UTEK Announces the Publication of The Future of Innovation

UTEK Corporation (NYSE Amex: UTK), a leading IP licensing and innovation services company, is pleased to announce the immediate availability of The Future of Innovation, by Drs. Bettina von Stamm and Anna Trifilova in partnership with UTEK Corporation.

The Future of Innovation is relevant to an international audience, academics and practitioners as well as policy makers. “For the first time in the development of innovation management, large parts of its global community were asked a deceptively simple question with a significant challenge because each response was limited to only 500 words. We invited leading thinkers from diverse backgrounds: business, government, consulting, and academia, to participate and collected over 200 responses for the Book. This project, for us, represents a real opportunity to create a road map for the future of innovation; and a platform for networking and collaborating on a global scale going well into the future,” stated Dr. Trifilova, Co-editor of The Future of Innovation.

“Anna and I spent a good deal of effort eliciting themes and weaving individual pieces of this large puzzle together to create a colorful fabric that makes this book more than the sum of its parts,” added Dr. von Stamm, Co-editor of The Future of Innovation. “With UTEK's global leadership in IP licensing and innovation services, our partnership with them on the Book was a natural fit. The result is a thought-provoking snapshot of people’s fears, hopes, dreams and concerns around the globe on what the future might bring, and the role that innovation plays within it. The debate and journey continues on the website (www.thefutureofinnovation.org) where the number of contributors is approaching 400.”

“We are pleased to sponsor The Future of Innovation. Bringing together experts with broad perspectives on innovation as it can be applied in business, education and policy making is what makes this book such a great achievement,” commented Doug Schaedler, Chief Executive Officer of UTEK Corporation.

Price and Availability

The cover price is £30.00 or $59.95 (US). Copies may be ordered directly from www.gowerpublishing.com/isbn/9780566092138. The book will be available to order from any bookseller: Amazon Advantage, Barnes and Noble, W H Smith, Blackwells and others.

The Future of Innovation, eds Bettina von Stamm and Anna Trifilova, 528 pages, paperback, 978-0-566-09213-8, Gower Publishing, 2009

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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