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JOINT VENTURE TO LICENSE RUSSIAN TECHNOLOGIES

 WASHINGTON, June 9 /PRNewswire/ -- A new joint venture involving Russian science and American business has been formed to market technologies from the former Soviet Union, in the West. The new company, known as East/West Technology Partners, Ltd., combines the experience of BDM International, Inc. (BDM) of McLean, Va.; INTEX (International Technology Exchange) Corporation of Washington; and a new Russian joint stock company, Technology Exhibition and Investment, Inc., of Moscow, organized and managed by some of the most prominent scientists and academicians in Russia.
 In its initial press briefing, the new company announced that they are in the final stages of negotiations to license three Russian and Belarus technologies to Western corporations. These include an improved low cost method of manufacturing solar cells; a new technology for manufacturing printed circuit boards, multi-level advanced packaging and electronic devices entirely from aluminum; and a new technology for the non-destructive testing of silicon wafers.
 Philip Odeen, president and CEO of BDM, explained that: "These are only the first of what we expect to be many licensing deals to be signed in the coming months. The technologies we are marketing are some of the most exciting and, we believe, potentially profitable we have ever seen. They will benefit Western corporations as well as our Russian partners."
 East/West Technology Partners was created to provide an efficient system for identifying and evaluating Russian technologies for licensing and marketing outside of the former Soviet Union. The new company will provide inventors and institutes in the former Soviet Union with a partner through which they may market their technologies on a fair and equitable basis without fear of exploitation. In addition, East/West Technology Partners provides an effective means for performing the due diligence necessary to assure "chain of title" to the potential licensee and intellectual property rights to the inventors.
 In collaboration with the Russian Academy of Sciences, the company will establish a permanent exhibition of Russian technology at the Russian Academy building on Leninsky Prospekt in Moscow. A similar exhibition will be located at the BDM facilities in McLean, where selected technologies will be displayed and rotated every few months.
 In announcing the formation of East/West Technology Partners, Ltd., BDM's Chairman of the Board, Frank C. Carlucci, credited the joint venture with, "...tapping an important wealth of talent. During the past 30 or more years, the former Soviet Union graduated more scientists and engineers from their universities and institutes than almost all the rest of the world. Much of the research and development work in the country was devoted to military projects -- and was not available for the commercial market. As a result, there is a huge store of technologies that has never seen the light of day, some of which have great commercial value."
 East/West Technology Partners will be marketing inventions and processes in many scientific and manufacturing disciplines including advanced materials, microelectronics, polymer chemistry, lasers/optics, advanced electronics packaging, new solar technology, advanced algorithms, advanced welding techniques, pharmaceuticals, medical devices, and more. The new corporation also has the technical resources and appropriate connections within the former Soviet Union to help U.S. corporations search for and locate new and complementary technologies.
 Existence of the joint venture was confirmed in press conferences held in Moscow on June 7 and in the Russian Embassy in Washington on June 9. In introducing themselves to the media, BDM's Odeen, INTEX President, Arnold J. Lipman, and Professor Alexander Rakhimov, of Technology Exhibition and Investment, Inc. of Moscow, stressed the differences between their new partnership and other firms who purport to market former Soviet technologies in the West. Rakhimov said: "First our partnership represents the single largest organized group of scientists in Russia who are involved in technology transfer operations. Russian scientists and academicians, from many of the most prestigious institutes in the former Soviet Union, have pooled their resources and contacts to provide the most efficient technology sourcing capability now in existence." Odeen added, "BDM's extensive, 30-year experience in technology evaluation and assessment brings to the partnership the ability to properly determine the potential commercial value of each technology."
 It was pointed out that the new technology partnership does not exploit these scientists but rather operates under marketing agreements in which the inventor or institute becomes a partner, sharing equally in the licensing revenues that are generated by the technology, both in the near term and in future royalties.
 East/West Technology Partners announced its first three significant negotiations with Western corporations. Paramax, a wholly owned subsidiary of Unisys Corporation (NYSE: UIS), has signed a paid option agreement to license a body of technology that will create a new advanced electronic packaging method for multi-layered printed circuit boards and electronic devices made entirely out of aluminum.
 Solarex Corporation of Frederick, Md. (a division of AMOCO) is actively negotiating to license a patented technology that could significantly reduce the cost of manufacturing photovoltaic cells while increasing their efficiency.
 Semimetrics Ltd., a British manufacturer of silicon test equipment, has made a firm offer to license a technology for the non-destructive testing of silicon wafers, which utilizes a patented electrolytic probe.
 The potential value of the three technologies was not disclosed. All parties emphasized that evaluation of the technologies was still underway and that it was premature to offer commercial market projections.
 In addition to these three technologies, East/West Technology Partners described other technologies that have also generated considerable interest and discussion, among which is a long-lasting catalytic deodorizer which, when used in filters, can remove up to 99 percent of disagreeable odors in a home or work place and can be used in paint to almost permanently eliminate bathroom and household odors. The deodorizer also has the potential of eliminating odors from sewage treatment plants.
 More than 50 other technologies are currently being marketed by East/West Technology Partners, Ltd.
 BDM International, Inc., is headquartered in McLean (Metropolitan Washington). The company provides scientific, engineering, technical and expert services to public and private sector clients in national defense, transportation, communications, energy, environment, space, logistics, information systems, advanced technology, manufacturing technology, systems integration, product distribution, operations and maintenance, and public policy. The company has approximately 4,600 employees and operates in more than 60 worldwide locations.
 The INTEX (International Technology Exchange) Corporation was founded by its president, Arnold J. Lipman. With offices in Washington, Moscow and Beijing, INTEX has specialized in patenting, licensing and marketing technologies in the West. In the early 1980s, Lipman pioneered the U.S. licensing of several widely used technologies, including the intraocular lens, the surgical stapler and the eye microsurgery technique known as radial keratotomy.
 TEI Inc., or Technology Exhibition and Investment, Inc., is located in Moscow at the Russian Academy of Sciences. Formed as a Russian joint stock company and staffed by prominent academicians, scientists and engineers, TEI has the ability to access technology in a wide range of fields from hundreds of universities and institutes in the former Soviet Union. Upon its founding, TEI received the endorsement of the vice president of the Russian Academy of Sciences, Evgeniy Velikhov, and is chaired by the prominent Russian physicist, Alexander Rakhimov, who is a professor at Moscow State University.
 -0- 6/9/93
 /NOTE: For additional information about the services and capabilities of East/West Technology Partners, Ltd., call the contacts below./
 /CONTACT: In Virginia, Dr. Mark S. Taylor, East/West Technology Partners, Ltd., Suite 750, 4001 N. Fairfax Drive, Arlington, Va. 22203, phone 703-351-6910, or fax 703-351-6909; In Washington, Arnold Lipman, East/West Technology Partners, Ltd., 1228 31st St. N.W., Suite 2, Washington, D.C. 20007, phone 202-625-2222, fax 202-625-2020, or E-Mail: intex(at)access.digex.com; or in Moscow, Professor Alexander Rakhimov, East/West Technology Partners, Ltd., Moscow State University, Leninskiy Gory, 119899 Moscow GSP, Russia, phone 7 (095) 939-2166, fax 7 (095) 939-4956, or E-Mail: rakhimov(at)mics.npimsu.su/


CO: East/West Technology Partners, Ltd.; BDM International, Inc. ST: District of Columbia IN: CPR SU: JVN

IH-KD -- DC025 -- 0243 06/09/93 15:15 EST
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