NanoBusiness Alliance Director Named as Nanotech Industry Power Broker - News Item

The Forbes/Wolfe Nanotech Report, the leading investment publication for the nanotechnology industry, ranked NanoBusiness Alliance Executive Director F. Mark Modzelewski as one of the top power brokers in the nanotechnology industry.

Mr. 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. 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. NanoBusiness Alliance Honorary Chairmen Steve Jurvetson of Draper Fisher Jurvetson and Herb Goronkin of Motorola (ret.) were also named to the list.

"The Power Broker list highlights the movers and shakers that wield the greatest influence in shaping the global future of nanotechnology," said Peter Hebert, contributing editor of the Forbes/Wolfe Nanotech Report, a collaboration between Forbes and nanotech venture firm Lux Capital. "Mark Modzelewski's role in co-founding the industry's leading trade association and successfully lobbying for the $3.7 billion nanotech bill signed by President Bush make him one of the most influential figures in nanotechnology."

"The ForbesWolfe Report has become the 'insiders guide' to the nanotechnology business world," said F. Mark Modzelewski, Executive Director. He added, "How could one not feel honored by being included in the company of these great industry leaders."

Mark is a former attorney, start-up executive and Clinton Administration official. In addition to his duties at the Alliance, he is an advisor to several national and regional nanotechnology initiatives as well as numerous start-ups and Fortune 500 companies. Also, he is a member of the Nanotechnology Technical Advisory Group to President Bush's Council of Advisors on Science and Technology (PCAST).

The Forbes/Wolfe Nanotech Report is the first investment publication targeting nanotechnology, the precision creation and manipulation of atomic scale matter. Editors interviewed leading investors, scientists, corporate executives and high-ranking government officials to find the most powerful individuals in nanotechnology. The Power Broker rankings appeared in the publication's March 2004 edition.

Posted 16^th March 2004