Wishing You Merry Christmas and a Prosperous New Year 2010!

(Espoo, December 22nd, 2009)

This Christmas, instead of sending Christmas cards, Spinverse has made a donation to the World Vision association in order to help mitigate the effects of climate change and to improve children’s' living conditions. World Vision is the world’s largest foster child organization. It serves close to 100 million people in nearly 100 countries around the world.

Natural disasters, desertification, drought, shortage of water, deforestation and extreme weather conditions have influenced the lives of millions of people. Technologies can be used to improve the supply of water, to construct intelligent energy efficient buildings and cars, and to develop infrastructure sustainably.

Clean water

World Vision
Spinverse



Spinverse manages the DEMAPP program of the Fimecc SHOK

(Espoo, November 25th, 2009)

Spinverse started managing the Demanding Applications program (DEMAPP) of Fimecc Ltd in August 2009. The program is set for 5 years and it is worth 32 M€.

DEMAPP is one of the six programmes that Fimecc Ltd has started in 2009. Fimecc is the Finnish Metals and Engineering Cluster, one of Finland’s five new Strategic Centers of Excellence for science, technology and innovation (SHOKs).

DEMAPP aims to create profound understanding of wear mechanisms in applications for process and energy industry and to develop novel breakthrough materials with improved performance in extreme conditions. The program participants consist of several companies in the metals and engineering industry, their supplier and customer companies as well was the best research organizations in the field.

DEMAPP complements Spinverse’s program management portfolio having clear synergy with e.g. the Tekes Functional Materials Programme which Spinverse coordinates. Spinverse brings added value to SHOK program management with our effective, result-oriented, multi-skilled team and broad cross-industrial networks.

DEMAPP Program management team

Markku Heino
Laura Kauhanen
Anneli Ojapalo


Nanotech Europe speeds commercialisation of nanotechnology

(Berlin, September 28th, 2009)

Spinverse and an extensive partner consortium have assembled Europe’s largest annual nanotechnology event, Nanotech Europe, to drive the commercial development of nanotechnology. The event, which starts today and continues until September 30th, is estimated to attract at least 700 participants from 50 countries, as well as 64 companies in the sold-out exhibition.

Nanotech Europe brings together entrepreneurial start-ups and innovative corporations, world-class science, and representatives from government and funding bodies to advance the development of nanotechnology. The event addresses critical success factors for nanotechnology; dialogue between organisations and across industry boundaries, directing public and private sector investment to support innovation, and management of complex industry needs.

The event covers a wide range of nanotechnology research and development, including technologies for cancer detection and treatment, high-efficiency solar cells, water purification, high density data storage, novel electronic and photonic devices, and many other life-improving innovations. The plenary on Monday featured a Nobel Prize winner in physics Professor Peter Grünberg, who (along with Albert Fert) discovered giant magnetoresistance which makes possible much of our current data storage technology and interesting overview from Daimler on how to apply nanotechnology in car manufacturing.

Nanotech Europe also features firms in a wide range of industrial sectors discussing their needs from nanotechnology; Nokia, Shell, Daimler, Thales, Fiat, Bayer and many others will talk about their activities and how they see nanotechnology affecting their industry.

The Nanotech Europe Executive Forum, in partnership with Lux Research, will cover best practices in technology scouting, key strategies for open innovation, and why open innovation is so relevant in nanotechnology. The forum features contributions from Oerlikon, Procter & Gamble, Merck, DSM, Dow, Good Energies, Solvay, Kuraray, Nanogate, Elmarco, Dow Chemical and the European Commission.

Funding drivers in nanotechnology from public and private sources will also be addressed when independent and corporate VCs reveal what they are looking for when they review start-ups in nanotechnology. Public funding leaders from the European Commission, Russia, China, France, Singapore, Finland, Germany and the UK will also reveal how they are supporting nanotechnology commercialisation.

The lead organiser of Nanotech Europe is Spinverse, an emerging technology commercialisation company with activities in programme coordination, new business creation and contacts. The event is organised by a comprehensive consortium of partners, including Agent-D, the coordination group of the Centers of Competence of Nanotechnology in Germany in cooperation with the Federal Ministry of Education and Research (Germany) and several international partners.

