Article: Power3 Medical Products, Inc. and UTEK Corporation Announce Strategic Alliance for Medical Products Technology Transfer.

Business Editors/Health/Medical Writers/High-Tech Writers

BRADENTON & PLANT CITY, Fla.--(BUSINESS WIRE)--April 21, 2004

Power3 Medical Products, Inc. (OTCBB:PWRM), a company focused on developing healthcare products, and UTEK Corporation (AMEX:UTK), an innovative technology transfer company, announced jointly today the signing of a Strategic Alliance Agreement.

Paul Gray, Chief Financial Officer and Head of New Product Development of Power3 Medical Products, Inc., stated, "We are very pleased to retain UTEK to help identify proprietary technology acquisition opportunities to potentially expand our product line."

Through its strategic ...

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