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MAGLEV, INC. OF PITTSBURGH TO BE FEATURED IN OPENING SESSION OF INTERNATIONAL HIGH SPEED RAIL CONFERENCE

 MAGLEV, INC. OF PITTSBURGH TO BE FEATURED IN OPENING SESSION
 OF INTERNATIONAL HIGH SPEED RAIL CONFERENCE
 PITTSBURGH, May 15 /PRNewswire/ -- MAGLEV, Inc., the unique public, private, labor and university consortium of Pittsburgh, has been chosen to be featured during the upcoming International High Speed Rail/Maglev Conference, it was announced today.
 The conference is in the David L. Lawrence Convention Center (South Meeting Rooms 2 & 4) and is set to begin Monday, May 18, at 8 a.m. Speaking on behalf of MAGLEV, Inc. at its 8-9 a.m. session are representatives of the various components that have joined together in the hope of developing the 310 mph magnetically levitated ground transportation system in Pittsburgh.
 John Kapala, executive vice president and chief operating officer of MAGLEV, Inc., will host the segment and introduce the other panelists representing MAGLEV, Inc. These include: James C. Roddey, chairman of MAGLEV, Inc.; United Steelworkers of America International President, Lynn R. Williams; Dr. Richard A. Uher, Carnegie Mellon University; and state Sen. Mike Fisher (R-Allegheny), majority whip and co-chairman of the Maglev Caucus of the Senate of the Commonwealth of Pennsylvania. Each of these distinguished panelists will comment on the project from their particular perspective as representatives of the various components of the consortium.
 Delegates involved or interested in high speed rail and Maglev from various countries and the United States will attend the three-day conference. Reports updating the current status of the various technologies, projects, legislative initiatives, and financing opportunities will also be a part of this year's conference.
 MAGLEV, Inc. is the driving force behind one of the leading projects in the United States to develop this new technology. There is a spirited race to become the center of development of this technology in the United States. At stake is a potential $211 billion market over the next 25-30 years.
 The region that first develops the industrial capability and knowledge to design and build these systems will be in a good position to capture this new market and job potential. Estimates range from 70,000 to 100,000 new jobs can be created in the manufacturing of systems, subsystems, construction, operations and maintenance.
 Pennsylvania is particularly well-qualified to capture this market. It was one of the first states to mount a serious investigation of high speed ground transportation to solve the expected future transportation problems facing our nation. In fact, the four-year study undertaken by its High Speed Rail Commission in the early 80s was completed long before interest arose on a national level. The study's conclusions pointed to the same solution that MAGLEV, Inc. now recommends. It pointed to Maglev because magnetically levitated transportation promises a wide range of advantages. It's fast, safe, quiet, comfortable, energy-efficient, cost-effective, and it's environmentally friendly.
 The governor of the commonwealth, Robert P. Casey, indicated during his 1992 "State of the Commonwealth" address that Pennsylvania stands ready to do its part to provide leadership and the resources necessary to join with the federal government and MAGLEV, Inc. in jointly developing a new industry for the nation and making Pittsburgh the "Maglev Capitol" of the United States. An industry that will immediately produce jobs, rehabilitate its infrastructure and provide a transportation system second to none in the world.
 Pittsburgh is an ideal area to center the new technology because although it's still a major producer of the metals and industrial equipment, the glass and chemicals and electronics it's famous for, Pittsburgh has now become the nation's foremost medical center, as well as a growing research center, and a mecca for some of the most advanced developers of software, robotics and artificial intelligence in the country (necessary components of this developing industry). In fact, it's breaking new ground in new fields every day.
 What the region also retains is the tradition of hard work and fair play that made it the birthplace of America's labor movement, and the tradition of coming together as a community in the kind of public/private partnerships that lifted this "Renaissance City" out of the smoke of the industrial age, and recreated it as a clean, new, high-tech workshop for the 21st century.
 All of these traditions have helped prepare it to take on one of the most important challenges facing America today: the future of transportation. In order to remain competitive in the global market, America must rebuild its infrastructure, and modern high speed transportation such as Maglev is the key.
 Pittsburgh has all the resources necessary to create and sustain this demanding new industry. It has the research centers to pioneer the technology, the engineering expertise to develop it for practical application and the manufacturing base to put it into full production. It also has the skilled labor necessary to make Maglev not only a successful technology, but a successful industry for the region and the nation. Its geographic location is ideal. It serves as the major city linking the eastern seaboard with the Midwest and is centrally located to 90 percent of the population that needs Maglev service. It even has the transportation expertise to pioneer a whole new generation of transportation. Although many people don't realize it, Pittsburgh is the home of the companies that have created many of the most important breakthroughs in transportation history -- advances like the airbrake, electric transit propulsion, and modern automated transit itself -- as well as the most reliable applications of these technologies all over the world.
 But perhaps even more important, Pittsburgh has also created a public/private partnership with a unique labor component -- the kind of partnership necessary to make this major undertaking a success. This consortium, known as MAGLEV, Incorporated, represents a whole new level of cooperative effort.
 That is the message that will be delivered to this conference.
 -0- 5/15/92
 /CONTACT: John Kapala or Jay Weinberg of MAGLEV, Inc., 412-268-6586/ CO: MAGLEV, Inc. ST: Pennsylvania IN: TRN SU:


CD-KA -- PG009 -- 0886 05/15/92 15:46 EDT
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Date:May 15, 1992
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