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August 3, 2004: Nanotechnology Think Tank Appoints Scott Mize President

Foresight Institute Poised For Growth

Palo Alto, CA August 3, 2004 Foresight Institute has appointed Scott Mize to the position of President. Prior to joining Foresight Institute, Mize was co-founder of AngstroVision, Inc., a developer of nano-imaging instruments, Chairman of the Advisory Board of the Nanotechnology Opportunity ReportTM, business consultant for Technanogy, a nanomaterials company, and advisor to Accelrys, the leading nanotechnology software company. He has 20 years of experience in the information technology, new media, and Internet industries, and has been tracking the development of the nanotechnology field for over 15 years.

Foresight Institute was founded in 1986 to educate the public about nanotechnology when it was a little-known science. The Institute's 1st Conference on Molecular Nanotechnology preceded the signing of the National Nanotechnology Initiative by 10 years. The prestigious Foresight Institute Feynman Prize in Nanotechnology has honored top nanotechnology research scientists since 1993.

"This is an important step in our evolution," said Christine Peterson, Founder and former President of Foresight Institute. "With his leadership experience and knowledge of nanotechnology, we are now prepared to take the organization to the next level. This expansion was made possible by the generous support of our benefactors, which have given Foresight a substantial financial foundation. With these resources, Foresight will expand its efforts to ensure the beneficial development and deployment of nanotechnology, and educate the public about the potential and risks of molecular machine systems."

Peterson will remain with Foresight Institute as Vice President focusing on public policy, legislative issues and education.

About Foresight Institute

Foresight Institute is the leading think tank and public interest organization focused on nanotechnology. Formed in 1986 by K. Eric Drexler and Christine Peterson, Foresight dedicates itself to providing education, policy development, and networking to maximize benefits and minimize downsides of molecular manufacturing.

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