The Business, Engineering, Science & Technology Discoveries Fund Inc. (CNSX:VC)
(the "Fund") is pleased to announce that one of its largest portfolio companies,
Protus IP Solutions Inc. ("Protus"), has been acquired by j2 Global
Communications Inc. ("j2 Global"), a publicly-listed company (NASDAQ:JCOM).


j2 Global acquired Protus in a cash transaction valued at approximately $213
million, subject to certain post-closing adjustments. The transaction represents
one of the most successful exits by the Fund and is expected to result in an
increase in the Net Asset Value of the Fund as at December 6, 2010 of
approximately $6 million or 14% as a result of this transaction. As an all cash
deal, the Fund will benefit from a significant cash inflow.


"The transaction represents the realization of tremendous value for our
shareholders and one of our biggest wins so far," says John Richardson, Chief
Executive Officer of BEST Funds. "Protus is another example of an exit that
clearly demonstrates the merits of our investment strategy and approach to
meeting our objective of creating long-term capital appreciation for our
shareholders."


About BEST Funds

BEST, established in 1996, is experienced in raising, investing and managing
venture capital and making investments in emerging sectors. The BEST Funds group
currently manages the following retail venture funds: The Business, Engineering,
Science & Technology Discoveries Fund Inc. and B.E.S.T. Total Return Fund Inc.,
as well as a number of private funds. Please visit our website at
www.bestfunds.ca
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