Nano Revolution Fires Up Knoxville-Oak Ridge Innovation Valley

May 01, 2006, 01:00 ET from East Tennessee Economic Development Agency

    OAK RIDGE, Tenn., May 1 /PRNewswire/ -- The nanotechnology revolution
 -- affecting everything from car bumpers to drug development -- has a new
 home: the Knoxville-Oak Ridge Innovation Valley. Researchers at Oak Ridge
 National Laboratory (ORNL) have successfully begun producing neutrons at
 the country's largest science project, the Spallation Neutron Source (SNS).
     Combined with world-class computational assets at ORNL, the landmark
 $1.4 billion facility will allow scientists to understand the structure and
 dynamics of material.
     East Tennessee organizations have formed the Innovation Valley Nano
 Alliance,, to accelerate nanotechnology discovery
 and commercialization using the region's unique confluence of resources.
     Nanotechnology already has helped improve airplanes, credit cards,
 drugs, compact discs, windshields, next generation batteries and fuel cells
 and the mapping of oil deposits. When fully operational, the Department of
 Energy installation -- which was designed by six national labs and is
 managed by the University of Tennessee and Battelle partnership -- will
 produce a pulsing neutron stream ten times more intense than any other
 research facility in the world.
     For more information about the Spallation Neutron Source, visit the Oak
 Ridge National Laboratory news site:
     For more information about the Knoxville-Oak Ridge Innovation Valley,
 which recently was voted the hottest mid-sized metro region in the country,

SOURCE East Tennessee Economic Development Agency