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., April 21, 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, is hosting 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 a.m. to 4:30 p.m. at Lucent Technologies in Holmde, N.J.

Topics to be discussed include how to secure venture capital dollars and monitor government grants, capitalizing on R&D's investment and spinning-off technology, and technology transfer. The morning keynote speaker is Dr. Peter Corr, President of Parke Davis Research and the afternoon keynote speaker is Dr. Arun Netravali, Executive Vice President of Bell Labs, Lucent Technologies.

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, please call the Council office at 973-627-5330 or visit the R&D Council web site at www.rdnj.org.

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.