Dear Colleague:

In the recent US News & World Report rankings for national universi-ties, Stevens climbed ten positions to #71 – rising farther, faster, thanany other university in the National Top 100. In 2005, retention andgraduation improved significantly, contributing to the higher stand-ing. Stevens is now, in the category of Actual Graduation, ranked 58,up from 83 in 2004. Ranked 39th in SATs, Stevens continues toattract the most talented students in the nation.

The important work of our faculty, the impressive achievements ofour students, the professional dedication of our staff, and the exem-plary commitment of our alumni have all contributed to a most suc-cessful 2004-05 academic year. I am honored to serve as president atthis exciting time in the ascent of Stevens among the nation’s topresearch universities. I am especially proud of those extraordinaryindividuals that contribute to our campus as a dynamically vibrantcenter for learning and creative activities.

Our collective goal is to continue the nurturing of our unique campusenvironment.

Technogenesis® cultivates that high degree of inventiveness whichenables faculty and students to connect the pioneering progress theyachieve in their fields with products and services that are valued bybusiness, industry and society as a whole. In the year just passed,Technogenesis has shown its value-added impact for our students, fac-ulty, industry partners, the Institute itself, and the world at large. It isno accident that Stevens was ranked in late 2004 by The PrincetonReview as standing among the nation’s “most entrepreneurial campus-es.”

The major goal of Stevens' vision for growth is to ensure theInstitute's continued ascendancy as a leader in research and educationwhere scholars in many fields of endeavor are focused on creatinglandmark advances and finding innovative solutions to critical needsof our nation and global society. All indications as we begin the newacademic year buttress expectations of great things to come throughfaculty and student achievements.

In our sponsored research, the faculty and research centers have madeimpressive gains. For the fiscal year ending June 30, 2005, more than$30 million from external resources was expended on research, com-pared to $25 million as of June 30, 2004. This bodes well for ourlong-term goal of further growth to $50 million by the end of thisdecade. New research initiatives have been undertaken to build rapid-

ly on the wealth of expertise that characterizes our outstanding facul-ty. Efforts in biomedical engineering, nanoscale technologies, cybersecurity, mathematical cryptography and network security, as well ascomputer modeling for more secure ports and harbors, have all addedto Stevens’ renown as a wellspring of ideas and applications. Theircritically important work has implications well beyond the communi-ty of our campus.

Our Office of Institute Technology Initiatives negotiated the first saleof a Stevens Technogenesis company, HydroGlobe, making commer-cially available worldwide a heavy-metals filtration technology to puri-fy drinking water, developed by researchers at the Center forEnvironmental Systems. The sale also resulted in financial rewards forStevens; a concurrent licensing agreement will provide patent royaltiesto Stevens for years to come, allowing the Technogenesis cycle to

Stevens Institute of TechnologyCastle Point on HudsonHoboken, NJ 07030

Office of the President

September 2005

...continued on back

Achievements and new arrivals in the three academicschools

Institute Technology Initiatives and the Year inTechnogenesis

Student accomplishments in, and beyond, the classroomand laboratory

New Leadership at the Institute

The Stevens BoT and its advances in governance

Inside

“In the recent US News & World Report rankings fornational universities, Stevens climbed ten positions to#71 – rising farther, faster, than any other university

in the National Top 100.”– Hal Raveché

Stevens Institute of Technology’s Board of Trustees is moving forwardwith the adoption of the current best practices for the stewardship ofnon-profit academic institutions. Some longstanding committees havebeen replaced, others have been refocused with newly drafted chartersand expanded missions. Faculty, staff and trustees have participated inthis process in our effort to expand communication and cooperationbetween the Board and the full spectrum of the Stevens community.In addition, review and revision of Stevens' Bylaws and Conflict ofInterest policy has been undertaken, along with an expanded Code ofEthics for the entire Institute, which will now apply to administrators,faculty and staff, in addition to trustees.

Among the newly founded Trustee Management Committees arethose facilitating Strategy, Human Resources, Nominating andCorporate Governance, and Faculty and Staff Relations. The HumanResources Committee replaces the former Compensation Committee.The Alumni Affairs Committee has adopted a new charter.

Among the Financial Committees, the Audit and InstituteDevelopment Committees are newly chartered. The Finance andInvestment Committee will consist of two co-chairs overseeing theSubcommittee on Finance and the Subcommittee on Investment. The

latter subcommittee will be concerned with endowment managementand growth.

