-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, C4IIpYBT7pZ1UWMQfLLeNDZfyUPgYkwnVrsn/KWoOgVnhdaeX9sKGWiwTEvK2+ml SaPMI68l2ejEikXoWshS/g== 0000950135-99-000666.txt : 19990215 0000950135-99-000666.hdr.sgml : 19990215 ACCESSION NUMBER: 0000950135-99-000666 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 19990212 GROUP MEMBERS: CANAAN MANAGEMENT LIMITED PARTNERSHIP GROUP MEMBERS: CANAAN OFFSHORE MANAGEMENT, N.V. GROUP MEMBERS: CANAAN VENTURE LIMITED PARTNERSHIP GROUP MEMBERS: CANAAN VENTURE OFFSHORE LIMITED PARTNERSHIP, C.V. GROUP MEMBERS: CANAAN VENTURE PARTNERS L.P. GROUP MEMBERS: JAMES J. FITZPATRICK SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ALARMGUARD HOLDINGS INC CENTRAL INDEX KEY: 0000319250 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-MISCELLANEOUS RETAIL [5900] IRS NUMBER: 330318116 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: SEC FILE NUMBER: 005-30530 FILM NUMBER: 99533637 BUSINESS ADDRESS: STREET 1: 125 FRONTAGE ROAD STREET 2: STE 1880 CITY: ORANGE STATE: CT ZIP: 06477 BUSINESS PHONE: 2037959000 MAIL ADDRESS: STREET 1: 125 FRONTAGE ROAD STREET 2: STE 1880 CITY: ORANGE STATE: CT ZIP: 06477 FORMER COMPANY: FORMER CONFORMED NAME: TRITON GROUP LTD DATE OF NAME CHANGE: 19950328 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CANAAN VENTURE LIMITED PARTNERSHIP CENTRAL INDEX KEY: 0001012808 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] STATE OF INCORPORATION: CT FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 105 ROWAYTON AVE CITY: ROWAYTON STATE: CT ZIP: 06853 BUSINESS PHONE: 2038550400 MAIL ADDRESS: STREET 1: CANAAN VENTURE LIMITED PARTNERSHIP STREET 2: 105 ROWAYTON AVE CITY: ROWAYTON STATE: CT ZIP: 06853 SC 13G/A 1 CANAAN VENTURE L.P. / ALARMGUARD HOLDINGS, INC. 1 ------------------------- OMB APPROVAL ------------------------- UNITED STATES OMB Number: 3235-0145 SECURITIES AND EXCHANGE COMMISSION Expires: August 31, 1999 WASHINGTON, D.C. 20549 Estimated average burden hours per response..14.90 ------------------------- SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. One )* Alarmguard Holdings, Inc. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, $.0001 par value - -------------------------------------------------------------------------------- (Title of Class of Securities) 011649100 ------------ (CUSIP Number) December 31, 1998 - -------------------------------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [ ] Rule 13d-1(b) [ ] Rule 13d-1(c) [X] Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). Page 1 of 17 pages 2 CUSIP No. 011649100 SCHEDULE 13G Page 2 of 17 Pages --------- -- -- - -------------------------------------------------------------------------------- (1) NAMES OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS Canaan Venture Limited Partnership - -------------------------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- (3) SEC USE ONLY - -------------------------------------------------------------------------------- (4) CITIZENSHIP OR PLACE OF ORGANIZATION Delaware Limited Partnership - -------------------------------------------------------------------------------- (5) SOLE VOTING POWER 233,965 NUMBER OF ---------------------------------------------------- SHARES (6) SHARED VOTING POWER BENEFICIALLY OWNED BY 559,138 EACH ---------------------------------------------------- REPORTING (7) SOLE DISPOSITIVE POWER PERSON WITH 233,965 ---------------------------------------------------- (8) SHARED DISPOSITIVE POWER 559,138 - -------------------------------------------------------------------------------- (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 793,103 - -------------------------------------------------------------------------------- (10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 14.2% - -------------------------------------------------------------------------------- (12) TYPE OF REPORTING PERSON * PN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 2 of 17 pages 3 CUSIP No. 011649100 SCHEDULE 13G Page 3 of 17 Pages --------- -- -- - -------------------------------------------------------------------------------- (1) NAMES OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS Canaan Venture Offshore Limited Partnership, C.V. - -------------------------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- (3) SEC USE ONLY - -------------------------------------------------------------------------------- (4) CITIZENSHIP OR PLACE OF ORGANIZATION Netherlands Antilles Limited Partnership - -------------------------------------------------------------------------------- (5) SOLE VOTING POWER 559,138 NUMBER OF ---------------------------------------------------- SHARES (6) SHARED VOTING POWER BENEFICIALLY OWNED BY 233,965 EACH ---------------------------------------------------- REPORTING (7) SOLE DISPOSITIVE POWER PERSON WITH 559,138 ---------------------------------------------------- (8) SHARED DISPOSITIVE POWER 233,965 - -------------------------------------------------------------------------------- (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 793,103 - -------------------------------------------------------------------------------- (10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 14.2% - -------------------------------------------------------------------------------- (12) TYPE OF REPORTING PERSON * PN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 3 of 17 pages 4 CUSIP No. 011649100 SCHEDULE 13G Page 4 of 17 Pages --------- -- -- - -------------------------------------------------------------------------------- (1) NAMES OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS Canaan Management Limited Partnership - -------------------------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- (3) SEC USE ONLY - -------------------------------------------------------------------------------- (4) CITIZENSHIP OR PLACE OF ORGANIZATION Delaware Limited Partnership - -------------------------------------------------------------------------------- (5) SOLE VOTING POWER 0 NUMBER OF ---------------------------------------------------- SHARES (6) SHARED VOTING POWER BENEFICIALLY OWNED BY 793,103 EACH ---------------------------------------------------- REPORTING (7) SOLE DISPOSITIVE POWER PERSON WITH 0 ---------------------------------------------------- (8) SHARED DISPOSITIVE POWER 793,103 - -------------------------------------------------------------------------------- (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 793,103 - -------------------------------------------------------------------------------- (10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 14.2% - -------------------------------------------------------------------------------- (12) TYPE OF REPORTING PERSON * PN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 4 of 17 pages 5 CUSIP No. 011649100 SCHEDULE 13G Page 5 of 17 Pages --------- --- --- - -------------------------------------------------------------------------------- (1) NAMES OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS Canaan Offshore Management, N.V. - -------------------------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- (3) SEC USE ONLY - -------------------------------------------------------------------------------- (4) CITIZENSHIP OR PLACE OF ORGANIZATION Netherlands Antilles Corporation - -------------------------------------------------------------------------------- (5) SOLE VOTING POWER 0 NUMBER OF ---------------------------------------------------- SHARES (6) SHARED VOTING POWER BENEFICIALLY OWNED BY 559,138 EACH ---------------------------------------------------- REPORTING (7) SOLE DISPOSITIVE POWER PERSON WITH 0 ---------------------------------------------------- (8) SHARED DISPOSITIVE POWER 559,138 - -------------------------------------------------------------------------------- (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 559,138 - -------------------------------------------------------------------------------- (10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 10.0% - -------------------------------------------------------------------------------- (12) TYPE OF REPORTING PERSON * CO - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 5 of 17 pages 6 CUSIP No. 011649100 SCHEDULE 13G Page 6 of 17 Pages --------- --- --- - -------------------------------------------------------------------------------- (1) NAMES OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS Canaan Venture Partners L.P. - -------------------------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- (3) SEC USE ONLY - -------------------------------------------------------------------------------- (4) CITIZENSHIP OR PLACE OF ORGANIZATION Delaware Limited Partnership - -------------------------------------------------------------------------------- (5) SOLE VOTING POWER 0 NUMBER OF ---------------------------------------------------- SHARES (6) SHARED VOTING POWER BENEFICIALLY OWNED BY 793,103 EACH ---------------------------------------------------- REPORTING (7) SOLE DISPOSITIVE POWER