UPS Strategic Enterprise Fund

The Strategic Enterprise Fund (the "SEF") is the private equity strategic investment arm of UPS. The Fund is a corporate venture capital group which focuses on developing critical partnerships and acquiring knowledge returns from its investments in information technology companies and emerging market-spaces.

Established in 1997, the SEF is an important business development tool that enables exploration of emerging markets and technologies that may enhance the evolving business model of UPS. The Fund monitors external business environments and allows UPS to learn from companies directly involved in the new economy. Knowledge gained from fund investments helps UPS to "Enable Global Commerce" by providing our customers with tools to enhance every aspect of business. These tools broaden and speed the flow of not only goods, but information and funds as well.

The Fund invests in companies that are strategically relevant to UPS, and reflects the strong emphasis that UPS places on becoming the leading provider of technologically advanced services in the transportation and logistics industry.