Monthly Archives: June 2021

LEXINGTON, Ky. (June 2, 2021) Researchers at the University of Kentucky are working with NASA to advance key technologies for exploring the moon, Mars and beyond.

Every few years, NASA creates Space Technology Research Institutes (STRI) in areas that are considered strategic for future technology and space exploration.

The new STRI called Advanced Computational Center for Entry System Simulation (ACCESS) will also beled out of the University of Colorado and will include the University of Illinois Urbana-Champaign, the University of Minnesota and the University of New Mexico, along with international collaborators from England, Italy and Portugal.

Alexandre Martin, professor of mechanical engineering, will lead the UK part of the work, which will focus on the thermal protection systems (heat shield) modeling one of the four axes of research covered by the institute.

The idea is to bring everybody together and have one cohesive group. The project involves researchers who have known each other very well for the last 10, 15 years, he said. It just makes sense scientifically.

ACCESS will focus on the creation of thermal protection systems. These systems protect a payload whether astronauts, equipment or scientific instruments during the harsh flight of a space capsule into the atmosphere of a distant planet or on its return to Earth.

The institute will advance the analysis and design of NASA entry systems by developing a fully integrated, interdisciplinary simulation capability, which is critical to future plans for exploration of nearby planets that require safe placement of large payloads on their surfaces.

Entry, descentand landing technologies must continue to improve to meet the challenges of placing large payloads on other worlds, such as Mars, Martin explained. Accurate modeling and simulation of atmospheric entry systems are critical for the design and planning of these missions.

To ensure safety, NASA has incredibly demanding entry system reliability requirements that cannot be fully met with today's approaches. Meeting those goals will require interdisciplinary work in the fields of aerospace engineering, chemistry, radiation, materials, structures and reliability.

Together, we will develop game-changing capabilities through the use of high-fidelity, validated physics models, Martin said. This advancement will be enabled by innovative numerical algorithms, high-performance computing and uncertainty quantification methods, with the goal of enabling computational entry system reliability assessments.

Additionally, the project will allow UK to contribute to forming the next generation of aerospace engineers at NASA.

We will also be able to fund students, and they will be doing the main part of the research. And they will interact with NASA, Martin said. Just like in everything we do; the students will be at the core of this project.

Matthew Beck, in theDepartment of Chemical and Materials Engineering, and Hailong Chen, John Maddox and Savio Poovathingal, from the Department of Mechanical Engineering, are also an integral part of UKs team.

ACCESS, which builds upon past NASA and NASA Kentucky funding, will receive approximately $15 million over five years, and roughly one-fourth of the amount will be awarded to UK. The university will also be contributing an additional $1.4 million to the project.

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UK Partners With NASA to Help Launch $15 Million Space Technology Research Institute - UKNow

Vancouver, BC June 1, 2021 Molecular You, the Vancouver-based data-driven health intelligence company, today announced the signing of a Master Services Agreement with Hoffmann-La Roche Limited (Roche Canada). This agreement enables Roche to use Molecular Yous comprehensive molecular profiling technology.

We are very proud of this agreement with Roche, said Molecular You President, CEO and co-founder Rob Fraser, as Roche shares our vision to provide patient-centred and evidence-based care. Together, our world-leading teams and technologies will enable a data-driven care model thattreats not just the disease but also the patient suffering from that disease.

Current medical care often employs a one-size-fits-all approach that ignores the fact that we are all very different from one another notes Molecular You co-founder and Board Chair Professor Pieter Cullis. The detailed molecular-level profiles prepared by Molecular You provide the insight needed to individualize patient care and practice effective preventive medicine. Dr. Cullis, author ofThe Personalized Medicine Revolution,adds that the agreement with Roche provides an important validation of the potential of Molecular Yous technology to improve healthcare.

Both Molecular You and Hoffmann-La Roche Limited (Roche Canada) among many other partners are involved with the Government of Canadas Digital Technology Supercluster and are working together on two already announced projects including: Personal Health Wallet using blockchain tech to unlock the ability to securely share private health info, (https://www.digitalsupercluster.ca/programs/precision-health/personal-health-wallet/); and "Reduce Risk: Post-COVID Analytics Platform for Returning to Work (https://www.digitalsupercluster.ca/covid-19-program-page/reduce-risk-post-covid-analytics-platform-for-returning-to-work/).

