BIOSTART and YourEncore Form Partnership to Accelerate Innovation for Life Sciences Start-ups

CINCINNATI, OH, Mar 24 (MARKET WIRE) --
BIOSTART and YourEncore today announced the formation of the Innovation
Partners Program, an innovation acceleration program that provides
BIOSTART's life sciences start-up clients, sponsors and affiliates with
unlimited access to YourEncore's broad community of retired and veteran
scientists and engineers. The program is part of BIOSTART's ongoing
efforts to move from a facilities-based incubator to a services-based
organization. Recently, BIOSTART launched DialedIn.org, an online
resource for life science entrepreneurs and start-ups.

Founded by the Procter & Gamble Company, Boeing, and Eli Lilly and Company
in 2003, YourEncore will help BIOSTART's clients accelerate innovation by
connecting them with industry and technology experts who can provide the
skills often missing from young start-ups. Typically, companies pay
YourEncore an annual fee to access its network of experts. As a result of
the partnership, YourEncore is waiving the access fee for BIOSTART's
clients, sponsors and affiliates. Other life sciences, biotech and
technology start-up companies and incubators can also join BIOSTART to
gain access to the Innovation Partners Program.

Participants in the program can use the network as often as they want and
only pay when they engage a YourEncore network member in a short-term
project. Costs of a project vary based on a number of factors, including
experience level, qualifications, type of services delivered and length of
engagement.

"This is the first program of its kind for both BIOSTART and YourEncore,
and it provides a great opportunity for young companies to access skills
and resources that otherwise may have been out of reach," said Camille
Rechel, Director of the Innovation Partners Program. "Through our
consultative program, we will work with BIOSTART's clients to identify and
match their needs with experts that can provide skills and support on a
short-term project basis. The program is uniquely positioned to help
participants retain critical knowledge and make remarkable connections and
solve challenging problems using expertise from a variety of companies and
industries."

For more than 10 years, BIOSTART has empowered young life science
companies with business and scientific know-how and cutting-edge lab
facilities. BIOSTART serves as a catalyst and a community allowing life
science start-ups to transform ideas and technology into products that are
then advanced to market by sustainable businesses. With the Innovation
Partner Program, BIOSTART is focused on expanding its services offerings
and geographic reach to help even more life sciences start-up companies.

"This program allows our clients, sponsors and affiliates to leverage
external resources to accelerate their research and development efforts,
while allowing BIOSTART to affect more entrepreneurs and start-ups," said
Carol Frankenstein, president of BIOSTART. "Many of our young companies
don't have the funding or full-time need for an experienced scientist or
engineer. The Innovation Partners Program saves them money and fills the
needs with been-there-done-that experts on a short-term basis. Simply by
joining BIOSTART, organizations can save a significant amount of money to
access YourEncore's extensive community of under-utilized retired and
veteran scientists."

For more information on BIOSTART's Innovation Partners Program, contact
Camille Rechel at 513-475-4089 or email crechel@biostart.org.

About BIOSTART

Based in Cincinnati, Ohio, BIOSTART is a life sciences start-up center
serving as a catalyst and community for life sciences entrepreneurs. For
more than a decade, BIOSTART has applied this dual focus approach to build
life sciences companies that create jobs, develop products that improve
health and quality of life, and generate wealth for its clients, the
greater Cincinnati region, and for the State of Ohio. BIOSTART engages
clients and partners in a supportive entrepreneurial culture that has
global reach and relationships.

BIOSTART catalyzes life sciences commercialization by finding medical
product innovators, nurturing ventures that develop competitive products,
and connecting companies to the resources needed to create wealth and
jobs. For more information, visit www.BIOSTART.org.

About YourEncore

YourEncore (http://www.yourencore.com) helps companies accelerate
innovation by leveraging the expertise of retired and veteran scientists
and engineers. YourEncore provides these services to industry-leading
companies using a secure and confidential business environment. Procter &
Gamble, Eli Lilly and Company, The Boeing Company, General Mills, National
Starch and other Fortune 500 companies engage with YourEncore to leverage
external innovation as a means to accelerate growth. YourEncore experts
specialize in the life sciences, consumer sciences, food sciences,
specialty materials, and aerospace and defense industries. YourEncore
received the 2007 Growth Award from Indiana University's Kelley School of
Business. YourEncore is headquartered in Indianapolis.

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