NanoBusiness Alliance Executive Chairman Sean Murdock today commended House Science and Technology Committee Chairman Bart Gordon (D-TN), Ranking Member Ralph Hall (R-TX), and their cosponsors for introducing the National Nanotechnology Initiative Amendments Act of 2009 (H.R. 554). The bill, identical to a bill passed overwhelmingly by the House last year, reauthorizes and updates the successful federal interagency nanotechnology research and development program. "We are pleased that Congressional leaders recognize the importance of nanotechnology for our nation’s future," said Murdock. "It is imperative that the United States maintain its lead in the global nanotechnology race to rebuild our economy and to continue to ensure our nation’s safety, and this bill will help make that happen."

"This is an excellent, bipartisan bill," Murdock continued. “The bill updates the National Nanotechnology Initiative, first authorized in 2003, and adds new provisions in several key areas: addressing environmental, health, and safety issues associated with nanotechnology; improving nanotechnology education; ensuring that new technology moves from the laboratory to the marketplace; focusing research efforts in areas of national importance such as electronics, energy, health care, and water; and research into nanomanufacturing.”

"The National Nanotechnology Initiative Amendments Act is the next bold step toward bringing the promise of nanotechnology to all Americans," said Murdock. "Nanotechnology will help drive our innovation economy while improving the environment, health, and a wide range of products."

The Senate is expected to put forward its own nanotechnology bill soon. "We look forward to continuing to work with the Senate as it takes up this important issue," Murdock concluded.

About The NanoBusiness Alliance

The NanoBusiness Alliance is the industry association for the emerging nanotechnology industry. Through its extensive network of leading startups, Fortune 500 companies, research institutions, non-governmental organizations and public-private partnerships, the Alliance shapes nanotechnology policy and helps accelerate the commercialization of nanotechnology innovations. The NanoBusiness Alliance has offices in Chicago, New York, Connecticut and Washington, DC. For more information, visit http://www.nanobusiness.org .