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About Molecular You

Molecular You is a Health Intelligence company, founded in Vancouver Canada by a team of world leading scientists and clinicians with a unified passion to make personalized healthcare a reality. Molecular You analyzes an individuals current health status using multi-omic, molecular profiling. Assisted by AI, these profiles are compared to the Molecular You global database of scientific and clinical literature to discern trends towards disease and other health risks. Individuals receive a personalized action plan that provides guidance on how to take charge of current and future health risks. This level of personalization is unprecedented and fosters greater engagement in an individuals health. By aggregating the real-world data, Molecular You generates a continuous stream of insights to accelerate the evolution of holistic careand development of more effective therapies.

Recently recognized by the worlds leading research and advisory company as a 2019 Gartner Cool Vendor in Healthcare Artificial Intelligence (AI). http://www.molecularyou.com

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FOR MEDIA INFORMATION CONTACT:

Daniel Paquette, dpPR for Molecular You

(647) 874-2176

dppr@rogers.com; http://www.dppr.ca

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MOLECULAR YOU SIGNS AGREEMENT FOR ROCHE TO USE ITS MOLECULAR PROFILING TECHNOLOGY - BioSpace

The logo of Taiwan Semiconductor Manufacturing Co (TSMC) is pictured at its headquarters, in Hsinchu, Taiwan, Jan. 19, 2021. REUTERS/Ann Wang

About 20 Japanese companies, including electronic component maker Ibiden Co (4062.T), will work with Taiwan Semiconductor Manufacturing Co (TSMC) (2330.TW) to develop chip manufacturing technology in Japan, the Nikkei newspaper reported.

Japan's government will pay half of the 37 billion yen ($337 million) cost of a research facility, The Nikkei said, without disclosing its sources.

TSMC in February said it will spend about $178 million to open a material research subsidiary near Tokyo.

In a statement to Reuters, TSMC said that facility "aims to leverage more expertise in the field of materials to bring value to the industry".

"We appreciate the support from Japan's government for us to drive semiconductor technology advancement together with TSMC's partners in Japan," it added, without elaborating.

Japan wants to cooperate with the Taiwanese company to help its semiconductor manufacturers to stay competitive as chip demand grows with the expansion of 5G infrastructure, autonomous driving technology, data centres and artificial intelligence (AI).

Ibiden did not immediately respond to requests for comment.

($1 = 109.7000 yen)

Our Standards: The Thomson Reuters Trust Principles.

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Japanese companies to develop chipmaking technology with TSMC -Nikkei - Reuters

Microsoft shows off more of the elements that will bring real-time low-latency collaboration from the web into desktop and mobile apps.

Image: Microsoft

Thefuture of hybrid workthat Microsoft sees as people start to return to offices and workplaces -- at least some of the time -- still includes remote collaboration, some of it asynchronous and some of it real time.

"During the pandemic, what's really come to the fore is team productivity: enabling a group of people to work together," Microsoft executive vice president for experiences and devicesRhajesh Jhasaid at the recent Build conference. "We think this is the era of collaborative apps where collaboration is at this centre, whether it be synchronous in the context of a video meeting, whether it be asynchronous with documents and chat."

"Collaboration is going to have to be the core of new applications," Jha added.

The technology Microsoft is pinning its hopes on to deliver this new group productivity is open-source frameworkFluid.

Interactive Fluid components will bring real-time, low-latency web editing into Teams and other Office apps, but they can also let people collaborate asynchronously. Fluid will make co-editing a document faster because everyone's changes show up quicker for everyone else, but a list, table or set of action items can also be Fluid components that everyone can co-author and edit in their own time.

Teams is the logical place to do that, because you can use it as a launcher for other apps, including running them inside meetings. Fluid components are now in private preview for Microsoft 365 (currently by invitation only, with broader access coming in the next few months).

SEE:50 time-saving tips to speed your work in Microsoft Office (free PDF)(TechRepublic)

A Fluid component can be pinned to a specific chat where you're collaborating, or you can copy and paste a Fluid component from one Teams chat to another to get more people involved. You can also copy them into an email message (or eventually, a Word document) and the data that makes up the Fluid 'chunk' of collaboration will stay live and editable and carry on syncing to everyone.

Because it doesn't need a cache on the server or a real-time hub on the client, Fluid real-time collaboration is actually a simpler back-end architecture, according to a session Fluid software engineerSam Bronergave at Build. "Teams have found that Fluid can replace key pieces of their architecture, but with improved performance and lower engineering cost," Broner noted.

