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Sofinnova invests in Purple Labs

August 2007

Client(s) Sofinnova Partners S.A.

Jones Day counseled Sofinnova Partners in connection with its purchase of €10.5 million (US $14.5 million) of Series A1, A2 and A3 Convertible Preferred Stock in a private placement by Purple Labs SA, the only independent software vendor with a complete Linux solution for mass-market 3G phones.

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