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PRESS RELEASE:  JANUARY 17, 2003 
Nanotech Could Be a Tragedy or a Triumph 
  
  A new non-profit organization has been formed to investigate the effective use 
  of advanced nanotechnology. The Center for Responsible Nanotechnology (CRN) 
  was founded by Chris Phoenix and Mike Treder in December 2002. The vision of 
  CRN is a world in which nanotechnology is widely used for good, while 
  malicious uses are limited by effective administration of the technology.  
   
  Mike Treder, Executive Director of CRN, is a business professional with a background in 
  technology and communications company management. “Since the 1980’s, when Eric 
  Drexler wrote Engines of Creation, many of us have dreamed of a world with 
  cheap, non-polluting, innovative manufacturing capability,” said Treder. “That 
  dream is now within sight—but so also is the nightmare of accidental or 
  deliberate misuse.”  
   
  Nanotechnology refers to the concept of building complicated machines out of 
  precisely designed molecules. With devices only a few 
  nanometers wide, it will 
  become possible to build a supercomputer smaller than a grain of sand; a 
  weapon smaller than a mosquito; a self-contained factory that sits on your 
  kitchen counter. 
   
  Chris Phoenix, CRN’s Director of Research, is an inventor, entrepreneur, and 
  published author in the fields of nanomedicine, nanomanufacturing, and 
  administration of nanotechnology. “We believe that even a technology as 
  powerful as nanotechnology can be used wisely and well—but that without 
  adequate information, unwise use will be far too common,” said Phoenix. “The 
  humanitarian potential is vast, and opportunities for economic benefit are 
  astronomical, but so is the potential for abuse.”  
   
  In order to provide well-grounded and complete information, CRN is researching 
  all the issues involved—political, economic, military, humanitarian, and 
  technological issues—and will devise and present workable proposals. “We see 
  our role primarily as educational,” said Phoenix. “The problems are large, but 
  we are finding good solutions. The more we investigate, however, the more 
  urgency we see. Practical molecular nanotechnology may not be far away and we 
  must not be caught unprepared.” 
   
  “The potential dangers are ominous, and the possible benefits are enormous,” 
  added Treder. “The human race can’t afford to do this wrong.”  
 
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