Boston University News Release

20th December, 2001

Boston University's Community Technology Fund Announces New Director of Venture Capital

Boston, Mass. Boston University announces that Jason H. Levine is the new director of Venture Capital for the University's Community Technology Fund (CTF). CTF is one of the first focused venture capital and technology transfer programs developed by a university.

"Mr. Levine brings to CTF a wealth of financial expertise," says Matthew J. Burns, managing director of CTF. "He has more than 13 years of experience in finance and entrepreneurship, including capital formation, business negotiation, mergers and acquisitions, and business planning and analysis."

Before joining CTF, Levine was a co-founder of Iconixx Corporation, a consulting and development firm specializing in the areas of financial services, telecommunications, and energy. As corporate vice president for Iconixx, he oversaw corporate development, strategy and planning, and legal affairs. Levine also served in various positions with Merrill Lynch and Tucker Anthony, and as president of Levine Capital Structure, his own financial consulting firm.

Levine received a bachelor of arts degree from Wesleyan University and both a master of business administration degree, with faculty award for academic excellence, and a law degree from the University of Virginia.

Founded in 1975, CTF provides venture capital and access to Boston University's scientific and technical resources to growing businesses. The Fund, valued at more than $50 million, has held equity positions in more than 175 companies in the United States. It has made direct investments in venture deals and as a limited partner in numerous venture funds, such as Oak, Sigma, Domain, NEA, Oxford, Charles River, Polaris, Sequoia, Alta, and others.

CTF manages the Technology Transfer Program at Boston University and assists the University's faculty in identifying, protecting, and commercializing intellectual property. It also is one of the most active backers of Boston University faculty start-up companies.

The fourth largest independent university in the United States, Boston University enrolls nearly 28,000 students in its 17 schools and colleges. Boston University is committed to excellence in teaching as well as to direct involvement in the artistic, economic, social, intellectual, and educational life of the community and of society worldwide. The University offers an exceptional grounding in the liberal arts, a broad range of program in the arts, sciences, engineering, and professional areas, and state-of-the-art facilities for teaching and research.

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