Visual Management Systems, Inc. (OTC BB:VMSY.OB - News), a leading digital surveillance company based in Toms River, N.J., is pleased to announce that CEO Jason Gonzalez was recently interviewed by Zangani Investment Community.

In the interview Mr. Gonzalez discusses Visual Management Systems and its recent acquisitions of the assets of the Intelligence Digital Systems.

The interview can be accessed in its entirety at: http://www.zangani.com/webcasts/20080505/vms.

Zangani Investor Community interviews Jason Gonzalez, Chief Executive Officer of Visual Management Systems (VMS). Jason discusses the company's recent acquisition of substantially all the assets of Intelligent Digital Systems, LLC., a leading enterprise surveillance software development company and manufacturer of the TechEye® Line of Network and Digital Video Recording Devices.

Visual Management Systems, Inc. (OTCBB: VMSY) is a New Jersey Based Corporation that consolidates the operations of subsidiaries including Visual Management Systems, LLC and Visual Management Systems PDG, LLC. The VMS Companies focus on providing businesses with remote management systems for loss prevention, physical security, asset protection and management controls - on and off-site.

UTEK Corporation (AMEX:UTK - News) (LSE-AIM:UTK) today announced financial
results for the three months ended March 31, 2008.

Results of Operations

For the quarter ended March 31, 2008, income from operations (revenue)
was $3,665,566 as compared to $7,947,771 for March 31, 2007. Net income
(loss) from operations for the quarter ended March 31, 2008 was
($378,399), as compared to $2,233,391 for the quarter ended March 31,
2007. Approximately 72% and 88% of our income from operations (revenue)
was received in the form of unregistered shares of stock for the
quarters ended March 31, 2008 and 2007, respectively.

CTT to Display the Device At APS Meeting in Tampa

Competitive Technologies, Inc. (AMEX:CTT - News) announced today that it has applied for FDA 510(k) medical device authorization for U.S. sales of its pain management therapy device. The CTT device has Medical Device CE certification from the European Union allowing European sales for this non-invasive method for rapid treatment of high-intensity oncologic and neuropathic pain, including pain resistant to morphine and other drugs. CTT has exclusive worldwide rights to this patented device.

CTT will launch and display the device in the U.S. at the American Pain Society's (APS) 27th Annual Scientific Meeting in Tampa, FL on May 8 and 9, 2008 (http://www.ampainsoc.org). The APS is a multidisciplinary community that brings together scientists, clinicians and other professionals to increase the knowledge of pain and transform public policy and clinical practice to reduce pain-related suffering.

John Nano, Chairman & CEO of Competitive Technologies, explains their new breakthrough pain management system.

The therapy device, from the research of CTT client Professor Giuseppe Marineo of Delta Research & Development in Rome, treats oncological and neuropathic pain that has proven resistant to traditional drug protocols.

The non-invasive treatment from the research of CTT client Professor Marineo has already been used with successful results in seven hospitals in Italy on over 2,000 patients suffering from intense drug-resistant pain. The device has received Medical Device CE certification from the European Union as an approved electronic-analgesic apparatus. The treatment is performed by applying surface electrodes to the skin to simultaneously treat multiple pain areas.

UTEK Corporation (AMEX:UTK - News)(LSE-AIM:UTK) today announced that it will report its financial results for the first quarter 2008 on Tuesday, May 6, 2008. UTEK will hold a live conference call at 10:00 a.m. EDT to discuss the results. All interested parties are invited to attend the conference call.'

US & Canada: 866-672-2663
UK: 0-800-032-3836
Other International Callers: 973-582-2772
Please reference conference ID# 45897390

UTEK Corporation (AMEX:UTK - News) (LSE-AIM:UTK), a leading Innovation services company, is pleased to announce that its subsidiary UTEK Real Estate Holdings, Inc., has executed a lease with WilsonMiller, Inc. for approximately 8,000 square feet in UTEK’s office center.

“We are very pleased to have WilsonMiller as a tenant, and we look forward to a long term, mutually beneficial relationship. The consummation of this lease brings UTEK’s office center to 100% occupancy,” said Sam Reiber, President of UTEK Real Estate Holdings, Inc.

