<SEQUENCE>2

<FILENAME>gloex21.txt

<DESCRIPTION>EXHIBIT 2.1

<TEXT>



__________________________________________________________________________

          ACQUISITION OF ADVANCED ILLUMINATION TECHNOLOGIES, INC.

                                    by

                         GLOTECH INDUSTRIES, INC.

__________________________________________________________________________



                     AGREEMENT AND PLAN OF ACQUISITION



      This Agreement and Plan of Acquisition ("Agreement") is entered into

by  and  between  ADVANCED  ILLUMINATION  TECHNOLOGIES,  INC.,  a  Florida

corporation, ("AITI"), UTEK CORPORATION, a Delaware corporation, ("UTEK"),

and GLOTECH INDUSTRIES, INC., a Nevada corporation, ("GTHI").



      WHEREAS,  UTEK  owns  100% of the issued and outstanding  shares  of

common stock of AITI ("AITI Shares"); and



      WHEREAS, before the Closing Date, AITI has acquired the license  for

the fields of use as described in the License Agreement, a part of Exhibit

"A"  attached  to and made a part of this Agreement ("License  Agreement")

and the rights to develop and market a patented and proprietary technology

for the fields of uses specified in the License Agreement ("Technology").



      WHEREAS,  the parties desire to provide for the terms and conditions

upon  which  AITI will be acquired by GTHI in a, stock-for-stock  exchange

("Acquisition")  in  accordance with the respective  corporation  laws  of

their  state, upon consummation of which all AITI Shares will be owned  by

GTHI,  and  all  issued and outstanding AITI Shares will be exchanged  for

common stock of GTHI with terms and conditions as set forth more fully  in

this Agreement; and



      WHEREAS,  for federal income tax purposes, it is intended  that  the

Acquisition qualifies within the meaning of Section 368 (a)(1)(B)  of  the

Internal Revenue Code of 1986, as amended ("Code").



      NOW, THEREFORE, in consideration of the premises and for other  good

and valuable consideration, the receipt, adequacy and sufficiency of which

are by this Agreement acknowledged, the parties agree as follows:



<PAGE>





                                 ARTICLE 1

                      THE STOCK-FOR-STOCK ACQUISITION



     1.01 The Acquisition



       (a)  Acquisition Agreement.  Subject to the terms and conditions of

  this  Agreement,  at  the  Effective Date, as defined  below,  all  AITI

  Shares  shall  be  acquired from UTEK by GTHI  in  accordance  with  the

  respective  corporation laws of their state and the provisions  of  this

  Agreement  and the separate corporate existence of AITI,  as  a  wholly-

  owned subsidiary of GTHI, shall continue after the closing.



      (b)    Effective  Date.  The  Acquisition  shall   become  effective

("Effective Date") upon the execution of this Agreement and closing of the

transaction.



      1.02  Exchange  of Stock. At the Effective Date, by  virtue  of  the

Acquisition:



     All  of  the  AITI  Shares  that are issued and  outstanding  at  the

     Effective  Date shall be exchanged for 1,000,000 unregistered  shares

     of  common stock of GTHI ("GTHI Shares"), which by agreement  of  the

     shareholders of AITI shall be issued as follows:



     Shareholder                          Number of  GTHI Shares



     UTEK Corporation                            1,000,000







      1.03 Effect of Acquisition.



      (a)   Rights  in  AITI Cease. At and after the Effective  Date,  the

holder of each certificate of common stock of AITI shall cease to have any

rights as a shareholder of AITI.



      (b)   Closure  of AITI Shares Records. From and after the  Effective

Date, the stock transfer books of AITI shall be closed, and there shall be

no further registration of stock transfers on the records of AITI.



      1.04 Closing. Subject to the terms and conditions of this Agreement,

the  Closing of the Acquisition shall take place on or before  June  25th,

2003 ("Closing Date") unless extended by mutual consent of the parties  in

writing.



                                 ARTICLE 2

                      REPRESENTATIONS AND WARRANTIES



      2.01 Representations and Warranties of UTEK and AITI.  UTEK and AITI

represent and warrant to GTHI that the facts set forth below are true  and

correct:



      (a)   Organization. AITI and UTEK are corporations  duly  organized,

validly  existing and in good standing under the laws of their  respective

states  of  incorporation, and they have the requisite power and authority

to  conduct their business and consummate the transactions contemplated by

this  Agreement.  True, correct and complete copies  of  the  articles  of



<PAGE>



incorporation, bylaws and all corporate minutes of AITI have been provided

to  GTHI  and  such documents are presently in effect and  have  not  been

amended or modified.



      (b)   Authorization.  The  execution   of  this  Agreement  and  the

consummation of the Acquisition and the other transactions contemplated by

this  Agreement  have been duly authorized by the board of  directors  and

shareholders  of  AITI  and  the board of  directors  of  UTEK;  no  other

corporate  action  by  the respective parties is  necessary  in  order  to

execute,  deliver,  consummate  and perform their  respective  obligations

hereunder;  and  AITI  and  UTEK have all requisite  corporate  and  other

authority  to  execute  and  deliver this  Agreement  and  consummate  the

transactions contemplated by this Agreement.



      (c)        Capitalization.    The   authorized   capital   of   AITI

consists  of 1,000,000 shares of common stock with a par value  $1.00  per

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