The University of New Mexico

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Media Contact: Karen Wentworth 505-277-5627
kwentworth@unm.edu

June 19, 2006

Teri Willey Joins Board of Science & Technology Corporation @ UNM

Teri Willey has been appointed to the board of the Science & Technology Corporation @ UNM by the Board of Regents of the University of New Mexico. Willey brings a distinguished and impressive set of credentials in the technology transfer area. She is director of Cambridge Enterprise, the technology transfer group at Cambridge University in Great Britian.

“We are very pleased to have Willey on our board,” said Lisa Kuuttila, president and CEO of STC. “She will add a unique perspective and will undoubtedly make many contributions to the programs at STC.”

Willey previously served as managing partner of ARCH Development Partners, Chicago, an early stage venture fund where she specialized in fund management, fund raising and investment in the biotech and medical-based communities. Willey was also vice president of ARCH Development Corporation, a wholly owned subsidiary of the University of Chicago, which handles licensing and new company development based on University of Chicago and Argonne National Laboratory technologies. While at ARCH, Willey was an adjunct faculty member of the College of Business, Gigot Center for Entrepreneurship at the University of Notre Dame.

Willey has also served as director for Special Commercialization Projects and special assistant to the Vice President of Research at Purdue Research Foundation, as well as director of the technology licensing programs at Northwestern University. She is a past president of the Association of University Technology Managers and is an advisor to select technology and investment associations.

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Science & Technology Corporation @ UNM is a nonprofit corporation formed and owned entirely by the University of New Mexico . The mission of STC is to connect the business community to UNM – to protect and transfer intellectual property and faculty inventions to the commercial marketplace and to assist companies and organizations who wish to access facilities, expertise and research conducted at the University. As STC has evolved, the corporation not only assists UNM faculty, but students, outside inventors and entrepreneurs alike.

The University of New Mexico is the state's largest university, serving more than 32,000 students. UNM is home to the state's only schools of law, medicine, pharmacy and architecture and operates New Mexico's only academic health center. UNM is noted for comprehensive undergraduate programs and research that benefits the state and the nation.

www.unm.edu