David Stone to address WPI Venture Forum

Biomedical Market Outlook subject of October 8 Meeting

Contact: WPI Media Relations, 508-831-5706

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.