Singapore, 20 October 2009 – The Technology Transfer Network (TTN) announced today at the
inaugural Innovation and Enterprise Week (IEW) conference 2009 that the Network has extended its commercial reach to add to its fold the Singapore International Chamber of Commerce (SICC) as an Associate Member. With the joining of SICC, the TTN, founded in February 2008, has twenty-five (25) members across Asia, United States, Canada, Europe and New Zealand.

As an Associate Member, SICC will be able to participate in enhanced collaboration with the network of TTN members to share best practices, leverage expertise and resources, and collaborate on networking opportunities to enhance technology transfer to the industry globally.

Joining TTN provides SICC members an opportunity to look at emerging technologies on a regular and coordinated basis. The interaction at TTN level also serves as a platform where SICC members can participate and contribute in providing feedback of industry needs. Mr Phillip Overmyer, the Chief Executive of the SICC, added, “We are honoured to be invited as the first International Chamber of Commerce to join the TTN as its Associate Member. With our 800 strong membership where 60 percent are foreign-owned companies with headquarters overseas, and 40 percent are locally-owned companies, we believe that this alliance will enable SICC member companies and TTN’s members to collectively explore innovative ideas and foster strategic business partnerships both in the local and international markets.”

Mr Boon Swan Foo, Executive Chairman of Exploit Technologies and the Chairman of the Technology Transfer Network said, “The TTN warmly welcomes SICC onboard our team. I am confident that SICC’s industry outreach and relevance will expand TTN’s perspective.” SICC will participate in the upcoming IEW Conference 2009 as a supporting partner. IEW 2009 Conference is taking place October 20-22, 2009 at Biopolis, Singapore. Additional information on IEW 2009 content and registration is available at www.iew2009.com.

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INFORMATION ON THE TECHNOLOGY TRANSFER NETWORK (TTN)

In less than a year, TTN has seen the joining of sixteen Affiliate and Associate Members, many
operating outside Asia. To date, TTN’s global members include:

Affiliate Members

INFORMATION ON THE NEW AFFILIATE MEMBER

The Chamber constantly monitors and, where appropriate, speaks up on issues or
developments of concern to its members. The Chamber also has an on-going dialogue with the
government and statutory bodies through regular meetings and consultation. Here again,
diverse issues that affect the private sector are regularly raised for clarification and possible
remedial action by government departments and statutory bodies.

In these ways, the Chamber combines its “watch-dog” role with that of acting as a catalyst for
the improvement of the business and investment environment in Singapore.

Due to the overwhelming response and interest for the T3M, a second round of recruitment is now available for interested candidates.  To apply, visit http://exploit-tech.webs.com/t3m.htm

Innovation and Enterprise Week 2009

The NTU ideas.inc Business Challenge

Got an idea for your own business? Check out the ideas.inc. Business Challenge and stand the chance to walk away with funding support and prizes up to $80,000! The Nanyang Technological University (NTU) and SPRING Singapore ideas.inc. Business Challenge encourages aspiring young entrepreneurs to act upon their ideas and entrepreneurial aspirations. The inaugural ideas.inc. Business Challenge is a unique competition that brings together a combination of funding support and expert mentorship. By giving participating teams early-stage capital up to $65,000 in the business challenge and mentoring advice, the competition speeds up the commercialisation of innovative new products and services from idea to market.  Its ultimate goal is to foster a pool of talented market-savvy young business people with innovative new businesses that have strong competitive advantage, scalable business innovation and market potential beyond Singapore. By submitting an executive summary based upon the unique business idea young individuals find themselves a step closer to realizing this unique opportunity that turn ideas into a real products or services!

For more information about the event click here.

Master of Science in Technopreneurship and Innovation Programme NTU

Msc TIP is the 1st of its kind Asia’s Global entrepreneurship & innovation program offered by TTN Founding Member, the Nanyang Technopreneurship Center of Nanyang Technological University (NTU) since 2002, taking candidates to Singapore, US and China through a revolutionary educational journey that is set to transform dreams into reality. Modeled against the entire venture creation cycle, candidates will be equipped with essential entrepreneurship skills, mindsets and rigorous business knowledge. MSc TIP aims to develop entrepreneurs that possess the skills and stamina to grow businesses through global learning experiences. For more information, click here.

BEST PRACTICES IN TECHNOLOGY TRANSFER

Find out more about the best practices in technology transfer from Technology Transfer Tactics, an Associate Member of TTN.

IP SEARCH ENGINE

To conduct searches on patents, trade marks and industrial designs, visit SurfIP, a project of the Intellectual Property Office of Singapore (IPOS).

TECHNOLOGY OFFERS FROM EXPLOIT TECHNOLOGIES OF A*STAR

Exploit Technologies (ETPL), the commercialisation arm of the Agency for Science, Technology and Research (A*STAR) provides licensing of IPs developed by A*STAR Research Institutes to the industry.

Biomedical Technology Offers

Science and Engineering Technology Offers

RESEARCH & DEVELOPMENT COMPETENCIES: SINGAPORE RESEARCHERS DATABASE

The Singapore Researchers Database is established and maintained by the Agency for Science, Technology and Research (A*STAR). The database contains information on researchers in both the Biomedical Sciences and Physical Science & Engineering domains that are working primarily in Singapore.

To begin your searching for technology domain expertise, please click here.

FUNDS TO ASSIST COMPANIES IN R&D AND COMMERCIALISATION

There are various funding schemes from Singapore Government agencies designed to assist companies in R&D, commercialisation, startup and growth. Find out more about how you can tap on them here.

GET CONNECTED TO ANGEL NETWORKS IN SINGAPORE

Exploit Technologies and Business Angel Network South East Asia (BANSEA) collaborate to assist start-ups get connected to Angel networks in Singapore under the Angel Investment Management (AIM) scheme. Find out more here.

NEWS COVERAGE ON THE TTN

Find out about what the media is saying about the TTN:

“Exploit Technologies, SMa Join Hands to support start-ups” BioSpectrum, Asia Edition, 20 May 2009.

“S’pore Manufacturers’ Federation & Exploit Technologies to help start-ups” Channel News Asia, 19 May 2009.

“Exploit, HP Alumni to sign MOU under the AIM initiative”, BioSpectrum, Asia Edition, 18 Feb 2009.

“A*STAR unit eyes angel investors to fund start-ups”, The Business Times, 16 Feb 2009.

“Tech Transfer alliance widens global reach”, ZDNet Asia, 25 Nov 2008.

“Exploit Technologies Launches the Distinguished Technopreneur”, BioSpace, 23 Oct 2008.

“Exploit Technologies and BANSEA sign MOU under the Angel Investment Management (AIM) initiative”, BioSpace, 15 Oct 2008.

“The Technology Transfer Network announces the joining of its newest Founding Member, and finds global support exponentially”, BioSpace, 16 Jul 2008.

“Tech Transfer group enlists new members”, ZDNet Asia, 15 Jul 2008.

“Technology Transfer Tactics first periodical to become member of Singapore’s Technology Transfer Network”, Reuters, 24 June 2008.

“Singapore’s TTN goes global”, BioSpectrum, Asia Edition, 16 Apr 2008.

“Technology Network to let firms sample latest research”, EnterpriseOne, 13 Feb 2008.

“One-stop network to help firms access technology transfer”, The Straits Times, 12 Feb 2008.

“A*STAR signs MOU with 6 schools to form technology network”, Channel News Asia, 12 Feb 2008.

Singapore, 31 August 2009 – A*STAR Chairman Mr Lim Chuan Poh will be putting the spotlight on “Engineering a Sustainable Future” when he presents his Lecture during the 3rd IES Charles Rudd Distinguished Lecture (CRDL). Organised by The Institution of Engineers, Singapore (IES) annually, the CRDL is designed to be a platform for distinguished speakers to give their take on the latest science and technological developments in Singapore and the world. Past speakers include SPRING Singapore Chairman Mr Philip Yeo and ex-EDB Chairman Mr Lim Siong Guan.

Mr Lim will also present the IES Prestigious Engineering Achievement Awards 2009, given annually to outstanding engineers or companies, to seven recipients. The PEAA recipients will be holding an exhibition of their winning projects before the Lecture. Please refer to Appendix 1 for more details on the PEAA.

On this occasion, IES and Exploit Technologies will sign a Memorandum of Understanding to establish a strategic collaboration under the Angel Investment Management (AIM) initiative. This collaboration serves to enhance and accelerate Angel networking activity, and enable startups to have greater access to Angel
investors in Singapore and the region.

Under the new partnership, IES and Exploit Technologies will collaborate to organise Angel networking events and undertake joint marketing activities to promote investments in local startups.

IES will set up an “IES Angels Roundtable” to provide the opportunities for its members to jointly invest in high-growth companies and promising start-ups and a platform to network and link up with the Angels community. The Roundtable will be chaired by Er. Edwin Khew, CEO and Managing Director, IUT Global Pte Ltd, and Chairman, IES Manufacturing Group.

Exploit Technologies will channel a pipeline of startups from the Agency for Science, Technology and Research (A*STAR) and the Technology Transfer network (TTN) to Angel investors during its Angel networking activities.

Mr Boon Swan Foo, Executive Chairman, Exploit Technologies, said: Mr Boon Swan Foo, Executive Chairman, Exploit Technologies, said: “We have seen many Singapore start-ups with great potential for global success. Often, all they need is an experienced mentor who can guide and advise them to avoid the initial pitfalls. We believe Angel investors could plug this current gap in the entrepreneurship ecosystem, through providing mentorship services, coaching for elevator pitches, shaping of business plans, and of course, helping start-ups with their fundraising efforts. I congratulate IES for coming onboard the Angel Investment Management programme. Recently, with signs that the global economy is looking up, we hope that more of such committed individuals and organisations like IES could partner us in paving the way forward for indigenous start-ups.”

Er. Lee Bee Wah, President, IES, said: “AIM is a good model where ‘inventor-meetsinvestor’ and ideas are made a reality. We want to engage our members through the IES Angels Roundtable and enable them to establish networks within the Angels community and pick up interesting investment opportunities along the way.”

The 3rd IES Charles Rudd Distinguished Lecture will be held on Monday 31 August 2009 at 7.00 pm at The Matrix Auditorium at Biopolis, Singapore. Media representatives are invited to cover the event. Please refer to Appendix 2 for the programme.

###

For media enquiries, please contact:

Ms Valerie J. Neo
Manager, External Relations
The Institution of Engineers, Singapore (IES)
DID : (65) 6461 1229
Email : valerie@iesnet.org.sg

Ms Seeto Wei Peng
Vice President, Corporate Marketing and Communications
Exploit Technologies Pte Ltd (A member of A*STAR)
DID: (65) 6478 8443
Email : weipeng@exploit-tech.com

Looking for an opportunity to have an enriching career in the Technology Transfer Management industry? Whether you are a mid-career professional looking for a career switch, or a recent university or polytechnic graduate in the disciplines of Science, Engineering, Law or Business, you could be the one we are looking for! Apply now!

Join us for a T3M Briefing on 19th August to find out more about technology transfer and T3M ! To RSVP, email to T3M@exploit-tech.com.

T3M - Second round of applications now open!

The Traineeship in Technology Transfer Management (T3M) is a two-year programme that aims to provide skills training and upgrading opportunities for Singaporeans and Singapore Permanent Residents in the areas of Intellectual Property (IP) Management, Commercialisation of Technology and Research, and Technopreneurship.

We are now inviting a second round of applications for the T3M programme! Download the full programme structure here.

Application deadline: 21st August 2009.

Read more…

Master of Science in Technopreneurship and Innovation Programme NTU

Msc TIP is the 1st of its kind Asia’s Global entrepreneurship & innovation program offered by TTN Founding Member, the Nanyang Technopreneurship Center of Nanyang Technological University (NTU) since 2002, taking candidates to Singapore, US and China through a revolutionary educational journey that is set to transform dreams into reality. Modeled against the entire venture creation cycle, candidates will be equipped with essential entrepreneurship skills, mindsets and rigorous business knowledge. MSc TIP aims to develop entrepreneurs that possess the skills and stamina to grow businesses through global learning experiences. For more information, click here.

BEST PRACTICES IN TECHNOLOGY TRANSFER

Find out more about the best practices in technology transfer from Technology Transfer Tactics, an Associate Member of TTN.

IP SEARCH ENGINE

To conduct searches on patents, trade marks and industrial designs, visit SurfIP, a project of the Intellectual Property Office of Singapore (IPOS).

TECHNOLOGY OFFERS FROM EXPLOIT TECHNOLOGIES OF A*STAR

Exploit Technologies (ETPL), the commercialisation arm of the Agency for Science, Technology and Research (A*STAR) provides licensing of IPs developed by A*STAR Research Institutes to the industry.

Biomedical Technology Offers:

- Biological Reagents & Tools

- Diagnostics

- Medical Devices & Imaging

- Medical Informatics

Science and Engineering Technology Offers:

- Chemicals & Materials

- Communications

- General Engineering

- Information Technology

- Manufacturing Technology

- Mechanical Devices

- MEMS & Nanotechnology

- Semiconductors

- Sensors & Optics

Search Engine for Technology Offers, click here.

RESEARCH & DEVELOPMENT COMPETENCIES: SINGAPORE RESEARCHERS DATABASE

The Singapore Researchers Database is established and maintained by the Agency for Science, Technology and Research (A*STAR). The database contains information on researchers in both the Biomedical Sciences and Physical Science & Engineering domains that are working primarily in Singapore.

To begin your searching for technology domain expertise, please click here.

FUNDS TO ASSIST COMPANIES IN R&D AND COMMERCIALISATION

There are various funding schemes from Singapore Government agencies designed to assist companies in R&D and commercialisation. Find out more about how you can tap on them here.

GET CONNECTED TO ANGEL NETWORKS IN SINGAPORE

Exploit Technologies and Business Angel Network South East Asia (BANSEA) collaborate to assist start-ups get connected to Angel networks in Singapore under the Angel Investment Management (AIM) scheme. Find out more here.

NEWS COVERAGE ON THE TTN

Find out about what the media is saying about the TTN:

“Exploit Technologies, SMa Join Hands to support start-ups” BioSpectrum, Asia Edition, 20 May 2009.

“S’pore Manufacturers’ Federation & Exploit Technologies to help start-ups” Channel News Asia, 19 May 2009.

“Exploit, HP Alumni to sign MOU under the AIM initiative”, BioSpectrum, Asia Edition, 18 Feb 2009.

“A*STAR unit eyes angel investors to fund start-ups”, The Business Times, 16 Feb 2009.

“Tech Transfer alliance widens global reach”, ZDNet Asia, 25 Nov 2008.

“Exploit Technologies Launches the Distinguished Technopreneur”, BioSpace, 23 Oct 2008.

“Exploit Technologies and BANSEA sign MOU under the Angel Investment Management (AIM) initiative”, BioSpace, 15 Oct 2008.

“The Technology Transfer Network announces the joining of its newest Founding Member, and finds global support exponentially”, BioSpace, 16 Jul 2008.

“Tech Transfer group enlists new members”, ZDNet Asia, 15 Jul 2008.

“Technology Transfer Tactics first periodical to become member of Singapore’s Technology Transfer Network”, Reuters, 24 June 2008.

“Singapore’s TTN goes global”, BioSpectrum, Asia Edition, 16 Apr 2008.

“Technology Network to let firms sample latest research”, EnterpriseOne, 13 Feb 2008.

“One-stop network to help firms access technology transfer”, The Straits Times, 12 Feb 2008.

“A*STAR signs MOU with 6 schools to form technology network”, Channel News Asia, 12 Feb 2008.

Singapore, 18 May 2009 – Exploit Technologies and Singapore Manufacturers’ Federation (SMa) will announce at a memorandum of understanding (MOU) signing ceremony tomorrow that a strategic collaboration will be established under the Exploit Technologies Angel Investment Management initiative (AIM). This collaboration serves to enhance and accelerate Angel investors networking activities; thus enabling start-ups and SMa members to have greater access to Angel investors and updates on technology developments in Singapore and in the region. Second Minister for Finance and Transport Lim Hwee Hua is the Guest of Honour at the event.

Under the new partnership, Exploit Technologies and SMa will collaborate to organise Angel networking events and undertake joint marketing activities to promote Angel investments in local start-ups. In addition, Exploit Technologies will continue to channel a pipeline of start-ups from the Agency for Science, Technology and Research (A*STAR) and the Technology Transfer Network (TTN) to Angel investors during its angel networking activities such as regular pitching sessions and coordinated luncheons and tea receptions.

Mr Boon Swan Foo, Executive Chairman of Exploit Technologies and Chairman of TTN said, “The recession is likely to have a severe impact on new and small businesses if help was not rendered in time. SMa, as a representative body for the manufacturing community in Singapore, can provide invaluable support to start-ups through its extensive network and its members’ experience in various areas. I congratulate SMa for coming onboard the Angel Investment Management programme to help Singapore start-ups in difficult times like now. We are calling for more committed individuals and organisations to step forward to join us in this quest to nurture homegrown start-ups.”

Under the MOU, SMa will also link up its members who are keen to be Angel investors for these potential start-ups. In addition, Exploit Technologies and SMa may during Networking Events showcase technologies from the A*STAR research institutes to provide an opportunity for SMa members to adopt leading edge  technologies to either upgrade their current business operations or to venture into new business areas. .

As the leading association for local manufacturers, SMa has an extensive network of established manufacturers and experienced businessmen who can help to mentor young entrepreneurs by sharing valuable insights, and thereby steering these start-ups into profitable organisations.

Mr Renny Yeo, President of SMa added, “This Angel Investment Management initiative is an excellent platform for our local manufacturers to share industry knowledge and expertise with these start-ups. In addition, some of our more established members can provide the much-needed financial support and valuable mentorship to spur on these entrepreneurs. SMa is encouraging our members to play a pro-active role in redefining the manufacturing landscape in Singapore by innovating through technology and establishing closer working relationships between organizations and new start-ups.”

The AIM initiative was launched by Exploit Technologies on 15 July 2008 to encourage innovation in the Singapore investment landscape and inject new vibrancy into the Singapore economy.  It achieves these through facilitating and catalysing Angel investment in start-ups, which will also benefit aspiring entrepreneurs. In particular, AIM encourages Angel networks to be formed through special interest groups and helps Angel investors to gain access to a large pool of Intellectual Property portfolios and start-ups in the Singapore Agency for Science, Technology and Research (A*STAR) and other partners of the Technology Transfer Network  (TTN).

Besides SMa and TTN, the Business Angels Network South East Asia (BANSEA), NTU Alumni Club and HP Alumni also joined AIM on 15 October 2008, 22 December 2008 and 19 February this year respectively. To facilitate the collaboration of joint programmes, Exploit Technologies is now hosting the BANSEA Secretariat at its premise located at Biopolis.

The signing ceremony will take place tomorrow afternoon (19 May 2009) at Biopolis, Singapore. Participating in this ceremony are Mr Boon Swan Foo, Executive Chairman of Exploit Technologies and Chairman of the Technology Transfer Network (TTN); and Mr Renny Yeo, President of SMa. Mrs Lim Hwee Hua, Second Minister for Finance and Transport is the Guest of Honour at the event.

###
For media enquiries, please contact:

Walter Lee
Senior Vice President & Fellow, Exploit Technologies (a member of A*STAR)
Head, Technology Transfer Network (TTN) Secretariat
Head, Angel Investment Management (AIM) Programme, Exploit Technologies
Email: walter@exploit-tech.com

Seeto Wei Peng
Exploit Technologies Pte Ltd (A member of A*STAR)
Corporate Marketing and Communications
DID: (65) 6478 8443
Mobile: (65) 8375 9474
Email: weipeng@exploit-tech.com

Evelyn Tan
Singapore Manufacturers’ Federation
Membership, Research and Corporate Communications
DID: (65) 6826 3057
Mobile: (65) 9765 1758
Email: evelyntan@smafederation.org.sg

Singapore, 11 May 2009 – The Technology Transfer Network (TTN) announced today that its Founding Members will leverage the jointly developed IP Cluster Maps to maximise the potential of translational R&D work that can be funded under the National Research Foundation (NRF) Translational R&D Grants for Polytechnics, one of the initiatives under the National Framework for Innovation and Enterprise. NRF did an Open Grant Call this afternoon at Nanyang Polytechnic.  

The TTN, established in February 2008 by eight Founding Members, is a collaborative alliance of technology transfer offices set up to enhance the effectiveness of technology transfer to industry. The core activities of the TTN include IP cluster mapping, training and certification of TTO professionals, joint marketing and events, technology advisory services, industry collaboration, and regular dialogue and sharing of best practices. The eight Founding Members that have contributed to development of the IP Maps include A*STAR Exploit Technologies, Nanyang Polytechnic, Nanyang Technopreneurship Centre, Ngee Ann Polytechnic, Republic Polytechnic, Singapore Management University, Singapore Polytechnic and Temasek Polytechnic.  

As part of the drive to accelerate translation R&D efforts in research areas of common interests, the Founding Members have over the last year worked together to map out IP Clusters comprising IP Portfolios of the TTN members. These clusters are developed based on their relevance and impact to the industry, as well as to complement the extensive work already underway in each of the Founding Members’ research teams. Through the IP Cluster mapping process, the TTN members are constantly exploring opportunities of collaboration and tapping on synergy in complementary R&D work done. 

With the Open Grant Call made by NRF today to fund polytechnics that engage in translation R&D work, the TTN Founding Members are committed to utilise the IP Cluster maps to identify relevant R&D areas that will be good candidates for the competitive fund. 

Mr Boon Swan Foo, Executive Chairman of Exploit Technologies and the Chairman of the Technology Transfer Network said, “In the wake of today’s bleak economic outlook, smart investment dollars are flowing into countries and organisations with a strong focus on commercialisation and innovation. The joint efforts by TTN Founding Members in IP Cluster mapping and in working together to develop translational R&D projects with the market in mind is commendable. This move to leverage the TTN IP Cluster maps cannot be more timely; given that Singapore is stepping up on its efforts to help local companies leverage technologies and remain competitive in turbulent times.”  

Mr Edward Ho, Dy Principal/Development, Nanyang Polytechnic said, “NYP is happy to contribute to this effort on IP cluster mapping as it offer the chance for the various IHLs to now aggregate their capabilities and core competencies in a productive and concerted manner towards IP commercialization. We are confident that this effort will result in optimum utilization of resources, know-how and experience.” 

Sharing his views on the collaboration, Associate Professor Tan Teng Kee, Director of the Nanyang Technopreneurship Center, NTU, said, “Intellectual property cluster mapping is a worthwhile initiative to help bridge the various TTN Founding Members’ R&D efforts. The new relationships forged will also strengthen the effectiveness of technology commercialisation and thereby contribute towards realising the vision of TTN.” 

Mr Foo See Meng, Deputy Principal, Ngee Ann Polytechnic said, “IP clusters are important drivers for the competitiveness of Singapore’s innovation and enterprise development. They will facilitate project collaborations among institutions beyond their own strengths and come up jointly with the best expertise available for the work” 

Commenting on the collaboration, Mr Yeo Li Pheow, Principal/CEO, Republic Polytechnic said, “The IP Cluster Mapping Initiative provides an excellent platform for the polytechnics, universities and research institutions to pool and leverage on the valuable IP and know-how developed within each institute to develop products and applications with greater impact than what could be achieved if the institutes were to work alone.” 

Practice Professor Desai Arcot Narasimhalu, Director of SMU Institute of Innovation and Entrepreneurship and Practice Professor, School of Information Systems, SMU said “SMU is very pleased with the progress in IP cluster mapping exercise. This is a good beginning towards building compelling business innovations using IP residing across different founding and other members of TTN. The logical next step is to identify one or two business innovation development projects using IP from a few members to realize the value from the results of the IP cluster mapping exercise. SMU has developed a method for monetizing technology innovations and would be pleased to share this know how with the members of TTN. Another important next step is to develop a commonly agreed upon formula for sharing the revenues from business innovations developed using IP from different members. Such a formula is crucial for building on the success of the IP cluster mapping exercise.” 

Mr Tan Hang Cheong, Principal, Singapore Polytechnic said, “TTN will play an important role in the R&D landscape in Singapore. SP is delighted to be one of the founding members of the TTN, comprising A*Star, the universities and polytechnics. The sharing of IP Cluster Maps among the institutions will further strengthen the existing partnerships between these institutions. This initiative will lead to greater collaborations among researchers across institutions and SP is looking forward to work with them to translate our achievements in research to the market place.” 

Mr Boo Kheng Hua, Principal and CEO, Temasek Polytechnic said, “Temasek Polytechnic sees the TTN IP Cluster Mapping Initiative as an opportunity to enhance the development of its IP management portfolio and technology transfer procedures, thereby maximizing the commercialization potential of its IP assets. We are looking forward to working closely with all members in carrying out R&D for the benefit of our community”. 

For media enquiries, please contact:

Walter Lee
Senior Vice President & Fellow, Exploit Technologies (a member of A*STAR)
Head, Technology Transfer Network (TTN) Secretariat
Head, Angel Investment Management (AIM) Programme, Exploit Technologies

Email: walter@exploit-tech.com

Seeto Wei Peng
Exploit Technologies Pte Ltd (A member of A*STAR)
Vice President, Corporate Marketing and Communications
DID: (65) 6478 8443
Mobile: (65) 8375 9474
Email: weipeng@exploit-tech.com

The TTN, established in February 2008 by eight Founding Members, is a collaborative alliance of technology transfer offices set up to enhance the effectiveness of technology transfer to industry. The core activities of the TTN include IP cluster mapping, training and certification of TTO professionals, joint marketing and events, technology advisory services, industry collaboration, and regular dialogue and sharing of best practices. The eight Founding Members that have contributed to development of the IP Maps include A*STAR Exploit Technologies, Nanyang Polytechnic, Nanyang Technopreneurship Centre, Ngee Ann Polytechnic, Republic Polytechnic, Singapore Management University, Singapore Polytechnic and Temasek Polytechnic.

As part of the drive to accelerate translation R&D efforts in research areas of common interests, the Founding Members have over the last year worked together to map out IP Clusters comprising IP Portfolios of the TTN members. These clusters are developed based on their relevance and impact to the industry, as well as to complement the extensive work already underway in each of the Founding Members’ research teams. Through the IP Cluster mapping process, the TTN members are constantly exploring opportunities of collaboration and tapping on synergy in complementary R&D work done.

With the Open Grant Call made by NRF today to fund polytechnics that engage in translation R&D work, the TTN Founding Members are committed to utilise the IP Cluster maps to identify relevant R&D areas that will be good candidates for the competitive fund.

Mr Boon Swan Foo, Executive Chairman of Exploit Technologies and the Chairman of the Technology Transfer Network said, “In the wake of today’s bleak economic outlook, smart investment dollars are flowing into countries and organisations with a strong focus on commercialisation and innovation. The joint efforts by TTN Founding Members in IP Cluster mapping and in working together to develop translational R&D projects with the market in mind is commendable. This move to leverage the TTN IP Cluster maps cannot be more timely; given that Singapore is stepping up on its efforts to help local companies leverage technologies and remain competitive in turbulent times.”

Mr Edward Ho, Dy Principal/Development, Nanyang Polytechnic said, “NYP is happy to contribute to this effort on IP cluster mapping as it offer the chance for the various IHLs to now aggregate their capabilities and core competencies in a productive and concerted manner towards IP commercialization. We are confident that this effort will result in optimum utilization of resources, know-how and experience.”

Sharing his views on the collaboration, Associate Professor Tan Teng Kee, Director of the Nanyang Technopreneurship Center, NTU, said, “Intellectual property cluster mapping is a worthwhile initiative to help bridge the various TTN Founding Members’ R&D efforts. The new relationships forged will also strengthen the effectiveness of technology commercialisation and thereby contribute towards realising the vision of TTN.”

Mr Foo See Meng, Deputy Principal, Ngee Ann Polytechnic said, “IP clusters are important drivers for the competitiveness of Singapore’s innovation and enterprise development. They will facilitate project collaborations among institutions beyond their own strengths and come up jointly with the best expertise available for the work”

Commenting on the collaboration, Mr Yeo Li Pheow, Principal/CEO, Republic Polytechnic said, “The IP Cluster Mapping Initiative provides an excellent platform for the polytechnics, universities and research institutions to pool and leverage on the valuable IP and know-how developed within each institute to develop products and applications with greater impact than what could be achieved if the institutes were to work alone.”

Practice Professor Desai Arcot Narasimhalu, Director of SMU Institute of Innovation and Entrepreneurship and Practice Professor, School of Information Systems, SMU said “SMU is very pleased with the progress in IP cluster mapping exercise.  This is a good beginning towards building compelling business innovations using IP residing across different founding and other members of TTN.  The logical next step is to identify one or two business innovation development projects using IP from a few members to realize the value from the results of the IP cluster mapping exercise. SMU has developed a method for monetizing technology innovations and would be pleased to share this know how with the members of TTN.  Another important next step is to develop a commonly agreed upon formula for sharing the revenues from business innovations developed using IP from different members.  Such a formula is crucial for building on the success of the IP cluster mapping exercise.”

Mr Tan Hang Cheong, Principal, Singapore Polytechnic said, “TTN will play an important role in the R&D landscape in Singapore. SP is delighted to be one of the founding members of the TTN, comprising A*Star, the universities and polytechnics. The sharing of IP Cluster Maps among the institutions will further strengthen the existing partnerships between these institutions. This initiative will lead to greater collaborations among researchers across institutions and SP is looking forward to work with them to translate our achievements in research to the market place.”

Mr Boo Kheng Hua, Principal and CEO, Temasek Polytechnic said, “Temasek Polytechnic sees the TTN IP Cluster Mapping Initiative as an opportunity to enhance the development of its IP management portfolio and technology transfer procedures, thereby maximizing the commercialization potential of its IP assets.  We are looking forward to working closely with all members in carrying out R&D for the benefit of our community”.

###

Singapore, 18 February 2009 ‐ Exploit Technologies and the Hewlett‐Packard (HP) Alumni have announced today at a memorandum of understanding signing ceremony that a strategic collaboration will be established under the Exploit Technologies Angel Investment Management initiative (AIM). This collaboration serves to enhance and accelerate Angel networking activity, and enable startups to have greater access to Angel investors in Singapore and in the region.

Under the new partnership, Exploit Technologies and HP Alumni Angel Networking Group will collaborate to organise Angel networking events and undertake joint marketing activities to promote Angel investments in local startups. In addition, Exploit Technologies will continue to channel a pipeline of startups from the Agency for Science, Technology and Research (A*STAR) and the Technology Transfer Network (TTN) to Angel investors during its angel networking activities such as regular pitching sessions and coordinated luncheons and tea receptions.

Mr Boon Swan Foo, Executive Chairman of Exploit Technologies and Chairman of TTN said, “Putting monies into start‐ups that demonstrate good market potential today has provided cautious investors with an excellent investment alternative in this bleak economic climate. Prudent investors who are not prepared to dip into the established markets because of looming uncertainties should look at investing in start‐ups that have no financial baggage; and have real valuation adjusted for market conditions”.

HP Alumni will also link up its members who are keen to be Angel investors with potential startups. Mr Koh Boon Hwee, Chairman of the HP Alumni said, “This collaboration with Exploit Technologies under the Angel Investment Management (AIM) initiative could not be more timely. HP Alumni’s members have a broad range of industry and business expertise. It is our desire that we will be able to provide these networks to the A*STAR and TTN startups. We will certainly be keeping an eye‐out for interesting investment opportunities.”

Mr Lim Chuan Poh, Chairman of A*STAR, said, “For startups to succeed, they will need much more than good technology and a good business plan. They will need ready access to funds and committed mentors, who can help guide them in the business world. I am confident that with HP Alumni onboard AIM, startups will be able to tap more effectively on angel investors for both funds and expertise to enhance their chance of success. In the process, we should see a more vibrant innovation and enterprise landscape in Singapore”.

The AIM initiative was launched by Exploit Technologies on 15 July 2008 to encourage innovation in the Singapore investment landscape and inject new vibrancy into the Singapore economy. It achieves these through facilitating and catalysing Angel investment in startups, which will also benefit aspiring
entrepreneurs. In particular, AIM encourages Angel networks to be formed in special interest groups and helps Angel investors to gain access to a large pool of Intellectual Property portfolios and startups in the Singapore Agency for Science, Technology and Research (A*STAR) and other partners of the Technology Transfer Network (TTN).

Besides HP Alumni and TTN, the Business Angels Network South East Asia (BANSEA) and NTU Alumni Club also joined AIM last year on 15 October and 22 December respectively. To facilitate the collaboration of joint programmes, Exploit Technologies is now hosting the BANSEA Secretariat at its premises located at Biopolis.

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For media enquiries, please contact:

Seeto Wei Peng
Exploit Technologies Pte Ltd (A member of A*STAR)
Corporate Marketing and Communications
DID: (65) 6478 8443
Mobile: (65) 8375 9474
Email: weipeng@exploit‐tech.com

Walter Lee
Senior Vice President & Fellow, Exploit Technologies (a member of A*STAR)
Head, Technology Transfer Network (TTN) Secretariat
Head, Angel Investment Management (AIM) Programme, Exploit Technologies
Email: walter@exploit‐tech.com

Han Jok Kwang
Hon Gen Secretary, HP Alumni
jokkwang@gmail.com

NEW AIM PARTNER

About Hewlett‐Packard Alumni
The Hewlett‐Packard (HP) Alumni is formed to facilitate interaction, networking and socialising among members who are former employees of HP. The objectives of the Alumni are:

(a) to provide members with opportunities for social interaction, networking and recreation;
(b) to promote mutual support and collaboration between members in areas of mutual interest;
(c) to keep the members informed of the latest developments in Singapore’s economy and business environment in the world, which are not proprietary or confidential in nature;
(d) to organize and present developmental, educational, coltural, recreational and social programs as determined by the Alumni; and
(e) to offer opportunities to contribute as a group to the improvement of Singapore’s social health and economic development by participating in philanthropic and education programs at all levels
For more information, please visit www.shpa.org.sg.

EXISTING AIM PARTNERS

About Exploit Technologies Pte Ltd
Exploit Technologies is the strategic marketing and commercialisation arm of the Agency for Science, Technology and Research (A*STAR). Its mission is to support A*STAR in transforming the economy through commercialising R&D. Exploit Technologies enhances the research output of A*STAR scientists by translating their inventions into marketable products or processes. Through licensing deals and

spinoffs with industry partners, Exploit Technologies is a key driver of technology transfer in Singapore. It actively engages industry leaders and players to commercialise A*STAR’s technologies and capabilities, bridging the gap from Mind to Market. Exploit Technologies’ charter is to identify, protect and exploit promising intellectual property (IP) created by A*STAR’s research institutes. For more information, please visit www.exploit‐tech.com.

About the Technology Transfer Network (TTN)
The Technology Transfer Network is a collaborative alliance of Technology Transfer Offices formed to enhance the effectiveness in the transfer of technology to the industry. The core activities of the TTN include collaboration on IP Cluster Mapping, Training & Certification of TTO professionals, Joint Marketing & Events, Technology Advisory Services, Industry Collaboration and regular dialogue and sharing of best
practices. For more information, please visit: www.ttn.sg.

About Business Angels Network South East Asia (BANSEA)
BANSEA is an angel investment networking group formed since 2001 to promote development of the angel investment community in South East Asia through educational conferences and workshops, research, networking with angel groups worldwide, contributing to improving the regulatory environment and corporate governance system for angel investing, and facilitating the matching of startups with
angel investors for investment and mentoring. BANSEA is receiving support from SPRING Singapore under the LEAP scheme. For more information, please contact Ms Jenny Law at jennylaw@BANSEA.org.

About Nanyang Technological University (NTU) Alumni Club
The Nanyang Technological Institute Alumni Association (NTIAA) was formed in 1986 when the University was then known as Nanyang Technological Institute (NTI). When NTI was inaugurated as Nanyang Technological University in 1991, the NTIAA too, went through a facelift and was officially re‐named as the NTU Alumni in the same year. Together with the NTU Campus at one‐north, the Club facilitates business
networking and continuing education for graduates within its fraternity. Widely recognised for its pioneering roles in technology advancements and innovative ventures, the NTU and its alumni play a fundamental role of developing a generation that will serve its nation well into the 21st century and beyond.
For more information, please visit www.ntualumni.org.sg.

Among the visitors were delegates from newly joined TTN affiliate members AUT Innovation and Enterprise from New Zealand, as well as Binghamton University of New York, USA.

The tour was followed by presentations from Republic Polytechnic, AUT Innovation and Enterprise and various TTN workgroups.

Singapore, 21 November 2008 | For immediate release

The Technology Transfer Network Expands to Embrace Six New Global Members

From left to right: HE Martin Harvey, High Commissioner, High Commission of New Zealand (Witness); Mr Boon Swan Foo, Chairman of TTN and Executive Chairman of Exploit Technologies (Witness); Prof Phillip Sallis, Deputy Vice-Chancellor of Auckland University of Technology, New Zealand (Signatory); Dr Martha Reitman, Director, Binghamton University, New York (Signatory); and Mr Walter Lee, Head of TTN Secretariat; and SVP and Fellow of Exploit Technologies (Signatory)

The Technology Transfer Network (TTN) announced at the inaugural TTN Innovation and Enterprise Forum (IEF) today that the Network has extended its global reach to add six new members to its fold, namely, Auckland UniServices Ltd (New Zealand); AUT Innovation and Enterprise (New Zealand); Binghamton University, State University of New York (US); BC Cancer Agency (Canada); INI-GraphicsNet (Germany); and WaikatoLink Ltd (New Zealand). With the joining of these newest members, the TTN, founded in February 2008, has twenty-two members across Asia, United States, Canada, Europe and New Zealand.

As Affiliate Members, the new members will be able to participate in enhanced collaboration with the network of TTN members to share best practices, leverage expertise and resources, and collaborate on networking opportunities to enhance technology transfer to the industry globally. In conjunction with the joining of the new members, Exploit Technologies and TTN launched the inaugural TTN Innovation and Enterprise Forum (IEF) today. The introduction of the IEF is part of TTN’s on-going effort to promote a vibrant eco-system of strategic alliance for angel investors, technology transfer organisations, venture capitals and research institutes.

Mr Lim Chuan Poh, Chairman of A*STAR, said, “I would like to extend a warm welcome to the six new members of the TTN.  With them onboard, TTN has indeed grown into a global network with members from Asia, Australia, Europe, New Zealand and North America. The ever-widening network allows TTN members to leverage on one another’s experience in various industries and different geographical regions so as to enhance their technology commercialisation and innovation efforts.

“With its base in Singapore, TTN will also give start-ups in Singapore the opportunity of leveraging on TTN’s global network to reach new markets and find new partners. This will not only extend Singapore’s outreach into different regions of the world, but also draw other regions to Singapore.”

Mr Boon Swan Foo, Executive Chairman of Exploit Technologies and the Chairman of the Technology Transfer Network said, “On behalf of my TTN colleagues, I warmly welcome our six new affiliate members from US, Canada, New Zealand and Germany. TTN has provided our members with a gateway to reach out to like-minded friends beyond national borders. The Innovation and Enterprise Forum is yet another platform where we share best practices about incubation, translational research and technology transfer. These issues are gaining much traction lately as Singapore steps up on our efforts to help local companies leverage technologies, and remain competitive in turbulent times.”

Dr Peter Lee, Chief Executive Officer, Auckland UniServices Limited, the commercialisation company of The University of Auckland, said, “our organisation looks forward to a productive partnership with the Technology Transfer Network and its members. The network and its growing global presence is a symbol of the increasingly flat and frictionless world in which we do business. We look forward to sharing our technologies, businesses, practices and markets with our counterparts around the world”

Mr Jonathan Kirkpatrick, Chief Executive Officer, AUT Innovation and Enterprise, said, “AUT Innovation and Enterprise has had strong links in Singapore for a number of years. Through these contacts a number of our start up companies have accessed markets, technology development capability, distribution networks and capital in various parts of Asia. We are delighted to be affiliated to the Technology Transfer Network and look forward to working collaboratively with the other members to the benefit of everyone involved.”

Dr Gerald Sonnenfeld, Ph.D. Vice President for Research, Binghamton University, State University of New York, said “Binghamton University is very pleased to join the Technology Transfer Network (TTN). We believe our collaboration and interaction with the TTN will allow for growth of our research infrastructure as well as enhance our understanding and ability to work with Singapore, one of the most dynamic and inventive economies in the world.”

“Through our membership in the Technology Transfer Network, we look forward to enhancing world-class partnerships, innovation and strong relationships with colleagues around the world. We welcome the collaborative entrepreneurship, the hallmark of both our Innovative Technologies Complex at Binghamton University and Exploit Technologies,” added Dr. Martha A. Reitman, Director of Translational Research Development, Binghamton University, State University of New York.

Dr Samuel Abraham, PhD, Vice-President, Strategic Relationships of BC Cancer Agency, said, “The BC Cancer Agency is pleased to be an Affiliate member of the Technology Transfer Network. Networks are the cornerstone of our profession and this group exemplifies the power of such networks, drawing organizations from many countries together to increase collaboration between technology transfer organisations and industry.”

Mr Wolfgang Kniejski, Treasurer and Business Development Director of INI-GraphicsNet, stated, “We are absolutely thrilled to meet the demands of globalisation by developing the strategic partnership with this highly respected TTN Singapore. This will give entrepreneurs on both sides a consistent network of professionals, capable of expanding their innovative ideas around the globe, while also expanding the industries we normally work in. INI-GraphicsNet will provide market entry for innovative ventures seeking expansion in Europe, start-up opportunities, and collaborative research. In addition both companies will work together on Singapore-EU bi-directional commercialization services including: early technology assessments, international co-development and funding opportunities, start-ups, distribution and licensing, entrepreneurship qualification and executive project management services. This kind of co-operation expands the partner’s growing international business.”

Mr Mark Stuart, Chief Executive Officer, WaikatoLink Limited, added, “We work globally so connectedness, visibility and effective knowledge exchange is vital. The Technology Transfer Network will expose us to new contacts and collaboration partners which will lead to new market opportunities. TTN also provides a great platform for members around the world to exchange local knowledge on areas such as IP protection, investment and commercialisation. We also look forward to sharing best practise with the other network members, as we collectively work to strengthen the technology transfer industry”.

The exchange of letters between the Chairman of TTN and the new members took place at the IEF this morning, at Biopolis, Singapore. The ceremony was witnessed by Mr Martin Harvey, the High Commissioner of New Zealand; and Mr. Roman Borowyck, the Senior Trade Commissioner of Canada.

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About the Technology Transfer Network (TTN)
The Technology Transfer Network is a collaborative alliance of Technology Transfer Offices formed to enhance the effectiveness in the transfer of technology to the industry. The core activities of the TTN include collaboration on IP Cluster Mapping, Training & Certification of TTO professionals, Joint Marketing & Events, Technology Advisory Services, Industry Collaboration and regular dialogue and sharing of best practices.

All enquiries on the TTN can be directed to:

Walter Lee
Head, TTN Secretariat
SVP & Fellow, Exploit Technologies
Email: walter@exploit-tech.com