Charles Redmond Headquarters, Washington, D.C. May 14, 1993 (Phone: 202/358-1757) RELEASE: 93-85 SOLICITATION ISSUED FOR TECHNOLOGY REINVESTMENT PROPOSALS The solicitation of proposals for the Technology Reinvestment Project was published today in the Commerce Business Daily and will be published early next week in the Federal Register. The Technology Reinvestment Project is a $471 million federal interagency effort to develop and deploy dual-use technologies and at the same time give a competitive advantage to American companies. The solicitation seeks proposals in a wide range of technological areas from companies and industry-university partnerships. Proposals are due by July 23, 1993. The overall goal of the project, which is part of the White House $1.7 billion Defense Reinvestment and Conversion Initiative, is to commercialize technologies developed in federal research and development laboratories. The project is structured to create new, high technology products, processes, and manufacturing skills that will lead to the creation of high quality jobs in the commercial sector that both enhance American competitiveness and make advanced military systems more affordable. Funding for the project comes from Defense Department funds. The project also has aspects which will work to develop and enhance engineering curricula at major universities and technical schools to meet the anticipated competitive challenges of this decade. - more - - 2 - NASA is participating in this project with the Department of Defense Advanced Research Projects Agency, the Commerce Department National Institute of Standards and Technology, the Department of Energy and the National Science Foundation. Representatives from each of the participating agencies constitute the review and selection panels for the proposals. Copies of the solicitation can be obtained by calling the Technology Reinvestment Project's 1-800-DUAL-USE (382-5873) number. Copies of the solicitation are available to the media at the Department of Defense Directorate for Defense Information, Room 2E765, Pentagon, (703/695-0192) and at the NASA Headquarters newsroom, 300 E Street, SW, Washington, D.C. (202/358-1600). - end -