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PRESS
RELEASE:
CommerceNet Awards
$2 Million in Grants to Next Generation Internet Application
Developers
Cupertino, CA, - October
17, 2001 -- CommerceNet and the California Technology,
Trade and Commerce Agency - Division of Science, Technology,
and Innovation are awarding nearly $2 million in funding to
five businesses, two universities and a foundation to support
their continuing development of Next Generation Internet (NGI)
Applications. Grant recipients include 3DGeo,
Commerce One, Kenamea, The Pangea Foundation, Sophica, Strain
Monitor Systems, UCLA's Advanced Policy Institute and the
San Diego Supercomputer Center at UCSD.
From the proposals submitted
by commercial companies and non-profit institutions, CommerceNet
chose these eight organizations based on two primary criteria:
the exemplary, direction-setting use of the NGI infrastructure
by the application proposed, and the potential of the technology
for stimulating economic growth and social improvement for
individuals, companies, industries, regions, and communities
throughout California.
An expert panel of reviewers
helped CommerceNet reach its final decisions. The field of
winners covers a wide range of application areas. Global trading,
multi-modal Internet access for the disabled, wireless Web
Services, and prospecting for natural resources are a few
of the sectors that will benefit from CommerceNet's grants.
"After three months
of thoroughly reviewing proposals and researching these organizations,
CommerceNet is firmly committed to supporting our grant winners'
development efforts. These organizations are key to the success
of the Next Generation Internet and eCommerce," says
Mark Resch, President and CEO of CommerceNet. "CommerceNet's
early efforts to identify and fund the development of critical
NGI applications will decrease costs and increase efficiencies
in a variety of industries across the state of California."
CommerceNet has a two-part
initiative within its NGI Application Program to further build
and implement the Next Generation Internet. In addition to
awarding the NGI Application Grants, CommerceNet is opening
two centers, in Northern California and Southern California,
to develop, test and showcase the recipients' NGI applications.
The Northern California Center is located at the University
of California, Berkeley, and the Southern California Center
will be at the University of California, San Diego. By funding
application development, locating appropriate sites to host
the applications, and providing the necessary support resources,
CommerceNet is ensuring the growth and success of the Next
Generation Internet.
Early next year, CommerceNet
and the California Technology, Trade and Commerce Agency -
Division of Science, Technology, and Innovation will award
additional grants, ranging from approximately $100,000 to
$300,000 each, for the development of applications that support
the NGI. To get more information about applying, visit www.commerce.net.
Grant Recipients 3DGeo
Commerce One Kenamea The Pangea Foundation Sophica Strain
Monitor Systems UCLA's Advanced Policy Institute San Diego
Supercomputer Center
For details about the
projects funded please visit:
http://www.commerce.net/initiatives/ngi/grantees/
About CommerceNet
CommerceNet is a global, not-for-profit organization of leading
business, government, technology, and academic minds working
together on the advancement of eCommerce worldwide. As guided
by its partners and sponsors, CommerceNet focuses on six initiative
areas: Evolving Supply Chains; Next Generation Internet; Security
and Internet Payment; Government, Public Policy and Advocacy;
CommerceNet Investment Initiatives; and Pervasive and Wireless
Internet Access. In these areas CommerceNet is developing
important new technologies and practices that will chart the
course for the way companies conduct business.
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More Information:
Richard Jullig
(408) 446-1260 x286
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