For more information, visit www.nanotech.net

Contacts:

Maria Sipilä
Event Director, Spinverse
Tel: +358 45 125 9809
maria.sipila@spinverse.com

Tom Crawley
Event Coordinator, Spinverse
Tel.: +358 50 463 7149
tom.crawley@spinverse.com

Professor Dieter Bimberg
Scientific Committee Chair, TU Berlin
Tel. +49 30 314 22082
bimberg@physik.tu-berlin.de

Top Speakers at Europe’s Largest Annual Nanotechnology Conference: Nanotech Europe 2009

(Helsinki, July 3th, 2009)

Europe's largest annual nanotechnology conference and exhibition, Nanotech Europe takes place in Berlin, Germany’s capital city at the heart of Europe. In its fifth year, Nanotech Europe will be held on 28 - 30 September 2009.

Nanotech Europe offers a broad, interdisciplinary overview of nanotechnology, and the opportunity to meet and discuss with the field’s top scientists and leading international companies in the nanotechnology community. The conference has a broad scope, covering leading-edge research, industrial applications and cross-cutting topics including: Nanophotonics, Materials, Health & Bio, Safety, Energy, Instrumentation, Functional Surfaces and Investment.

The published conference programme includes many high-quality speakers such as:Herbert Kohler, Vice President Vehicle and Powertrain, Daimler AG (Germany); Christos Tokamanis, Head of Unit "Nano and converging Sciences and Technologies”, DG Research, European Commission; Alexander von Preysing, Senior Vice President, Deutsche Börse AG (Germany); Andreas Jordan, Chief Scientific Officer, MagForce Nanotechnologies AG (Germany); Tapani Ryhänen, Head of Strategic Research, Nokia Research Center (Finland); Wang Chen, Director, National Center for Nanoscience and Technology (China); Jeffrey A. Hubbell, Professor, Ecole Polytechnique Fédérale de Lausanne (Switzerland); Emmanuel Desurvire, Director, Thales Research & Technology (France); Masakazu Aono, Director General, International Center for Materials Nanoarchitectonics (Japan); Andre Moreira, Investment Manager, BASF Venture Capital (Germany).

”We are delighted to have top scientists from several organizations around the world and leaders from international organizations such as Nokia, Shell, Daimler, Carl Zeiss, BASF, Bayer and Magforce speak about opportunities in nanotechnology”, comments Maria Sipilä, Event Director from Spinverse.

During the event the Nanotech Europe 2009 Matchmaking will take place on two conference afternoons. The matchmaking service is intended to help companies, research groups and other organisations to find partners for technology development and commercialisation, collaborative research projects and investment and other support.

Furthermore, the conference includes the Lux Research Executive Forum, which focuses on Lux Research’s updated forecasts for nanomaterials, intermediates, and nano-enabled products, key nano-enabled product categories decimated by the recession - and those that remain unscathed. Also the new success strategies that incorporate the downturn’s repercussions will be discussed. It is organised in partnership with Lux Research.

The programme also includes the European Technology Platform for Micro- and NanoManufacturing (MINAM) Nanofutures workshop.

The Nanotech Europe 2009 exhibition offers an outstanding opportunity to meet the leading international companies, innovative SMEs and research centers that are developing and applying nanotechnology.

The 2009 event is organised by a comprehensive consortium of partners, including Agent-D, the coordination group of the Centers of Competence of Nanotechnology in Germany, Nokia and BioBay, China. It is co-organised with Technische Universität Berlin (TU Berlin) in cooperation with the Federal Ministry of Education and Research (Germany). The lead organizer of Nanotech Europe is Spinverse, a company specialized in emerging technology commercialization.

For more information, visit www.nanotech.net

Contacts:

Maria Sipilä
Event Director, Spinverse
Tel: +358 45 125 9809
maria.sipila@spinverse.com

Tom Crawley
Event coordinator, Spinverse
Tel.: +358 50 463 7149
tom.crawley@spinverse.com

Professor Dieter Bimberg
Scientific Committee Chair, TU Berlin
Tel. +49 30 314 22082
bimberg@physik.tu-berlin.de

Invest Tech Finland 2009 is the largest technology venture capital event in Finnish history!

(Helsinki, May 28th, 2009)

It brings together the very best Finnish technology companies from pre-seed to growth stages, leading technology-focused venture capital and angel investors, public funding organizations, policy-makers and leading academic thinkers.

