Polaroid, other U.S. companies given Federal reasearch grant for advanced optical disc technologies.............
Compatible with DVD, up to 10X the storage capacity needed to store several hours of HDTV video. -------------------
Joint Venture Project in Digital Data Storage Named as Advanced Technology Program Award Recipient
Calimetrics, Energy Conversion Devices and Polaroid Collaborate in $20 Million Project Administered by National Storage Industry Consortium
WASHINGTON, Oct. 8 /PRNewswire/ -- Calimetrics, Inc., Energy Conversion Devices, Inc. (Nasdaq: ENER), and Polaroid Corporation (NYSE: PRD) today announced that they have been named as recipients of a federal government Advanced Technology Program (ATP) award, designated for the development of new optical disc storage technologies. The goal of the research and development program is to deliver up to ten- fold increases in storage capacity and significant increases in the data transfer rate of phase-change, write-once and rewritable, DVD-compatible optical storage technologies. These technologies currently store from 2.6 Gigabytes (GB) to 3.9 GB of data, the equivalent of 1800 to more than 2700 computer floppy disks, on a single-layer, CD size platter. The increased capacity and performance targets of the research program would make it possible to store several hours of high-definition television (HDTV) content, or thousands of professional-quality high-resolution still photos, on a single-sided disc. The research award provides funds to the Multiple Optical Recording Enhancements (MORE) Joint Venture, which is administered by the National Storage Industry Consortium (NSIC). Researchers at the University of Arizona and Georgia Institute of Technology will provide supporting studies in several disciplines. Up to $20 million dollars may be invested in the research during the four year project, with one-half of the funding provided by the ATP program, and the remainder of funding provided by the participating companies. The project team is developing technologies to record data using multiple levels of reflectivity on a single-layer, ovonic phase-change optical disc, combined with "near-field" principles in recording and reading the data. These developments will be useful in current technologies and will complement the storage capacity and data transfer rate improvements achieved by other advances in optical disc storage, such as the introduction of blue semiconductor lasers. The Advanced Technology Program, administered by the Commerce Department's National Institute of Standards and Technology (NIST), provides cost-shared funding to industry for research and development projects with the potential to spark important, broad-based economic benefits for the United States. While the program does not fund development of specific products, the ATP accelerates, or in many cases enables, potentially important projects that industry otherwise would not undertake or devote significant resources to, because of the technical risks involved. Details on the ATP can be found at: nist.gov Additional information on the three companies participating in the MORE Joint Venture and on NSIC can be obtained at the following Web sites: Calimetrics, calimetrics.com Energy Conversion Devices, ovonic.com Polaroid, polaroid.com and the National Storage Industry Consortium, nsic.org
SOURCE Polaroid Corporation /CONTACT: Tom Burke of Calimetrics, Inc., 510-420-1211 or Dave Strand of Energy Conversion Devices, Inc., 248-280-1900 or Bob Guenther of Polaroid Corporation, 617-386-3112 or Barry Schechtman of NSIC, 619-621-2556/ (PRD ENER) |