Fusion IP Board Appointment

Published Date: 03 Dec 2009

Fusion IP (AIM: FIP), the university commercialisation company which turns university research into business, today announces that Dr Alison Fielding will join the Board as Non-Executive Director with immediate effect.

Alison, who is currently Chief Technology Officer at IP Group plc, joins the Fusion board following the Company’s £3.2m fund raising that resulted in IP Group holding a 19.8% stake in Fusion.

Alison brings a wealth of intellectual property commercialisation experience to the Board. At IP Group, Alison is responsible for the evaluation and commercialisation of intellectual property originating from the ten, research intensive, universities with which IP Group has partnerships. Alison joined IP Group when it acquired Techtran Group Limited in January 2005, a technology transfer company that provides commercialisation services to the University of Leeds, where she was co-founder and Chief Operating Officer. Prior to Techtran, Alison spent five years at McKinsey & Co where she consulted primarily to the pharmaceutical and health care sectors and four years as a development chemist for Zeneca.

Alison holds an MBA from Manchester Business School, a PhD in organic chemistry and a first class degree in chemistry from the University of Glasgow.

The following information is given in respect of Dr Alison Fielding as required by Schedule 2 paragraph (g) of the AIM Rules.

Current Directorships:

The Foundation for Social Entrepreneurs

Amaethon Limited

Care International UK

Coe Group Plc

Crysalin Limited

Green Chemicals Plc

IP Group Plc

IP Industry Partners Limited

Perachem Limited

Techtran Corporate Finance Limited

Techtran Group Limited

Techtran OInvestments Limited

Techtran Limited

Techtran Services Limited

Top Technology Ventures Limited

Previous Directorships:

Kiltrock Limited

Commenting on appointment, Doug Liversidge CBE, Chairman of Fusion IP, said:

“Alison’s appointment as NED further strengthens the relationship between Fusion and IP Group, following IP Group’s investment in and Co-investment Agreement with Fusion, which was passed on 2 December 2009. Alison brings a wealth of university intellectual property commercialisation experience to Fusion and we are very pleased to welcome her to the Board.”

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