White House Names NanoBusiness Alliance's Executive Director to Nanotechnology Advisory Panel.

Business Editors/Political Writers/High-Tech Writers

NEW YORK--(BUSINESS WIRE)--July 16, 2003

F. Mark Modzelewski Joins Nanotechnology Technical Advisory Group

to Review U.S. Nanotechnology Efforts

The NanoBusiness Alliance (http://www.nanobusiness.org) today announced that its Executive Director, F. Mark Modzelewski, has been named by The President's Council of Advisors on Science and Technology (PCAST) to serve as a member of the Nanotechnology Technical Advisory Group (TAG). In response to a request by the President, PCAST created NTAG to review U.S. nanotechnology efforts. This appointment is in recognition of Mr. Modzelewski's and the NanoBusiness Alliance's efforts to transform nanotechnology into the next industrial revolution through their business, education and policy efforts.

The NTAG is composed of leading experts in nanotechnology representing a range of disciplines, and was established to serve as a source of technical facts and information needed to assist the Council in the area of nanotechnology, particularly in reviewing current U.S. government-sponsored nanotech research and funding efforts. As part of NTAG, PCAST has formed three Task Forces in the following areas: Materials/Electronics/Photonics; Energy/Environment; and Biology/Medicine/Societal Issues.

In addition to Mr. Modzelewski, several NanoBusiness Alliance Advisory Board members and member companies are represented on the NTAG, including:

-- NbA Advisory board members: Stan Williams of Hewlett Packard;

Vickie Colvin of Rice University; and Jim Von Her of Zyvex.

-- NbA Member organizations: General Electric, NanoSys, NanoInk,

New Jersey Nanotech Consortium, NanoTitan, Texas

Nanotechnology Initiative, and Cornell.

"I am honored by the invitation from The White House to serve with this unmatched group of nanotechnology leaders to review, evaluate and plan programs that will ensure that the U.S. continues its leadership in nanoscience and nanobusiness," said F. Mark Modzelewski, Executive Director of the NanoBusiness Alliance. He added, "President Bush and the members of his Administration have shown great leadership and vision in regard to the nanotechnology field. Our U.S. government's nanotechnology efforts will drive the development of the next industrial revolution, bringing jobs and prosperity to the American people today and generations from now."

Other NTAG members include:

-- Baker, James R., Jr. -- U. Michigan/NanoBio

-- Beckenbaugh, William -- Konarka Technologies

-- Belcher, Angela -- MIT 

-- Belk, John -- Boeing

-- Boyes, Edward -- Dupont

-- Cabrera, Carlos -- Univ. of Puerto Rico

-- Gupta, Ashwani -- U. Maryland

-- Heath, James -- Cal Tech/NanoSys

-- Heller, Michael -- Nanogen/UC San Diego

-- Hoch, Harvey -- Cornell Univ.

-- Kozarich, John -- ActiveX Biosciences

-- Landman, Uzi -- Ga. Tech.

-- Lieber, Charles -- Harvard/NanoSys

-- Mackin, Thomas -- U. Illinois

-- Majumdar, Arun -- UC-Berkeley

-- Matisoo, Juri -- Semiconductor Industry Association

-- Mirkin, Chad -- Northwestern U./NanoInk

-- Montamagno, Carlo -- UCLA 

-- Murphy, Catherine -- U. S. Carolina

-- Murray, Cherry -- Lucent Technologies/NJ Nanotech Consortium

-- Navrotsky, Alexandra -- UC-Davis

-- Pena, Vic -- NanoTitan

-- Peppas, Nicholas -- U. Texas

-- Siegel, Richard -- RPI 

-- Smalley, Richard -- Rice

-- Stein, Judith -- GE

-- Stupp, Samuel -- Northwestern U.

-- Swami, Nathan -- U. Virginia

-- Taylor, Kathleen -- GM (retired)

-- Theis, Thomas -- IBM 

-- Trogler, William -- UCSD 

-- Vogel, Viola -- U. Washington

-- Weil, Vivian -- Illinois Inst. Tech.

