Guildford, UK, 28 July 2005: ANGLE plc has announced that its US consulting and management division has won a contract with The BioBusiness Alliance of Minnesota, worth US$200,000, to conduct a comprehensive assessment of the state's biobusiness capabilities.
The information from the six month assessment, which will conclude in the fourth quarter of 2005, will benchmark Minnesota against other countries and states. The outcome of the process will identify the state's strengths and development needs, and provide recommendations to target specific areas of biobusiness in which Minnesota can compete as a global leader.
Andrew Newland, chief executive of ANGLE plc, said: "This contract is a great example of ANGLE's continuing expansion within the United States. The Minnesota region is a prosperous biobusiness arena and this contract will position ANGLE alongside some of the biggest names in the market. We expect that Minnesota will emerge as a further key platform for our ventures business in the US."
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Notes to Editors
ANGLE is an international venture management and consulting company that creates, develops and advises technology businesses on its own behalf and for its clients. With operations in the US, Middle East and UK (where it is headquartered in Guildford), ANGLE was founded in 1994 by current ceo, Andrew Newland. In 2004, the firm confirmed its rapid progress by completing a successful flotation on the London Stock Exchange’s AIM market raising £9 million.
For Further Information
Deputy CEO – ANGLE
Tel: +44 (0) 1483 295830
28 July 2005
Nadia Nizar/Juliette Doel
The Whiteoaks Consultancy
Tel: +44 (0) 1252 727313
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