David Stone to address WPI Venture Forum

Contact: WPI Venture Forum, 508-831-5075

Worcester, MA - September 10, 2002 - The WPI Venture Forum, an organization devoted to developing technology-based entrepreneurship, announces that David Stone will address its monthly meeting on October 8, 2002.

Registration begins at 6:00 p.m. and the meeting begins at 6:30 p.m. The registration cost is $10 individual, annual and lifetime members and $20 nonmembers. Mr. Stone is managing director of Flagship Ventures, an entrepreneurship and venture capital firm. His extensive experience gives him an insider's perspective on the unique opportunities and risks inherent in biotechnology research product development and corporate strategy. Utilizing this knowledge, he will address technology trends, i.e., the way genomics applications and molecular medicine are changing the process of drug discovery and development, and the practice of medicine.

In addition to the keynote speaker, Ron Ranauro, executive vice president Worldwide Business Development and general manager for U.S. operations for Gene-IT is the case presentation. Gene-IT is headquartered in Paris and designs software to compare biological sequence data at genome-scale level.

The program will be held at the WPI Campus Center on 100 Institute Road, Worcester Massachusetts.

About the WPI Venture Forum

The WPI Venture Forum was created in 1990 to promote the entrepreneurial spirit and to serve those who engage in technology- based entrepreneurial enterprises by providing advice, support and education tailored to meet their needs. The forum fosters entrepreneurship through such activities as monthly programs, a business plan contest, a weekly radio show on News Radio WTAG (Saturdays, 5-7 pm, 580am), and a monthly newsletter.

The Venture Forum, as part of the Collaborative for Entrepreneurship & Innovation in the Department of Management at WPI, serves individuals who are seeking to begin their own technology-based businesses; founders, presidents, and senior managers of start-up or early-stage companies; senior managers of companies that are restarting or making a transition for one mode of operation to another; and employees leaving large companies due to a reduction in force or to start businesses.