Voiplogic: September 2008

21Ventures and the Quercus Trust Award $200,000 Grant to Support the Solar Energy Research of Professor David Cahen of the Weizmann Institute of Science New York, NY,

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21Ventures Grants $200,000 for Solar Energy Research at Weizmann Institute.

September 15, 2008 --- 21Ventures and the Quercus Trust announced today that they have awarded a $200,000 grant to support the solar energy research of Professor David Cahen of the Weizmann Institute of Science in Rehovot, Israel. The grant will be used to further the exploratory research of novel approaches to harness solar energy in less expensive and more efficient new ways and to explore approaches for making better use of existing solar energy technologies. “Professor Cahen’s ground breaking work has the potential to make a significant impact on the availability and the ultimate use of alternative energy sources, in this case, solar energy. Such efforts support the goal of 21Ventures and the Quercus Trust to secure a cleaner and healthier environment worldwide,” said Mr. David Anthony, Managing Partner, 21Ventures. One area that the research will focus on is exploring the potential of various long-term light management approaches. That direction will be complemented by research on potentially low cost, novel ways to collect more energy from sunlight and the means of using that energy in daily life. “Professor Cahen is a globally respected scientist with an international reputation for excellence. His advancements in the clean energy field are impressive. It is with pride that we support his work and at such a quality academic institution such as the Weizmann Institute of Science,” said Mr. Anthony.

About 21Ventures Founded in 2004 and headquartered in New York, 21Ventures is a venture capital fund which invests in seed, early stage technology and publicly traded companies in the physical security, clean energy and mobile software markets. 21ventures is led by David Anthony who, in addition to serving as Director of several 21Ventures portfolio companies, serves a member of the Board of Director’s of World Water & Solar Technologies Corporation. The fund’s primary geographic focus is Israel, where over half of the company’s investment capital has been deployed to date. 21Ventures currently manages more than $250 million worth of investments in 25 companies in Israel and the United States. More than half of 21Ventures’ investments are in clean energy companies. For more information, please visit www.21ventures.net.

To schedule an interview, please contact David Anthony at danthony@21ventures.net or at 212-889-4681. About Weizmann Institute The Weizmann Institute of Science in Rehovot, Israel, is one of the world's top-ranking multidisciplinary research institutions. Noted for its wide-ranging exploration of the natural and exact sciences, the Institute is home to 2,600 scientists, students, technicians and supporting staff. Institute research efforts include the search for new ways of fighting disease and hunger, examining leading questions in mathematics and computer science, probing the physics of matter and the universe, creating novel materials and developing new strategies for protecting the environment.

Contact info: David Anthony, Managing partner 21ventures, LLC
e-mail : danthony@21ventures.net Telephone 212-889-4681.