The two day event takes place 9 -10 June 2009 in Espoo, Finland. The event covers the latest topics behind the market, including technology venture capital market trends, the effects of the financial crisis on the market, open innovation as a driver for future and government role in venture funding and incubation.

The event is organized by comprehensive amount of partners including Ministry of Employment and the Economy, Tekes, Veraventure, Foundation for Finnish Inventions, Greater Helsinki Promotion, Otaniemi Marketing, Industry Investment and Technopolis, as marketing partner as well as Co-organisers Finnish Venture Capital Association, Venture Cup and Aalto University. Lead organizer of the event is Spinverse, a company specialized in emerging technology commercialization.

“Difficult economic situation hasn’t stopped innovation and the need for investments is now stronger than ever. In Finland there is a large base for promising technology companies, in addition to already well known ICT and wellbeing sectors, especially in the areas of energy-, environment-, materials- and nanotechnology. The best time for investors to join the growth of these companies is now. Never before have we seen such a wide spectrum of actors around the same table to build success to come after recession”, states Pekka Koponen, CEO from Spinverse.

During Invest Tech Finland, venture cup awards ceremony will take place where Minister of Economic Affairs Mauri Pekkarinen will hand out the award.

Conference speakers and panelists include Risto Siilasmaa, F-Secure; Mikko Alkio, Ministry of Employment and the Economy; Jouni Hakala, Industry Investment; Petri Laine, Veraventure; Juha Jutila, Foundation for Finnish Inventions; Kaj-Erik Relander, Accel Partners, UK; Paul Murray, DFJ Espirit, UK; Kimmo Jyllilä, Eqvitec; Sven Lingjearde, Endeavour Vision, Switzerland; Artturi Tarjanne, Nexit Ventures; Vesa Sadeharju, VNT Management; Timo Ritakallio, Ilmarinen; Monty Widenius, MySQL; Marko Ahtisaari, Dopplr and many more!

The event also features many domestic and international investors and a large number of angel investors. Matchmaking service is arranged for investors, selected companies and media to meet.

Over 50 of the best technology companies of Finland will present their latest innovations to interested investors, including: BaseN, BioCis Pharma, Canatu, Efecte, Enfucell, Kuneri, MetGen, Optoinspection, Picodeon, Powerkiss, Scred, Senseg, Sensinode, ZenRobotics, Zipipop, Zokem and many more.

For more information on Invest Tech Finland 2009 and the updated programme, visit www.invest-tech.net www.invest-tech.net

More information on Spinverse, visit: www.spinverse.com www.spinverse.com

Contacts:

Pekka Koponen
CEO, Spinverse
Tel: +358 40 545 0008
pekka.koponen@spinverse.com

Maria Sipilä
Corporate Communications, Event Director, Spinverse
Tel: +358 45 125 9809
maria.sipila@spinverse.com

Spinverse continues its strong growth and restructures its organization into three business service areas

(Helsinki, February 24th, 2009)

M.Sc. (Tech), MBA, Senior Consultant Anneli Ojapalo has been appointed to Spinverse management team and lead the Programme Coordination business area. Programme coordination consists of several Tekes public programmes worth over 600 M euros.

M.Sc. (Econ.), Senior Consultant Maria Sipilä has been appointed to Spinverse management team and lead the Contacts business area. Contacts team hosts a number of top-level technology events and is responsible for Spinverse social media and communications.

M.Sc. (Tech), Senior Consultant Matti Kuusisto has been appointed to Spinverse management team and lead the New Business Creation business area. The New Business Creation team provides consultation services to create new business based on emerging technologies.



D.Sc. (Tech), Markku Heino has been appointed Senior Consultant. Previously he has worked at Nokia Research Center in various materials R&D projects and he has wide experience in practical product development applying new materials in industrial applications. At Spinverse Markku is as a specialist regarding functional materials and nanotechnology.

Europe’s Largest Annual Nanotechnology Event Comes to Berlin in 2009

(Berlin, January 9th, 2009) - Europe's largest annual nanotechnology conference and exhibition, Nanotech Northern Europe moves to Berlin, Germany’s capital city at the heart of Europe becoming Nanotech Europe. In its fifth year, Nanotech Europe will be held on 28 -30 September 2009.