Fluid components inside a Teams chat.

Image: Microsoft

You can pin a Fluid component or add it to an Outlook email from Teams.

Image: Microsoft

Because it's a web app underneath, a Fluid component works on mobile with responsive design.

Image: Microsoft

The open-sourceFluid Frameworkmeans Fluid components can also be built into third-party apps, which can use SharePoint in Microsoft 365 (which Teams uses), or the new Azure Fluid Relay Service (a managed service that will scale to hundreds of users per session) or any other Fluid service as the backend for syncing changes between co-workers. A Fluid component built to run with one Fluid backend will work with another Fluid backend, so organisations can use their own instance of the Azure Fluid Relay Service or local Fluid service (although everyone collaborating would need to be using the same Fluid service to work together).

The Azure Fluid Relay Service.

Image: Microsoft

Developers building Fluid components can also create their own different kinds of Fluid data, like sticky notes or exploded 3D diagrams based on CAD files.

As well as demos of Fluid in Teams and Outlook, Microsoft showed prototype apps built by Autodesk, Officeatwork and Monday Coffee that use Fluid for different kinds of real-time collaboration. Autodesk showed a CAD viewer where two people could look at the same 3D object and see what view the other person was looking at (which would simplify a discussion, because you can point to things the way you would if you were both in front of the same screen). Their 3D viewer (and an inspector that shows the state of your Fluid data) are now part of the open-source Fluid Framework.

The Autodesk protoype collaborative 3D viewer built in Fluid.

Image: Microsoft

"All of our customers expect to be able to collaborate across teams, tools, and industries," Autodesk chief platform architect Arno Zinke said. "In the future, the architect of a building will collaborate more directly with another architect or with designers and manufacturers or even with suppliers of parts like windows and HVACs. And all of this [collaboration] will happen based on the same data, the most recent data, in real time."

Fluid allows collaborative editing of Officeatwork dynamic placeholders inside Office.

Image: Microsoft

Officeatwork showed a prototype of Fluid in their Office add-in for dynamic placeholders that put the correct logo, company information, official signature files and other data that you want to have be consistent in all your documents, which can be stored in SharePoint or collected through a Power Automate flow, Logic Apps or other line-of-business data stores. Using the Azure Fluid Relay Service, two people working in the Officeatwork admin centre will be able to collaborate on a signature that will be used by multiple people, making edits to the same placeholder, which will dynamically update for users too.

Developers who want to build apps for Teams using Fluid components can package those apps using the standard Teams SDK and use the Fluid Library for Microsoft 365, which will be built into Microsoft 365 tenants, rather than expecting organisations to spin up their own Azure Fluid Relay Service. That means those apps can use Office single-sign on and get data from the Microsoft Graph, and store data in Fluid files that live in OneDrive and SharePoint (using the SharePoint Fluid Service), so it stays inside the Microsoft 365 tenant. Installing the app into Teams and adding it to a Teams meeting sets the permissions so that everyone in the meeting has access to the Fluid file and can collaborate in it.

"Teams meetings extension points provide the ideal place to include Fluid-powered collaboration," Fluid program manager Dan Roney said.

The MondayCoffee Fluid prototype Teams app for shared meeting notes in a Teams meeting.

Image: Microsoft

MondayCoffee showed a prototype meeting notes tool built for teams with the Fluid Framework Libraries, where everyone can take their notes about the meeting in a structured, shared document. Information is written to a database so it's easy to keep track of all the decisions taken for a specific project, or action items that are automatically converted into Planner tasks.

That prototype will be added to theMondayCoffee Teams appsoon, along with extra features like shared sticky notes.

Developers and organizations wanting to use Azure Fluid Relay or Fluid Library for Microsoft 365 can apply for theprivate preview. Fluid components are just web apps; Fluid works with any Vue framework like React, Angular or Vue, with the collaborative features wrapped in a web library. And if you just want to try out the Fluid collaboration in share documents, the originalFluid Office previewis still available. Or you can play around with a Fluid image gallery, brainstorming app and even a shared Sudoku game in the Fluid Framework playground, and developers can copy the Fluid projects to start building their own apps.

Be your company's Microsoft insider by reading these Windows and Office tips, tricks, and cheat sheets. Delivered Mondays and Wednesdays

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Microsoft: This open-source technology points the way to the collaborative future of work - TechRepublic

For an industry where detail, timeliness and accurate metrics mean so much, the investment world still relies too heavily on manual spreadsheet entry and snail mail paper checks. Entering data in multiple spreadsheets and relying on disparate systems is inefficient and can be error-prone, especially when sharing information between investment, investor and accounting software. However, technology is a driving factor behind the growth of automated investment management.

