UTK Utek Corp.

UTEK Corporation (NYSE Amex: UTK), a global IP licensing and innovation services company, announced today that the Company will release third quarter 2009 financial results after the market close on Monday, November 9, 2009. UTEK management will conduct a conference call with analysts and investors at 4:30 pm EST to discuss the results.

Investors and analysts can participate in the call by dialing: US & Canada: 877-554-2421 UK: 0-800-917-4860 Other International Callers: 706-679-7207 Please reference conference ID# 40154044

About UTEK Corporation

UTEK® is a leading global IP licensing and innovation services company. UTEK’s services enable its clients to enhance their innovation capabilities, rapidly source externally developed technologies, create value from their intellectual property and gain foresight into marketplace and technology developments that could affect their business. For more information about UTEK, please visit its website at www.utekcorp.com.

Forward-Looking Statements

Certain matters discussed in this press release are “forward-looking statements." These forward-looking statements can generally be identified as such because the context of the statement will include words, such as UTEK "expects," "should," "believes," "anticipates" or words of similar import. Such forward-looking statements are subject to certain risks and uncertainties, which could cause actual results to differ materially from those currently anticipated. Certain factors could cause results and conditions to differ materially from those projected in these forward-looking statements. These factors are not exhaustive. New factors, risks and uncertainties may emerge from time to time that may affect the forward-looking statements made herein. These forward-looking statements are only made as of the date of this press release and UTEK does not undertake any obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances. This press release is available on the Company’s website at www.utekcorp.com.