Nanotech Europe offers a broad, interdisciplinary overview of nanotechnology, and the opportunity to meet and discuss with the field’s top scientists and leading international companies in the nanotechnology community.

Previous Nanotech Europe events have included high-quality speakers from both academia and industry, including Janez Potocnik (EU Commissioner for Science and Research), Alan J. Heeger (Nobel Laureate, USA), Tero Ojanperä (CTO, Nokia), Michael Graetzel (Swiss Federal Institute of Technology, Switzerland), Shuji Nakamura (Millennium Technology Prize winner), E. James Prendergast (CTO, DuPont), Paul Alivisatos (Berkeley National Laboratory, USA), Richard M. Russell (Office of Science and Technology Policy in the Executive Office of the President, USA) and Mikhail Kovalchuk (Russian Research Center "Kurchatov Institute", Russia).

The 2009 event is organised by a comprehensive consortium of partners, including Agent-D, the coordination group of the Centers of Competence of Nanotechnology in Germany and co-organised with Technische Universität Berlin (TU Berlin) in cooperation with the Federal Ministry of Education and Research (Germany). The lead organizer of Nanotech Europe is Spinverse, a company specialized in emerging technology commercialization.

“We are excited to host Nanotech Europe 2009 in Germany and we welcome the top speakers in the field to this unique international event” says Professor Dieter Bimberg Chairman of the Board of Agent-D and Executive Director of Institut fuer Festkoerperphysik and Center of NanoPhotonics at Technische Universität Berlin.

The fifth Nanotech Europe has a broad scope, covering leading-edge research, industrial applications and cross-cutting topics including: electronics, energy, healthcare, safety and investment.

The conference will feature work ranging from the latest scientific breakthroughs to industrial uses of nanotechnology, whilst technology transfer sessions will offer opportunities for start-ups and universities to market their technologies. The exhibition will demonstrate developments in nanotechnology-based products, tools and other services.

For more information, visit www.nanotech.net

Contacts:

Maria Sipilä
Event Director, Spinverse
Tel: +358 45 1259809
maria.sipila@spinverse.com

Tom Crawley
Event coordinator, Spinverse
Tel.: +358 50 463 7149
tom.crawley@spinverse.com

Professor Dieter Bimberg
Scientific Committee Chair, TU Berlin
Tel. +49 30 314 22082
bimberg@physik.tu-berlin.de

Spinverse makes a Christmas donation to the UNICEF Education Programme

(Helsinki, December 16th, 2008) - This year, instead of sending Christmas cards, Spinverse Ltd has made a donation to the UNICEF Education Programme. The programme has been chosen to be the recipient of this donation since Spinverse places great importance on learning and equal opportunities for children.

The main objective of the UNICEF programme in India is to ensure that all children complete five years of school and have access to good quality education.

UNICEF work is built around three inter-linked themes: access, quality and equity in basic education. This includes the implementation of a ‘quality package’ in 14,000 schools across 14 states. The package aims to improve the quality of teacher education, curricula, learning assessments and the classroom environment; it advocates gender-sensitive and child-centred processes along with interactive learning to make teaching and learning a motivating experience.

In order to help eliminate gender and social disparities in primary education, UNICEF supports the provision of equal opportunities for disadvantaged children, especially girls, the urban poor, Scheduled Castes and Scheduled Tribes, and working children.

UNICEF also supports alternative learning opportunities, such as bridging courses and residential camps for adolescent girls who are out of school.

Forest Tech Europe 2008 - High-level Conference Brought Together Leaders of Forest Industry to Discuss Revitalizing the Industry

(Helsinki, November 5th, 2008) - Forest sector company CEO's and CTO's gathered in Helsinki November 5-6 to discuss the structural challenges of the industry and promising future technologies that could help in revitalization and shaping of the industry. The conference, arranged by Spinverse, an emerging technology commercialization company, covered a range of topics, including R&D's role in a renewal process, power of innovations, international cooperation and sustainable development through technologies. New developments and cutting edge technologies were covered from the areas of materials, chemicals, energy and bio-refining and nanotechnology.

The opening session on November 5 ended with a fascinating panel discussion of forest sector company CEO's and industry analyst discussing the renewal, from industry challenges to financial aspects.

