DENVER, Dec. 6 /PRNewswire/ -- ZettaCore, Inc., a developer of molecular memory technology and products for current and next-generation semiconductors, today announced that is has been selected as a Technology Pioneer for 2005 by the World Economic Forum. This distinction is bestowed annually on 30-50 companies across the globe, paying tribute to organizations that are developing and applying the most innovative technologies. The Technology Pioneers program was instituted in 2000. Criteria for selection include innovation, potential impact, growth and sustainability, proof of concept, and leadership. Once selected, Technology Pioneers are engaged with the Forum for a three-year term. During ZettaCore's term, representatives from the company will be invited to contribute to the organization's global initiatives as well as attend WEF meetings and conferences. "We are deeply honored to be considered among the world's most innovative technology companies by the World Economic Forum," said Subodh Toprani, CEO of ZettaCore. "We believe our molecular memory technology will revolutionize the semiconductor industry, and we are pleased to receive this additional vote of confidence from a very respected organization that's committed to improving the state of the world." The World Economic Forum believes the work of the 2005 class of Technology Pioneers, which includes companies in fields such as nanotechnology, drug development, renewable energy and wireless technology, could significantly affect the way business and society operate. "ZettaCore's technology, which uses molecules to store data on semiconductor devices, was selected because of its potential to advance the semiconductor industry, as well as improve the performance of next generation electronics products," explained Sohini Chowdhury, a spokesperson for the World Economic Forum. Past U.S.-based Technology Pioneers include Google and NVIDIA. ABOUT ZETTACORE Founded in 1999, ZettaCore, Inc. is developing molecular memory technologies and products that will improve several generations of semiconductor memory. By engineering the electronic properties of molecules, ZettaCore offers the semiconductor industry a way to accelerate new memory devices that will meet the needs of state-of-the-art consumer electronics products and computing systems. A privately held company, ZettaCore is headquartered in Denver, Colorado. For more information, visit http://www.zettacore.com . ABOUT THE WORLD ECONOMIC FORUM The World Economic Forum (www.weforum.org), based in Geneva, Switzerland, is an independent organization committed to improving the state of the world. Funded by the contributions of 1,000 of the world's foremost corporations, the Forum acts in the spirit of entrepreneurship in the global public interest to further economic growth and social progress. The Forum serves its members and society by creating partnerships between and among business, political, intellectual and other leaders of society to define, discuss and advance key issues on the global agenda. Incorporated in 1971 as a foundation, the World Economic Forum is impartial and not-for-profit, and is tied to no political, partisan or national interests. In 1995 the Forum was awarded NGO consultative status with the Economic and Social Council of the United Nations.
SOURCE ZettaCore, Inc.