(PRWEB) June six, 2004

WorldTech Inc., a Dulles Corridor technology study & commercialization house with agents in twenty countries, announced these days that it is launching the worldÂ’s very first fully free of charge-of-charge Entire world Technologies Exchange (www.worldtechex.com). The WorldTech Exchange matches emerging technologies and organization possibilities with potential clients, investors, and partners. This fully Free of charge-of-Charge central know-how repository was established to facilitate worldwide engineering transfer.

Technology is rising daily about the globe with wonderful velocity. Governments and market simply can’t keep up with the newest breakthroughs. The Entire world Engineering Exchange will meet this challenge.

Five former Pentagon executives founded WorldTech in March 2002. WorldTechÂ’s mission is to support governments and industry scout for and uncover fascinating, new technologies.

The Exchange will be an open repository exactly where eligible federal government agencies, universities and know-how firms of 130+ nations can log-on totally free of charge-of-cost and listing their technologies offerings or needs in these categories, much like a free of charge “want ads” segment:

1) Engineering For Sale

2) Technologies For License

3) Technology Wished

four) Engineering Partners Sought

five) Joint Ventures Sought

6) Financing Sought

For example, if a U.S. Federal government official in Washington D.C. sees a know-how listed on the Exchange by an inventor in Budapest that is of prospective curiosity, the American will be able to speak to the inventor in Budapest directly without having any center man or charge. Registrants at the Exchange are reminded that all presents of technology for sale or license need to very first be in compliance with their countryÂ’s governing laws, rules and laws for export licensing.

The “technology push” behind of this initiative came from senior officials of the United Kingdom Defense Diversification Company and the Australian Industry and Defense Network, who seek out to assist their technologies businesses, come across U.S. and global partners.

In the course of the month of June 2004, WorldTech will invite governments, universities and business from more than 130+ countries to participate in the Exchange (www.worldtechex.com). WorldTech will assistance this totally free Exchange by supplying technology mining, due diligence and technologies research providers to participating governments, universities and business.

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