SRL has a long and distinguished history of commercialization which has been recognized by various Government organizations and recorded in Congressional testimony. Evidence of this recognition include:

> Highest Commercial Achievement Index rating of 100% from the Department of Defense!

> SRL's outstanding commercialization successes was recently cited during a congressional hearing before the Subcommittee on Technology & Innovation by Mr. Jon Baron, Executive Director, Coalition for Evidence-Based Policy Council for Excellence in Government. The text of the testimony can be viewed at: Hearing on SBIR Program Reauthorization

> The National Research Council, in response to a Congressional mandate, conducted a review of the SBIR program and SRL's outstanding commercialization record was presented as key evidence of the success of the SBIR program. The report is available from The National Academies Press. An excerpt of the report by Jon Baron is provided below.

"As an example, he cited a DoD initiative led by Jacques Gansler to collect data whenever a company submitted a proposal for a new DoD SBIR proposal. The company would be asked to list all its previous Phase II awards, along with the sales, both commercial and DoD, that resulted from the awards and any additional investment the company had received. When that initiative was started, the database revealed that one company had reported over a billion dollars in sales. Officials were skeptical until they looked more closely and found that the company had in fact developed a new technology that increased the number of circuits on a computer chip by about 30 percent. The technology, which had been developed and licensed to another company to produce, was changing the state of the art in the industry and improving the computing power of virtually every commercial and defense system. It was an enormous success, and yet no one at the SBIR office had known about Science Research Laboratory, Inc. (SRL) of Somerville, Massachusetts, which licensed the technology to Cymer, Inc." - Jon Barton

Traditionally, SRL has licensed its technology to organizations that have the expertise, assets and history of successfully converting new technology to commercial products. Recently, to extract more value from the technology, SRL has spun-off Somerville Laser Technology (www.slt-lasers.com) to commercialize its high brightness laser diode (LD) technology. Such LD bars, when combined to produce kilowatts of optical power, have several material processing applications including soldering, cutting, and welding. These applications have a combined multi-billion dollar market that is growing at 20% annually. A LD bar is a single device containing many individual emitters, and as a result, emits considerably higher power per unit volume. Consequently a laser system that uses bars is much smaller in size, weight and cost than an equivalent number of single emitters if they are packaged properly. Somerville Laser Technology, using thermal management technology developed in part under DARPA funding, offers the highest power LD bars.

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SRL's commercialization strategy has always been to develop technologies under government and SBIR sponsorship and to transfer these technologies out into the private sector, principally by licensing its intellectual property (IP) to corporations that develop and/or improve products based on SRL's unique IP.
SRL has a world-class competence in solid-state pulsed drivers, electron beams, lithographic sources, optical metrology, pulsed-electric-field (PEF) technology and stem-cell-isolation technology. Investment by SBIRs and private developers will continuously advance the leading edge of these technologies. No competition is likely in these areas until SRL's patents expire in 2023. The surrounding patents should protect the core technology for two decades and beyond.

With a business model that is focused on converting technological opportunities into new products, SRL intends to maintain a technical core team of scientists and engineers who will develop its key technologies, while the company spins off the resulting commercial products for economic profit. This approach is consistent with the goals of the SBIR program, which is to fund small firms that are creative and develop innovative technologies, to be commercialized by the company or in collaboration with others. SRL has proposed technology programs to the government when it has found that the government's interest in developing technology coincides with SRL's interest in developing a commercially competitive product. SRL has enjoyed success in this regard by commercializing products in the areas of pulse power semiconductor lithography, optical diagnostics, interferometric instruments and electron beam processing.

The investment made by the SBIR program in SRL has been extremely successful. To date, the total government investment in SRL, through the SBIR system, has been approximately $40 million. In return for this investment, the products that have been sold over that same period of time has yielded well over a billion dollars, and the resulting job creation has been over 1000 employees.

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SRL has substantial experience in delivering state-of-the-art electronics, accelerators, X-ray sources and optical systems to various customers. These include:

SRL's excellent track record in commercializing technology has been recognized by DARPA in a publication entitled "Moving DARPA Technologies into the Marketplace," which highlights SRL's solid-state pulser technology. SRL is committed to bringing commercially viable, innovative technologies to the marketplace.