SCIENCE

ATLANTA, GA -- BrainWorks Ventures, Inc. (OTC BB: BRAV) announced that its Executive Venture Partners subsidiary has signed an agreement with Argonne National Laboratory to assist Argonne Labs maximize the value of its technology assets. Executive Venture Partners has developed a system and methodology for venture consulting that it is implementing to support technology and research functions at Argonne Labs. "Argonne is seen as one of the crown jewels of the Information Technology industry. Much of the basic technology in use today originated at Argonne Labs," said Robert H. Cawly, president and managing partner of Executive Venture Partners. Founded by economist Dr. Donald Ratajczak, BrainWorks Ventures is a venture development and asset management company focused on developing a portfolio of high-growth business opportunities emerging from corporations and universities. In May 2001, BrainWorks Ventures acquired Executive Venture Partners, a boutique consulting practice that specializes in corporate venturing. Executive Venture Partners works with large corporations and government research laboratories to identify undervalued assets that can be commercialized. Executive Venture Partners then provides the resources and management talent to build a business around those assets. Executive Venture Partners also works with businesses to establish corporate venturing programs that manage corporate venture capital funds designed to make strategic investments. "The agreement with Argonne gives BrainWorks Ventures a ground-floor view of how technology is created and developed. This is extremely important to our mission to assist corporations and research institutions transfer technology from the laboratory to the marketplace," said Dr. Ratajczak, chairman and CEO of BrainWorks Ventures. The nation's first national laboratory, Argonne National Laboratory conducts basic and applied scientific research across a wide spectrum of disciplines, ranging from high-energy physics to climatology and biotechnology. Since 1990, Argonne has worked with more than 600 companies and numerous federal agencies and other organizations to help advance America's scientific leadership and prepare the nation for the future. Argonne Labs is operated by the University of Chicago as part of the U.S. Department of Energy's national laboratory system.