Sofinnova Ventures Adds Seasoned Mobile Telecommunications Executive David Hytha

Feb 07, 2008, 00:00 ET from Sofinnova Ventures

    MENLO PARK, Calif., Feb. 7 /PRNewswire/ -- Sofinnova Ventures, a
 venture capital firm specializing in early-stage Life Science and
 Information Technology (IT) investments, today announced the addition of
 David Hytha to the firm's IT team. In his role as Executive-in-Residence,
 David will help Sofinnova identify exciting investment opportunities in the
 mobile telecommunications sector, as well as work with portfolio company
 executives to build and grow their businesses.
     "Sofinnova and its portfolio companies will benefit greatly from
 David's vast knowledge and global experience establishing new companies and
 technologies," said Eric Buatois, General Partner of Sofinnova Ventures.
 "David offers tremendous insight on technology issues, market
 opportunities, and global operations within domestic and international
     About David Hytha
     David has been developing and growing multiple mobile communications
 businesses over his 25-year career. Beginning at AT&T in the early 1980s,
 David established both its semiconductor business in Japan, and its
 wireless infrastructure operations in Japan. While at AT&T, David founded
 the first department of Bell Laboratories outside the United States. In
 1994, David developed new businesses for AT&T/McCaw Cellular and started
 what became FarEasTone, a major GSM operator in Taiwan. While at Motorola
 in 1994, David was awarded the world's first 3GSM handset contract with NTT
 DoCoMo. David was also CEO of LGC Wireless, where he shipped the world's
 first distributed mobile antenna systems. In 1998 he joined Silicon Wave
 where he shipped the world's first standards-compliant Bluetooth chipset,
 which sold to RFMD in 2003.
     David joined T-Mobile in Europe in 2003 as Executive Vice President,
 Terminals and led the world's first reverse auction for mobile phones. He
 was also part of the team that released Web n' Walk, the first open access
 to the Internet from a major wireless carrier.
     David serves on the board of directors of Streamezzo Ltd., Renaissance
 Wireless and Catalyst Mobile, and he holds an MBA from Columbia University
 and a BA from the College of the Holy Cross.
     About Sofinnova Ventures
     Founded in 1974, Sofinnova Ventures is a leading venture capital firm
 specializing in spin offs and emphasizing a diversified investment strategy
 through the financing of early stage companies in the life science and
 information technology sectors. Sofinnova's mission is to create value by
 providing entrepreneurs with the resources, experience and networks
 necessary to turn their ideas into profitable businesses. For more
 information, visit

SOURCE Sofinnova Ventures