Capstream Ventures Inc. announced that in connection with proposed acquisition of an additional interest in Axion, Paul Larkin will be stepping down as President and Chief Executive Officer of the company and John Todd Bonner will be appointed as Chief Executive Officer. Mr. Larkin will remain as a director of the company and Mr. Bonner will also continue as a director of the company and Chairman of the Board of Directors. The appointment of Mr. Bonner is part of Capstream's strategy of investing in a portfolio of undervalued internet technology investment opportunities.

Mr. Bonner is one of the founders of Axion and has served as a director of Axion since January 2007.