SRI International Announces New Vice President of Ventures and Strategic Business Development; Norman Winarsky Will Drive Value Creation and International Business Development.

Business Editors/High-Tech Writers

MENLO PARK, Calif.--(BUSINESS WIRE)--Nov. 5, 2001

SRI International, a leading research institute based in Silicon Valley, today announced the appointment of Dr. Norman Winarsky as vice president, Ventures and Strategic Business Development. Dr. Winarsky joins SRI after 25 years with Sarnoff Corporation, an SRI subsidiary.

As a member of SRI's executive management team, Dr. Winarsky will form and lead a team focused on strategic venture and business development. His responsibilities include overseeing international marketing and business development, the Technology and Innovation Partnership (TIP) Program, and SRI's Ventures and Licensing Board.

The Ventures and Strategic Business Development team will work with SRI's business units to help identify and develop market opportunities and value propositions for clients, and help create the most appropriate vehicle (such as licensing and spin-off ventures) to realize those opportunities. The team will leverage its knowledge and resources in commercial and government marketing across SRI to aid in effectively bringing SRI's research and technology innovations to the marketplace.

As founder, president and managing partner of nVention at Sarnoff Corporation, Dr. Winarsky helped lead and nurture innovative technology and business teams to become emerging companies. Prior to his work with nVention, Dr. Winarsky was corporate vice president of Sarnoff, responsible for Internet and multimedia technologies. Dr. Winarsky was a recipient of Sarnoff's highest honor, the David Sarnoff Award for Outstanding Technical Achievement.

"We are delighted that Norman has chosen to join SRI," said Dr. Curt Carlson, president and CEO of SRI International. "His extensive experience and successes at Sarnoff in bringing innovative technologies to the market will prove invaluable to this new position. The Ventures and Strategic Business Development team, under his leadership, is a key factor in furthering SRI's mission of value creation through discovery and technological advancement and innovation."

Dr. Winarsky received his B.S., M.S., and Ph.D. degrees in mathematics from the University of Chicago in 1969, 1970, and 1974, respectively, graduating Summa Cum Laude and Phi Beta Kappa. A National Science Foundation Fellow from 1969 until 1974, Dr. Winarsky was an invited member of the mathematics department of the Institute for Advanced Study in Princeton, N.J from 1971 to 1972, and in the summers from 1973 - 76.

Dr. Winarsky has written more than 50 papers and given hundreds of invited talks, lectures and presentations throughout the world. In addition to founding nVention, he is a founder of the National Information Display Laboratory -- a center of excellence for the government in information processing and display technologies. In the last four years he was also a founder of five of Sarnoff's more than 20 spin-offs.

Previously, Dr. Winarsky served as chairman of the board for Pyramid Vision Technologies, and as a board member for Wavexpress and Semandex. Dr. Winarsky currently sits on the board of LifeClips. He is a member of Phi Beta Kappa, Sigma Xi, the Association for Computing Machinery, and the Institute of Electrical and Electronics Engineers.

About SRI International

Silicon Valley-based SRI International (www.sri.com) is one of the world's leading independent research and technology development organizations. Founded in 1946 as Stanford Research Institute, SRI has been meeting the strategic needs of global markets for more than 50 years. As part of its strategy to bring its technologies to the marketplace, SRI licenses its technologies, forms strategic partnerships and creates spin-off companies. SRI and its subsidiary, Sarnoff Corp., have formed more than 20 spin-offs in information technology, biotechnology, healthcare, education and web-based services.

About Sarnoff Corporation

Sarnoff Corporation (www.sarnoff.com), a subsidiary of SRI International, creates and commercializes electronic, biomedical and information technology. Sarnoff conducts industry and government-sponsored research and development in such areas as digital HDTV, solid state lasers, integrated circuits, flat panel displays, drug discovery tools and drug delivery systems. Sarnoff Corporation is located in Princeton, New Jersey.