Media Alert
April 16, 2001
FOR IMMEDIATE RELEASE
Contact: Megan
E. Michael
(301) 405-8306
University of Maryland
Honors
Cutting-Edge Inventions; Celebrates
Research and Technology Transfer
WHAT: The three
top University of Maryland inventions for 2000 will be announced
by the university's Office of Technology Commercialization at
its 14th Annual Invention of the Year Reception. The three winning
inventions are among more than 100 cutting-edge inventions being
honored at the ceremony. The winners--one each from the areas
of information, life and physical science--are selected by
an independent panel on the basis of creativity, novelty and potential
overall benefit to society.
Past winners that are now achieving commercial success include the
scanning Superconducting Quantum Interference Device (SQUID) microscope
invented in 1992 by associate professor of physics Fred Wellstood.
The scanning SQUID microscope has been further developed and is
being marketed by Neocera, Inc., as a failure-analysis tool for
the semiconductor industry. Last September, the company's MAGMA-C1
scanning SQUID microscope was named one of the year's 100 most
technologically significant new products by R&D Magazine.
Founded by university professor T. "Venky" Venkatesan, Neocera has
been recognized as one of the fastest growing firms in the mid-Atlantic
region and is included in the National Fast 500.
WHO: William W. Destler, University of Maryland's
vice president of research and dean of the Graduate School, will
present plaques and $500 in award money to the inventors of the
top three technologies.
WHY: In the last 14 years, the Office of Technology Commercialization
has managed more than 1000 technologies, secured more than 150 patents
and executed more than 450 license agreements, generating more than
$17 million in technology transfer income to the university. In
addition, 22 high-tech start-up companies have been formed based
on technologies developed at the university.
WHEN: April 24, 2001
4:30 p.m. Reception begins
5:15 p.m. Remarks and awards presentation
WHERE: Club House Banquet Room, University of Maryland
Golf Course, Stadium Drive at University Boulevard (Route 193)
For more
information, contact Megan
E. Michael
at (301) 403-2711 ext. 17.
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Office
of Technology Commercialization
University of Maryland
6200 Baltimore Avenue, Suite 300
Riverdale, Maryland 20737-1054
301-403-2711 tel
d301-403-2717 fax
otc@umd.edu
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