TEKCAPITAL ACQUIRES BUSINESS & INTELLECTUAL ASSETS OF VORTECHS GROUP

COLUMBUS, OH – May 4th, 2016 – The Vortechs Group, Inc. (“Vortechs Group”) has announced that its intellectual assets have been acquired by Tekcapital PLC, a global university technology and intellectual property services company located in Oxford, England.

The acquisition will better serve the needs of the Vortechs Group’s technology transfer clients by expanding the breadth of its services and creating a stronger bridge to businesses looking to acquire technology. As a division of Tekcapital, which currently provides services that enable technology discovery combined with the assessment of the commercial potential of new inventions, the Vortechs Group will be better positioned and aligned to offer lifecycle services in bringing technologies to market. With the addition of Vortechs Group’s executive search and team-building, Tekcapital is positioned as a turn-key service provider to technology suppliers and corporate clients. To learn more about Tekcapital, please visit http://tekcapital.com.

Dr. Clifford M. Gross, Tekcapital executive chairman, said: “We are very pleased to announce the acquisition of the Vortechs Group assets and business. The directors believe that this acquisition will provide an additional valuable and synergistic service for our clients.”

Glen Gardner, President and founder of Vortechs Group said, “We’re thrilled about the opportunities this affords the current and future clients of the Vortechs Group. As a division of Tekcapital we are better positioned to offer a greater depth of service outside of executive search. This relationship complements our dedication to providing the best executive recruiting solutions in the technology transfer industry and expands our relationships and offerings considerably.”

About Vortechs Group: based in Central Ohio, is one of the leaders in executive search in the technology transfer industry. With world-renowned clients like Duke University, Howard Hughes Medical Institute, the Association of University Technology Managers (AUTM), Innovate Calgary, and Oak Ridge National Laboratory, the Vortechs Group has placed high caliber professionals in positions in technology transfer, sponsored research, commercialization, and technology-based economic development.

To learn more information about the Vortechs Group, please visit http://vortechsgroup.com.

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