<PAGE>
OMB APPROVAL
--------------------------
OMB NUMBER: 3235-0145
EXPIRES: DECEMBER 31, 1997
ESTIMATED AVERAGE BURDEN
HOURS PER RESPONSE...14.90
--------------------------
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
Thermatrix, Inc.
----------------
(Name of Issuer)
Common Stock, $.001 par value
-----------------------------
(Title of Class of Securities)
0008835501
----------
(CUSIP Number)
*The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which
would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities
Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of
that section of the Act but shall be subject to all other provisions of the
Act (however, see the Notes).
<PAGE>
CUSIP NO. 0008835501 13G PAGE 2 OF 16 PAGES
- -------------------- --------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Venture Capital Fund of New England II, L.P.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
Not Applicable (b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 0 shares
-------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 623,410 shares
-------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 0 shares
-------------------------------------------------------------
PERSON 8 SHARED DISPOSITIVE POWER
WITH 623,410 shares
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
623,410 shares
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ]
Not Applicable
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
8.37%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON *
PN
- -------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 2 of 16 pages
<PAGE>
CUSIP NO. 0008835501 13G PAGE 3 OF 16 PAGES
- -------------------- --------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
FH & Co. II, L.P.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
Not Applicable (b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 0 shares
-------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 623,410 shares
-------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 0 shares
-------------------------------------------------------------
PERSON 8 SHARED DISPOSITIVE POWER
WITH 623,410 shares
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
623,410 shares
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ]
Not Applicable
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
8.37%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON *
PN
- -------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 3 of 16 pages
<PAGE>
CUSIP NO. 0008835501 13G PAGE 4 OF 16 PAGES
- -------------------- --------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Venture Capital Fund of New England III, L.P.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
Not Applicable (b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 0 shares
-------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 623,410 shares
-------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 0 shares
-------------------------------------------------------------
PERSON 8 SHARED DISPOSITIVE POWER
WITH 623,410 shares
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
623,410 shares
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ]
Not Applicable
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
8.37%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON *
PN
- -------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 4 of 16 pages
<PAGE>
CUSIP NO. 0008835501 13G PAGE 5 OF 16 PAGES
- -------------------- --------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
FH & Co. III, L.P.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
Not Applicable (b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 0 shares
-------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 623,410 shares
-------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 0 shares
-------------------------------------------------------------
PERSON 8 SHARED DISPOSITIVE POWER
WITH 623,410 shares
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
623,410 shares
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ]
Not Applicable
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
8.37%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON *
PN
- -------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 5 of 16 pages
<PAGE>
CUSIP NO. 0008835501 13G PAGE 6 OF 16 PAGES
- -------------------- --------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Richard A. Farrell
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
Not Applicable (b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 0 shares
-------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 623,410 shares
-------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 0 shares
-------------------------------------------------------------
PERSON 8 SHARED DISPOSITIVE POWER
WITH 623,410 shares
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
623,410 shares
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ]
Not Applicable
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
8.37%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON *
PN
- -------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 6 of 16 pages
<PAGE>
CUSIP NO. 0008835501 13G PAGE 7 OF 16 PAGES
- -------------------- --------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Harry J. Healer, Jr.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
Not Applicable (b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 0 shares
-------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 623,410 shares
-------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 0 shares
-------------------------------------------------------------
PERSON 8 SHARED DISPOSITIVE POWER
WITH 623,410 shares
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
623,410 shares
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ]
Not Applicable
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
8.37%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON *
PN
- -------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 7 of 16 pages
<PAGE>
CUSIP NO. 0008835501 13G PAGE 8 OF 16 PAGES
- -------------------- --------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Kevin J. Dougherty
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
Not Applicable (b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 0 shares
-------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 623,410 shares
-------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 0 shares
-------------------------------------------------------------
PERSON 8 SHARED DISPOSITIVE POWER
WITH 623,410 shares
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
623,410 shares
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ]
Not Applicable
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
8.37%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON *
PN
- -------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 8 of 16 pages
<PAGE>
CUSIP NO. 0008835501 13G PAGE 9 OF 16 PAGES
- -------------------- --------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
William C. Mills, III
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
Not Applicable (b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 0 shares
-------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 623,410 shares
-------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 0 shares
-------------------------------------------------------------
PERSON 8 SHARED DISPOSITIVE POWER
WITH 623,410 shares
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
623,410 shares
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ]
Not Applicable
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
8.37%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON *
PN
- -------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 9 of 16 pages
<PAGE>
Schedule 13G
------------
Item 1(a). Name of Issuer: Thermatrix, Inc.
--------------
Item 1(b). Address of Issuer's Principal Executive Offices:
-----------------------------------------------
101 Metro Drive, Suite 248
San Jose, CA 95110
Item 2(a). Names of Persons Filing: The Venture Capital Fund of New
-----------------------
England II, L.P., FH & Co. II, L.P., The Venture Capital Fund
of New England III, L.P., FH & Co. III, L.P., Richard A.
