Accelrys Launches Nanotechnology Consortium; Consortium Brings Together Industry, Scientists and Academia to Spur Nanotechnology Innovation.SAN DIEGO San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. -- Enabling companies to bring nano-products to market more quickly and with reduced risk, Accelrys, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ACCL ACCL American Canadian Caribbean Line ACCL Acceleration ACCL American College of Construction Lawyers ACCL Accreditation Council for Clinical Lipidology (Allied Health Certification Program) ACCL Amway China Co Limited ), a leader in computer-aided nanodesign (CAN), today announced the launch of the Accelrys Nanotechnology Consortium. The goal of the Nanotech Consortium is to accelerate the development of software tools that enable the design of nanomaterials and nanodevices. Additionally, the Consortium will enhance nanotechnology R&D by fostering collaboration between scientists and engineers, two traditionally disparate groups within organizations. The Consortium provides a project framework and a detailed scientific proposal that addresses the challenges of rational nanomaterials and nanodevice design. Members of the Nanotechnology Consortium include industrial researchers, academic experts, and Accelrys scientists, who are focused on developing, validating, and applying simulation to a particular research area. Members receive software, the right to provide formal input into Accelrys product plans, access to regular meetings at which experiences and ideas are shared, and dedicated application support. The Consortium also offers early access to cutting edge technology. The consortium kicks off with a who's who Who’s Who biographical dictionary of notable living people. [Am. Hist.: Hart, 922] See : Fame list of members, partners and advisors. Charter members include Corning Incorporated Corning Incorporated NYSE: GLW is an American manufacturer of glass, ceramics and related materials, primarily for industrial and scientific applications. The company was known until 1989 as Corning Glass Works. , Fujitsu, e2v Technologies, Imperial College, London, and Uppsala University, Sweden. "Close partnership and collaboration with industry is essential for Accelrys to develop software and services that help solve critical research problems," said Mark J. Emkjer, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Accelrys. "This latest initiative is an extension of the successful Accelrys Consortium model, which has in the past delivered important advancements in areas such as catalysis catalysis Modification (usually acceleration) of a chemical reaction rate by addition of a catalyst, which combines with the reactants but is ultimately regenerated so that its amount remains unchanged and the chemical equilibrium of the conditions of the reaction is not and combinatorial chemistry." "Consortiums bring industries together and provide the opportunity to drive solutions into the market," said David Morris, VP of Research & Development at Corning Inc. "We are excited about both the potential increase in the efficiency and effectiveness of our own R&D efforts, as well as the opportunity to fulfill the promise of enhanced rational design software tools." The Consortium is an ongoing program, organized into phases of three years. The first phase runs from July 1, 2004 to August 31, 2007. The first Nanotechnology Consortium Meeting was held October 3-6, at the New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of Athletic Club on Central Park, Manhattan. It provided an opportunity for over 20 companies and institutions to learn more about the application of modeling in leading-edge industrial R&D, discuss the requirements for next-generation software tools with other experts, listen to world-leading academics talk about their work in extending the scale, precision, and functionality of molecular simulations and learn in detail about how the Consortium will translate these cutting-edge developments into software tools. About Accelrys Accelrys, Inc. (NASDAQ:ACCL) is a leading provider of software for computation, simulation, and the management and mining of scientific data used by biologists, chemists and materials scientists, including nanotechnology researchers for product design as well as drug discovery and development. Accelrys technology and services are designed to meet the needs of today's leading research organizations. The company is headquartered in San Diego, California “San Diego” redirects here. For other uses, see San Diego (disambiguation). San Diego is a coastal Southern California city located in the southwestern corner of the continental United States. As of 2006, the city has a population of 1,256,951. . For more information about Accelrys, visit its website at http://www.accelrys.com/. This press release contains forward-looking statements for purposes of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 (the "Act"). When used anywhere in this document, the words "expects," "believes," "anticipates," "estimates," and similar expressions are intended to identify forward-looking statements. Examples of such forward-looking statements herein include statements regarding the future success of the Nanotechnology Consortium. Accelrys has based these forward-looking statements on its current expectations about future events. Such statements are subject to risks and uncertainties including, but not limited to, the successful implementation of Accelrys' strategic plans, the acceptance of new products, the obsolescence ob·so·les·cent adj. 1. Being in the process of passing out of use or usefulness; becoming obsolete. 2. Biology Gradually disappearing; imperfectly or only slightly developed. of existing products, the resolution of existing and potential future patent issues, additional competition, changes in economic conditions, and other risks and uncertainties described in documents Accelrys has filed with the Securities and Exchange Commission, including its most recent report on Form 10-Q Form 10-Q See 10-Q. . All forward-looking statements in this document are qualified entirely by the cautionary statements included in this document and such filings. These risks and uncertainties could cause actual results to differ materially from results expressed or implied by forward-looking statements contained in this document. These forward-looking statements speak only as of the date of this document. Accelrys claims the protection of the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. for forward-looking statements contained in the Act and, disclaims any intent or obligation to publicly update or revise any forward-looking statements contained herein to reflect any change in its expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based. |
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