1. Promising Sectors: Where are the High-Return Deals? Rodolfo M. Oppenheimer Buenos Aires, September 21, 2005 1

2. Uruguay’s Background Excellent intellectual capacity in the technology area. Excellent intellectual capacity in the technology area. Background of basic research at educational centers (e.g.: Chemistry, Medicine, Software, Agriculture, etc.). Background of basic research at educational centers (e.g.: Chemistry, Medicine, Software, Agriculture, etc.). Development of technology center (state policy). Development of technology center (state policy). One of the highest Internet and PC penetration rates in LA. One of the highest Internet and PC penetration rates in LA. One of the largest exporter of software in Latin America. One of the largest exporter of software in Latin America. New economic cycle following the financial crisis. New economic cycle following the financial crisis. Very attractive valuations of companies. Very attractive valuations of companies. Difficulties to obtain financing. Difficulties to obtain financing. 2

3. The Uruguayan advantages can be exploited with attractive risk return potential due to: The evolution of global telecom and technology, permitting increased access to new markets. The evolution of global telecom and technology, permitting increased access to new markets. The tested business proposition and proven products of a number of companies that were forged during the 1990’s. The tested business proposition and proven products of a number of companies that were forged during the 1990’s. These companies survived the internet bubble and have grown strictly with internal sources of capital. These companies survived the internet bubble and have grown strictly with internal sources of capital. Some can capture now clear worldwide trends. Some can capture now clear worldwide trends. The application of new technologies in Uruguay’s traditional service and agro-industry sectors. The application of new technologies in Uruguay’s traditional service and agro-industry sectors. Value Creation Opportunity 3

4. Investment Opportunity Uruguay isn’t Argentina, Brazil nor Mexico. Uruguay isn’t Argentina, Brazil nor Mexico. Local market very limited: Local market very limited: No capital markets; No capital markets; No consumption market; and, No consumption market; and, No significant traditional local brands. No significant traditional local brands. Companies have grown from the lab to products. Companies have grown from the lab to products. From its stability, educational background, institutional stability, and now with a new entrepreneurial class: Great Opportunity for Niche Market VC!!! From its stability, educational background, institutional stability, and now with a new entrepreneurial class: Great Opportunity for Niche Market VC!!! 4

5. Prosperitas Capital Partners PCP is investing in entrepreneurial teams w/unique replicable and scalable ideas outside of the region improving valuation not just by increasing profitability, but by improving its quality: Targeting companies with unique technologies or “know- hows” in the “high-tech”, services and agro-industries. Targeting companies with unique technologies or “know- hows” in the “high-tech”, services and agro-industries. Supporting with very “Hands-On” management by its team members. Supporting with very “Hands-On” management by its team members. Applying a strict professional approach combining analytical and problem solving skills with a disciplined, strategically- driven investment process. Applying a strict professional approach combining analytical and problem solving skills with a disciplined, strategically- driven investment process. 5

6. Creating an “Eco-system” for Success Capital & Mgmt. Entrepreneurial Spirit Scientific Evolution Market Reality VALUE 6

7. Medicaa Trazabilidad Trazabilidad World Trends (From Uruguayan Perspective) 7

8. Technology Map 8

9. Thank You! ¿Questions? 9