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Russian Scientists Helping Develop Homeland Security
Kurchatov Institute Screening New Technologies For Isonics

Isonics Corporation, a leader in the development of next-generation technology for the homeland security and semiconductor markets, has signed a technology research and development agreement with the Kurchatov Institute, Russia's leading research and development institution. Boris Rubizhevsky, President of Isonics' homeland security division, made the announcement.

Under the terms of this agreement, the Moscow-based Kurchatov Institute will establish a task force of scientists to identify and screen new technologies and products for potential acquisition by the Isonics homeland security division. The Kurchatov scientists will provide a range of research and development services to assist Isonics as the Company expands its offerings in the global homeland security sector. Isonics recently announced execution of a $22 million convertible debt financing, allocating at least 50% of the proceeds for acquisitions through its homeland security division.

Kurchatov will review new technologies, projects and products being developed in Russia by various entities for Isonics, along with providing comprehensive review of useful technologies under development at the institute itself. Furthermore, Kurchatov will serve as an initial filter in evaluating potential technologies or products for potential acquisition by Isonics, assist in research and development for other Isonics projects, and assist in securing rights to selected technologies and products.

"We believe that this agreement will speed the expansion of Isonics' technology pipeline in the global security industry," said Mr. Rubizhevsky. "Isonics believes that there is valuable research ongoing in Russia by excellent scientists on projects that are potentially of interest to us. Ultimately, our goal under this agreement is to find interesting technologies and products in Russia, and if necessary to provide further development funds that will result in new products for the Isonics homeland security division."

The Kurchatov Institute was established in 1943 to conduct weapons research, but was later transformed into one of the one of the world's leading academic centers in pursuit of peaceful uses of scientific knowledge. It is partially funded by the Russian government, but also holds numerous commercial research agreements worldwide. It employs thousands of scientists and associates.

"Isonics has provided us with an excellent opportunity to make important scientific contributions to the world security marketplace," said Vladimir Baranov, director of the Institute of Molecular Physics, Kurchatov's oldest division. Baranov will oversee Kurchatov's efforts under this agreement. "We are eager to bring our expertise in isotope technologies and other fields in our partnership with Isonics to develop useful products to improve the safety and security of people around the world."

About Security News Desk
SYS-CON's Security News desk trawls the world of security for news of software, hardware, products, and services that seems likely to be of interest to infosec professionals and summarizes them for easy assimilation by busy IT managers and staff.

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