For More Information Contact:
Chris Armstrong, Leasing and Development Director
Fitchburg Technology Campus
(608) 294-4086 or firstname.lastname@example.org
Kristi Moe, Public Relations Consultant
(608) 658-2066 or email@example.com
Second New Venture Center Building Opens
MADISON, Wis. (August 1, 2006) – A brand-new building built specifically to meet technology company needs will welcome GenTel Biosciences, Inc., a privately-held life sciences company, when they move to Fitchburg Technology Campus this November.
The latest addition to the New Venture Center complex was completed in July and already houses anchor tenant Imago Scientific and The Madison Group.
“The flexibility of the New Venture Center building design means our space will be able to change with us as our needs as a growing company change,” said Alex Vodenlich, president and CEO of GenTel BioSciences. “The expertise the staff of Fitchburg Technology Campus has shown makes us confident we will enjoy our future home.”
GenTel BioSciences, who will occupy 4,500 square feet of the building, currently employs fourteen people but expects to add up to six more employees in the two years following their move.
“We are very excited to add a company with experienced management team, world class science, and existing sales,” said Chris Armstrong, leasing and development director of Fitchburg Technology Campus. “GenTel BioSciences builds on the cluster of biotech and nanotech companies located at the New Venture Center .”
Recently, the National Institutes of Health awarded GenTel BioSciences a $1.2 million Phase II SBIR grant to develop a test for respiratory allergies that promises to be rapid and less painful.
About the New Venture Center
The New Venture Center is a multi-building project located in the heart of the 120-acre Fitchburg Technology Campus just minutes south of Madison , Wisconsin . Its technology facilities are designed to meet the needs of new and expanding companies on the threshold of breakthrough achievements. Specialized facilities foster scientific advances to improve healthcare, protect the environment and enhance national security. For more information about the New Venture Center , visit http://www.newventurecenter.com or contact Chris Armstrong at firstname.lastname@example.org or (608) 294-4086.