"This critical mass of faculty will engage in collaborative research
activities between the institutions participating in the KIZs," Secretary
Yablonsky said.

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Hershey Medical
Center /College of Medicine $250,000

The Pennsylvania State University $150,000

The Pennsylvania State University - Behrend
College $231,300

University of Pennsylvania $250,000

University of Pennsylvania $208,330

University of Pittsburgh $208,335

University of Pittsburgh $250,000

University of the Sciences in Philadelphia $250,000




About Thrivent Financial for Lutherans

Thrivent Financial for Lutherans is a not-for-profit Fortune 500
financial services organization helping 2.

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Keystone Innovation Grants, with $10 million available over
the next several years, are designed to help entrepreneurs who are working
with participating KIZ colleges and universities with the transfer of
technologies from educational institutions to the marketplace, while providing
the needed seed capital for the commercialization of new products .
The Starter Kits will bring approximately 12-18 new faculty researchers,
which will result in an additional 24-36 support positions to universities
throughout the state within three years .

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, Governor Edward G.

The Rendell Administration is committed to creating a first-rate public
education system, protecting our most vulnerable citizens and continuing
economic investment to support our communities and businesses.


KEYSTONE INNOVATION GRANT RECIPIENTS

Institution Amount Keystone Innovation Zone
Affiliation

Bloomsburg University of
Pennsylvania $200,000 Greater Susquehanna KIZ

Carnegie Mellon University $250 ,000 Greater Oakland KIZ

Lehigh University $250,000 Southside Bethlehem KIZ

The Pennsylvania State I-99 Corridor and Navy Yard
University $250,000 KIZ

Saint Francis University $250,000 Greater Johnstown KIZ

University of Pennsylvania $250,000 University City KIZ

University of Pittsburgh $250,000 Greater Oakland KIZ

University of the Sciences in
Philadelphia $50,000 University City KIZ

Penn College of Technology $250,000 Williamsport/Lycoming KIZ

Wilkes University $250 ,000 Lackawanna and Luzerne County
KIZs

East Stroudsburg University $250,000 Pocono Mountain KIZ

Franklin and Marshall College $250,000 Northwest Lancaster KIZ

The Pennsylvania State
University - Harrisburg $250,000 Harrisburg Market KIZ


KEYSTONE INNOVATION STARTER KIT GRANT RECIPIENTS

Recipient Amount

Bloomsburg University of Pennsylvania $63,000

Carnegie Mellon University $208,335

Carnegie Mellon University $250,000

College of Miseracordia $82,700

Geisinger Clinic $202,000

Lehigh University $250,000

Mercyhurst College $75,000

Saint Francis University $71,000

Penn State Milton S.

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Develop cooperative relationships that join Lutheran
institutions and organizations with Thrivent Financial (or
other financial services companies) in offering charitable
giving product options and services to Lutherans.

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The Keystone Innovation Grant program is a companion program to the
groundbreaking Keystone Innovation Zone (KIZ) initiative created by Governor
Rendell in 2003.

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"The goal of this initiative is to partner with Lutheran
organizations by providing seed money and training to improve their
ability to generate funds to meet growth goals," said Brad Hewitt,
senior vice president at Thrivent Financial . Not only is that a huge return on our grant investment, it
will help establish stronger foundations for Lutheran ministries., 625 Fourth Ave.

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Rendell today
announced the investment of $6 million to attract more of the world's leading
researchers to Pennsylvania's colleges, universities and academic medical
institutions.
As part of Governor Rendell's Job Ready PA initiative, Keystone Innovation
Starter Kits is designed to help universities recruit top faculty researchers.

Business Editors

APPLETON, Wis. As a not-for-profit organization, Thrivent
Financial sponsors national outreach programs and activities that
support congregations, schools, charitable organizations and needy
individuals .

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Additionally, Keystone Innovation Grants are used to provide seed capital
in the form of grants or loans for faculty and students to conduct business
plan and marketing analysis, prototyping , patent research and filing,
intellectual property and licensing, and royalty agreements to aid in the
creation of new technologies and business opportunities.

Thrivent Financial For Lutherans Awards $4.5 Million in Nation-Wide Initiative to Help Foster Charitable Giving



The grant program goals are to:

Provide practical and personalized opportunities for people to
learn about and respond to charitable gifting options.

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state.----Thrivent Financial
for Lutherans is awarding $4.

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newPA. For more information, visit www.com

Securities are offered through Thrivent Investment Management
Inc.

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"
Grant recipients include congregations, congregation coalitions,
regional divisions of the three largest church bodies, small church
bodies, high schools, colleges, universities , seminaries, and
independent organizations or institutions.8 million members achieve
their financial goals.

