The Universities of Glasgow and Strathclyde have appointed Mr Bill Nisen as Chief Executive of the E-institute.

The E-institute is a collaborative venture which aims to equip Scotland to fight for a world-leading place in the 'new economy'.

Mr Nisen has more than 20 years' experience in the consumer softwarre, interactive media and internet industries - and is president of South Fork International which provides mentoring services to emerging technology companies in the US and Western Europe.

South Fork International has helped numerous 'new economy' companies to succeed - at a time when many others have suffered spectacular losses - by providing management mentoring, strategic business development advice and guidance on tapping strategic funding.

The E-Institute will:

1. Establish multidisciplinary teams of scientists, engineers and business analysts to work on leading edge issues facing the development of the new economy

2. Turn out skilled graduates educated across the above disciplines

3. Develop programmes that will form a channel for the commercialisation of technology

4. Provide an advice and support structure for industry and commerce

The E-institute is already working constructively with NTL, and is in negotiations with other new economy companies who have a stakeholder interest in its work. An announcement will be made on Tuesday regarding a specific funding source for the first five years.

Mr Nisen says he is looking forward to capturing Scotland's fierce sense of independence and self reliance to make the E-Institute a global leader able to deliver local solutions for the country's new economy.

Media Relations Office (media@gla.ac.uk)

Contact University Press Office: 0141 330 3535 or email wnisen@southforkintl.com

First published: 31 July 2001