The conference was supported by UPM, Metso Corporation, Kemira, KCL and Forestcluster Ltd. "We wish to continue our efforts for fruitful cooperation between forest industry corporations, research institutions as well as public funding agencies, that are beneficial for the whole forest cluster," says Christine Hagström-Näsi, Managing Director of Forestcluster Ltd.

Among the contributors at the conference were high-profile speakers such as Jorma Eloranta, CEO, Metso Corporation; Pauli Hänninen, Executive Vice President, UPM; Harri Kerminen, CEO, Kemira; Kaarlo Niskanen, CEO, KCL; G. Ronald Brown, Executive Director, Agenda 2020; Geert Dancet, Executive Director, European Chemicals Agency; Anne Brunila, President, Finnish Forest Industries Federation; Joseph Cleary, Center Director, U.S. Department of Energy; Peter Axegård, Research Director, STFI-Packforsk and the author of "Smart Big Moves", Professor Paul Strebel from IMD Switzerland.

"We are pleased to have created an open environment for sharing ideas and proud to see here vast amount of industry leaders from corporations, research centers and governments who are all committed to the common goal of revitalizing the industry," says Maria Sipilä, Senior Consultant of Spinverse - a Finland based company focused on emerging technology commercialization and the lead organizer of the conference.

For more information on partners and Forest Tech Europe 2008, visit
www.forest-tech.net

For more information contact:
Maria Sipilä
Senior Consultant, Spinverse
Tel. +358 45 125 9809

The leaders of forest industry will meet at Forest Tech Europe 2008, 5-6 November, in Helsinki, Finland

(Helsinki, October 9th, 2008) - Forest Tech Europe 2008 is an international conference on emerging technologies for the forest industry in Europe. Forest Tech Europe recognizes the beneficial use of emerging technologies of the forest cluster and helps international corporations, scientists, policy makers and investors to focus on the future of forest industry.

Forest Tech Europe 2008 will bring together and host top speakers around the world. Key speakers include: Jorma Eloranta, CEO, Metso; Pauli Hänninen, Executive Vice President, UPM; Harri Kerminen, CEO, Kemira; Kaarlo Niskanen, CEO, KCL; Geert Dancet, Executive Director, European Chemicals Agency; Anne Brunila, President, Finnish Forest Industries Federation; Paul Strebel, IMD, Switzerland; Peter Axegård, STFI Packforsk, Sweden; Joseph Cleary, National Renewable Energy Lab, US Department of Energy, USA; Ronald Brown, Agenda 2020 Technology Alliance, USA and many more!

The conference will concentrate on the following themes: Innovations, Sustainable Development, Materials, Chemicals, Energy & Biorefining, Nanotechnology, International cooperation, and Future of Forest Industry.

“We are very delighted to arrange a truly international forest emerging technology conference that aims to vitalize the industry through many promising emerging technologies and strengthen the image of the whole industry”, says Maria Sipilä, Event Director & Senior Consultant, Spinverse.

Event partners are UPM-Kymmene, Metso, Kemira, Forestcluster Ltd and KCL.

The lead organizer of the Forest Tech Europe conference is Spinverse, a Finland based company specialized in emerging technology commercialization.

Press and public are invited to meet the leaders of forest industry at Forest Tech Europe 2008, Helsinki Fair Center, 5-6 November 2008.

For more information on Forest Tech Europe 2008, visit
www.forest-tech.net
Or contact:

Spinverse
Maria Sipilä, Senior Consultant
Tel: +358 45 125 9809, maria.sipila@spinverse.com


High-level conference on nanotechnology in Copenhagen brought together leaders of the world

(Copenhagen, September 23rd, 2008) - Leading researchers and companies gathered in Copenhagen on September 23rd-25th for Europe’s largest annual nanotechnology conference and exhibition to hear about latest research findings, to convey visions for the market impact of nanotechnology and to demonstrate commercial products and tools at the exhibition. The conference covered a range of topics, including energy, health, electronics, food, construction, water, investment and safety.