Farrell, Harry J. Healer, Jr., Kevin J., III.
FH & Co. II, L.P. is the sole general partner of The Venture Capital
Fund of New England II, L.P. FH & Co. III, L.P. is the sole
general partner of The Venture Capital Fund of New England III,
L.P. Messrs. Farrell, Healer Dougherty and Mills are
individual general partners of both FH & Co. II, L.P. and FH &
Co. III, L.P.
Item 2(b). Address of Principal Business Office or, if None, Residence:
-----------------------------------------------------------
The address of the principal business office of FH & Co. II, L.P.,
The Venture Capital Fund of New England II, L.P., FH & Co. III,
L.P., The Venture Capital Fund of New England III, L.P. and
Messrs. Farrell and, Healer, Dougherty and Mills is 160 Federal
Street, Boston, MA 02110.
Item 2(c). Citizenship: FH & Co. II, L.P., The Venture Capital Fund of
-----------
New England II, L.P., FH & Co. III, L.P. and The Venture
Capital Fund of New England III, L.P. are limited partnerships
organized under the laws of the State of Delaware. Each of
Messrs. Farrell, Healer, Dougherty and Mills is a United States
citizens.
Item 2(d). Title of Class of Securities: Common Stock, $.001 par value
----------------------------
per share
Item 2(e). CUSIP Number: 0008835501
-------------
Item 3. If this statement if filed pursuant to Rules 13d-1(b), or 13d-2(b),
check whether the person filing is a:
(a) [ ] Broker or Dealer registered under Section 15 of the
Securities Exchange Act of 1934 (the "Act").
<PAGE>
(b) [ ] Bank as defined in Section 3(a)(6) of the Act.
(c) [ ] Insurance Company as defined in Section 3(a)(19) of the Act.
(d) [ ] Investment Company registered under Section 8 of the
Investment Company Act of 1940.
(e) [ ] Investment Advisor registered under Section 203 of the
Investment Advisers Act of 1940.
(f) [ ] Employee Benefit Plan, Pension Fund which is subject
to the provisions of the Employee Retirement Income
Security Act of 1974 or Endowment Fund; see Rule 13d-
1(b)(1)(ii)(f) of the Act.
(g) [ ] Parent Holding Company, in accordance with Rule 13d-
1(b)(ii)(G) of the Act.
(h) [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(H) of
the Act.
Not Applicable.
Item 4. Ownership.
---------
(a) Amount Beneficially Owned
Each of FH & Co. II, L.P., The Venture Capital Fund of New
England II, L.P., FH & Co. III, L.P. and The Venture Capital
Fund of New England III, L.P. (individually an "Entity" and
collectively the "Entities"), Messrs. Farrell, Healer, Dougherty
and Mills may be deemed to own beneficially 623,410 shares of
Common Stock as of December 31, 1996.
As of December 31, 1996, The Venture Capital Fund of New England
II, L.P. was the record owner of 409,123 shares of Common Stock,
and The Venture Capital Fund of New England III, L.P. was the
record owner of 214,287 shares of Common Stock (The shares held
of record by The Venture Capital Fund of New England II, L.P.
and The Venture Capital Fund of New England III, L.P. are
referred to herein collectively as the "Record Shares"). By
virtue of the affiliate relationships among the Entities, each
Entity may be deemed to own beneficially all of the Record
Shares. Hence, each Entity may be deemed to own beneficially
623,410 shares of Common Stock. In
<PAGE>
their capacities as individual general partners of FH & Co. II,
L.P. and FH & Co. III, L.P., each of Messrs. Farrell, Healer,
Dougherty and Mills may be deemed to own beneficially 623,410
shares of Common Stock.
(b) Percent of Class:
The Venture Capital Fund of New England II, L.P.: 8.37 %
FH & Co. II, L.P.: 8.37 %
The Venture Capital Fund of New England III, L.P.: 8.37 %
FH & Co. III, L.P.: 8.37 %
Richard A. Farrell: 8.37 %
Henry J. Healer, Jr.: 8.37 %
Kevin J. Dougherty: 8.37 %
William C. Mills, III: 8.37 %
The foregoing percentages are calculated based on the 7,451,389
shares of Common Stock reported to be outstanding in the
quarterly report on Form 10Q filed with the SEC for the
period ended September 30, 1996.