Sites related to the Church of the Brethren, the largest of the Brethren denominations.

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5 million to Lutheran organizations
across the country as part of its new Charitable Gifting Initiative.

"The familiar forms of charitable gifting that have supported
Lutheran organizations through the years are facing unprecedented
challenges," said Jim Yagow, manager of Lutheran Grant Initiatives at
Thrivent Financial.

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Governor Rendell said the money will help lure more than a dozen
researchers to the state, as well as the private sector investment that often
funds such research.

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PA Governor Rendell Announces $6 Million Investment in Pennsylvania's Higher Education Academic Medical Institutions

4 billion from
the National Institutes of Health; that's $100 million more than they received
the year before. To find out
more about Governor Rendell's initiatives and to sign up for his weekly
newsletter, visit his Web site at: http://www. Member NASD.

brethren understood

"Grant recipients are projecting more than $180
million in immediate or deferred monetary gifts as a result of this
seed money .thrivent.

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Equip church leaders with collaboration skills and techniques
to open charitable -giving doors., Minneapolis, Minn.

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This is a testament of our leadership in academic research,"
the Governor added. "Such research is critical to the development and new
innovative business solutions and will help build new companies and create new
jobs."
The $6 million investment announced today is split between a Keystone
Innovation Starter Kit and Keystone Innovation Grants, will help lure more
than a dozen researchers to the commonwealth, plus their assistants and the
private investment associated with them.

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"Through our investment in our colleges, universities and medical
institutions, we are working to attract top-tier researchers and research
dollars," the Governor said.us. "Thrivent Financial for
Lutherans can provide this specialized help through both our financial
representatives and our fraternal resources.

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"By directing new research faculty hires into those areas of
interest to the KIZ-related cluster of companies, the intellectual resources
of the universities will bolster project development and spawn economic
opportunities throughout the commonwealth.
Currently, the Ben Franklin Technology Development Authority has approved
16 KIZs and over 30 institutions of higher education are participating in the
program.pa.

Increase the number and amount of immediate and deferred
charitable giving and product solutions among Lutherans and
others. 55415-1665, a wholly
owned subsidiary of Thrivent Financial for Lutherans .

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This new faculty will also be able to
secure over $12 million in additional funding during that time.
Governor Rendell's economic stimulus package contains several programs
that focus on technology development, including the New Pennsylvania Venture
Capital Investment Program, Second Stage Loan Guarantee, the New Pennsylvania
Venture Loan Guarantee Program and the Research and Development Tax Credit and
its tradability component.governor. S.
Member SIPC.

1708 creekside

These programs focus investment in new high-growth
companies and channel support and funding for companies to expand, create jobs
and retain Pennsylvania's talent.
The initiative is a competitive grant program aimed at helping
Lutheran organizations collaborate with a financial services
organization to help Lutherans develop plans that utilize financial
services and products to Lutheran institutions and organizations
through charitable giving.

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Grants Will Attract Top Research Faculty and Assist With Advancement of
Technology Transfer Across Pennsylvania

HARRISBURG, Pa."
"In 2004, Pennsylvania's research institutions garnered $1."
A cornerstone of Governor Rendell's economic stimulus package, the KIZs
gather and align the combined resources of institutions of higher education ,
private business, commercial lending, venture capital and foundations.
For additional information on the Governor's investment in technology and
his economic stimulus programs, please visit http: //www.com or call
1-(866)-GO-NEWPA / (866) 466-3972. Thrivent Financial and its affiliates offer a
broad range of financial products and services including life
insurance, annuities, mutual funds , disability income insurance, bank
products and more.


1708 concern

"Pennsylvania's world-class research institutions
are producing limitless opportunities for entrepreneurs and researchers to
take their ideas from the lab to the marketplace.
At a press conference held today at Harrisburg University , Department of
Community and Economic Development Secretary Dennis Yablonsky said the
Keystone Innovation Starter Kits Grants will generate significant returns,
including the education of our most talented graduate students and new jobs
for Pennsylvanians.

CONTACT:
Kate Philips
717-783-1116

Neil Weaver (DCED)
717-783-1132

EDITOR'S NOTE: Attached is a list of Keystone Innovation Grant and
Keystone Innovation Starter Kit Grant recipients ."
Sixty-three grants ranging from $5,000 to $100,000 have been
awarded and will be used to educate and motivate Lutherans in
charitable gifting options to generate potentially millions of dollars
in new gifts that will benefit Lutheran institutions and
organizations.

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