Investors now expect on-demand service and self-service access to key metrics, capital transactions, important documents and reports. Yardis Investment Suite creates better value for investors, which leads to increased investor confidence. The Investment Manager product specifically improves communication between you and your investors, automates the subscription agreement process and provides easy access to performance metrics. The system is available wherever, whenever access is required.

Managing the relationships with existing and prospective investors is a vital part of growing any investment business and raising capital. Yardi Investment Manager provides a platform that makes communicating with current and prospective investors more efficient, easier and error-free.

Cohen Asset Managements investor relations staff can log into Yardi Investment Manager and see the online tools their investors are using, deals they are involved in, contact information, returns, distributions and other information. Scott McGinness, principal and chief financial officer, shared: By being able to deliver information when its needed, we dont have to follow up with the investor later, which is easier on both parties.

For MG Properties Group, a single spreadsheet reported contained as many as 450 tabs. Having the right technology gives you the ability to produce better net operating income, which in turn creates better value for the property and for your investors, as well, said Joe Anfuso, CFO. With Yardis solutions, they are now delivering statements, capital calls, distribution notices and other information online and via mobile device.

You increase investor confidence by giving them information they can be confident is correct, Anfuso said.

Organizations benefit from a single connected tool that helps:

Yardi Investment Manager is a single source of truth for investor and investment information. Provide access to portfolio and property metrics directly to investors. Improve fundraising for new investment opportunities with existing or prospective investors. With an integrated solution, you eliminate the need for disparate systems and manual transfer of data. This allows you to provide timely access to information to your investors. Onboarding is also streamlined to provide a quick and easy transition for investors into your platform.

To be able to log in to Investment Manager and see what trusts or entities a client has invested with, what actual investments those are in, and the returns theyre receiving has been incredible. I cant put a price on it, said McGinness.

By easily compiling and communicating accurate information, Yardi Investment Manager strengthens investor relationships with superior service, as it did for Cohen Asset Management, allowing the company to maintain a lean organization. We get a lot of compliments from investors about our service, and Investment Manager is a major reason for that, McGinness added.

In addition to investment and property metrics, Yardi Investment Manager makes it easy to publish reports, tax documents, subscription agreements and more to investors through an online branded portal. This allows your investors self-service access to information. Since the portal can take on your companys personalized branding, it will offer a customized, highly professional experience for investors. They receive automatic alerts and notifications when new documents have been published and secure access to new investment opportunities in a virtual data room setting.

Yardi Investment Manager provides access to investor and investment information on any device. It makes it easy to find and review every piece of information you need so you can have informed discussions with your team and your investors on:

Yardi Investment Manager is a complete solution that brings investing partners together and instills investor confidence. Provide access to reports and detailed documentation so your investors feel an increased sense of connection and value with their partnership. Yardi Investment Manager can be implemented as a standalone solution or connected with powerful property management software, Yardi Voyager or Breeze Premier. Adapt the system alongside your growing accounting needs with Yardi Investment Accounting.

Overall, youll improve efficiency and boost visibility into investor activity and investment metrics, making portfolio oversight simpler than ever.

Download a Yardi Investment Manager brochure, or click here for more information.

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Using Technology to Increase Investor Confidence - The Real Deal

WASHINGTON--(BUSINESS WIRE)--Last month, Adlumin announced Alexander D Crepas as Director of Innovation and Technology. Crepas is based out of Chicago and will oversee technical channel enablement and help execute and manage product innovation.

Crepas brings over 25 years of dedicated information security experience and started his formal career in college as a Linux and Network Admin, helping build a regional internet service provider (ISP). After receiving his degree in Computer Science, Crepas worked for several Fortune 100 security teams developing their information security programs. His interest in cutting-edge security technologies led him to work for security startups focused on vulnerability management, intrusion detection and security information and event management.

"Adlumin has created a unique, patented and easy-to-use security analytics platform initially for the financial sector and is now used in many industries," said Crepas. "I am excited to be part of the Adlumin team and provide a technical bridge between our partners and the Adlumin platform."