PERSON WITH 0 ---------------------------------------------------- (8) SHARED DISPOSITIVE POWER 793,103 - -------------------------------------------------------------------------------- (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 793,103 - -------------------------------------------------------------------------------- (10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 14.2% - -------------------------------------------------------------------------------- (12) TYPE OF REPORTING PERSON * PN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 6 of 17 pages 7 CUSIP No. 011649100 SCHEDULE 13G Page 7 of 17 Pages --------- --- --- - -------------------------------------------------------------------------------- (1) NAMES OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS James J. Fitzpatrick - -------------------------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- (3) SEC USE ONLY - -------------------------------------------------------------------------------- (4) CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- (5) SOLE VOTING POWER 0 NUMBER OF ---------------------------------------------------- SHARES (6) SHARED VOTING POWER BENEFICIALLY OWNED BY 793,103 EACH ---------------------------------------------------- REPORTING (7) SOLE DISPOSITIVE POWER PERSON WITH 0 ---------------------------------------------------- (8) SHARED DISPOSITIVE POWER 793,103 - -------------------------------------------------------------------------------- (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 793,103 - -------------------------------------------------------------------------------- (10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 14.2% - -------------------------------------------------------------------------------- (12) TYPE OF REPORTING PERSON * IN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 7 of 17 pages 8 ITEM 1(a). NAME OF ISSUER Alarmguard Holdings, Inc. ITEM 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES 125 Frontage Road Orange, CT 06477 ITEM 2(a). NAME OF PERSON FILING This statement is filed by Canaan Venture Limited Partnership, a Delaware limited partnership, ("Canaan Venture"), Canaan Venture Offshore Limited Partnership C.V., a Netherlands Antilles limited partnership ("Canaan Venture Offshore"), Canaan Management Limited Partnership, a Delaware limited partnership, ("Canaan Management"), Canaan Offshore Management, N.V., a Netherlands Antilles corporation ("Canaan Corporation"), Canaan Venture Partners L.P., a Delaware limited partnership, ("Canaan Partners") and James J. Fitzpatrick, (the "Partner"). Canaan Management (which serves as the sole general partner of Canaan Venture and one of the two general partners of Canaan Venture Offshore), Canaan Corporation (which serves as the other general partner of Canaan Venture Offshore), Canaan Partners (which serves as the general partner of Canaan Management) and the Partner (who serve as a general partner of Canaan Partners), are collectively referred to as the "Reporting Persons" in this Schedule 13G. ITEM 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE Except in the case of Canaan Venture Offshore, and Canaan Corporation, the principal business address of the Reporting Persons is 105 Rowayton Avenue, Rowayton, CT 06853. The principal address of Canaan Venture Offshore and Canaan Corporation is c/o ABN Trustcompany, Pietermaai 15, Curacao, the Netherlands Antilles. ITEM 2(c). CITIZENSHIP Each of Canaan Venture, Canaan Management and Canaan Partners is a limited partnership organized under the laws of Delaware. Canaan Venture Offshore is a limited partnership and Canaan Corporation is a corporation, each organized under the laws of the Netherlands Antilles. The Partner is a citizen of the United States. ITEM 2(d). TITLE OF CLASS OF SECURITIES This Schedule 13G report relates to the Common Stock, par value $.0001 ("Common Stock") of Alarmguard Holdings, Inc. ("the Company"). Page 8 of 17 pages 9 ITEM 2(e). CUSIP NUMBER CUSIP number 011649100. ITEM 3. IF THIS STATEMENT IF FILED PURSUANT TO RULES 13D-1(b), OR 13D-2(b), CHECK WHETHER THE PERSON FILING IS A: None. ITEM 4. OWNERSHIP (a) Canaan Venture owns 233,965 shares of Common Stock and Canaan Venture Offshore owns 559,138 shares of Common Stock. All other Reporting Persons hold their respective beneficially owned shares due to their relationships to the above Partnerships as outlined in Item 2. (b) By virtue of their common control, Canaan Venture and Canaan Venture Offshore each may be