Innovaro Q1 Earnings Call and Supplemental Q&A Audio Now Available

TAMPA, Fla.--(BUSINESS WIRE)--UTEK Corporation, doing business as Innovaro (NYSE Amex: INV), a comprehensive innovation solution company, has released its first quarter 2010 earnings call and supplemental Q&A audio files to the investor relations section of its website.

To listen to the audio files or to view other financial releases from the Company please go to: http://innovaro.com/AboutUs/InvestorRelations/FinancialFilings.aspx.

About Innovaro^®

UTEK Corporation, doing business as Innovaro^®, is a comprehensive end-to-end innovation solution provider. With fully scalable solutions, whether for a global 1000 company or small R&D lab or university scientist, we help our clients create breakthrough innovation, realize latent value in their IP and accelerate their innovations to market. Leading companies trust us to create profitable growth, new revenue streams, enduring capabilities and lasting value through innovation. – NYSE Amex: INV – www.innovaro.com

Forward-Looking Statements

Certain matters discussed in this press release are “forward-looking statements.” These forward-looking statements can generally be identified as such because the context of the statement will include words such as “expects,” “should,” “believes,” “anticipates” or words of similar import. Certain factors could cause actual results to differ materially from those projected in these forward looking statements and these factors are identified from time to time in our filings with the Securities and Exchange Commission. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. This press release is available at www.innovaro.com.