-- Whitesides, George -- Harvard

-- Wilson, Dennis -- Nanotechnologies, Inc.

The TAG shall expire September 30, 2005, unless extended by the PCAST Co-Chairs.

About F. Mark Modzelewski

F. Mark Modzelewski is the Founder and Executive Director of the world's fastest-growing technology association -- The NanoBusiness Alliance. The Alliance is the first industry association founded to advance the emerging trillion-dollar business of nanotechnology. The Alliance's mission is to create a collective voice for the emerging small-tech industry and develop a range of initiatives to support and strengthen the nanotechnology business community, including: research and education; public policy; public awareness and relations; and industry support and development efforts.

At the NanoBusiness Alliance, Mark serves as the day-to-day manager of Alliance strategy, programs, finance, and development. In addition, he is the lead spokesperson for the Alliance and oversees the organization's Angel Network, public policy efforts and Hubs Initiative. As Forbes recently noted, "His power lies in his status as the central hub of the nanotech industry: the go-between among scientists, venture capitalists, government officials and executives ... no one understands the worlds of government, public policy and their marriage with science better."

Under Mark's leadership the Alliance has grown to over 250 members ranging from GE to Lockheed Martin to JP Morgan to leading start-ups, investors, universities and service firms. He is among the most well-known figures in the nanotech field and was recently recognized by Forbes Magazine as one of nanotech's top 5 "powerbrokers" and received a Small Times Best of Small Tech Awards. Mark has testified before the U.S. Senate on nanotechnology funding, investment, technology transfer and global competition. He also organized affiliate organizations and regional nanobusiness "hubs" in the EU, Canada, Israel, and a dozen U.S. states.

In addition to leading to the NbA, Mark is the acting CEO of the NanoBusiness Development Group (NbDG), a consulting and business services firm that helps clients understand the multi-trillion-dollar opportunity presented by the emerging nanotechnology sector.

Before starting the NbA, Mark served as a Vice President of Business Development for Virginia-based web surveillance start-up Opion. Mark also served as business, management and marketing consultant for numerous clients including: Yahoo, Covisint, PanAmSat, eSpeed, Technanogy, Organic, The Motley Fool, DaimlerChrylser merger, MasterCard, Sprint, and a series of clients undertaking business launches, reorganizations, M&A efforts and other complex financial and legal undertakings.

Before entering the private sector, Mark was an appointee in the Clinton Administration, where he served as Special Assistant to Sec. Henry Cisneros at HUD and Sec. Dan Glickman of USDA, developing policy, legal and communication strategy efforts on issues ranging from Y2k preparedness, U.S. mortgage and banking systems, the online transformation and integration of HUD and FHA programs, digital divide efforts, biotech and organic food standards, and regional economic development programs.

Currently Mark also serves as an advisor to Lux Capital. He is a graduate of the University of Denver College of Law and Boston University.

About The NanoBusiness Alliance

The NanoBusiness Alliance is the first industry association founded to advance the emerging business of nanotechnology. The NanoBusiness Alliance's mission is to create a collective voice for the emerging small-tech industry and develop a range of initiatives to support and strengthen the nanotechnology business community. The Alliance was founded by F. Mark Modzelewski, Nathan Tinker and Josh Wolfe of Lux Capital in 2001. The Advisory Board of the Alliance is headed by the leaders of the nanotechnology community and is headed by former House Speaker Newt Gingrich and famed venture capitalist Steve Jurvetson of Draper Fisher Jurvetson. Over 250 members strong, the Alliance is headquartered in New York City and has offices in Washington, D.C. and Denver, CO. The Alliance has Hubs and affiliate groups underway in Texas; Chicago; Colorado; San Francisco/Silicon Valley; San Diego; Michigan; New York State; Washington, D.C. Metro; the EU; Canada; and Israel. www.nanobusiness.org.