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The Newcomen Society Honors Kent State University as it Approaches 2nd Century of Service

Wed, 07 Sep 2005, 13:43:00 EST

Edited by Christopher Simmons

EXTON, Penn. - September 7 (SEND2PRESS NEWSWIRE) -- The Newcomen Society of the United States will honor Kent State University and its President, Carol Cartwright, with the prestigious Newcomen Award, at an awards ceremony on Friday, October 7, 2005. Continuing in its 82-year-old tradition of recognizing organizations that have helped promote the American free enterprise system, The Newcomen Society honors Kent State University as an example of academic and innovative excellence.



"We selected Kent State for its ability to spark the entrepreneurial spirit," stated Leighton Wildrick, president and CEO of The Newcomen Society, citing the university's progress with technological advancement. "Their commitment to helping a new generation of leaders transform intellectual capital into economic growth and development echoes the values and vision of our namesake, Thomas Newcomen, considered to be the father of the Industrial Revolution," continued Wildrick.

Kent State's extensive research capabilities, faculty expertise, and prolific patent portfolio - one that includes more than 100 U.S. patents/copyrights in areas ranging from advanced materials to biosciences to information technologies - has earned this doctoral-granting university its reputation as fourth in the nation for the number of startup companies formed per $10 million of research. Its licensees and research partners include such industry giants, and household names, as IBM, Kodak, Motorola, Samsung, and Seiko Epson.

Since 1998, Kent State's Office of Technology Transfer has promoted and accelerated the development of patentable inventions and copyrightable materials; facilitated the creation of entrepreneurships and start-up companies; and partnered with numerous businesses nationwide to help them improve their products and processes.

Their key research and technology areas include advanced materials, liquid crystals, polymers; biomedical sciences, biotechnology; and information technologies, software, and linguistics. The multibillion dollar liquid crystal industry began at Kent State's world-renowned Liquid Crystal Institute in 1970 with the discovery of the LCD display, recently named by Forbes magazine as one of 85 innovations that change the way we live today.

"In today's innovation-driven economy, the strength of our society is linked inextricably to the generation of new knowledge and the effective application of that knowledge," says Kent State President Carol A. Cartwright. "I am very proud that Kent State has embraced a leadership role in translating faculty expertise in areas from liquid crystals to linguistics into products, processes and programs that not only have vast commercial potential, but that serve the public good."


About Kent State University

Founded in 1910 as a teaching school, today Kent State University is Ohio's second largest public university, and the largest residential university in Northeast Ohio. Serving more than 36,000 students and offering over 270 academic programs at the associate, baccalaureate, master's and doctoral levels, Kent State ranks among the top 90 public universities in the country, an elite group of the nation's nearly 3,900 colleges and universities, according to the Carnegie Foundation for the Advancement of Teaching.

It has earned numerous distinctions - one of 34 programs in financial engineering worldwide; one of the nation's top 10 fashion schools; one of the best professional journalism and mass communication programs in the country; one of America's best business schools; and one of the safest campuses in the United States according to the FBI/UCR and Consortium for Higher Education Campus Crime Research. For more information, please visit www.kent.edu.


About The Newcomen Society

The Newcomen Society of the United States is a 501(c)3 non-profit, tax-exempt, educational foundation founded in 1923 for the study and recognition of achievement in American business. The Newcomen Society has honored more than 2,500 organizations and institutions through its presentation of The Newcomen Award. The award program includes a documentation of a corporate history. These histories are distributed to Society members, 3,300 public and private libraries; including the Library of Congress, for permanent record.

Headquartered in Exton, PA, the Society's membership is comprised of many of the nation's top leaders in business, industry, education, government and the military from such organizations as Amgen, Binswanger, Chemical Bank, Jones Day, and Motorola.

For more information about the Newcomen Society, or about the award nomination process, please call 800-466-7604 or visit www.newcomen.org.

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