The event also highlighted the role of public funding agencies in addressing the global challenges of nanotechnology development such as safety and sustainable development. The global nanotechnology debate was co-moderated by Business Week technology correspondent Jennifer L. Schenker and Pekka Koponen, CEO of Spinverse. Panelists included Richard M. Russell, Deputy Director at Office of Science and Technology Policy (OSTP), Executive Office of the President, USA, Christos Tokamanis, Head of the unit ‘Nano and Converging Sciences and Technologies’, European Commission , Kazunobu Tanaka, Fellow at Japan’s National Institute of Advanced Industrial Science and Technology (AIST), Mikhail Kovalchuk, head of the Russian Research Center "Kurchatov Institute”, and from China, Liu Yuwen, general manager of BioBay and vice president of Suzhou Ventures Group.

Among the over 800 participants and contributors at the conference were high-profile speakers such as Stuart Parkin, who leads development of a new type of computer memory at IBM; Tapani Ryhänen, head of strategic research at Nokia, Andre Geim, pioneering the use of a novel material with the potential to revolutionise electronics, Michael Egholm, CTO of 454 Biosciences, who is using nanotechnology to enable rapid gene sequencing, Flemming Besenbacher, Interdisciplinary Nanoscience Center, iNANO, Aarhus University and Thomas Bjørnholm from Nanoscience Center, Copenhagen University and many others.

Nanotech Northern Europe 2008 featured also leading companies including Nokia, Hewlett-Packard, Vestas, Samsung, Fujitsu, Merck, ABB, BASF, Bayer, and Unilever.

“What a conference! We are proud to have gathered so many of the leading researchers and companies working with nanotechnology from all over the world. The knowledge-sharing that is happening here will accelerate development of nanotechnology, and will strengthen the position of Denmark and Europe,” says Pekka Koponen, CEO of Spinverse – the lead organizer of the conference.

Large-scale public sector investment has stimulated the development of nanotechnology over recent years. Governments invested over $6bn in nanotechnology in 2007, and private sector funding has only recently overtaken public-sector investment.

Nanotech Northern Europe, is co-hosted by the Interdisciplinary Nanoscience Center, iNANO, the Nanoscience Center, Copenhagen University, the Technical University of Denmark and Lund University. The lead organiser of the event is Spinverse.

For more information on partners and Nanotech Northern Europe, visit www.nanotech.net

For more information contact:

Conference
Pekka Koponen, CEO, Spinverse
Email: pekka.koponen@spinverse.com
+358 40 545 0008

Information about nanoscience and nanotechnology:
Flemming Besenbacher
Interdisciplinary Nanoscience Center, iNANO, Aarhus University
Email: fbe@inano.dk
+45 8942 3604

Thomas Bjørnholm
Nanoscience Center, Copenhagen University
Email: tb@nano.ku.dk
+45 3532 1835

Media Enquiries:
Corporate Communications
Maria Sipilä, Senior Consultant, Spinverse
Email: maria.sipila@spinverse.com
+358 45 125 9809

Technology Academy Finland           Release 26.8.2008

Spinverse makes share donation to the Millennium Technology Prize

(Helsinki, August 26th, 2008) - The board of Spinverse has decided to make a donation in the form of company shares to the Millennium Technology Prize. The board members of Spinverse, a company which specialises in the commercialisation of emerging technologies, include Matti Packalén, Lars Gädda, Matti Kleimola, and Yrjö Neuvo. The board members have decided to donate their compensation, in the form of Spinverse shares, to support the Millennium Technology Prize. The Prize is part of the Technology Academy Finland Foundation. The donation amounts to 5% of Spinverse’s issued shares.

“The Technology Academy of Finland Foundation is doing exceptional work to solve global challenges and support the development of life-changing technologies. The aims of the Millennium Technology Prize are in line with Spinverse’s work to develop and commercialize breakthrough technologies, and therefore the organisation is a natural target for our donation” says Chairman of the Board of Directors, Matti Packalén.

Spinverse is continuing to experience strong growth and is broadening its service offering to customers across the world. Spinverse’s turnover in the company’s last financial year was about 1 million Euros, and the company is profitable. The company has a revenue target of 2 million Euros for the next financial year. This innovative share donation is well in line with Spinverse’s strategy” adds Managing Director Pekka Koponen.

“The foundation is very grateful for this donation, which serves as confirmation that we are on the correct path. We also value Spinverse’s work on the development and commercialisation of emerging technologies” says Stig Gustavson, chairman of the Technology Academy Finland Foundation.

