MANAGEMENT SCIENCE & ENGINEERING 273
TECHNOLOGY VENTURE FORMATION

Michael G. Lyons
Paladin Capital Group
cell: 650-823-3199
email: mike.lyons@compasscapital.com or mlyons@paladincapgroup.com
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Mr. Lyons currently serves as a Venture Partner with the Paladin Capital Group in
Washington, D.C. and as a Venture Partner for ePlanet Ventures I and II. From 2002 to
2006, he was also an Entrepreneur in Residence at Vanguard Ventures, a premier Silicon
Valley venture capital firm, and a Sr. Advisory Director of Investcorp, a large NY-based
late stage venture capital firm. He was a co-founder and General Partner of Zilkha
Venture Partners (Fund closed out in 2003), an early stage venture capital partnership
focused on seed and first round investments in IT and bio-technology companies,
principally located in Silicon Valley. That Fund had a first closing in July, 1999, has been
fully invested since 2001, and has returned more than invested capital and was highly
rated by Cambridge for ’99 funds. At ZVP, Mr. Lyons led the investments in Applied
Discovery, subsequently sold to Lexis Nexis, and Selectica (SLTC) where is was a
Director from 1998 to 2005. He was also a founding investor, CEO, and director of the
bio-photonics and telecom Stanford spinout Informed Diagnostics (now Picaro) which
raised in excess of $70M in venture financing. He founded SafeView, Inc. in 2002, a
Government Laboratory (PNNL) spinout, to address aspects of the anti-terrorist physical
security market; the Company closed A and B rounds totaling more than $23M led by
Draper Fisher Jurvetson, ePlanet Ventures, GE/Invision, Paladin Capital Group, and
Novak Biddle. He served as Chairman until its sale to L3 Communications in March,
2006. He currently serves as a Director of Real-Time Innovations, a privately held
software company, of Future Point Systems, focused on data visualization and advanced
data mining, and as Chairman and CEO of Zanttz, Inc. a cyber security spinout from
PNNL.

Concurrently, Mr. Lyons is a Consulting Associate Professor at both the Stanford
University Department of Management Science and Engineering and the Sauder School
of Business at the University of British Columbia. Serving in the Stanford position since
1988, he was a co-developer of the Stanford Technology Ventures Program with Prof.
Tom Byers. He is a founding professor of Technology Venture Formation, one of the
most highly rated courses in the School of Engineering, which he currently co-teaches
with Audrey MacLean, a leading Silicon Valley Angel investor and founder of NET. He
was also a charter faculty member for the IESE/Stanford Institute for Strategic
Management of Technology Companies held annually in Barcelona, Spain. Mr. Lyons
also served as a mentor and selection committee member for Silicon Valley Scholars, a
scholarship program sponsored by the Noyce Foundation, for high school juniors and
seniors demonstrating exceptional leadership potential for careers in the practical
sciences. He co-founded, with Andy Rappaport (August Capital) and renowned jazz
guitarist Bruce Forman, the Jazzmasters workshops, a nationally recognized high-school
jazz education program.

From 1980 to 1991, he was a co-founder, a Vice-President, and a Director of Integrated
Systems Inc. (INTS)(founded 1980), a leading implementer of high-performance realtime
control systems for aircraft, automotive, and manufacturing applications. He was
responsible for all contract R&D, prototype product development, and hardware systems
development from 1981 to 1991 and built an R&D team that was internationally
recognized. He was a key member of the management team that brought the company
public with Alex.Brown and Hambrecht & Quist, in 1990. The Company was merged
with WindRiver Systems in 1999. WindRiver was acquired by Intel in 2009.
Prior to Integrated Systems, Mr. Lyons held various positions with the Lockheed Missiles
and Space Co. He managed all control systems R&D at the LMSC Palo Alto Research
Laboratory (now the Lockheed Martin Advanced Technology Center) from 1975-1981.
As a Senior Staff Scientist he was responsible for creating a major research program,
funded by the Defense Advanced Research Projects Agency, focused on active structural
control for large space-based systems. This program established Lockheed as the leading
research contractor in this field of technology.

Mr. Lyons received a Bachelors and Masters (equivalent) in Engineering Physics from
Cornell University in 1965, an MSEE from Stanford in 1966, and an MBA, with
Distinction, from the Pepperdine Presidential/Key Executive Program in 1988. He
conducted PhD research in the Stanford Department of Aeronautics and Astronautics
between 1970-74. He is a graduate of the Stanford/AEA Institute for the Management of
High Technology Companies and a Price-Babson Fellow in Entrepreneurship Education.
He has operated several business aircraft, founded ProCharter Air Transport, was a line
instructor for Flight Safety International, and currently holds Multi-Engine Airline Transport Pilot and multi-engine and instrument flight instructor certificates.