Newly chartered Operational Committees include the InstituteFacilities Committee and the Technology CommercializationCommittee; the latter will feature a significant new charter and relatedinvestment policy. The Enrollment and Student Life Committee willoversee the activities of three subcommittees: the Subcommittee onUndergraduate Students, the Subcommittee on Master’s andProfessional Education Programs, and the Subcommittee on theInstitute’s Educational Environment. The Committee on Academewill also be structured to contain three designated subcommittees: theSubcommittee on Strategy: Technogenesis & Stevens as a ResearchUniversity; the Subcommittee on Faculty Excellence: Teaching,Research, Inventiveness and Post -Tenure Review; and theSubcommittee on Curricula and Academic Disciplines.

With these new structures in place, the Board of Trustees will be in anenhanced position to guide Stevens forward in its mission to educate, tocreate new knowledge, and to contribute to the betterment of society.

BOARD OF TRUSTEES

replicate, accruing to the benefit of both the Institute and society.Earlier the Center for Environmental Systems, using related technolo-gy, was instrumental in helping remediate well water in Bangladeshthat was contaminated with arsenic.

Our Wireless Network Security Center was the recipient of an impres-sive fifth major grant from the National Science Foundation, and hascontributed to the founding of an exciting new wireless technologyventure, Attila Technologies LLC.

SINTEL - the Secure Infrastructure Technology Lab - was founded toaggregate the many brilliant faculty efforts now under way at Stevensto protect the integrity of our ports and harbors from potential terror-ist attacks or efforts to disrupt our economy and the commercial sup-ply chain.

Students and young alumni continued to apply for patents in technol-ogy applications that they helped to create through the Senior Designand Technogenesis Scholars programs. Impressively, one biomedicaldevice for detecting sources of pain in the body is expected shortly toundergo clinical trials at a New York City medical center.

The Lawrence T. Babbio, Jr. Center for Technology Managementdrew near completion, promising the most up-to-date facility tohouse the increasingly honored Wesley J. Howe School of TechnologyManagement. Accolades for The Howe School included an award asone of the “world’s elite research institutions” by the InternationalAssociation for Management of Technology, and a placement byOptimize magazine in the Top Five in the US for educating executivesin the management of technology.

Our graduate Telecommunications Management program awardedStevens degrees to 21 students in China through a joint agreementwith the Beijing Institute of Technology (BIT); other graduate pro-

grams are being initiated at BIT and at several other universities inChina, with extensive involvement from our award-winningWebCampus.Stevens.

The culture of the Scholar-Athlete at Stevens continued to expandand acquire new dimensionalities, as our academically outstandingDivision III athletes experienced their most successful season ever,with a first-year student bringing home Stevens' first NationalChampionship, which is in equestrian competition.

As a testimony to our alumni, annual giving to Stevens reached newhighs, with the Edwin A. Stevens Society breaking the 500-memberbarrier for the first time in its history.

Finally, the Board of Trustees in its efforts to comply with the bestpractices of governance at not-for-profits developed new Board com-mittees and new charters for Board committees which will enhancethe future governance of the Institute. In addition, the Board willcontinue its outreach to faculty and staff through the new BoardCommittee on Faculty and Staff Relations as well as other avenues ofcommunication.

This annual letter highlights some of the outstanding contributionsmade by our faculty, students and staff. As always, I welcome you toconsider partnering with us in our growing research and educationinitiatives.

Sincerely yours,

Harold J. RavechéPresident

continued from front cover

2

PRESIDENT’S LETTER 2005

Under the guidance of the Vice President forFacilities and Support Services, HenryDobbelaar, Stevens is looking forward to thedebut of several major facilities over the nextyear.

Scheduled to open its doors in the fall of2005, the Lawrence T. Babbio, Jr. Center forTechnology Management, a six-story, 95,000square-foot structure, will serve as the newsignature headquarters for the Wesley J. Howe

School of Technology Management, along with other Stevens depart-ments and research centers.

The construction of this premier facility was made possible by a gen-erous personal gift of $6 million from Lawrence T. Babbio, Jr., theVice Chairman of Verizon and the Chairman of the Board of StevensInstitute, and an additional $18 million in contributions from strongStevens supporters, including Verizon, Lucent, AT&T, the State ofNew Jersey and other esteemed Stevens alumni.

As the home of The Wesley J. Howe School, The Babbio Center willfurther reinforce Stevens’ global presence in the field of technology-management education and research.

Now under construction, The River Terrace Apartments complex willopen in late spring 2006, ready to accommodate upward of 200undergraduate residents.