deemed to be the beneficial owners of 793,103 shares of Common Stock, representing beneficial ownership of 14.2% of the Company. Canaan Management, by virtue of its status as general partner of Canaan Venture and Canaan Venture Offshore, may be deemed to be the beneficial owner of 793,103 shares, representing beneficial ownership of 14.2%. Canaan Corporation, by virtue of its status as a general partner of Canaan Venture Offshore, may be deemed to be the beneficial owner of 559,138 shares, representing beneficial ownership of 10.0%. By virtue of his status as a general partner of Canaan Management, Canaan Partners may be deemed to be the beneficial owner of 793,103 shares, representing beneficial ownership of 14.2%. By virtue of his status as a general partner of Canaan Partners, the Partner may be deemed to be the beneficial owner of 793,103 shares representing in the case of the Partner, beneficial ownership of 14.2%. The foregoing percentages are calculated based on the 5,593,948 shares of Common Stock reported to be outstanding in the Quarterly Report on Form 10-Q of the Issuer for the quarter ended June 30, 1998.
NUMBER OF SHARES ------------------------------------------------- (i) (ii) (iii) (iv) -------- ------- ------- -------- (c) REPORTING PERSON Canaan Venture 233,965 559,138 233,965 559,138 Canaan Venture Offshore 559,138 233,965 559,138 233,965 Canaan Management 0 793,103 0 793,103 Canaan Corporation 0 559,138 0 559,138 Canaan Partners 0 793,103 0 793,103 James J. Fitzpatrick 0 793,103 0 793,103
(i) Sole power to vote or direct the vote (ii) Shared power to vote or to direct the vote (iii) Sole power to dispose or to direct the disposition of (iv) Shared power to dispose or to direct the disposition of ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS Not applicable. ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON Not applicable. Page 9 of 17 pages 10 ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY Not applicable. ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP Each of the reporting persons expressly disclaims membership in a "Group" as defined in Rule 13d-1 (b) (ii) (J). ITEM 9. NOTICE OF DISSOLUTION OF GROUP Not applicable. ITEM 10. CERTIFICATION Not applicable. This Schedule 13G is not filed pursuant to Rule 13d-1(b). DATE: February 10, 1999 Page 10 of 17 pages 11 SIGNATURES After reasonable inquiry and to the best of my knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct. Canaan Venture Limited Partnership By: Canaan Management Limited Partnership Its General Partner By: Canaan Venture Partners L.P. Its General Partner By: * --------------------------------------- General Partner Canaan Venture Offshore Limited Partnership, C. V. By: Canaan Management Limited Partnership Its General Partner By: Canaan Venture Partners L.P. Its General Partner By: * --------------------------------------- General Partner Canaan Management Limited Partnership By: Canaan Venture Partners L.P. Its General Partner By: * --------------------------------------- General Partner Canaan Offshore Management, N.V. By: * --------------------------------------- Director Canaan Venture Partners L.P. By: * --------------------------------------- General Partner Page 11 of 17 pages 12 * - --------------------------------------- James J. Fitzpatrick *By: /s/ Guy M. Russo ------------------------ Guy M. Russo Attorney-in-Fact - ---------------------------------------------------------------------------- This Schedule 13G was executed by Guy M. Russo pursuant to Powers of Attorney filed with the Securities and Exchange Commission on April 22, 1997, in connection with a Schedule 13D for Alarmguard Holdings, Inc., which Powers of Attorney are incorporated herein by reference and copies of which are attached hereto as Exhibit 2. Page 12 of 17 pages EX-99.1 2 JOINT FILING AGREEMENT 1 EXHIBIT 1 JOINT FILING AGREEMENT In accordance with Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended, the undersigned agree that only one statement containing the information required by Schedule 13G need be filed by each of the undersigned with respect to the ownership by each of the undersigned of shares of stock of Alarmguard Holdings, Inc. This Agreement may be executed in any number of counterparts, each of which shall be deemed an original. Canaan Venture Limited Partnership By: Canaan Management Limited Partnership Its General Partner By: Canaan Venture Partners L.P. Its General Partner By: * --------------------------------------- General Partner Canaan Venture