UTEK appoints Paul Teta
2009年1月21日 - 4:00PM
RNSニュース (英語)
TIDMUTK
UTEK Corporation
21 January 2009
UTEK Corporation Appoints Paul Teta as Director of Global Technology Licensing
and Commercialization
Tampa, FL -- (BUSINESS WIRE) - January 21, 2008 -- UTEK Corporation (NYSE
Alternext & LSE-AIM: UTK), an innovation services company, today announced that
it has appointed Paul Francis Teta as Director of Global Technology Licensing
and Commercialization.
In his new role Mr. Teta will assist UTEK's Global Technology Licensing clients
in finding and acquiring new technologies. In addition, he will direct the
Company's intellectual property value enhancement activities. Mr. Teta's
assistance to UTEK's clients will include assessment of their IP portfolios to
develop strategies to enhance their value.
Mr. Teta is an experienced intellectual property practitioner. His expertise
lies in helping clients create an effective intellectual property protection and
value enhancement strategy. Prior to joining UTEK Mr. Teta served more than
twenty years with BP (and its predecessor Amoco). In his most recent positions
at BP, he was the Manager of Intellectual Asset Management and of Intellectual
Capital Management. Prior to that, he was the Chief Operating Officer of BP's
IT technology incubator.
Mr. Teta holds a Juris Doctorate and a Master of Law degree in Intellectual
Property from DePaul University, and is a licensed attorney in Illinois. Mr.
Teta also holds a Bachelor and a Master of Science degree in Textile Technology
from Texas Tech University and the Institute of Textile Technology,
respectively.
His affiliations include the Licensing Executives Society, the American
Intellectual Property Law Association, the Institute of Law and Technology,
Omicron Delta Kappa, the American Bar Association, and the Illinois Bar
Association.
"We are very pleased to appoint Mr. Teta to the position of Director of Global
Technology Licensing and Commercialization. We are confident he will bring a
great deal of leadership, knowledge, and practice experience to our technology
licensing team, which has completed more than 100 licensing transactions,"
commented Bill Cawley, Sr. Vice President of UTEK.
About UTEK Corporation
UTEK is a leading innovation services company. UTEK enables clients to become
stronger innovators, rapidly source externally developed technologies, create
value from their intellectual property and gain foresight into marketplace and
technology developments that affect their business. UTEK is a business
development company. For more information about UTEK, please visit its website
at www.utekcorp.com.
Forward-Looking Statements
Certain matters discussed in this press release are "forward-looking
statements." These forward-looking statements can generally be identified as
such because the context of the statement will include words, such as UTEK
"expects," "should," "believes," "anticipates" or words of similar import.
Similarly, statements that describe UTEK's future plans, objectives or goals are
also forward-looking statements. Such forward-looking statements are subject to
certain risks and uncertainties, including the financial performance of UTEK and
the valuation of UTEK's investment portfolio, which could cause actual results
to differ materially from those currently anticipated. Although UTEK believes
the expectations reflected in any forward-looking statements are based on
reasonable assumptions, it cannot give any assurance that its expectations will
be attained. Shareholders, potential investors and other readers are urged to
consider these factors carefully in evaluating any forward-looking statements.
Certain factors could cause results and conditions to differ materially from
those projected in these forward-looking statements, and some of these factors
are discussed below. These factors are not exhaustive. New factors, risks and
uncertainties may emerge from time to time that may affect the forward-looking
statements made herein. These forward-looking statements are only made as of the
date of this press release and UTEK does not undertake any obligation to
publicly update such forward-looking statements to reflect subsequent events or
circumstances.
UTEK's operating results could fluctuate significantly due to a number of
factors. These factors include the small number of transactions that are
completed each quarter, the value of individual transactions, the timing of the
recognition and the magnitude of unrealized and realized gains and losses of
companies in its portfolio, UTEK's dependence on the performance of its
operating divisions as well as the companies in its portfolio, the possibility
that advances in technology could render the technologies it has transferred
obsolete, the loss of technology licenses by companies in its portfolio, the
degree to which it encounters competition in its markets, the volatility of the
stock market and the volatility of the valuations of the companies it has
invested in as it relates to its realized and unrealized gains and losses, the
concentration of investments in a small number of companies, marketplace demand
for innovation consulting services as well as other general economic conditions.
As a result of these and other factors, current results may not be indicative of
UTEK's future performance. For more information on UTEK and for a more complete
discussion of the risks pertaining to an investment in UTEK, please refer to
UTEK's filings with the Securities and Exchange Commission.
+-------------------------------+
| Contacts: |
+-------------------------------+
| UTEK Corporation |
+-------------------------------+
| USA: |
+-------------------------------+
| Allen & Caron, Inc. |
+-------------------------------+
| Brian Kennedy |
+-------------------------------+
| brian@allencaron.com |
+-------------------------------+
| 212-691-8087 |
+-------------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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