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Madison Development Corp. and CATI form tech transfer partnership

Debt Help By Mike Klein • 03/15/04 MILWAUKEE- Technology transfer and commercialization efforts are on the rise in Wisconsin. Following last week's announcement by the Medical College of Wisconsin to intensify its efforts at technology transfer, the Madison Development Corporation (MDC) and the Center for Advanced Technology & Innovation (CATI) have announced a new partnership designed to increase private industry technology transfer in the Madison area. We Energies is also helping to increase technology transfer in the state by sponsoring a free technology licensing seminar designed to inform companies about how to access and leverage the research and development capabilities of institutions and businesses around the state.

Madison Enterprises Corp. is engaged in the acquisition and exploration of natural resource properties. The Company has three wholly owned direct subsidiaries, Madison Enterprises (Latin America) S.A., Madison Enterprises (Nevada) Inc. and Madison Enterprises (BVI) Inc., which, in turn, has one wholly owned direct subsidiary, Madison Enterprises (PNG) Ltd. None of the Company's properties has a known body of commercial ore nor are any of such properties at the commercial development or production stage, and all such properties are in the exploration stage.

Counseling Debt CATI has developed a technology transfer initiative designed to commercialize via donations from private industry, non-core or underutilized patents. The objective is to further fuel entrepreneurial and existing industry growth in Wisconsin, said Matthew Wagner, CATIs director.

"We're very excited to welcome EDGE Tech Corp to our team, " said Jeremy Dale, president of RuSPORT. " wheel racing team in North America, we need the best technology available. Thanks to our new partnership with CDW Corporation, we can now say that we have a class memory and portable storage partner in EDGE Tech Corp. Their help will be critical to our success, this season."

Consolidation Consumer Debt After donations have their values established and are received by CATI, the organization develops a full technology commercialization plan. Then the process of targeting existing companies for licensing opportunities begins. Additionally CATI has assisted with the creation of new businesses that have been formed to further develop and commercialize these donated technologies. CATI has acquired patented technologies from global companies including Kraft Foods, S.C. Johnson & Sons and International Specialty Products.

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Debt Settlement Frank Staniszewski, MDC President, said they formed a partnership with CATI to offer additional economic development tools in Dane County. "We felt this initiative would complement those technology transfer efforts occurring at the University through the Wisconsin Alumni Research Foundation."

At Sewell Development Corp. one to ensure that their needs are being met in the most efficient, effective manner.

Debt Free "This relationship takes advantages of our respectable strengths, while not having to duplicate efforts. Why develop a whole new program in this area, bleeding valuable resources, when it already exists through CATI," Staniszewski said.

" breaking application featuring secure, free data transfer, " said EDGE Tech Corp President, Jeff Thompson. About Edge Tech Corp 2000 Certified company. EDGE Tech Corp is a leading supplier of RAM and Flash memory upgrades, portable computing products, storage devices, enhancing technology solutions. EDGE™ and DiskGO™ by EDGE are trademarks of EDGE Tech Corp. For rmation, visit the company's website at www.edgetechcorp.com.

Consolidation Debt Service Wagner said CATI has the technology transfer and commercialization resources, while MDC works closely with companies and entrepreneurs in Dane County that might be seeking to donate intellectual property or searching for technologies. "This partnership is a very cost-effective and more efficient way for us to market and expand our programs and services across Wisconsin." Wagner said. "It's truly a win-win."

Company Consolidation Debt The partnership agreement allows for revenue sharing on any technology licensing resulting from the joint initiative.

Consolidation Debt Online CATI was developed in 2001 to promote economic growth through entrepreneurial development, technology transfer and project-based education. CATI manages a patent portfolio valued at nearly $40 million.

Consolidation Debt Free MDC is a non-profit development corporation that provides loans and other assistance to small business that will result in new jobs creation in Madison and Dane County. To date, MDC has made hundreds of loans to hard to finance small businesses, which has resulted in over 3,200 new jobs.

Debt Problem MDC is also the entry contact for Dane County businesses and local communities interested in the State of Wisconsin Technology Zone Tax Credits. Our new CATI partnership, along with our loan programs and the Tech Zone tax credits, gives MDC a suite of complementary tools to provide assistance to technology and knowledge-based businesses, Staniszewski added.

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