State of Texas Ranks Number Five in Annual Small Times Magazine Top 10 Nanotechnology Survey

TNI Continues Its Support of Commercialization and Growth of Texas'

Nanotechnology Industry

Mar 15, 2005, 00:00 ET from Winstead Sechrest & Minick P.C. from ,Texas Nanotechnology Initiative

    AUSTIN, Texas, March 15 /PRNewswire/ --
     What:  Small Times magazine today issued its fourth annual ranking of the
            top 10 micro and nanotechnology states in the United States.  Small
            Times magazine's annual ranking is considered by nanotechnology
            industry leaders to be the benchmark of the industry.  The State of
            Texas was ranked number five on this list.
            Kelly Kordzik, President of the Texas Nanotechnology Initiative
            (TNI) and Chair of the Nanotechnology Practice for Winstead
            Sechrest & Minick P.C., has issued the following statement
            regarding the Small Times ranking:
            "The State of Texas continues to see growth within the
            nanotechnology market and is well positioned to further increase
            its leadership profile in the application of nanotechnology to
            create and improve a vast array of industries and products.  While
            Texas is holding steady in the number five slot, additional
            resources are added year over year to the already abundant talent
            in place, fueling the job market and acting as an economic catalyst
            for the Texas economy.  The State possesses the right assets and
            resources required to enable nanotechnology to become a viable and
            successful industry.  TNI is dedicated to collaborating across the
            state, and leading the charge to ensure nanotechnology continues to
            play a vital role in our state's economy."
            The rankings follow a standard economic model for tracking
            technology development in states by measuring activities in six
            categories:  research, industry, venture capital, innovation,
            workforce and costs.  States get a score in each category.  The
            categories are then weighted and added for a final score.
            Texas retained its number five standing based on additional support
            from the venture capital community, an increase in the number of
            micro and nanotechology companies and significant improvement
            within the workforce standing.
            For more information about the rankings, please go to
            For more information about the Texas Nanotechnology Initiative,
            please go to
     Who:  Kelly Kordzik is considered one of the leading nanotechnology legal
           authorities in the industry.  He is the President of the Texas
           Nanotechnology Initiative (TNI) and Chair of the Nanotechnology
           Practice for the law firm of Winstead Sechrest & Minick P.C.  TNI is
           dedicated to establishing Texas as a world leader in the discovery,
           development and commercialization of nanotechnology.  It is an
           organized consortium of Texas-based universities, industry leaders,
           investors, and government officials in order to allow communication,
           collaboration, and the sharing of resources to accelerate the
           realization of our goal.

SOURCE Winstead Sechrest & Minick P.C.; Texas Nanotechnology Initiative