AUSTIN, Texas, Oct. 27 2004 LAWFUEL – Biotech, legal, law, attorney news— Creating jobs and industries with a
new wave of technological discoveries. Converging nanotechnology with the
bio-science, bio-medical and information technology assets in the Austin-San
Antonio region. These are the topics that Winstead Sechrest & Minick P.C.
Austin attorneys Jerry Keys and Ross Garsson will examine during the 2004
InnoTech Austin – The Business & Information Technology Conference &
Exposition.
Keys and Garsson, both Winstead shareholders and co-authors of a report
published by The Greater Austin-San Antonio Corridor Council last month
entitled “Accelerating Technology Commercialization and Business Formation in
the Greater Austin-San Antonio Corridor,” are to discuss these issues during
the Austin InnoTech conference and exposition, scheduled for Wednesday,
November 3, 2004, at the Austin Convention Center, Ballroom D.
Their presentation will review the report at the Conference. The report
documents the fact that the Austin-San Antonio region contains a ‘critical
mass’ of nano- and bio-technology resources and the entrepreneurial talent
that could potentially create a major new economic engine for Texas’ economy.
According to Keys, who has more than 25 years of experience in
representing technology enterprises, The National Science Foundation predicts
nanotechnology-driven discoveries alone will generate $1 trillion in new
product revenues worldwide by 2015 and may require up to two million new
workers.
“To ensure that the Austin-San Antonio region secures its share of these
new revenues and jobs, it is critical that we begin now to leverage our
existing biotechnology and information technology assets along Interstate 35.
By doing so, we will be in a position to create new industries and to
stimulate the development of a world-class technology center based upon a new
wave of convergence technologies in the heart of the region,” said Keys.
A key component of the presentation will include an overview of the steps
required to achieve this goal. According to Garsson, an intellectual property
attorney whose practice focuses on the nanotechnology and biotechnology
industries, those steps include increased coordination and cross-disciplinary
activities among universities, local governments, and commercial interests,
and a cooperative regional approach in seeking state and federal research
funds.
“The federal government has authorized $3.7 billion for nanotechnology
research and development programs over the next four years,” said Garsson.
“It is crucial to the long term economic health of the Corridor that we
marshall our political and technological assets to access our fair share of
those funds on behalf of local companies, universities and research
institutes.”
The Austin InnoTech is a private conference and exhibition built for
business and technology executives, guided and directed by local executives.
The goal of the conference is to provide the most comprehensive and
collaborative information technology event for the region’s leading executives
in a one-day format. InnoTech is directed by the region’s most distinguished
business and technology leaders and significant technology related
organizations.
About Winstead Sechrest & Minick P.C.
Winstead Sechrest & Minick P.C. is among the largest business law firms in
Texas with more than 320 attorneys and 30 practice areas. Winstead has
offices in Austin, Dallas, Fort Worth, Houston, San Antonio, and The
Woodlands, Texas, Washington D.C., and Mexico City. For detailed information
about the firm, visit http://www.winstead.com .
Web Site: http://www.winstead.com