Clifford M. Gross, Ph.D., Chief Executive Officer of UTEK Corporation (AMEX:UTK - News) (LSE-AIM:UTK), will be participating on Frost & Sullivan’s Chairman Series on Growth webcast on Tuesday, May 6th at 2:00 pm EDT.

Dr. Gross will be co-presenting with Frost & Sullivan’s Chairman, David Frigstad, for the session entitled, “The CEO's R&D Team: Innovation to Drive Profit and Growth.” Dr. Gross will be addressing the challenges that companies face in implementing growth strategies, sustaining top-line growth and exactly how “Open Innovation” can assist in the research and development process. This session will discuss how augmenting in-house research and development with an Open Innovation program can enhance the new product pipeline with a go-to-market strategy that leverages external sources of innovation.

Independent News Service Will Post TekScout Listings

UTEK Corporation’s (AMEX:UTK - News) (LSE-AIM:UTK) TekScout™, an online network that links companies and scientists to help advance research and development processes, has teamed with Science|Business, an R&D news service, to make information available to each other’s readers.

Science|Business, an independent news and events service focused on research and development investment and policy in Europe, connects buyers and sellers of emerging technologies. Through the agreement, Science|Business will post TekScout’s listings to help attract companies and readers to solve challenges posted on TekScout. There is a direct link to www.TekScout.com on the Science|Business homepage. UTEK anticipates that this partnership will help reach its target audience and gain increased exposure and traffic through Science|Business’ readers.

Rival Technologies Inc. (Other OTC:RVTI.PK - News) Earlier this year the Company engaged an engineering firm to provide an independent review and evaluation of its TRU(TM) process. The report has now been completed and received by the Company.

It is concluded that the TRU(TM) process has benefits and the operation of a commercial unit can be projected from existing test results. "It is recommended that we undertake a continuous feed pilot program that simulates, to a reasonable degree, the expected operating conditions for a commercial production thermal cracker - solvent extraction process," stated Klaus Oehr, Director of Research and Development at TRU Oiltech.

A one barrel per day pilot plant is forecast to cost USD $5 million. TRU Oiltech is now in discussion with a number of potential oil industry partners for this next phase in commercial development of the TRU(TM) process.

Competitive Technologies, Inc. (AMEX:CTT - News) announced today that is has signed a letter of agreement with a billion-dollar European healthcare company in anticipation of granting them European distribution rights for CTT's pain management therapy device. The device is a non-invasive method for rapid treatment of high-intensity oncologic and neuropathic pain, including pain resistant to morphine and other drugs. It has Medical Device CE certification from the European Union allowing European sales.

Visual Management Systems, Inc. (OTC BB:VMSY.OB - News), a full-spectrum Digital Surveillance provider, is pleased to announce that it has completed the acquisition of substantially all the assets of Intelligent Digital Systems, LLC., a leading enterprise surveillance software development company and manufacturer of the TechEye® Line of Network and Digital Video Recording Devices.

As part of the transaction, Visual Management Systems (VMSY) and Intelligent Digital Systems (IDS) entered into a joint venture to obtain approval of certain patent applications formerly held by IDS that are relevant to VMSY's industry which have been assigned to the new entity. The joint venture has granted VMSY an exclusive license to use the technology which is the subject of the patent applications in the manufacture, distribution, integration and installation of digital video surveillance devices for the security industry.

Visual Management Systems, Inc. (OTC BB:VMSY.OB - News), a leading digital surveillance company based in Toms River, N.J., announced that it has filed its annual report on Form 10-KSB for the fiscal year ending Dec. 31, 2007 with the U.S. Securities and Exchange Commission.

Net revenues for the year ended Dec. 31, 2007 increased 40.5 percent to approximately $6.3 million from approximately $4.5 million for the year ended Dec. 31, 2006. The increased revenues reflected elevated sales efforts that resulted in sales to new customers and further penetration of the company's existing customers.

Total operating expenses for the year ending 2007 were approximately $8.4 million, an increase of $4.8 million from the prior year. This increase may be attributed to expanded employee related expenses, new cost of sales and additional professional fees as well as expenses resulting from the private placements that occurred in July and November 2007.

