Andersen Consulting announces $2 million U.S. Dept. of Commerce grant for object technology research.CHICAGO--(BUSINESS WIRE)--Nov. 11, 1994-- Andersen Consulting See Accenture. LLP's Center for Strategic Technology Research (CSTaR) today announced a two million dollar grant for the research and development of object technology by the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. Dept. of Commerce's Advanced Technology Program (ATP ATP: see adenosine triphosphate. ATP in full adenosine triphosphate Organic compound, substrate in many enzyme-catalyzed reactions (see catalysis) in the cells of animals, plants, and microorganisms. ). The grant is part of the Clinton Administration's initiative to team with leading-edge private sector organizations that can best build future technologies for the marketplace that will offer greater economic return and stimulate growth. Andersen Consulting's role is to research and build the first generation of tools designed to support component-based system development and demonstrate the feasibility for opening up and standardizing the software components market. "Andersen Consulting was selected because of its vision and current efforts of building systems from reusable re·use tr.v. re·used, re·us·ing, re·us·es To use again, especially after salvaging or special treatment or processing. re·us components," said Wojtek Kozaczynski, associate partner at Andersen Consulting's CSTaR. "The objectives of this project were very consistent with our research efforts and we look forward to the advances that this grant will allow us to make," he added. The Andersen Consulting project is part of the Commerce Department's five-year $150 million Advanced Technology Program to develop the technologies necessary to enable systematically reusable software components -- small, carefully engineered software elements suitable for automated au·to·mate v. au·to·mat·ed, au·to·mat·ing, au·to·mates v.tr. 1. To convert to automatic operation: automate a factory. 2. assembly in a broad array of applications. Eleven awards were announced in this program for more than $40 million in ATP funding over five years matched by $41 million in private sector funding. ATP provides cost-sharing support to industry to promote promising, but high-risk high-risk adjective Referring to an ↑ risk of suffering from a particular condition Infectious disease Referring to an ↑ risk for exposure to blood-borne pathogens, which occurs with blood bank technicians, dental professionals, dialysis unit , enabling technologies that can form the basis for new and improved products, manufacturing processes and services. These awards are the first made under a new ATP approach of establishing multi-year R&D programs focused on particular technology and business goals that the private sector feels offer the best opportunities for major economic returns. Andersen Consulting is an international management and technology consulting organization whose mission is to help its clients change to be more successful. The organization works with clients from a wide range of industries to integrate their people, processes, strategies and technologies. Andersen Consulting has more than 29,000 people in 150 offices and 46 countries. Editor's Note Editor's Note (foaled in 1993 in Kentucky) is an American thoroughbred Stallion racehorse. He was sired by 1992 U.S. Champion 2 YO Colt Forty Niner, who in turn was a son of Champion sire Mr. Prospector and out of the mare, Beware Of The Cat. Trained by D. : Andersen Consulting is not a division of accounting organization Arthur Andersen For the U.S. Supreme Court case commonly known as Arthur Andersen, see . Arthur Andersen LLP, based in Chicago, was once one of the "Big Five" accounting firms (the other four are PricewaterhouseCoopers, Deloitte Touche Tohmatsu, Ernst & Young and KPMG), performing . CONTACT: Andersen Consulting
Jim Calabrese, 312/507-2058
or
Golin/Harris Communications
Mike Cummins, 312/836-7467
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