While at the Internet Security Systems, one of the first groundbreaking security companies in the field, Crepas wrote the business case for their emergency response services and provided triage for break-ins and penetration testing services. Crepas has extensive worldwide travel experience, creating and delivering technical training curriculum and certification programs to over twenty countries.

"Alex is a positive and energetic leader and we are so delighted to welcome him to the Adlumin family," said Tim Evans, SVP of Adlumin. "With Alex's guidance, we look forward to continuously enhancing our product in this time of accelerated digital transformation and building on Adlumin's patented core banking algorithms."

Adlumin looks forward to expanding its team of innovators and is committed to creating the best security and compliance tool in the market. Crepas' passion for technological innovation will help propel the Adlumin platform and expand capabilities that will benefit partners, customers and the overall industry for years to come.

About Adlumin

Adlumin Inc. is a patented, advanced security and compliance automation platform built for corporate organizations that demand innovative cybersecurity solutions and easy-to-use, comprehensive reporting tools. The Adlumin team has a passion for technology and solving the most challenging problems through the targeted application of data science and compliance integration. Our mission is to "add luminosity" or visibility to every customer's network processes through real-time threat detection, analysis, and response to ensure sensitive data remains secure.

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Adlumin Appoints New Director of Innovation and Technology - Business Wire

USA TODAY Sports' Jeff Zillgitt breaks down how the Bucks have learned from their previous early exits in the NBA playoffs. USA TODAY

LeBron James missed 26 of the Los Angeles Lakers final 30 games dealing with an ankle injury.

What if there were a product that would have prevented the injury or made it less severe? Or what if there were a technology or therapy that would have allowed him to get back on the court sooner?

Thats what the league is seeking as it introduces NBA Launchpad, the leagues latest initiative to source, evaluate, and pilot emerging technologies that advance the NBAs top basketball priorities across all levels of the game.

In essence, the NBA wants your help to improve the game, and in its initial callout to entrepreneurs and companies, the league is seeking innovative products, technologies or other platforms that address four NBA priorities: innovating ankle injury prevention and recovery; elevating health and wellness in youth basketball; enhancing elite youth player performance; and advancing referee training and development.

Its always been our interest to be an innovative, tech-forward organization, to be exploring ways to improve the product, NBA executive vice president of basketball strategy and analytics Evan Wasch told USA TODAY Sports. The reason were forming this new platform is essentially to allow us to take more control of that process."

Wasch described Launchpad as a cross between an incubator, crowd-source platform and 'techstars'program."

The NBA is accepting applications now through August and will announce finalists in each category in September. The league will have a selection day where finalists present to NBA stakeholders with the idea of selecting one winner in each track. Pilot programs will begin next season across various NBA properties.

Submissions are accepted at NBA Launchpad and via email: Launchpad@NBA.com.

While the NBA has worked with several tech companies, many of whom are already focused on sports, it wants to broaden the scope of its partners to include academics and entrepreneurs in adjacent fields such as healthcare and workplace improvement.

"We want tangible solutions to theseproblems," Wasch said. "We just dont care where it comes from. We dont care if it comes from a big company that has invested heavily in the space. We dont care if it comes from an entrepreneur, an academic anyone who has a tangible product or technology that can advance these priorities, were open to."

The NBA is introducing its Launchpad initiative to source, evaluate and pilot emerging technologies to improve the game,(Photo: Bob Donnan, USA TODAY Sports)

Ankle injuries are the No. 1 injury accounting for games missed by players, and 25% of players sustain an ankle injury during the season.

That is one of the most burdensome injuries that our players face, Wasch said. Its both impacting a lot of our players and the amount of games they play.

Someone might have an answer. Could be an innovative ankle brace that prevents ankle sprains. Could be predictive software that incorporates player movement and adjusts the way a player runs or jumps. Or a therapeutic product that helps a player return quicker.

All of these things would be within scope because ultimately, we want to prevent the injuries in the first place, make them less severe when they happen and speed up the return to play process when they do happen, Wasch said.

Health and wellness in grassroots basketball is a priority, Wasch said, because of injuries, minutes and games played, fatigue and burnout.

Were looking for technologies, platforms and software than can promote health and wellness among youth basketball players, he said.

Maybe thats a wellness app to track nutrition and activity. Maybe its injury preventionstrategies.

Players in the 15-18-year-old range who potentially could play in the NBA, G League and/or college basketball are also high on the leagues priority list. It wants to make sure those players have all the tools necessary to improve performance. The NBA has basketball academies in Australia, China, India, Africa and Latin America, works with USA Basketballs junior national teams and has teens at its G League Ignite team.