UTEK Corporation (AMEX:UTK - News) (LSE-AIM:UTK), a leading Open Innovation services company, and Platina Energy Group, Inc. (OTCBB:PLGT - News) (FWB:O5Y), an exploration and production strategic reserve company, are pleased to announce that Platina has acquired Enhanced Oil Recovery, Inc., a wholly owned subsidiary of UTEK, in a stock transaction.

The technology transferred includes an exclusive worldwide license acquired from the University of Texas at Austin for a technology that utilizes a combination of an electrical submersible pump and a jet pump to separate liquid and gas streams. The potential benefit of this system is that it enables a submersible pump and a jet pump to be used in combination in a high gas-to-liquid ratio oil well without installing a gas vent line.

In September 2005, Rival Technologies Inc. purchased a technology with the potential to provide an upgrading process for heavy crude and oil sands bitumen.

TRU Oiltech Inc. was created, laboratory scale research and development rejuvenated, resulting in a next generation primary upgrading technology, the TRU™ process. The process cost effectively produces a premium, pipeline grade, synthetic crude oil branded TRULITE™ and is now ready for continuous feed pilot testing by heavy oil producers and refiners worldwide.

In September 2005, Rival Technologies Inc. purchased a technology with the potential to provide an upgrading process for heavy crude and oil sands bitumen. TRU Oiltech Inc. was created, laboratory scale research and development rejuvenated, resulting in a next generation primary upgrading technology, the TRU™ process. The process cost effectively produces a premium, pipeline grade, synthetic crude oil branded TRULITE™ and is now ready for continuous feed pilot testing by heavy oil producers and refiners worldwide.

To view the Business World News video featuring Rival Technologies, please click here.

Researchers from the Hebrew University of Jerusalem and the Technion-Israel Institute of Technology are using virtual reality games to find out more about schizophrenia.

Schizophrenia is a psychiatric diagnosis that describes a mental illness characterized by impairments in the perception or expression of reality, most commonly manifesting as auditory hallucinations, paranoid or bizarre delusions or disorganized speech and thinking in the context of significant social or occupational dysfunction. Onset of symptoms typically occurs in young adulthood, with approximately 0.4–0.6% of the population affected. Diagnosis is based on the patient's self-reported experiences and observed behavior. No laboratory test for schizophrenia exists.

The Middle East has been growing date palms for centuries. The average tree is about 18-20 feet tall and yields about 38 pounds of dates a year. Israeli trees are now yielding 400 pounds/year and are short enough to be harvested from the ground or a short ladder.

Israel, the 100th smallest country, with less than 1/1000th of the world's population, can lay claim to the following:

The cell phone was developed in Israel by Israelis working in the Israeli branch of Motorola, which has its largest development center in Israel.

Most of the Windows NT and XP operating systems were developed by Microsoft-Israel.

The Pentium MMX Chip technology was designed in Israel at Intel. Both the Pentium-4 microprocessor and the Centrino processor were entirely designed, developed and produced in Israel.

UTEK Corporation (AMEX:UTK - News) (LSE-AIM:UTK), a leading Open Innovation services company, today announced that the American Institute of Chemical Engineers (AIChE) has signed an Agreement to co-market the innovation services of UTEK Corporation to AIChE’s Society for Biological Engineering (SBE), which contains over 1,500 members representing over 300 companies.

SBE was chosen to pilot this program for AIChE due to the entrepreneurial spirit and fast pace of technology change in this market segment. AIChE’s objective is to provide value to its members by leveraging UTEK’s position as the first full service provider of Innovation Services, including: Innovation Strategic Consulting, Patent Analytics, Global Technology Licensing and Web Based Intellectual Property (IP) Services. AIChE and UTEK will jointly offer all of UTEK’s services to AIChE SBE members as an initial pilot program, which could be expanded to AIChE’s entire member base of over 40,000 members.

Targeted Investor and Media Outreach to Begin for Innovation Services Company

UTEK Corporation (AMEX:UTK - News) (LSE-AIM:UTK), a leading innovation services provider, has retained the Investor Relations Group, Inc. (IRG) to serve as its investor relations and public relations firm in the U.S., in order to achieve greater recognition in the financial and media communities. IRG, a thirteen-year-old corporate communications firm, will strive to increase UTEK’s public exposure among investors and the media-at-large through a targeted campaign.