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MEMBERS MAKING THE NEWS - APRIL 2002 NEWSFLASH

Message from the Editor: It is that time of year again for the Technolink Association's Annual Visionary Forum. This year we promise to have an Explosive Roundtable Discussion with High-Tech, Life Sciences, Educational, Financial and Political Leaders Exploring the Risks of Building Business for the
Ever Changing Needs of the 21st Century. Since 9-11 the practice of business and government have changed dramatically to meet the needs of homeland security to preserve the Freedom and Democracy of our Country. We look forward to seeing you at our upcoming gatherings and this year's Visionary Forum, which will be held on May 23rd, 2002, 9:00 a.m.-2:00 p.m. at the Omni Hotel, Downtown Los Angeles.

Warmest Regards, Ssusan Forte O'Neil


Visionary Leaders for 2002


We are pleased to announce the Technolink Association's
Visionary Leaders and Honorees for 2002. Each of our Recipients has demonstrated outstanding Leadership Qualities in both their industry and community. Thank you to all for your dedication and commitment in building a better tomorrow.

Dereck Andrade, Business Editor, San Gabriel Valley Newspaper Group

Dr. Faye Eggerding, Director, Huntington Medical Research Institutes

Molecular Oncology and Cancer Genetics Laboratory.

Chris Baker, RN, MSN, CCM, Director, Virtual Pediatric Intensive Care Unit, (VPICU) Los Angeles Childrens Hospital.

Dr. James Kossler, President, Pasadena Area Community College

Dr. Edward J. A. Pope, Founder and President, MATECH

Dr. David Rozzell, President and CEO, BioCatalytics

Lt. General Eugene L. "Gene" Tattini, Deputy Director,
Jet Propulsion Laboratory

To learn more about our Visionary Leaders for 2002 please refer to our website at www.technolinkassoc.org
and click onto Visionary Forum 2002


TECHNOLINK ASSOCIATION - MEMBERS MAKING THE NEWS
LEGAL INSIGHTS

We asked Josh Lichtman, Attorney at Fulbright & Jaworski L.L.P. to share his insights on litigation issues that may take place due to fallout of ENRON:

"Much attention has been given this year to the investigation of Enron's accounting for a somewhat exotic array of off balance sheet partnerships. However, of potentially broader implication for other technology businesses is the recent disclosure of investigations by the Securities and Exchange Commission into some of the more mundane aspects of the accounting practices of Global Crossing, Qwest and WorldCom. The SEC's probe of Global Crossing and Qwest has been focused on those companies' recognition of revenue and capital expenses from "swaps" of fiber-optic network capacity. At heart, the investigation involves the issue of whether the swap transactions had a legitimate business purpose; i.e., were these real "sales." Similarly, the investigation of WorldCom concerns its practices for the booking of sales revenue and write offs of unpaid accounts receivable. Renewed interest in revenue recognition practices at these telecom giants, from both the SEC and, likely to follow, the shareholders' class-action bar, suggests that all companies should review their accounting practices to ensure that appropriate revenue recognition standards are not being compromised in order to meet quarterly financial projections or estimates."

Josh Lichtman can be contacted at Fulbright & Jaworski L.L.P. at 213.892.9200 or jlichtman@fulbright.com



FINANCIAL NEWS AND MORE UPDATES:


Alex Suh, Managing Director, California Technology Ventures, LLC, will be the moderator on April 12 at the Anderson Graduate School of Management's Annual Conference for the Center for Management in the Information Economy. The Conference entitled: "The Business of Technology Perspectives, Problems and Profitability" will also discuss Bioinformatics and business issues related to emerging technologies, including the bioinformatics industry. Earlier that day Mr. Suh will be speaking at the Central Coast Venture Forum on "New Venture Capital Investment Strategies." For more information on Funding Trends please contact Alex Suh at California Technologies Ventures at 626.403.6632 or Alex@ctventures.com.

Terry O'Neill, President and CEO of The O'Neill Company was recently featured in ADVISOR TODAY "Investing in an Unpredictable Market…Back to Basics" as one of their choice of Leaders for the Financial Services Industry. For more information on Financial Trends to secure Human Capital please contact Terry O'Neill at 949.586.8001 or e-mail: terry@theoneillco.com.

 

TECHNOLINK ASSOCIATION - VISIONARY FORUM 2002

THURSDAY, MAY 23, 2002 - Downtown, Los Angeles Hotel
9:00 a.m. Registration o 10:00 a.m. - 2:00 p.m. Forum Discussions

"The Risk Factor" The Reinvention of How We Practice Business Today…

An Explosive Roundtable Discussion with High-Tech, Life Sciences, Educational, Financial and Political Leaders Exploring the Risks of Building Business for the
Ever Changing Needs of the 21st Century

Session Topics Highlights "Rounding Up the New Frontier of Innovation"
HOMELAND SECURITY - INNOVATION - CORPORATE GOVERNANCE
FINANCIAL SECURITY - EDUCATION - FREEDOM - OPPORTUNITIES
CORPORATE MERGERS - SEPTEMBER 11, 2001
CREATIVITY - HUMANKIND DEMOCRACY - RESPECT - CHANGE

SPECIAL THANKS:
ABC News Radio - AT&T Wireless - Fulbright & Jaworski L.L.P.
Jet Propulsion Laboratory - LA Downtown News - MATECH oNABE
Pomona Unified School District - San Gabriel Valley News Group
Sequent Technologies - Stanislawski & Harrison - The O'Neill Company/GenAm

PRE-REGISTER AND SAVE: The cost for the Forum is $75.00 for
TECHNOLINK ASSOCIATION and NABE Members
$90 for non-members by Tuesday, April 30th.
After April 30th the price will be $95 for members and $110 for non-members. Limited Space. Deadline for All Advance Registration is Monday, May 13, 2002.


MILKEN INSTITUTE'S 2002 GLOBAL CONFERENCE
is just around the corner …April 22-24 at the
Beverly Hilton Hotel. The Milken Institute has special prices for Technolink Association Members.
For more information on the Conference visit www.milkeninstitute.org


EDITOR: SSUSAN FORTE O'NEILL - STAFF REPORTER: JULIE MIYOSHI SHAPIRO
CONTRIBUTING REPORTER: JOE SUSCA • DESIGNER: VALERIE GERDES

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