Idealab! Launch Director Joins Technology Review; Matt Mattox to Lead Business Development Efforts

Business Wire, August 3, 2001

Business/Technology Editors

CAMBRIDGE, Mass.--Aug. 3, 2001--Technology Review, MIT's Magazine of Innovation, has announced the appointment of J.R. "Matt" Mattox to the position of Director of Business Development where he will oversee the development and execution of significant strategic partnerships and new ventures for the award-winning magazine and the recently re-launched technologyreview.com.

An accomplished technology executive, Mr. Mattox was formerly Launch Director at IDEALAB!, a firm that creates new technology ventures. Prior to that he was an Equity Research Associate with the Technology Team at Banc of America Securities in New York and is a graduate of the Harvard Business School and Clemson University.

"Matt is an important addition to the Technology Review team," said CEO and Publisher R. Bruce Journey. "His experience in building marketing alliances and new venture development will contribute to this enterprise as it becomes the leading information source about emerging technologies and their impact."

About Technology Review

Technology Review is the world's oldest technology magazine. Re-launched in 1998 as "MIT's Magazine of Innovation," Technology Review, Inc., is a diversified media enterprise that promotes the understanding of emerging technologies and their impact. Its signature magazine, as well as its conferences, events, and new Internet businesses will assist influential audiences in understanding emerging technologies and their impact on the world.

The technology community brought together by technologyreview.com comprises some of the most sought-after visitor populations on the Web. Several hundred thousand current MIT alumni, faculty and students, senior technology thinkers and influencers - venture capitalists, chief scientists, researchers, senior corporate executives, investors, and innovators throughout the world -- constitute the Technology Review community.

Since its re-launch, Technology Review has seen paid circulation more than triple, from 92,000 to 310,000 as of January 2002. The print publication has twice been a finalist for the coveted National Magazine Award in the categories of General Interest (1999) and Public Interest (2000). Technology Review is published monthly and is available on newsstands and online at http://www.technologyreview.com/.>

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