Mark Radcliffe to Join the Board of UTEK Corporation
February 08 2010 - 9:47AM
Business Wire
UTEK Corporation (NYSE Amex: UTK), a leading IP licensing and
innovation services company proudly announces that Mr. Mark F.
Radcliffe, J.D., is joining its Board of Directors. The UTEK Board
approved the appointment, to commence February 10, 2010.
Mr. Radcliffe is currently a Partner at DLA Piper, one of the
world’s largest law firms, specializing in strategic intellectual
property advice, software licensing, Internet licensing, copyright
and trademark, private financing and corporate partnering. He
graduated magna cum laude from the University of Michigan and went
on to Harvard University for his law degree. In 1998, Harvard Law
School honored Mr. Radcliffe by naming him a “Distinguished
Alumni”. Mr. Radcliffe is lauded by the legal community, his peers
and clients alike, being named in The Best Lawyers in America and
also as one of Northern California’s Top 100 intellectual property
lawyers. In 2009, Intellectual Asset Magazine named Mr. Radcliffe
as one of its IAM250: Leading Global IP Strategists. Mr. Radcliffe
is the author of numerous articles as well as several books
including the Internet Law and Business Handbook in 2000. He has
been directly engaged in countless intellectual property
negotiations and has provided advice on cutting edge legal issues
such as the domain name dispute resolution policies in 1994 and
open source licensing. He regularly works with the Global Fortune
500 on developing their intellectual property protection and
exploitation strategies.
“UTEK is clearly an emerging leader in the innovation strategy
and services industry,” says Mark Radcliffe. “UTEK has put together
a unique end to end innovation solution for its clients that helps
accelerate their ability and capacity to innovate. I am proud to
serve on their Board and look forward to bringing the culmination
of my experience and interest to bear in this capacity to help them
succeed.”
“Mark Radcliffe is a great addition to our Board as a proven
expert and passionate advocate for intellectual property and
innovation. Mark’s legal expertise is directly relevant to and
aligned with UTEK’s mission of helping our clients capture value
from all of their IP assets, improving their innovation
capabilities and helping them to outperform their industry,” states
Doug Schaedler, Chief Executive Officer of UTEK Corporation. “We
are excited to have such a dynamic trio as Mark Radcliffe, an
expert in intellectual property rights and open source technology,
Dr. Henry Chesbrough, the pioneering thought leader of the global
open innovation movement, and Charles Pope, an audit and accounting
specialist for public companies, join our Board this month.”
UTEK also announces that Sam Reiber, General Counsel of UTEK
Corporation, will step down from the Board position he has held
since 1998. Sam will continue to serve UTEK in his capacity of
General Counsel.
Keith Witter, UTEK Chairman, commented, “I would like to thank
Sam for his dedicated service to the Board since the inception of
the company almost twelve years ago. I’m pleased that we will
continue to benefit from Sam’s wit and wisdom in the Company’s day
to day operations.”
About UTEK Corporation
UTEK® is a leading global IP licensing and innovation services
company. UTEK’s services enable its clients to enhance their
innovation capabilities, rapidly source externally developed
technologies, create value from their intellectual property and
gain foresight into marketplace and technology developments that
could affect their business. 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. Certain
factors could cause actual results to differ materially from those
projected in these forward looking statements and these factors are
identified from time to time in our filings with the Securities and
Exchange Commission. We undertake no obligation to publicly update
or revise any forward-looking statements, whether as a result of
new information, future events or otherwise. This press release is
available on UTEK’s website www.utekcorp.com.
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