ON, May 2 /CNW/ - The University of Waterloo
(UW) today announced receipt of another "magnificent" gift
from Ophelia and Mike Lazaridis.
and Mike Lazaridis have personally donated an additional
$17.2 million (incremental to their $33.3 million
donation last year). The additional gift will
fund three exciting and related initiatives:
75 per cent towards a shared new facility housing
the university's Institute for Quantum Computing
and Nanotechnology Engineering Program and
the remaining 25 per cent towards an endowment
to attract the very best foreign graduate students
involved in quantum studies. Each student will
receive a $20,000 scholarship from the endowment,
and a President's Graduate Scholarship equivalent
to full tuition, currently valued at $13,770.
Lazaridis is the university's Chancellor and the
Founder, President and Co-CEO of Research In Motion
(RIM) (TSX: RIM; Nasdaq: RIMM).
University of Waterloo is once again blessed
by our Chancellor's outstanding commitment to
our university's mission," said UW President
David Johnston. "This is a magnificent gift to
the university and will be used for developing
outstanding national programs, researchers and
grad students in quantum computing and nanotechnology
and I are grateful to be in a position to contribute
and we are proud to see this important
research happening within our community and country.
We believe accelerated research and education in
Quantum Computing and Nanotechnology
Engineering will change the technological landscape
and benefit mankind for generations to come."
Harding, outgoing Chair of UW board of governors,
generosity is without parallel and it ensures
that the University of Waterloo will continue
to be a major player in these critical areas
of scientific exploration. We are very grateful
for his vision and commitment, both for empowering
Waterloo and its future plans, and for helping
to ensure the nation's place among global leaders
in fundamental research."
for a new facility to house Quantum Computing and
Nanotechnology Engineering research and teaching
are already well underway. The new building will
be situated in the centre of the university's campus.
Quantum computing is one of the most important
new areas of technological research in the world.
It involves harnessing the power of atoms and building
quantum computers with transistors of atomic size.
believe this technology will aid many discoveries,
including unbreakable cryptography, unparalleled
high precision measurement devices, computers
with mind boggling power and a better understanding
of the microscopic world.
engineers and scientists assemble, manipulate and
control materials at the atomic and molecular scale
to fabricate structures, devices and systems that
have novel properties and functionality. Applications
include ultra-fast and high memory capacity
computers, new materials of incredible strength
and cell size probes for biomedical investigations.
attraction of students of the highest quality
to quantum research will give tremendous support
to creativity and research output in this field
of research, while also enhancing the capacity
of the Canadian economy through the infusion
of talent, new discoveries and potential commercial
spin-offs. For further information:
Martin Van Nierop, Director, UW Communications & Public
Affairs, (519) 888-4881; John Morris, UW Media
Relations, (519) 888-4435, email@example.com