Dept. of Commerce: Wisconsin Development Fund Awards

Contact: Tony Hozeny, (608) 267-9661

MADISON – Gov. Jim Doyle today announced that two companies will share
$167,169 in Wisconsin Development Fund awards. The awards were made at the
Wisconsin Development Finance Board meeting held March 22 in Madison.

“My Grow Wisconsin initiative calls for supporting Wisconsin’s manufacturing
and technology industry clusters,” Gov. Doyle said. “Today’s awards will
assist Marlin Technologies, Inc., in its efforts to achieve ISO
certification, and also support a project that will advance medical
technology for NeoClone Biotechnology International, LLC. The awards will
help these companies create 16 jobs, retain 25 positions, train 22
employees, and leverage $599,169 in additional investment.”

The following summarizes the successful proposals:

Marlin Technologies, Inc., Horicon, Dodge County, $17, 169 Customized Labor
Training (CLT) grant. Marlin Technologies, Inc., is a full-service provider
of electronic controls for original equipment manufacturers. It is seeking
ISO 9001:2000 certification, IPC circuit assembly standards and
certification, and inspection standards certification. The company will use
the CLT funds to train 20 existing employees and two new employees. The
project will leverage $17,169 in additional private investment.

NeoClone Biotechnology International, LLC, Madison, Dane County, $150,000
Technology Development Loan (TDL). NeoClone Biotechnology International, LLC
develops and manufactures technology that produces monoclonal antibodies in
mice (mAbs) in less time and at lower cost than conventional development
processes. The mAbs may be used for the treatment of a wide range of
diseases. This project includes the adaptation of technology from its
current working environment in the mouse immune system to that of the human
immune system. The company will use the loan for additional lab space,
equipment and materials. It will retain five positions and create 14
positions at an average wage of $18/hour. The project will leverage $582,000
in additional private investment.

The Department of Commerce staffs the Wisconsin Development Fund.
The independent Wisconsin Development Finance Board considers proposals and
awards funds. For further information, contact Jamie Wall at (608)