ZettaCore Named 2005 Technology Pioneer by World Economic Forum

Dec 06, 2004, 00:00 ET from ZettaCore, Inc.

    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
     "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.
     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 .
     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.