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2005-2006

WPI Appoints D’Anne Hurd Vice President for Business Development at Gateway Park and General Counsel

FOR IMMEDIATE RELEASE/January 19, 2006
Contact: WPI Media Relations, +1-508-831-5609

WORCESTER, Mass., January 19, 2006 -- Worcester Polytechnic Institute (WPI) announced today that D’Anne Hurd, a business development and legal affairs executive, has joined the university as vice president for business development at Gateway Park and general counsel. Gateway Park is a joint redevelopment project of WPI and the Worcester Business Development Corporation transforming a former Worcester brownfield into a mixed-use, life sciences-based campus.

Hurd comes to WPI with more than 30 years of senior finance, legal, and business development experience for a wide variety of biotechnology, life sciences, medical, and technology companies with significant experience in strategic planning, joint ventures, and strategic alliances.

As part of WPI’s senior leadership team and reporting directly to WPI President and CEO Dennis D. Berkey, Hurd will be responsible for driving the advancement of the Gateway Park project by attracting businesses, tenants, and partners to the site. She will also act as the university’s on-campus counsel for legal matters.

Prior to joining WPI, Hurd served as chief financial officer and general counsel for several technology companies, including NMS Communications, STARBAK Communications, Inc., Vividon, Inc., NaviPath, Inc., and SmartRoute Systems, Inc. Her years of experience in executive-level management also include senior finance positions at GTE Corporation and PepsiCo, Inc., and seven years as an associate with the Boston law firm Burns & Levinson. Hurd has had substantial board involvement in all positions, and currently serves on the boards of directors of Data Translation, Inc. (DATX) and Vaso Active Pharmaceuticals, Inc. (VAPH), as well as the boards of several nonprofit and professional organizations.

Hurd earned a B.A. from Mount Holyoke College as a double major in English literature and theater arts. She later graduated with an MBA in finance, Beta Gamma Sigma, from the University of Connecticut, where she won the Wall Street Journal Outstanding Student Award for Leadership and Academic Excellence. She ultimately earned a J.D. from the Duke University School of Law with an emphasis on corporate and securities law, and was runner-up in the Dean’s Cup Moot Court Competition.

About Gateway Park

Gateway Park is an 11-acre, master-planned redevelopment of a former Worcester brownfield into a mixed-use, life sciences-based campus. It is a joint development of WPI and the Worcester Business Development Corporation. Construction of the first building, the four-story, 124,600 square-foot WPI Life Sciences and Bioengineering Center, is well under way and is scheduled to be completed early next year. The development’s master plan calls for three additional pad-ready sites to be developed to support buildings of 80,000, 100,000, and 160,000 square feet. A 1.7-acre parcel is also available for housing. At build-out, the development will feature between 500,000 and one million square feet of mixed-use space.

About Worcester Polytechnic Institute

Founded in 1865, WPI was one of the nation’s first engineering and technological universities. Its 18 academic departments offer more than 50 undergraduate and graduate degree programs in science, engineering, technology, management, the social sciences, and the humanities and arts. WPI’s world-class faculty work with students in a number of cutting-edge research areas, leading to breakthroughs and innovations in such fields as biotechnology, fuel cells, information security, and nanotechnology. Students also have the opportunity to make a difference in communities and organizations around the world through the university’s innovative Global Perspectives Program, at more than 20 project centers throughout North America and Central America, Africa, Australia, Asia, and Europe.