting high growth market opportunities.