Abu Dhabi, 19 May 2010: A senior group of semiconductor industry leaders and distinguished academics gathered in Abu Dhabi to map out some of the major research and development challenges facing the industry's future. Co-hosted by the Semiconductor Research Corporation (SRC), a leading research organization, and the Advanced Technology Investment Company (ATIC), the forum will focus on the development of low-energy electronic systems, one of the most significant areas of potential technological advancement.

With semiconductor devices in almost every electronic product, improving the energy efficiency of these devices has the potential to significantly impact global energy consumption. Over the course of two days, delegates will discuss in detail low-power research in the field of microelectronics. The outcome of these discussions will enable local and international delegates to formulate strategies for future research.

"Minimum energy use for electronics is an essential component to preserving our natural resources," said Steve Hillenius, executive vice president of Semiconductor Research Corporation. "The expected outcomes of this forum are the ideas from the best experts in industry and academia for novel steps toward this goal. SRC has a unique opportunity in our partnership with the universities, industry members and ATIC to facilitate this event."

Ibrahim Ajami, CEO of ATIC said: "Innovative technologies that reduce energy consumption are important for the overall industry, in terms of new markets and global impact."

"The development of Abu Dhabi as a hub for leading-edge semiconductor capabilities, research and development is enabling the Emirate to realize its vision to diversify its economy away from dependency on oil and gas. This is a sector that is constantly innovating. ATIC is committed to the establishment of facilities and capabilities here in Abu Dhabi to ensure that the Emirate develops an R&D ecosystem for advanced technology. The forum next week enables us to take another step towards our goal as a hub for semiconductor innovation," he added.

The Forum will take place from 23 - 24 May 2010, at the Yas Hotel in Abu Dhabi. Keynote speeches will be presented by world-leading academics in the field of semiconductors and leading industry thinkers from internationally renowned technology companies.

About SRC
Celebrating 28 years of collaborative research for the semiconductor industry, SRC defines industry needs, invests in and manages the research that gives its members a competitive advantage in the dynamic global marketplace. Awarded the National Medal of Technology, America's highest recognition for contributions to technology, SRC expands the industry knowledge base and attracts premier students to help innovate and transfer semiconductor technology to the commercial industry.

About ATIC
The Advanced Technology Investment Company (ATIC) was created in 2008. A technology investment company wholly owned by the Government of Abu Dhabi, ATIC is focused on making significant investments in the advanced technology sector, both locally and internationally. Its mandate is to generate returns that deliver long-term benefits to the Emirate of Abu Dhabi.

ATIC seeks to leverage the unique advantages it enjoys as an investor from the Emirate of Abu Dhabi to identify and realize long-term investment opportunities in the highly competitive and capital-intensive advanced technology sector. These advantages include significant and reliable capital, a patient investment philosophy, and a subsequently long-term investment horizon.

For more information about ATIC visit www.advancedtechnologyic.com

For more information:
Houssam Kablawi
Edelman
houssam.kablawi@edelman.com
+971 50 4415126