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For
Immediate Release:
APIC CORPORATION AND UALBANY NANOCOLLEGE LAUNCH $10M PARTNERSHIP TO DEVELOP
AND COMMERCIALIZE INNOVATIVE ‘GREEN’ COMPUTER CHIP TECHNOLOGY
Collaboration will integrate optics and electronics and result in the creation of 20 high-tech jobs
Albany, NY –
APIC Corporation, a Los Angeles, CA-based pioneer of photonics technology
integrated with electronics, and the College of Nanoscale Science and
Engineering (CNSE) of the University at Albany today announced that they have
formed a $10 million partnership for joint development and commercialization of
innovative “green” technology to enable faster computer chips that use
significantly less power.
The
collaboration, which integrates APIC’s expertise in photonics systems and
devices with CNSE’s world-class nanoelectronics resources, will result in
creation of at least 20 high-tech jobs over the next 18 months, the majority at
CNSE’s Albany NanoTech Complex.
The APIC-CNSE
partnership targets development and delivery of a new generation of modules and
systems that utilize photonic integrated circuits (PIC), which combine optical
communications with silicon-based CMOS technologies. As ongoing scaling
continues to shrink the bandwidth of metal wiring used to connect CMOS
circuits, severely limiting speed and functionality for advanced processors and
multi-core systems, optical communication – which uses light to transmit
information – is seen as a serious contender to break this communications
bottleneck.
These PIC
systems will be particularly useful in addressing the 21st century
explosion in bandwidth and computing power needs – including advanced data
centers, cutting-edge medical research, secure financial transactions and
next-generation gaming capabilities – increasing speed by up to 60 percent,
while reducing power consumption by as much as 90 percent.
New York State Assembly Speaker Sheldon Silver
said, “The agreement reached by the APIC Corporation and UAlbany's College of
Nanoscale Science and Engineering is great news for the Capital Region and
further attests to the effectiveness of our public/private economic development
model. This is how we will create jobs, spin-off business opportunities,
spur technological advancement, and rebuild our state economy in this new
millennium. I commend the APIC Corporation for its wise decision and I am
confident that with the leadership of Dr. Alain Kaloyeros, Albany Nano will
remain 'the place to be' for cutting-edge nanotech R&D and
commercialization.”
Dr. Raj Dutt,
Chairman of the Board and CEO of APIC Corporation, said, “APIC Corporation and
its commercial arm PhotonIC Corp. is very excited about our partnership with
the College of Nanoscale Science and Engineering, a world-class education,
research, development and technology resource. Combining the unparalleled
capabilities of CNSE with APIC’s leading-edge photonics technology will enable
advanced photonics integration with electronics and accelerate its introduction
into the commercial marketplace. Budgeted at $10 million over the next 18
months, this joint program will expand both CNSE’s and APIC’s technical
workforce in Albany, NY and Culver City, CA, and pave the way for further
collaboration in the future.”
CNSE Senior
Vice President and Chief Executive Officer Dr. Alain E. Kaloyeros said, “The
UAlbany NanoCollege is delighted to launch this partnership with APIC
Corporation, which further builds on the vision, support and investment of
Speaker Sheldon Silver and the New York State Assembly in establishing the
NanoCollege and New York State as global hubs for nanotechnology innovation,
education, and economic development and growth. This collaboration will enable
APIC, a recognized leader in next-generation photonics technologies, to break
new ground in the development of innovative photonics integrated circuits, and
put CNSE at the leading edge of systems and interconnect research, development
and commercialization, while enhancing the state-of-the-art capabilities at
CNSE’s Albany NanoTech Complex.”
The
partnership between APIC and CNSE also includes the potential for further
R&D initiatives in the future, which may involve the location of additional
APIC employees at CNSE’s Albany NanoTech Complex.
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About APIC. APIC Corporation is headquartered at 5800
Uplander Way, Culver City, CA 90230. Tel: (310) 642-7975 ext. 125 with
offices in Washington D.C.; Boston, MA; Palo Alto, CA; Melbourne, FL, Albany,
NY and advanced Photonics laboratory facilities in Honolulu, HI. APIC
Corporation is a world leader and supplier to the US Military in the development
of photonic integrated circuits (PIC).
About CNSE. The UAlbany CNSE is the first college in the world
dedicated to education, research, development, and deployment in the emerging
disciplines of nanoscience, nanoengineering, nanobioscience, and nanoeconomics.
CNSE’s Albany NanoTech Complex is the most advanced research enterprise of its
kind at any university in the world. With over $7 billion in high-tech
investments, the 800,000-square-foot complex attracts corporate partners from
around the world and offers students a one-of-a-kind academic experience. The
UAlbany NanoCollege houses the only fully-integrated, 300mm wafer, computer
chip pilot prototyping and demonstration line within 80,000 square feet of
Class 1 capable cleanrooms. More than 2,500 scientists, researchers, engineers,
students, and faculty work on site, from companies including IBM,
GlobalFoundries, SEMATECH, Toshiba, Samsung, Applied Materials, Tokyo Electron,
ASML, Novellus Systems, Vistec Lithography and Atotech. An expansion now underway
is projected to increase the size of CNSE’s Albany NanoTech Complex to over
1,250,000 square feet of next-generation infrastructure housing over 135,000
square feet of Class 1 capable cleanrooms and more than 3,750 scientists,
researchers and engineers from CNSE and global corporations. For information,
visit www.cnse.albany.edu.
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# # #
Media Contact:
Steve Janack, CNSE Vice President for Marketing
and Communications
(phone) 518-956-7322
(cell) 518-312-5009
(e-mail) sjanack@uamail.albany.edu
Stuart Rowlands Public Relations
Tel: 323 850-1088
Fax: 323 850-8219
Cell: 323 595-9969
SKYPE: Stuart.Rowlands1
Email: srowlands@sbcglobal.net
www.stuartrowlandspr.com |
