Silicon Valley Bank Co-Sponsors UCSD CONNECT's Life Sciences Financial Forum On June 19th

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SAN DIEGO, CA - June 12, 2002 - Silicon Valley Bank, a wholly owned subsidiary of Silicon Valley Bancshares (Nasdaq: SIVB - news), announced today that it will co-sponsor UCSD CONNECT's 12th annual Life Science Financial Forum, held June 19 at the Sheraton San Diego Hotel & Marina-East Tower. The program provides a showcase for San Diego's most innovative bioscience companies and researchers. The one-day event will feature 26 presenting companies seeking venture investment as well as 11 Inventor's Showcase presentations from seed or pre-seed concepts originating out of San Diego's Torrey Pines Plato and corporate partnering opportunities.

The mission of the Forum is to coach life science companies on how to raise venture capital, meet and network with potential investors and develop corporate partnering opportunities. Attendees will benefit from a day of presentations from leading industry experts and some of the region's top entrepreneurial talent. Various industries will be represented, including therapeutics, diagnostics, medical devices, drug discovery instrumentation and/or software, bioinformatics, and AgBio.

Sponsors of the CONNECT Life Science Financial Forum with Silicon Valley Bank include Morrison and Foerster LLP, Sun Microsystems, Forward Ventures' Tech Coast Angels, Heller Ehrman White & McAuliffe LLP, Pillsbury Winthrop LLP, Comerica Technology & Life Sciences Division, Brobeck, Phleger & Harrison LLP, PricewaterhouseCoopers LLP, and The San Diego Daily Transcript.

For more information on the event, please visit www.connect.org.

About UCSD CONNECT
UCSD CONNECT is widely regarded as the nation's most successful regional program linking high-technology entrepreneurs with the resources they need for success: technology, money, markets, management, partners, and support services. Focused on assisting growth companies in the San Diego region, CONNECT has been directly involved with over 850 companies since its inception in 1985. Part of the University of California, San Diego, CONNECT has a dual role in accelerating growth: it assists growth companies in the San Diego region and promotes the commercialization of technology from university-based research. CONNECT's programs also help business service providers, attorneys, accountants, bankers, investors, and marketing professionals with the knowledge about emerging technologies and access to new business opportunities. CONNECT is entirely self-supporting and receives no funding from the University or the State of California. It is supported by membership dues, course fees, and corporate underwriting for specific programs. For more information, visit connect.org.

About Silicon Valley Bank
Silicon Valley Bank serves emerging growth and middle market companies in targeted niches, focusing on technology and life sciences, while also addressing other specific industries in which it can provide a higher level of service and better manage credit through specialization and focus.

The Bank operates throughout the Silicon Valley: Fremont, Santa Clara, Palo Alto and Sand Hill, the center of the venture capital community in California. Other regional offices within California include: Irvine, Los Angeles, Napa Valley, San Diego, San Francisco, Santa Barbara, and Sonoma. Office locations outside of California include: Phoenix, Arizona; Boulder, Colorado; West Palm Beach, Florida; Atlanta, Georgia; Chicago, Illinois; Boston, Massachusetts; Minneapolis, Minnesota; New York, New York; Durham, North Carolina; Portland, Oregon; Philadelphia, Pennsylvania; Austin, Texas; Dallas, Texas; Northern Virginia; and Seattle, Washington. More information on the Bank can be found at www.svb.com.


SVB Contact:

Linda LeBeau, (858) 784-3313, llebeau@svbank.com

UCSD Connect Contact:

Brian Macias, Program Coordinator, (858) 964-1318, blmacias@ucsd.edu
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