Leader in R&D in Medical Devices Honored with IRI's 2008 Achievement Award

Founder and President of DEKA Research and Development Corporation Recognized for Stellar Contributions to the R&D Industry

Boca Raton, FL - For inspiring creativity at DEKA, focusing on technologies that enhance the quality of life, developing medical devices and other products that expand the frontiers of health care worldwide, Dean Kamen, founder and president of DEKA Research & Development Corporation, Manchester, NH, has been awarded the national Industrial Research Institute (IRI) Achievement Award. The honor will be presented May 14 during IRI's Annual Meeting, Micro Trends Creating Opportunities, May 12-15, Boca Raton Resort & Club, FL.

IRI represents senior executives from a wide range of industries whose member companies invest more than $70 billion annually in R&D worldwide. Established in 1973, the IRI Achievement Award is given to honor outstanding accomplishment in individual creativity and innovation that contribute broadly to the development of industry and to the benefit of society.

“We are honoring Dean Kamen not only for his stellar leadership in medical device research and development, but also for his tireless dedication to motivating the next generation to understand, use, and enjoy science and technology through the nonprofit organization, FIRST, that he founded,” said Edward Bernstein, President, IRI.

Kamen holds more than 440 U.S. and foreign patents for devices including the first wearable insulin pump for diabetics, a portable peritoneal dialysis machine, the INDEPENDENCE® IBOT® Mobility System, and the Segway® Human Transporter. These advances allow healthcare professionals to deliver superior care; and enable people to live better lives with more mobility and freedom, and less discomfort

“I am honored to be recognized by my peers,” said Mr. Kamen. “I hope that all industrial research scientists around the globe continue to develop not just products, but products that can quite literally improve the quality of people's lives.”

Throughout his career, Kamen has conducted research and development resulting in products that improve the quality of life for others. He culminated his desire to give back in founding FIRST (For Inspiration and Recognition of Science and Technology), an organization dedicated to encouraging young people to appreciate science and technology.

Mr. Kamen was elected to the National Academy of Engineering in 1997, received the Heinz Award in 1998, and was awarded the National Medal of Technology in 2000. In 2002, he received the Lemelson-MIT Prize, and was inducted into the National Inventors Hall of Fame in May 2005.

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About the Industrial Research Institute
The Industrial Research Institute (IRI) is the foremost business association of leaders in research and development (R&D) working together to enhance the effectiveness of technological innovation in industry. Founded in 1938 through the National Research Council, the IRI comprises senior executives from a diverse range of industries whose member companies are investing over $70 billion annually in R&D worldwide. The IRI is the leading cross-industry organization providing the R&D community with insights, solutions and best practices in innovation management developed through collaborative knowledge creation.