RESEARCH AND DEVELOPMENT COUNCIL OF NEW JERSEY SPONSORS CONFERENCE ON MAY 13, 1999 PROMOTING R&D AS AN INVESTMENT FOR BUSINESS GROWTH

Denville, N.J., February 5, 1999 — The Research and Development (R&D) Council of New Jersey, in continuing to spread the word that R&D is an investment for New Jersey and its corporations, will host a conference on May 13, 1999. The conference entitled, "R&D as an Investment for Business Growth: Success Stories for Now & The Future," will be held from 8:00 am to 4:00 pm at Lucent Technologies in Holmdel, N.J.

The morning session will cover such topics as "Strategic Management of R&D as a Business Investment" and "Showing How R&D Provides Value." Speakers include Mr. Dave Lando, Engineering and Environmental Technologies Vice President at Lucent Technologies and Mr. Emmett Murtha, former Director of Business Development for IBM.

Dr. Arun Netravali, Executive Vice President of Bell Labs, is the scheduled keynote speaker for the afternoon session. The afternoon program will be split into two parallel sessions covering topics of interest to small and large companies. The small company session will feature talks on obtaining venture capital dollars and seed capital loans while the large company session will discuss monitoring government grants and capitalizing on R&D's investment and spinning-off technology.

The afternoon session will also feature a panel on the importance of government investment in public/private partnerships for R&D with a focus on the Edison Partnership with Prosperity New Jersey. The conference concludes with Steve Schaible, Managing Director of J.P. Morgan and Paul Smith, Vice President of J.P. Morgan who will speak about how technology adds value to companies.

Cost of the seminar is $125 for member companies, $150 for non-member companies and $100 for academia/students. A continental breakfast and lunch are included in the price. Seats are limited so please register early. For more information and to obtain a registration form, click here or call the Council office at 973-627-5330.

The Research & Development Council is a nonprofit organization that works to cultivate an environment that supports the advancement of research and development activity throughout New Jersey.

The R&D Council has over 100 member companies.