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote:
The Venture Capital Fund of New England II, L.P.: 0 shares
FH & Co. II, L.P.: 0 shares
The Venture Capital Fund of New England III, L.P.: 0 shares
FH & Co. III, L.P.: 0 shares
Richard A. Farrell: 0 shares
Henry J. Healer, Jr.: 0 shares
Kevin J. Dougherty: 0 shares
William C. Mills, III: 0 shares
(ii) shared power to vote or to direct the vote:
The Venture Capital Fund of New England II, L.P.:
623,410 shares
FH & Co. II, L.P.: 623,410 shares
The Venture Capital Fund of New England III,
L.P.: 623,410 shares
FH & Co. III, L.P.: 623,410 shares
Richard A. Farrell: 623,410 shares
Henry J. Healer, Jr.: 623,410 shares
Kevin J. Dougherty: 623,410 shares
William C. Mills, III: 623,410 shares
(iii) sole power to dispose or direct the disposition:
The Venture Capital Fund of New England II, L.P.: 0 shares
FH & Co. II, L.P.: 0 shares
<PAGE>
The Venture Capital Fund of New England III, L.P.: 0 shares
FH & Co. III, L.P.: 0 shares
Richard A. Farrell: 0 shares
Henry J. Healer, Jr.: 0 shares
Kevin J. Dougherty: 0 shares
William C. Mills, III: 0 shares
(iv) shared power to dispose or direct the disposition:
The Venture Capital Fund of New England II, L.P.:
623,410 shares
FH & Co. II, L.P.: 623,410 shares
The Venture Capital Fund of New England III,
L.P.: 623,410 shares
FH & Co. III, L.P.: 623,410 shares
Richard A. Farrell: 623,410 shares
Henry J. Healer, Jr.: 623,410 shares
Kevin J. Dougherty: 623,410 shares
William C. Mills, III: 623,410 shares
Each of reporting persons expressly disclaims beneficial ownership
of any shares of Common Stock of Information Storage Devices,
Inc. except in the case of The Venture Capital Fund of New
England II, L.P. for the 409,123 shares which it holds of
record and The Venture Capital Fund of New England III, L.P.
for the 214,287 shares which it holds of record.
Item 5. Ownership of Five Percent or Less of a Class.
--------------------------------------------
Not Applicable.
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
----------------------------------------------------------------
Not Applicable.
Item 7. Identification and Classification of the Subsidiary which
---------------------------------------------------------
Acquired the Security Being Reported on By the Parent Holding
-------------------------------------------------------------
Company.
-------
Not Applicable.
Item 8. Identification and Classification of Members of the Group.
---------------------------------------------------------
Not Applicable. The Reporting Persons expressly disclaim membership
in a "group" within the meaning of Regulation 13D.
Item 9. Notice of Dissolution of Group.
------------------------------
Not Applicable.
<PAGE>
Item 10. Certification.
-------------
Not Applicable. This statement on Schedule 13G is not filed
pursuant to Rule 13d-1(b).
<PAGE>
SIGNATURES
----------
After reasonable inquiry and to the best of my knowledge and belief, we
certify that the information set forth in this statement is true, complete and
correct. We also hereby agree to file this statement jointly pursuant to the
Agreement set forth as Exhibit 1 hereto.
Date: February 12, 1997
THE VENTURE CAPITAL FUND OF NEW ENGLAND II, L.P.
By: FH & Co. II, L.P.
By: /s/ Kevin J. Dougherty
------------------------------
General Partner
FH & CO. II, L.P.
By: /s/ Kevin J. Dougherty
------------------------------
General Partner
THE VENTURE CAPITAL FUND OF NEW ENGLAND III, L.P.
By: FH & Co. III, L.P.
By: /s/ Kevin J. Dougherty
------------------------------
General Partner
FH & CO. III, L.P.
By: /s/ Kevin J. Dougherty
------------------------------
General Partner
/s/ Richard A. Farrell
- ------------------------------
Richard A. Farrell
/s/ Harry J. Healer, Jr.
- ------------------------------
Harry J. Healer, Jr.
/s/ Kevin J. Dougherty
- ------------------------------
Kevin J. Dougherty
/s/ William C. Mills, III
- ------------------------------
William C. Mills, III
<PAGE>
EXHIBIT 1
---------
AGREEMENT
---------
Pursuant to Rule 13d-1(f)(1) under the Securities Exchange Act of 1934, the
undersigned hereby agree that only one statement containing the information
required by Schedule 13G need be filed with respect to the ownership by each of
the undersigned of shares of Common Stock of Thermatrix, Inc.
This Agreement may be executed in any number of counterparts, each of which
shall be deemed an original.
Date: February 12, 1997
THE VENTURE CAPITAL FUND OF NEW ENGLAND II, L.P.
By: FH & Co. II, L.P.
By: /s/ Kevin J. Dougherty
------------------------------
General Partner
FH & CO. II, L.P.
By: /s/ Kevin J. Dougherty
------------------------------
General Partner
THE VENTURE CAPITAL FUND OF NEW ENGLAND III, L.P.
By: FH & Co. III, L.P.
By: /s/ Kevin J. Dougherty
------------------------------
General Partner
FH & CO. III, L.P.
By: /s/ Kevin J. Dougherty
------------------------------
General Partner
/s/ Richard A. Farrell
- ------------------------------
Richard A. Farrell
/s/ Harry J. Healer, Jr.
- ------------------------------
Harry J. Healer, Jr.
/s/ Kevin J. Dougherty
- ------------------------------
Kevin J. Dougherty
/s/ William C. Mills, III
- ------------------------------
William C. Mills, III
