Accelrys Nanotechnology Consortium Adds Seven Members, Delivers First Computer-Aided Nanodesign Software Solution.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. -- 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 addition of seven new members to the Accelrys Nanotechnology Consortium, as well as the introduction of ONETEP, the first consortium-developed software application. The Consortium brings together leaders from industry, government and academia in order to create software tools that speed up the design of nanomaterials and nanodevices. The new members include: Kyoto University Kyoto University (京都大学 Kyōto daigaku , Millennium Chemicals (A Lyondell Company), R.J. Mears, CSIC (Customer Specific Integrated Circuit) Pronounced "c-sick." Another term for ASIC, which was coined by Motorola. Some feel this is a more accurate description of an ASIC chip. See ASIC. of Spain and PPG Industries. "We recognize the potential value of molecular modeling as a means of reducing the cost of new materials research," commented Bob Daniels, vice president of research and development at Lyondell Chemical Company Lyondell Chemical Company NYSE: LYO is an American multinational corporation based in Houston, Texas. Overview The Lyondell Chemical Company is currently the third largest independent chemical manufacturer in the United States. . "Accelrys has created a collaborative nanotechnology forum where Lyondell's needs for specific modeling capabilities are being satisfied. We will deploy these tools to real-world problems to provide solutions that create a strategic advantage in an increasingly complex and competitive market." "With the launch of the ONETEP software solution, the first deliverable against our target of increased accuracy, capabilities and performance across a broad range of nanoscale applications, the Consortium is well on its way to fulfilling the promise of furthering the rational design of nanomaterials and nanodevices," 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. "With the Consortium's membership continuing to grow, we are well positioned to develop novel technologies that meet the needs of the scientists and engineers who are participating in and building the nanotech industry." The Accelrys Nanotechnology Consortium is now 17 members strong. Current members include Corning Incorporated; Fujitsu; e2v Technologies; Imperial College, London; Uppsala University, Sweden; Johnson Matthey; Schenectady International; Fraunhofer IFAM IFAM Inverted File Access Mechanism ; Fraunhofer IZM IZM (Fraunhofer) Institut für Zuverlaessigkeit und Mikrointegration IZM Izglitibas un zinatnes ministrija (Latvian Ministry of Education and Science) IZM Incredible Zombie Machine and the Japan Advanced Institute of Science and Technology. The Consortium is an ongoing program, organized into phases of three years. The first phase runs from July 1, 2004 to August 31, 2007. ONETEP: the first in a series With ONETEP, the Accelrys Nanotechnology Consortium has delivered its first in a series of applications aimed at helping researchers investigate complex models of nanostructures and devices more quickly and efficiently. ONETEP represents a breakthrough in high-precision calculations to probe the stability and behavior of nanoscale materials such as nanotubes, mixed bio-materials systems, and oxide nanoparticles. In addition to ONETEP, members have received new technology which delivers comprehensive property prediction capabilities for inorganic materials and complex structures pertinent to nanotechnology. 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 and the adoption and success of ONETEP and other products developed as a result of the 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 risk that the consortium will not achieve the intended success, or that any products developed as a result thereof will not be successfully completed or achieve market acceptance, 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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