Wasch offered suggestions: virtual reality technology that improves cognitive processing, visual ability and skill development.

During the past few seasons, the NBA has expanded its officiating initiatives and created in-house software under NBA senior vice president and head of referee development and training Monty McCutchen.

The league wants to do more.

Most forward-thinking tech developers in the world arent really focused on officiating as a sexy area for them to invest them, Wasch said. If we can communicate to the marketplace, there is a market here, there is the opportunity to be affiliated with the NBA to shape the future of NBA officiating through training technologies, talent identification, we want to see it and we want to know how we can leverage that."

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NBA Launchpad initiative seeks to improve basketball through emerging technologies - USA TODAY

Boost Mobile Makes Fantasy Bet With DraftKings Partnership

Boost Mobile is partnering with DraftKings to offer its customers exclusive fantasy sports contests and sports betting promotions. The partnership is the first of its kind between a wireless carrier and sportsbook, and it will kick off with a $100,000 fantasy contest around the NBA Finals.

The contest, exclusive to Boost customers, will ask users to log into the DraftKings app and predict the amount of total points scored in the upcoming NBA Finals. Customers will also be able to visit Boost Mobile retail stores and pay cash to place bets with DraftKings, if theyre located in one of the 14 states where DraftKings currently offers sports betting.

Were trying to cut beyond voice, text and data and offer sports entertainment. We want to offer a differentiation of value to customers that an AT&T or Verizon are too corporate to do, says Stephen Stokols, EVP at Boost Mobile, whose parent company Dish Network partnered with DraftKings in March to add DraftKings betting and fantasy apps to Sling TV, the streaming service owned by Dish.

Stokols says that Boost Mobile plans to offer other promotions such as giving users who pay their phone bills on time a $5 credit to place a bet or join a fantasy contest on DraftKings. Boost Mobile customers will also receive DraftKings credits in exchange for left-over wireless data they didnt use. Outside of DraftKings, Boost plans to offer its own fantasy contests on the Boost Mobile app.

[Betting integration] is going to texting as well, Stokols says. You wont even have to open an app but you can get text messages that you reply to. Is LeBron James going to hit the next free throw? Reply Y to bet a buck, he envisions.

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Cristiano Ronaldo Signs Recovery Technology Deal With Therabody - SportTechie

BOISE, Idaho, June 01, 2021 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU), announced today that it will hold its fiscal third quarter earnings conference call on Wednesday, June 30, 2021, at 2:30 p.m. Mountain time.

The call will be webcast live at http://investors.micron.com/. Webcast replays of presentations can be accessed from Microns Investor Relations website and will be available for approximately one year after the call.

About Micron Technology, Inc. We are an industry leader in innovative memory and storage solutions transforming how the world uses information to enrich life for all. With a relentless focus on our customers, technology leadership, and manufacturing and operational excellence, Micron delivers a rich portfolio of high-performance DRAM, NAND and NOR memory and storage products through our Micron and Crucial brands. Every day, the innovations that our people create fuel the data economy, enabling advances in artificial intelligence and 5G applications that unleash opportunities from the data center to the intelligent edge and across the client and mobile user experience. To learn more about Micron Technology, Inc. (Nasdaq: MU), visit micron.com.

2021 Micron Technology, Inc. All rights reserved. Information, products, and/or specifications are subject to change without notice. Micron, the Micron logo, and all other Micron trademarks are the property of Micron Technology, Inc. All other trademarks are the property of their respective owners.

Micron Media Relations ContactErica PompenMicron Technology, Inc.+1 (408) 834-1873epompen@micron.com

Micron Investor Relations ContactFarhan Ahmad Micron Technology, Inc. +1 (408) 834-1927farhanahmad@micron.com

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Micron Technology to Report Fiscal Third Quarter Results on June 30, 2021 - Yahoo Finance

CAMBRIDGE, Mass. & NEW ORLEANS--(BUSINESS WIRE)--Harvard University has granted an exclusive license to biotechnology company Obatala Sciences to commercialize innovations that enable the study of human fat tissue in vitro. Harvard Office of Technology Development and Obatala, which manufactures stem cell and hydrogel products to enable next-generation therapeutics discovery, announced the agreement today.

