Innovation and Nanatechnology Coming to Town!

John E. Kelly III, IBM Senior Vice President and Director of IBM Research, to speak on Innovation and Nanotechnology at EDC/Warren County Luncheon on Friday, September 5, 2008 at Great Escape Lodge in Queensbury


IBM's top global research executive will speak in Warren County on Friday, September 5, 2008, on the explosion of high-tech research and development in New York State. Dr. John E. Kelly III, IBM's senior vice president and director of research, last week announced an investment of $1.5 billion in the company's research operations at the College of Nanoscale Science and
Engineering at the University of Albany and two other upstate locations. The investments are expected to create at least 1,000 new jobs.

Kelly will be the guest speaker for the Warren County Economic Development Corporation's Emerging Business Trends luncheon. The event, to be held from 11:30 to 1:30 at the Great Escape Lodge in Queensbury, is open to members of the public, with advance paid reservations.

"We are thrilled to be able to bring IBM's senior-most research executive to Warren County," said EDC President Leonard Fosbrook. "This event, coming on the heels of IBM's announcement of its historic investment in Tech Valley and Upstate New York, creates a don't-miss opportunity for local business leaders and elected officials to hear first-hand about the high-tech revolution taking place less than 50 miles away and how it will benefit our region."

Dr. Kelly directs the worldwide operations of IBM Research, with more than 3,000 technical employees at eight laboratories in six countries around the world, and helps guide IBM's overall technical strategy. Dr. Kelly's top priority as head of IBM Research is to stimulate innovation in key areas and quickly bring those innovations into the marketplace to sustain and grow IBM's existing business, and to create the new businesses of IBM's future. Dr. Kelly also leads IBM's worldwide intellectual property business as well as the company's open source and open standards strategies and practices.

Major corporate sponsors for the event are Behan Communications Inc., Glens Falls National Bank & Trust Company, and Lemery Greisler LLC. Co-sponsors are The Post Star and the Adirondack Regional Chamber of Commerce. The cost for the luncheon is $25 per person, or $200 for a table of ten. More information, including a reservation form, is available at EDC's Web site, www.edcwc.org, or by calling EDC at 761-6007 ext. 300.

About EDC: EDC is a private, not-for-profit organization dedicated to improving the quality of life of residents in Warren County by helping businesses and industry grow, prosper, and create quality employment opportunities. The
organization, which is governed by an independent board of directors, is supported by more than 100 private-sector businesses and community organizations. EDC administers Warren County's Empire Zone program, and assists local companies seeking regulatory, financial, and technical assistance from local, state, and federal agencies.