A GOOD IDEA IS NOT ALWAYS ENOUGH

British ‘Thought Leader’ to speak on turning ideas into business success

Date

Chicago, IL — March 26, 2004 —

What makes a good company and a good business? It always starts with a good idea, some new concept, or at least a new slant on an old one that introduces some advantageous change. But getting it all to happen and be successful often means overcoming some tremendous obstacles.

British technologist and entrepreneur Peter Cochrane will address these challenges when he visits the campus of Illinois Institute of Technology (IIT) April 12, 2004, for a lecture in IIT’s continuing “Thought Leaders Seminars.” He will focus on efficient strategies for the entrepreneur in creating new technologies, solutions, businesses and companies.

Cochrane was chief technologist and the former head of research at British Telecom (BT). He retired from BT in November 2000 and joined his own startup company - ConceptLabs - which he founded with a group out of Apple Computers in 1998 in Campbell, Calif., in the Silicon Valley.

A graduate of Trent Polytechnic and Essex University, Cochrane was the Collier Chair for The Public Understanding of Science & Technology at The University of Bristol from 1999 to 2000. He is also a Fellow of the IEE, IEEE, Royal Academy of Engineering, and a member of the New York Academy of Sciences.

Cochrane has published and lectured widely on technology and the implications of information technology. He also has been recognized for his various professional achievements including an OBE award in 1999 for his contribution to international communications, the IEEE Millennium Medal in 2000 and The City & Guilds Prince Philip Medal in 2001.

The lecture, open to the IIT community and the general public, begins at 4:30 p.m. on Monday, April 12, at The McCormick Tribune Campus Center, 3201 S. State Street.

Founded in 1890, IIT is a Ph.D.-granting technological university awarding degrees in the sciences, mathematics and engineering, as well as architecture, psychology, design, business and law. IIT’s interprofessional, technology-focused curriculum prepares the university’s 6,200 students for leadership roles in an increasingly complex and culturally diverse global workplace.