Erich Muschellack

Age 63 Electronic Engineer with a Master’s degree in Computer Science (1976/1979). Attended the Venture Capital Institute at the University of Emory in Atlanta, GA, USA. (2002) Entrepreneur, co-founder and R&D director of Procomp Industria Eletronica Ltda. (1985). Company focused on the banking automation market, sustained 50% plus market share in Brazil in the nineties, ranked the 6th largest ATM manufacturer in the world in 1998 (The Nielson Report - USA). Got a capital investment from a Merrill Lynch managed investment fund in 1996. Company sold to Diebold Inc. (NYSE – DBD) in 1999. Advisor for start up companies since 2003, currently has 7 start up and early stage companies in the portfolio. Co-manager of the “Idee Seed Capital Fund” and member of the investment committee of the “Cventures Primus Early Stage Investment Fund”.