UMBC Technology Center 99 Percent Leased

August 4, 1997-In addition to its new signs hailing commuters along I-95 between Baltimore and Washington, the UMBC Technology Center has recently attracted five new tenants, nearly filling the 30-acre research and training facility. Currently, 21 companies with more than 200 employees occupy the former Lockheed Martin research complex. The newest arrivals include the following firms:

The UMBC Technology Center opened this past spring through cooperative efforts among Maryland's Department of Business & Economic Development, Baltimore County's Department of Economic Development, the Maryland Economic Development Corporation (MEDCO) and the Maryland General Assembly. The State reached an agreement with Lockheed Martin to purchase the facility for $9.5 million, with $5 million appropriated by the General Assembly.

"The UMBC Technology Center and Research Park, now being developed, provide the region and State with an outstanding system of facilities to support high technology business development."
-President Freeman A. Hrabowski, III



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