Logitech and EPFL Launch Innovation Incubator
LAUSANNE, Switzerland Feb. 13, 2007 Logitech and EPFL (Ecole Polytechnique Fédérale de Lausanne) today announced the creation of the Logitech EPFL Incubator. This collaboration will offer a select number of students and researchers each year, financial, educational and functional support to develop their innovative ideas into the significant technologies and personal peripherals of tomorrow.
Directed by Pascal Eichenberger, the new incubator formalizes the close relationship between EPFL and Logitech, which has existed since the days of some of the earliest computer mice, twenty-five years ago. The combination of vision, innovation, academic expertise and commercial know-how that both parties bring is expected to deliver significant innovation to Logitech´s future products.
A dozen or so student or research projects will receive financial and technological support each year and the opportunity to impact the way millions of consumers experience technology in years to come.
Daniel Borel, Logitech co-founder and chairman of the board, said: Logitech was founded with vision, passion and a commitment to innovation, and we were fortunate to have the support and faith of key partners. The Logitech EPFL Incubator aims to support innovation in just the same way, providing today´s talented young innovators the opportunity to make their visionary ideas a reality. I am delighted we can collaborate with the world-class EPFL to create this incubator a Petri-dish for innovation.
Patrick Aebischer, EPFL president, said: This incubator introduces a new model that creates an extremely efficient exchange between our laboratories and a very competitive company. It stimulates a combination of research, the transfer of technology and training, and demands results and unique creativity. Daniel Borel and Logitech provide a remarkable example for EPFL and all its students.
A former EPFL student´s echo-cancellation technology is one example of the kind of innovation the Logitech EPFL Incubator is expected to produce. The technology which eliminates echoes when people are communicating with friends and families over the Internet now exists in Logitech´s most advanced webcams, speakerphones and PC headsets sold around the world.
Future projects are likely to focus on several key areas of technological innovation: energy (creating, managing and storing it), wirelessness, materials (from polymers, to composite and organic materials), miniaturization and humanization (bringing people and technology together in a more natural way).
About EPFL (Ecole Polytechnique Fédérale de Lausanne)
EPFL is one of two Swiss Federal Institutes of Technology. With more than 10 000 people on its campus it is well known for its rapid research and development, its flexibility and its capacity for innovation. It is uniquely organised to contribute to emerging new areas of scientific interest and to spectacular scientific undertakings, such as the first solar-powered aeroplane flight around the world and victory at the last America´s Cup. EPFL is also, notably, a national competence center in research for mobile information and communication systems.
Logitech is a world leader in personal peripherals, driving innovation in PC navigation, Internet communications, digital music, home-entertainment control, gaming and wireless devices. Founded in 1981, Logitech International is a Swiss public company traded on the SWX Swiss Exchange (LOGN) and on the Nasdaq Global Select Market (LOGI).
# # #Logitech, the Logitech logo, and other Logitech marks are registered in the United States and other countries. All other trademarks are the property of their respective owners. For more information about Logitech and its products, visit the company´s Web site at www.logitech.com.