BC Advantage Funds Portfolio Company Bought by Dolby

Vancouver, February 28, 2007 - BC Advantage Funds (VCC) Ltd. ("Advantage") announced today that one of its portfolio companies, Brightside Technologies Inc. ("Brightside"), has signed a definitive agreement to be acquired by Dolby Laboratories Inc. (NYSE: DLB) for cash consideration of approximately USD $28 million. The transaction is subject to customary closing conditions and is expected to be completed prior to the end of June 2007.

Brightside's sale to Dolby will provide Advantage's BC Tech Fund with an approximate three times return on its investment. BC Tech Fund shares are currently valued at CDN $10.30 and upon closing the Brightside transaction will result in a significant increase in share price.

Advantage is Brightside's only institutional investor. Advantage CFO and Partner, Tanner Philp, noted "We are very pleased to provide our investors with a further increase in the value of their investment. Generating a three times return over a relatively short period of time illustrates the value of Advantage's investment model of investing early in company's with significant growth potential."

Brightside is a Vancouver based developer of high dynamic range image technology that is focused on enabling the capture, distribution, and display of more vibrant video on mass-market LCD television sets, as well as front-projection and rear-projection televisions.

About Advantage
Advantage is the largest and best performing venture capital corporation in British Columbia. Advantage offers everyone in BC the opportunity to invest in some of the Province's most promising life science and technology and clean tech companies. Advantage investors receive a 30% refundable tax credit from the BC government on investments of up to $200,000 per year.

For more information about Advantage, please review our prospectus, visit our website www.bcadvantagefunds.com, access our online document library, or contact our Vice President, Sales and Marketing, Ray Matthews at rmatthews@lionscapital.com or 604.818.7778.

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