Stock Under $10 with 50-100% upside potential - 14 Days FREE!

President Obama Honors IBM Scientists With National Medal Of Technology And Innovation For Breakthrough That Enabled LASIK Surgery

Stock quotes in this article: IBM 





WASHINGTON, Dec. 21, 2012 /PRNewswire/ -- President Obama recognized a team of three IBM (NYSE: IBM) scientists -- James J. Wynne, Rangaswamy Srinivasan and Samuel Blum -- with the National Medal of Technology and Innovation, the country's most prestigious award given to leading innovators for technological achievement. With more than a combined 100 years of service at IBM Research, they are receiving this award for designing, developing, and implementing laser technology that improves people's health, including LASIK eye surgery.

(Logo:  http://photos.prnewswire.com/prnh/20090416/IBMLOGO )

President Obama will personally bestow the award to the IBMers at a special White House ceremony at a later date. IBM has earned the National Medal of Technology and Innovation on nine other occasions.

IBM's seminal work in laser technology, which began in 1981 by this team of scientists, has shaped the course of surgical care. Well suited for delicate surgeries, the excimer laser replaced mechanical instruments such as the scalpel which was not very precise, could leave the cornea permanently weakened and required a long recovery time.

The team of researchers originally demonstrated this technology's capabilities to the medical community by using quick pulses of ultraviolet light to cut a clean pattern into a human hair without burning the strand. This ability to precisely cut into materials via vaporization, rather than burning, was appealing to doctors and patients as it left surrounding areas undamaged.

Today, LASIK eye surgery is the most popular vision correction surgery performed and has improved the vision of approximately 25 million people worldwide. This type of modern surgery technology is one reason why the world has looked to the United States for leadership and best practices.  James Wynne still works at IBM's TJ Watson Research Center while Srinivasan and Blum have since retired.

For more information, visit the IBM Icon of Progress on Excimer Laser Surgery at http://www-03.ibm.com/ibm/history/ibm100/us/en/icons/excimer/ 

Michael LoughranIBM Communications mloughra@us.ibm.com914-443-9816

Ari EntinIBM Communications aentin@us.ibm.com408-927-2272

 

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
TRY IT FREE

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
Dividend Stock Advisor
TRY IT FREE
New! $49.95/yr

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREE

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Real Money
TRY IT FREE

24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.

Product Features:
  • Jim Cramer + 20 Wall Street pros
  • Intraday commentary & news
  • Real-time trading forum
  • Actionable trade ideas
Real Money Pro
TRY IT FREE

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass + 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
TRY IT FREE

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
DOW 15,354.40 121.18 0.80%
NASDAQ 3,498.97 33.73 0.97%
S&P 500 1,667.47 17.00 1.03%
US 10 Yr 1.949% +0.084

Brokerage Partners

Advertising Partners
Special Features

Free Newsletters from TheStreet

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

We respect your privacy. Manage Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs