TekScout™ is an open innovation network where companies can post complex development projects in order to leverage a worldwide network of professional scientific organizations and independent scientists and engineers.

TekScout™ is a service of UTEK Corporation, (AMEX: UTK) a leading Open Innovation service company. UTEK's services enable clients to become stronger innovators, by helping them rapidly source externally developed technologies and creating value from their intellectual property. UTEK is a business development company with operations in the United States, United Kingdom, Israel and Portugal.

For more information about the many Open Innovation services provided by UTEK, please visit www.utekcorp.com.