RNS Number : 4575H
  UTEK Corporation
  05 November 2008
   

    5 November 2008

    UTEK Corporation

    Notice of Third Quarter 2008 Financial Results

    Tampa, FL - UTEK Corporation (NYSE-Alternext & LSE-AIM: UTK) will report its financial results for the third quarter to 30 September
2008 on Friday 7 November 2008 following the close of market in the US. 

    UTEK will hold a live conference call at 3:00 p.m. London (10:00 a.m. EST, US) on Monday 10 November 2008 to discuss the third quarter
results.  All interested parties are invited to attend the conference call.  

    Conference call dial-in numbers:

    UK: 0800-032-3836
    US & Canada: +1 866-672-2663
    Other International Callers: +1 404-665-9588
    Conference reference ID� 70988572

    About UTEK Corporation 

    UTEK� is a leading innovation services company. UTEK enables clients to become stronger innovators, rapidly source externally developed
technologies, create value from their intellectual property and gain foresight into marketplace and technology developments that affect
their business. UTEK is a business development company. For more information about UTEK, please visit its website at www.utekcorp.com.

    Contacts:

 UTEK Corporation
 USA
 Allen & Caron, Inc.                      +1 212-691-8087
 Brian Kennedy

 UK
 Bankside Consultants                 +44 (0)20-7367-8888
 Steve Liebmann or Simon Bloomfield

 Fairfax I.S. PLC
 Jeremy Porter                       + 44 (0)20-7598-5368

    Forward-Looking Statements 

    Certain matters discussed in this press release are "forward-looking statements." These forward-looking statements can generally be
identified as such because the context of the statement will include words, such as UTEK "expects," "should," "believes," "anticipates" or
words of similar import. Similarly, statements that describe UTEK's future plans, objectives or goals are also forward-looking statements.
Such forward-looking statements are subject to certain risks and uncertainties, including the financial performance of UTEK and the
valuation of UTEK's investment portfolio, which could cause actual results to differ materially from those currently anticipated. Although
UTEK believes the expectations reflected in any forward-looking statements are based on reasonable assumptions, it cannot give any assurance
that its expectations will be attained. Shareholders, potential investors and other readers are urged to consider these factors carefully in
evaluating any forward-looking statements. Certain factors could cause results and conditions to differ materially from those projected in these forward-looking statements, and some of these
factors are discussed below. These factors are not exhaustive. New factors, risks and uncertainties may emerge from time to time that may
affect the forward-looking statements made herein. These forward-looking statements are only made as of the date of this press release and
UTEK does not undertake any obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.

    UTEK's operating results could fluctuate significantly due to a number of factors. These factors include the small number of
transactions that are completed each quarter, the value of individual transactions, the timing of the recognition and the magnitude of
unrealised and realised gains and losses of companies in its portfolio, UTEK's dependence on the performance of its operating divisions as
well as the companies in its portfolio, the possibility that advances in technology could render the technologies it has transferred
obsolete, the loss of technology licences by companies in its portfolio, the degree to which it encounters competition in its markets, the
volatility of the stock market and the volatility of the valuations of the companies it has invested in as it relates to its realised and
unrealised gains and losses, the concentration of investments in a small number of companies, marketplace demand for innovation consulting
services as well as other general economic conditions. As a result of these and other factors, current results may not be indicative of UTEK's future performance. For more information on UTEK and for a more
complete discussion of the risks pertaining to an investment in UTEK, please refer to UTEK's filings with the Securities and Exchange
Commission.


This information is provided by RNS
The company news service from the London Stock Exchange
 
  END 
 
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