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INTERMAGNETICS GENERAL AND THE ARGONNE NATIONAL LABORATORY ESTABLISH JOINT R&D PROGRAM ON HIGH TEMPERATURE SUPERCONDUCTORS

 INTERMAGNETICS GENERAL AND THE ARGONNE NATIONAL LABORATORY ESTABLISH
 JOINT R&D PROGRAM ON HIGH TEMPERATURE SUPERCONDUCTORS
 GUILDERLAND, N.Y., April 20 /PRNewswire/ -- Intermagnetics General Corporation (NASDAQ: INMA) announced today that it has entered into a joint research agreement with the U.S. Department of Energy's (DOE) Argonne National Laboratory (Argonne) to develop and commercialize viable high temperature superconducting wire products.
 The two-year, $2 million project is funded jointly by IGC and DOE's Office of Advanced Utility Concepts. DOE will provide $1 million to support work at Argonne and $500,000 to support work at IGC, which will contribute $500,000 of its own internal R&D fundings.
 Intermagnetics General (IGC) has worked with DOE for several years on research and development programs to improve the technical characteristics and cost effectiveness of Low Temperature Superconductors (LTS) and is now the major commercial source of LTS superconductors in the U.S. IGC has also successfully conducted extensive research and development on the newer High Temperature Superconductors (HTS), including design and production. In this collaborative agreement, IGC is teamed with Argonne, who has been a leader in development of high quality HTS superconducting powders and has the nation's largest publicly funded HTS superconductivity research program.
 The goal of this collaboration is to maximize the flow of electrical current densities in HTS wires produced by a commercially viable process, utilizing a bismuth based "2223" superconductor powder processed within silver tubes. Recent tests of newly fabricated IGC wires/tape at the Massachusetts Institute of Technology (MIT) on an IGC sample HTS tape showed the highest current density recorded for HTS wires to date in the U.S.
 "This project joins the Government's largest superconductivity research program, with the private sector's largest producer of superconducting wire and cable," said Alan Schriesheim, Argonne's director and chief executive officer.
 According to James Daley, a program manager in DOE's division of Advanced Utility Concepts, "The partnership between IGC and Argonne is an example of our intent to promote effective collaboration between U.S. industry and our National Laboratories which speeds the movement of high temperature superconductivity into commercial use. The potential is great for advanced electric power products which will improve performance and serve a large international market."
 Carl H. Rosner, president of IGC, added "Our participation in this project reflects our long held belief that joint efforts of this kind will speed the day when HTS wires can become commercially available on a larger scale. IGC's production facilities presently being used to manufacture LTS wires are particularly critical to the success of this effort, since they allow manufacturing process skills to proceed in conjunction with the development of HTS wire production. The eventual applications for commercially viable HTS wires are many, due to the economies promised by use of these products; the market for HTS wires has been estimated at several billion dollars annually. Not only should this market provide jobs for thousands of our citizens in a number of industries, especially in the electrical, electronics and medical equipment companies, but it is also expected that considerable benefits to the environment and quality of life will be realized."
 Intermagnetics General, as a leading manufacturer of superconducting magnets, wire and associated ultra-low temperature refrigeration equipment, the combination of which is especially useful in medical diagnostic imaging (MRI) systems, is dedicated to the development and commercialization of applied superconducting systems. The company also produces permanent magnet systems and materials separation devices.
 With more than 200 different research programs in basic and applied science, Argonne is the largest federally funded scientific laboratory in the Midwest. Argonne National Laboratory is operated by the University of Chicago for the U.S. Department of Energy.
 -0- 4/20/92
 /CONTACT: Carl H. Rosner, president of Intermagnetics General, 518-456-5456/
 (INMA) CO: Intermagnetics General Corporation ST: New York IN: SU:


SM-OS -- NY027 -- 9973 04/20/92 10:57 EDT
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Date:Apr 20, 1992
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