February 13, 2006, Washington, D.C. In a ceremony at the White House today, President George W. Bush presented to PACCAR the National Medal of Technology. Established by Congress in 1980, the National Medal of Technology represents the nations highest award for innovation, recognizing the significant contributions that Americas leading innovators make to the nations economic strength and technology advancements.
PACCAR earned the National Medal of Technology for its leadership in the development of aerodynamic, lightweight commercial vehicles which have dramatically reduced fuel consumption and increased the productivity of freight transportation. On behalf of PACCARs 22,000 employees, we are honored to be the 21st company, since 1980, to earn the nations most prestigious technology award, said Mark C. Pigott, chairman and chief executive officer. PACCAR is entering its 101st year and the National Medal of Technology provides a wonderful springboard to accelerate the companys new aerodynamic product introductions including our active hybrid vehicle programs and industry-leading environmentally friendly Clean Power onboard energy management systems.
PACCAR is a $14 billion global technology leader in the design, manufacture and customer support of high-quality light-, medium- and heavy-duty commercial vehicles under the Kenworth, Peterbilt and DAF nameplates. It also provides financial services, information technology and distributes truck parts related to its principal business. PACCAR shares are traded on the Nasdaq Stock Market, symbol PCAR, and its homepage can be found at www.paccar.com.
The National Medal of Technology laureates highlighted here were recognized by President George W. Bush in a White House ceremony February 13, 2006:
PACCAR Inc, Bellevue, WA. PACCAR is being recognized for its pioneering efforts and industry leadership in the development and commercialization of aerodynamic, lightweight trucks that have dramatically reduced fuel consumption and increased the productivity of U.S. freight transportation.
Gen-Probe Inc., San Diego, CA. Gen-Probe is being recognized for the development and commercialization of new blood testing technologies and systems for the direct detection of viral diseases.
Microelectronics Division of IBM, New York, NY. The Microelectronics Division is being recognized for over four decades of innovation in semiconductor technology, including the development and introduction of the DRAM cell, copper wiring, silicon on insulator (SOI) technology, and high speed silicon germanium devices.
Industrial Light & Magic, San Francisco, CA. ILM is being recognized for over 28 years of innovations in visual effects technology for the motion picture industry.
Motorola, Inc., Schaumburg, IL. Motorola is being recognized for over 75 years of technological achievement and leadership in the development of innovative electronic solutions, which have enabled portable and mobile communications to become the standard across society.
Ralph Henry Baer, Engineering Consultant Manchester, NH. Mr. Baer is being recognized for his groundbreaking and pioneering creation, development, and commercialization of the world of interactive video games. His efforts have helped spawn huge industries in both entertainment and education.
Roger Lee Easton, RoBarCo, Canaan, NH. Mr. Easton is being recognized for extensive pioneering achievements in spacecraft tracking, navigation and timing technology that led to the development of the NAVSTAR-Global Positioning Systems (GPS).