(New York, July 23, 2002) - The World Technology Network has voted The ALL Species Foundation as winner of the 2002 Corporate World Technology Award for the Environment.

Announced at a gala event at New York's historic Hudson Theater on Broadway on 22nd July 2002, the decision was the result of a six month long selection and voting process in which 100 eminent authorities from across twenty technology related fields drew up their list of potential nominees for consideration by the World Technology Network's current membership of 430 leading technologists eligible to cast their votes.

James Clark, Chairman and Founder of the World Technology Network, commented:
"To win a World Technology Award reflects the esteem in which peers hold your work - esteem not only for the technical brilliance of your efforts but for the broader impact those efforts will likely have on shaping the world in which we live. Through winning this World Technology Award, I am delighted to welcome the ALL Species Foundation into the World Technology Network family."

ALL Species Foundation received acclaim for its call to inventory all life on Earth in the next 25 years. Ryan Phelan, CEO of ALL Species Foundation remarked "Technology is increasingly the key driver that will enable the discovery of life on Earth to move forward at an exponential pace."

Other finalists in the corporate environment category included Royal Dutch Shell Group of Companies, Toyota, Unilever, Las Gaviotos (Colombia's model city), Botswana Technology Center, and Development Alternatives. Nominators for this year's World Technology Awards programme in various categories included Dan Goldin, former longest-serving Administrator of NASA, USA; Robert Ayres, Director, Centre for the Management of Environmental Resources, INSEAD France; Masanobu Katoh, General Manager/Director Fujitsu Ltd., USA; Abdul Waheed Khan, Assistant Director-General for Communication & Information United Nations Educational Scientific & Cultural Organization (UNESCO), India and Professor Young Kuk, Chairman, National R & D Planning Committee for Nanotechnology, Seoul National University, Korea.

The 2002 World Technology Awards were held in association with Nasdaq, Intel, Cisco Systems, Novartis, Time, Red Herring, Science, and International Herald Tribune and marked the final event at this year's two-day World Technology Summit which took place at the Millennium Conference Center (Millennium Broadway Hotel) and United Nations headquarters.

For further information about the ALL Species Foundation please visit their website: www.all-species.org. For further information about the World Technology Network, the World Technology Summit, and World Technology Awards, please visit the World Technology Network's website, http://www.wtn.net.

About ALL Species Foundation
The ALL Species Foundation (ALL) is an ambitious global call to inventory all unknown living species of life on Earth in the next 25 years. Current estimates of all species alive on the planet range from 7 to 100 million, of which only 1.7 million have been described to date. Regardless of the number of species remaining to be discovered, all agree that there is a tremendous gap in our knowledge base. Yet our most informed scientists and land-use policy makers continue to operate from a position of "bio-ignorance". Therefore, our ability to accurately predict the long-term consequences of our actions in the natural environment is severely handicapped. ALL supports modern approaches to global biodiversity research and training through multi-national and multi-disciplinary inventory. Advances in transportation, the information revolution, online databases, rapid DNA sequencing and phylogenetic analyses, and electronic publication have removed some of the impediments that previous generations of taxonomists have faced. The ALL Species Foundation fosters the adoption of technologies that show promise for adaptation to inventory and taxonomy, encourage the training of taxonomists and parataxonomists throughout the globe, and enable the industrialization of biotic inventory. ALL intends to fund the process through inventive initiatives, strategic partnerships, and novel approaches.

About World Technology Network
The World Technology Network was created to "encourage serendipity" - happy accidents - amongst those individuals and companies deemed by their peers to be the most innovative in the technology world. WTN's areas of interest range from IT and communications to biotech, energy, materials, space, as well as related fields such as finance, marketing, policy, law, design, and ethics. Each year, WTN members are brought together through an ongoing global series of Roundtable Dinners, Chapter Meetings and other events. WTN also publishes "World Technology Intelligence", a bi-monthly journal about what is imminent, possible, and important in the technology world, written largely by its own members - the people driving the most significant innovations. Central events in the WTN calendar include the annual World Technology Summit and World Technology Awards - the culmination of a global judging programme through which new members are nominated and selected and the network grows and is refreshed.

For more information, please contact:

Julia Berger 415-561-6585
(Director of Special Projects, ALL Species Foundation)

Pamela Shabi/Toby Hall +44 207 467 0607
(GTH Media Relations)