Region: Central Europe, with a primary focus on Hungary, followed by other countries slated to join the European Union in 2004, including Slovakia, Slovenia and the Czech Republic. We will evaluate selected investment opportunities in Austrian companies with links to the above-mentioned EU-accession countries.

Targeted Sectors: technology, including software, electronics, telecom equipment, and medical technologies, technology-related services, pharmaceutical and biotech services, real estate

Investment size:  Initial investment amounts will be between US$50,000-US$500,000 per company.

Investee Company Profile: Companies in the target sectors that require capital to accelerate growth, including expanding into larger markets. Primus will invest in established early-stage companies with (a) existing revenues of less than $5 million annually, (b) a relatively complete management team, (c) existing products/services, (d) a realistic and achievable growth strategy that supports the future exit of Primus.

Business Models: Primus envisions investing in

• Companies with innovative technologies, products and/or services, capable of competing in global markets
• Companies, primarily in services, with businesses capable of becoming leaders in their local or regional markets