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DAILY NEWS AND INFORMATION FOR THE GLOBAL GRID COMMUNITY / JULY 14, 2003; VOL. 2 NO. 28

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Special Features:

£2M EURO AID FOR GRID SUPERCOMPUTER

Larry Neild has reported in The Daily Post that Liverpool reserchers will soon be given £2m in European funding to help develop advanced Grid computing capability.

The Objective One grant is being made to the Advanced Internet and Emergent Systems Institute (AIMES) at the University of Liverpool.

The move will create up to 175 jobs, mostly based at a new science park being developed alongside the Metropolitan Cathedral.

The new system will help businesses capitalise on cutting-edge research into so-called 'grid' technology.

This will be done by using technology so that a computers can 'borrow' spare capacity from other computers enabling big documents to be quickly handled and accessed without crashing systems.

The institute will help companies harness spare computer processing power and tap into a virtual supercomputer through the internet.

It will also help them develop new business models, which could have the same impact as e-commerce.

More than 40 companies on Merseyside alone are expected to be using software created through the project by 2007.

The government's ICT Minister Stephen Timms, announcing the Objective One grant, last night told the Daily Post: "This project will provide an important boost for the Merseyside economy -- more than 125 jobs could be created in this first development phase alone. The internet is revolutionising the way companies everywhere operate. We must grasp this opportunity to place businesses on Merseyside at the cutting edge.

"The regeneration of this region is gathering pace. We must look to this and other innovative projects to ensure that the momentum is carried forward in the future."

Hundreds of Merseyside's top companies will be invited for talks with the institute about applying the technology over the next 18 months.

The institute believes that 125 jobs in grid software development and new grid-based businesses will be created as a result, along with work for 50 support staff.

A new purpose-built research centre for the AIMES project will be ready in 2004, bringing together 70 staff from development teams working on infrastructure, operating software, applications and new business systems.

The grid project will cost £16m over the next four years, including contributions from the Northwest Development Agency (£3.6m) and a further £9m from research sponsors and private industry.

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