HOUSTON TECHNOLOGY CENTER ADDS TWO TO BOARD OF DIRECTORS

Houston (April 19, 2002) – Houston Technology Center (HTC), Houston''s business accelerator, is pleased to announce that Bob Sellingsloh, principal of Wulfe & Co., and Vijay Goradia, founder and chairman of Vinmar International and chairman/acting CEO of Continental Chemicals and ChemXL; have joined its board of directors.

With over 22 years of experience in commercial/retail real estate in Houston, Sellingsloh specializes in the development of shopping centers. Several large retail projects he has helped create include MeyerPark Center, Deerbrook MarketPlace, Pinecroft Center and Meyerland Plaza. Sellingsloh started his career in 1980 with Henry S. Miller Company (Grubb & Ellis) as an associate in the commercial/retail division. On January 1, 1985, he joined Wulfe & Co. as one of the original members and has remained with the company for 17 years.

Outside of Wulfe & Co., Sellingsloh is the chairman of the board of the Midtown Redevelopment Authority, a board member of the Main Street Coalition, a member of the International Council of Shopping Centers and a member of the Urban Land Institutive.

Goradia is a major shareholder of Vinmar International. Vinmar has ownership interest in production of chemicals and polymers activity as well as trading, marketing and distribution of chemicals and plastics on behalf of other producers. Under Goradia’s leadership, Vinmar received the President’s E award for exports from President George Bush, Sr. Goradia is also the chairman and acting CEO of Continental Chemicals and ChemXL. Continental Chemicals is engaged in the production of various chemicals in Thailand, Singapore, Indonesia and China (PRC). ChemXL is an active and growing technology solutions and technology services company, based in Houston.

Goradia has been an active investor in information technology as well as biotechnology for over 10 years, as an angel investor as well as participating in various partnerships. He also sits on the Board of India Education Initiative and on the advisory board of Indo American Chamber of Commerce in Houston.

“Adding these gentlemen to our board of directors, allows us to continue to broaden the scope of services we provide emerging technology companies,” said Paul Frison, president of HTC. “Both have over two decades of business experience in their respective industries that will be invaluable to both the HTC and our entrepreneurs.”

Goradia and Sellingsloh join 27 other prominent members of the HTC’s current board of directors including: Morrie K. Abramson, chairman, Kent Electronics Corporation;
Robert Beauchamp, president and CEO, BMC Software;
Lloyd M. Bentsen III, president, Bentsen Financial Corporation; chairman, Houston Technology Center;
Rod Canion, Co-CEO, Tricord Systems, Inc.; chairman, Insource Technology; chairman, Questia Media, Inc.; founder, Compaq Computer Corporation; Michael D. Capellas, president and CEO, Compaq Computer Corporation;
Nancy T. Chang, Ph.D., president and CEO, Tanox Inc.;
M. Robert Dussler, president and COO, Palmetto Partners, Ltd.;
Doug Erwin, chief executive officer, PentaSafe Security Technologies;
Roy S. Estess, (Ex Officio) director, NASA – Johnson Space Center;
Ralph D. Feigin, M.D., president and CEO, Baylor College of Medicine;
Paul M. Frison, president and CEO, Houston Technology Center;
Malcolm Gillis, Ph.D., president, Rice University;
Jenard Gross, president, Gross Builders, Inc.;
Bernard Harris, M.D., president, Harris Foundation; associate professor, The University of Texas Medical Branch; assistant professor, Baylor College of Medicine;
Charles Hines, Ph.D., president, Prairie View A&M University;
Bruce Leslie, Ph.D., chancellor, Houston Community College System;
Martin Lindenberg, M.D, president, Lindenberg Interests;
M. David Low, M.D., Ph.D., president, The University of Texas – Houston Health Science Center;
David B. McWilliams, president and chief executive officer, Texas Biotechnology;
John Mendelsohn, M.D., president, The University of Texas – MD Anderson Cancer Center;
Matthew R. Simmons, chairman, Simmons & Company International;
Priscilla D. Slade, Ph.D., president, Texas Southern University;
Arthur K. Smith, Ph.D., chancellor, University of Houston System; president, University of Houston;
John D. Stobo, M.D., president, The University of Texas Medical Branch – Galveston;
Massey Villarreal, president and CEO, Precision Task Group, Inc;
James T. Willerson, M.D., president, The University of Texas Health Science Center;
R. Blake Young, president, Global Technology – Dynegy Inc.

About HTC HTC is a non-profit corporation that educates entrepreneurs and assists emerging companies in Houston’s key technology sectors: energy, information technology, life sciences and NASA-originated technologies. HTC’s goal is to enhance Houston’s position as a leading city for starting and growing emerging technology companies. HTC is supported by more than 300 professional firms, corporations and organizations, as well as Houston’s leading academic institutions, the Greater Houston Partnership, Texas Medical Center, Johnson Space Center and City of Houston. For more information, visit HTC’s Web site at www.houstontech.org.

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