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University announces termination of strategic partnership with ANGLE plc – University of Reading

The University of Reading has announced today its long-term commercial partnership with ANGLE plc has been terminated by mutual agreement with effect from 26 July 2007.

The partnership was designed to accelerate the commercialisation of University intellectual property through the provision by ANGLE of consultancy support, investment funding and commercial management. It operated successfully for 12 months and helped to embed technology transfer as an integral part of the University's operations.

The University and ANGLE will continue to co-operate if relevant business opportunities arise in the future. The termination of the partnership positions the University to pursue the transformation of its commercialisation capability through new routes.

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For further information please contact Dr Sue O'Hare, Head of Technology Transfer, University of Reading via email on s.c.ohare@reading.ac.uk or by telephone on 0118 935 7198.

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About the University of Reading

The University of Reading is one of the top 20 research-intensive universities in the UK, with a world-wide reputation in the areas of environmental technologies, agriculture, food biosciences, information and communications technologies, construction management, and financial markets. The University is committed to achieving excellence in research, teaching and enterprise and to translating its excellence into a major contribution to culture, economic well-being and the quality of life.

For more information, visit www.reading.ac.uk