For Immediate Release Contact: Jeremy Milner
401-862-9422
jeremy@jeremymilner.com

Courtney Chandler
617-375-4217
courtney@revolutionpartners.com
...........................................................................................................

REVOLUTION PARTNERS ADVISES WORLDCHAIN, INC. IN SALE TO
OPTUM, INC.


WHITE PLAINS, N.Y. & FREMONT, CALIF. (May 17, 2004) – Optum, Inc. today
announced it has acquired Fremont, Calif.-based WorldChain, Inc., a supply-chain execution firm specializing in network transactions management, real-time visibility and exception resolution. WorldChain’s hosted solutions have helped market heavyweights, including Gateway, Network Appliance, StorageTek and Verifone, remove hundreds of millions of dollars in excess inventory from their operations. Revolution Partners, LLC acted as exclusive financial advisor to WorldChain, Inc.

“Customers are demanding low-cost, flexible supply chain solutions, on demand,” said Bruce Richardson, senior vice president at AMR Research. “We have seen this translate into the prevalent use of open-standards technology; the emergence of secure, scaleable hosting operations; the importance of process-focused, quick-to-deploy solutions; and the need for transparency and strict performance management. With its acquisition of WorldChain, Optum continues to demonstrate its viability, putting the right pieces in place to meet the business needs of today’s discerning buyers.”



Revolution Partners is one of the nation's largest investment banks focused exclusively on Mergers & Acquisitions and Private Capital Fundraising Advisory Services for technology companies. All of our clients benefit from senior-level attention from partners with deep sector expertise.

Revolution Partners was founded in 2001 by former senior technology bankers from major Wall Street investment banks. With offices in Boston, San Francisco and Los Angeles, Revolution applies partner-level experience to the successful execution of advisory and financing transactions for emerging technology companies in industry sectors including software, Internet business services, telecommunications, wireless, clean tech, digital media, storage and semiconductors. For more information, visit www.revolutionpartners.com.

 
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Investment services are provided through Morgan Keegan & Company, Inc., member FINRA and SIPC. Securities and insurance products sold through Morgan Keegan are not FDIC insured, not a deposit, not an obligation of or guaranteed by any bank, or any government agency, and may lose value.