Offshore Limited Partnership, C. V. By: Canaan Management Limited Partnership Its General Partner By: Canaan Venture Partners L.P. Its General Partner By: * --------------------------------------- General Partner Canaan Management Limited Partnership By: Canaan Venture Partners L.P. Its General Partner By: * --------------------------------------- General Partner Canaan Offshore Management, N.V. By: * --------------------------------------- Director Canaan Venture Partners L.P. By: * --------------------------------------- General Partner Page 13 of 17 pages 2 * - --------------------------------------- Harry T. Rein * - --------------------------------------- James J. Fitzpatrick * - --------------------------------------- Gregory Kopchinsky * - --------------------------------------- Robert J. Migliorino * - --------------------------------------- Eric A. Young *By: /s/ Guy M. Russo ---------------------- Guy M. Russo Attorney-in-Fact - ---------------------------------------------------------------------------- This Schedule 13G was executed by Guy M. Russo pursuant to Powers of Attorney filed with the Securities and Exchange Commission on April 22, 1997, in connection with a Schedule 13D for Alarmguard Holdings, Inc., which Powers of Attorney are incorporated herein by reference and copies of which are attached hereto as Exhibit 2. Page 14 of 17 pages EX-99.2 3 POWER OF ATTORNEY 1 EXHIBIT 2 POWER OF ATTORNEY KNOW ALL MEN BY THESE PRESENTS, that each person whose signature appears below hereby constitutes and appoints Guy M. Russo his true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution, for him and in his name, place and stead, in any and all capacities (until revoked in writing) to sign any and all instruments, certificates and documents required to be executed on behalf of himself as an individual or in his capacity as a general partner or authorized signatory, as the case may be, on behalf of any of Canaan Venture Limited Partnership; Canaan Venture Offshore Limited Partnership, C.V.; Canaan Offshore Management, N.V.; Canaan Management Limited Partnership or Canaan Venture Partners L.P. pursuant to the Securities Act of 1933, as amended, (the "Securities Act"), or the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and any and all regulations promulgated thereunder and to file the same, with all exhibits thereto, and any other documents in connection therewith, with the Securities and Exchange Commission, and with any other entity when and if such is mandated by the Securities Act, the Exchange Act or by the By-laws of the National Association of Securities Dealers, Inc., granting unto said attorney-in-fact and agent full power and authority to do and perform each and every act and thing requisite and necessary fully to all intents and purposes as he might or could do in person thereby, and ratifying and confirming all that said attorney-in-fact and agent, or his substitute or substitutes, may lawfully do or cause to be done by virtue hereof, or may have done in connection with the matters described above. [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK] Page 15 of 17 pages 2 IN WITNESS WHEREOF, this Power of Attorney has been signed as of the 14th day of April, 1997. CANAAN VENTURE LIMITED PARTNERSHIP By: Canaan Management Limited Partnership Its General Partner By: Canaan Venture Partners L.P. Its General Partner By: /s/ Harry T. Rein -------------------------------- General Partner CANAAN VENTURE OFFSHORE LIMITED PARTNERSHIP C.V. By: Canaan Management Limited Partnership Its General Partner By: Canaan Venture Partners L.P. Its General Partner By: /s/ Harry T. Rein -------------------------------- General Partner CANAAN OFFSHORE MANAGEMENT, N.V. By: /s/ Harry T. Rein -------------------------------- Director CANAAN MANAGEMENT LIMITED PARTNERSHIP By: Canaan Venture Partners L.P. Its General Partner By: /s/ Harry T. Rein -------------------------------- General Partner Page 16 of 17 pages 3 CANAAN VENTURE PARTNERS L.P. By: /s/ Harry T. Rein -------------------------------- General Partner /s/ Harry T. Rein - ------------------------------------ Harry T. Rein /s/ James J. Fitzpatrick - ------------------------------------ James J. Fitzpatrick /s/ Gregory Kopchinsky - ------------------------------------ Gregory Kopchinsky /s/ Robert J. Migliorino - ------------------------------------ Robert J. Migliorino /s/ Eric A. Young - ------------------------------------ Eric A. Young Page 17 of 17 pages -----END PRIVACY-ENHANCED MESSAGE-----