BC Advantage Funds Portfolio Company to be Acquired

Vancouver, April 10, 2007 - BC Advantage Funds (VCC) Ltd. announced today that one of its portfolio companies, Parasun Technologies Inc., has agreed to be acquired by Uniserve Communications Corp. (TSXV:USS). The transaction is an all cash deal, with an initial payment of $10.0 million to be followed by an earn-out payment of up to another $2.5 million based on Parasun's financial performance over the first six months of its fiscal year, which period ends on April 30, 2007. Based on Parasun's performance over the first five months of this six month period, it is expected that the purchase price will include most if not all of this additional payment. Parasun shareholders will also receive a small additional distribution from excess working capital.

Stated David Raffa, Fund Manager of Advantage and Board member of Parasun, "We are very pleased to see another one of our portfolio companies achieve an early liquidity event. Parasun was one of our Fund's first technology investments. The company has come a long way since we invested, and this is a very good result for us and for all Parasun shareholders." Based on the anticipated sale proceeds, Advantage should realize a return of greater than 4.5 times its capital invested.

The transaction is scheduled to close in May, 2007 and is subject to the usual conditions precedent and subject also to Uniserve completing a financing. In the event Uniserve is unable to complete its financing, it will not be in a position to complete the acquisition.

Advantage CEO, Frank Holler, noted "This liquidity event is a good example of our mentor program in action. Advantage mentors David Raffa and Dr. Basil Peters have been extremely active board members of Parasun and were asked by the company to lead the sale process. They took on the responsibility to prepare the company for sale, identify prospective buyers and negotiate the transaction. They worked closely with management and the other board members in this process and ultimately achieved an excellent result."

About Advantage

Advantage offers everyone in BC the opportunity to invest in some of the Province's most promising life science, technology and clean-technology 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 at www.bcadvantagefunds.com or contact our Vice President, Sales and Marketing, Ray Matthews at rmatthews@lionscapital.com or 604.818.7778.

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