Additional Information


More information about the Spinverse board is available at www.spinverse.com/board.php.

Contact information:

Pekka Koponen
Managing Director
Spinverse Oy
Tel: +358 40 545 0008
E-mail: pekka.koponen@spinverse.com

Stig Gustavson, Chairman of the Board of the Technology Academy of Finland Foundation
Tel: +358 40 041 1119
E-mail: stig.gustavson@milleniumprize.fi

Spinverse

Spinverse commercialises emerging technologies by combining scientific, industrial and investment expertise with wide contact and knowledge networks. The 16-person firm coordinates Tekes’ nanotechnology, materials technology, fuel cell and mobile services programmes, consults university spin-offs and early stage companies and organises technology conferences. www.spinverse.com
www.nanotech.net

The Millennium Technology Prize

The Millennium Technology Prize is Finland's tribute to life-enhancing technological innovations. The prize has been established to steer the course of technological development to a more humane direction. In particular, the prize seeks to highlight innovations that assist and enrich our everyday lives today as well as in the future.

The prize is awarded every second year. Nominations for the prize can be made by academies, universities, research institutes and industrial organizations. Candidates are sought from across the world and all fields of technology.

The Millennium Technology Prize is the world's biggest technology prize and it is awarded by the Millennium Prize Foundation, an independent fund established by Finnish industry and the Finnish state in partnership.

www.millenniumprize.fi

Millennium Prize winner Professor Robert Langer and Millennium Prize Laureate Dr Andrew Viterbi presented at the Spinverse Millennium Prize Symposium

On the 10th of June, 2008 Spinverse Ltd, a sponsor and a coordinating partner of the Millennium Week arranged in cooperation with Tekes FinNano, Functional Materials and VAMOS Programmes the Millennium Prize Symposium. The key speakers were two Millennium Prize Laureates: Professor Robert Langer, MIT and Dr Andrew Viterbi Presidential Chair Professor, University of Southern California and President, Viterbi Group LLC.

According to the Millennium Prize website “Dr. Langer has been cited as ‘one of history's most prolific inventors in medicine’. He holds 380 patents, has published 680 articles and 13 books, has licensed products to about 80 companies, and is known as the father of controlled drug delivery and tissue engineering. Dr. Robert Langer has discovered and developed many advanced drug delivery systems that have had a significant impact on fighting cancer, heart disease, mental health illnesses and numerous other diseases."

Dr Viterbi has an academic background at the Massachusetts Institute of Technology where he graduated as the Master of Electrical Engineering and at the University of Southern California where he completed his Ph.D. While teaching digital communications and information theory at the UCLA School of Engineering and Applied Science he came up with the Viterbi algorithm, which enables sending digital signals over long distances or otherwise challenging conditions and can be found in portable devices like mobile phones.

In the Symposium Professor Langer gave a fascinating talk on "The invention and development of innovative biomaterials for controlled drug release and other applications". In his talk he described how three of his research ideas had generated seminal papers in top journals, what had become of the invention once patented and how these patents had, with the help of venture investments, generated multimillion dollar companies. Especially interesting was his lively recollection of how rocky the road to his first patent was.

After a short break, the focus turned to telecommunication with Dr Andrew Viterbi giving a talk on “Science, Technology and Business of Digital Communication”. He reviewed the scientific and technological developments behind his innovation and the business applications it made possible. In his opinion digital communication’s (which in large scale is enabled by Viterbi’s work) greatest contribution to humanity is its ability to serve the entire planet and thus “level the playing field”.

In addition to Dr Viterbi’s presentation the seminar featured three top-tier Finnish ICT companies: Envault, Luxdyne and Xtract.

Over 100 people attended the Symposium, including around twenty representatives of the international press visiting Finland during the Millennium Week.

Dr. Langer was announced The Winner of the Millennium Technology Prize, the world’s biggest technology prize, on June 11th at the Finlandia Hall, Helsinki. Other Laureates were Dr. Sir Alec Jeffreys on his invention of DNA fingerprinting in the area of genetics, Professor Emmanuel Desurvire, Dr Randy Giles and Professor David N. Payne on their invention of the erbium-doped fibre amplifier for global high-capacity optical fiber network.

More information about Millennium Technology Prize, please contact Maria Sipilä, Senior Consultant, Spinverse Ltd.

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