RNS Number:4078L
UTEK Corporation
02 November 2006

UTEK Corporation ("the Company")

The Company announces that it has issued a total of 3,625 shares of Common Stock
("Common Stock") as a result of the exercise of share options under the
Company's share option schemes. The shares of Common Stock will rank pari passu
with the existing issued shares of Common Stock.

Application has been made to the AIM Market of the London Stock Exchange ("AIM")
for such shares of Common Stock to be admitted to AIM on 7 November 2006.


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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