Obatala Sciences operates in the organ-on-a-chip or microphysiological system industry, a fast-growing scientific field that enables pharmaceutical companies to better model human response to therapies, in comparison to traditional laboratory approaches. The licensed Harvard technology, an adipose-on-a-chip, provides a method of obtaining adult-size fat tissue cells for study in vitro and enables the testing of weight loss and cancer-targeting therapeutics without the need for testing in animals. The adipose chips can respond to starvation and simulated meals, and they demonstrate key hormonal activity that is a hallmark of adipose as a functional organ. This ground-breaking technology provides a more accurate and dynamic model of human tissue in its diseased state compared to traditional two-dimensional culture.

The adipose chips were developed by researchers led by Kit Parker, PhD, the Tarr Family Professor of Bioengineering and Applied Physics at Harvard John A. Paulson School of Engineering and Applied Sciences (SEAS) and Associate Faculty member of Harvards Wyss Institute for Biologically Inspired Engineering. Parkers lab at Harvard SEAS developed and demonstrated novel methods of culturing human fat cells to model a diseased state in vitro. The findings were published, for example, in the journal Lab on a Chip (2020). The worldwide license agreement with Harvard enables Obatala to make the technology widely available for researchers use in drug discovery and R&D.

As a key part of its mission, Obatala promotes diversity in clinical research with the goal of speeding up the development of better therapies for diseases like obesity, diabetes, and cancer, which disproportionately affect minority populations. The company has rapidly grown to establish a robust pipeline of stem cells, unique human-derived hydrogels, and media products that combine to mimic tissue from patients of specific populations.

We are elated to be able to expand access to transformational research tools from Harvard that may help speed up the research and discovery of better treatments for patients who are traditionally excluded from clinical trials and those who need them the most, said Obatala Sciences CEO Trivia Frazier, PhD, MBA. The adipose chip technology provides us another crucial tool to promote diversity in research and improve outcomes for all patients. Organ-on-a-chip technology is revolutionary and may forever change the way we approach drug discovery on a global scale.

I am excited for the translation opportunity that the license to Obatala represents for these technologies developed in the Disease Biophysics Group at Harvard, Parker said. Trivia and I have talked for almost a year now and share a vision of how organs on chips can enable innovation in the pharma and biotech industries, and how the spin-off technologies represent new therapeutic opportunities in and of themselves. Im hopeful that my labs innovations in tissue engineering may lead to numerous impactful uses of synthetic adipose, including this effort to accelerate the development of better treatments for disease.

Frazier, a New Orleans native, said Obatala is the first life sciences firm based in New Orleans that is run by an African-American woman. To date, Obatala has received more than $2 million in federal funds to support the commercialization of its hydrogels and media products, and it has made history as the first minority female-owned firm to raise over $1 million in institutional funds to grow a biotechnology enterprise in Louisiana.

The license agreement with Harvard, Frazier said, will help Obatala expand its offerings of microphysiological systems that biomedical researchers can use to mimic various tissues throughout the human body. In consideration for the license, the university has received equity in the company and is eligible to receive royalties on resulting products. The license agreement also includes global access provisions, in keeping with Harvards longstanding commitment to promote equitable access to technologies of significant public health benefit in developing countries.

About Harvard Office of Technology Development

Harvards Office of Technology Development (OTD) promotes the public good by fostering innovation and translating new inventions made at Harvard University into useful products that are available and beneficial to society. Our integrated approach to technology development comprises sponsored research and corporate alliances, intellectual property management, and technology commercialization through venture creation and licensing. More than 70 startups have launched to commercialize Harvard technologies in the past 5 years, collectively raising more than $2.5 billion in financing. To further bridge the academic-industry development gap, Harvard OTD manages the Blavatnik Biomedical Accelerator and the Physical Sciences & Engineering Accelerator. For more information, please visit https://otd.harvard.edu.

About Obatala Sciences

Founded in 2017 with the goal of advancing research in the fields of obesity, diabetes, and regenerative medicine, Obatala Sciences is a biotechnology company that offers research products and services to scientists in medical industries and academia. Obatala prides itself in making high-quality products that researchers use to discover better therapies for diseases that significantly impact the human population. Obatala is named for the West African deity tasked with sculpting the human body. Co-founded and run by an African-American female from New Orleans, Obatala Sciences is committed to creating more accurate models of human tissue, starting with their building blocks: the cells. For more information, please visit ObatalaSciences.com.

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Harvard Licenses Technology to Obatala Sciences to Advance Discovery in Obesity, Diabetes, and Cancer - Business Wire