The renovation and expansion of the world-renowned high-speed test-ing tank in the Center for Maritime Systems’ Davidson Laboratorywill provide Stevens with the most modern facility in the world fortesting naval architectural design and large-scale environmental andocean engineering projects. Re-opening of the facility is slated forearly 2006.

Finally, the renovation of the fourth-floor of the Edwin A. StevensBuilding has provided a much-needed modern suite of offices andconference facilities for the Dean of Engineering and the SchaeferSchool’s administrative staff.

FACILIT IES

VP Dobbelaar

THE HOWE SCHOOL OF TECHNOLOGY MANAGEMENT

This is an exciting time at The Howe School. It was named amongthe ‘Top Five in the Nation’ for its graduate education by the execu-tive readership of Optimize magazine. Most strikingly, theInternational Association for the Management of Technology(IAMOT) recognized Howe as one of the top TechnologyManagement Programs in the world at the IAMOT annual meetingin Vienna, Austria. Further recognition came as SAP named theschool a Center of Excellence in Business Process Innovation, onlyone of five such centers worldwide

The Business and Technology (B&T) program graduated its secondclass. Nationally, the starting salaries of business majors tend to be lessthan those of engineering and science graduates. However, StevensB&T graduates are very much on par with engineering and computerscience majors, given an average starting salary of $54,000. B&T wel-comes 60 new freshmen this year, now bringing the total programstudent body to 200 strong.

The B&T program prepares a whole new kind of graduate for theworkforce of the 21st century. These young people know exactlywhere they want to go when they graduate, exactly how to get there,and how to handle major responsibility when it’s entrusted to them.They are among the most savvy and sought-after graduating seniorsfor mid-level executive positions in telecoms, pharma and the finan-cial industry – as well as by any firm where the understanding andmanagement of both business and technology is crucial, and wherethe intersection of the two is appreciated as mutually reinforcing.

On the graduate level, a unique MBA program in TechnologyManagement, directed by Dr. Murrae Bowden, graduated its firstclass. The school introduced new programs in Management ofInformation Systems, directed by Dr. Jerry Luftman, in areas ofOutsourcing, Legal Compliance (Sarbanes-Oxley) and Cyber Security,and a program focused on Technology Management in the pharma-ceutical industry, directed by Dr. Joel Dobbs, was also debuted. Theschool also added new talent and capability in key research areas forStevens, including the new Center for Decision Technologies, directedby Dr. Jeffery Nickerson.

On a global scale, in combination with WebCampus.Stevens, Howegraduated Stevens’ first master’s degree students in China, at BeijingInstitute of Technology (BIT). Under the direction of Dr. AudreyCurtis, the graduate program in Project Management will soon beoffered at BIT as well. In the fall, the Howe School as a whole willmove into a state-of- the-art facility, the Lawrence T. Babbio, Jr.Center for Technology Management.

In June, an important transition occurred with the departure of DeanJerry MacArthur Hultin, who was selected to serve as president ofPolytechnic University in New York.

During his five years at The Howe School, Hultin oversaw the expan-sion of new graduate programs in technology management in theNew York/New Jersey metropolitan region, as well as nationwide andglobally; he also presided over a major increase in research funding,and the successful inauguration of the undergraduate program inBusiness and Technology.

At Stevens, Hultin promoted government research interest in Stevens’technologies for homeland security and military defense. Hultin alsoled a much-cited September 2004 research study, titled “Securing thePort of New York and New Jersey: Network-centric OperationsApplied to the Campaign against Terrorism.”

Upon Hultin’s departure, I was pleased to appoint Associate Dean LexMcCusker as Acting Dean of The Howe School. A long-time execu-tive at AT&T, McCusker brings a history of high-level technologymanagement responsibilities and project oversight, principally in thefield of telecommunications. He is an expert in the areas of operationsand logistics; general management and change management; strategicplanning, analysis and implementation; and organizational develop-ment and communications.

During the search for a new dean, I look forward to working withActing Dean McCusker in continuing to build the distinctive gradu-ate and undergraduate programs at The Howe School.

New Additions to Faculty

Joel H. Dobbs joins the Howe School as itsExecutive in Residence and Program Director,Pharmaceutical Technology Management.Previously, Dobbs was Vice-President,Research Information Services and Global ITStrategy and Compliance, for Schering-Plough Corporation before he retired in 2004.At Schering-Plough, he was responsible for all

Within a decade of its founding, The Wesley J. Howe School ofTechnology Management has become a nationally recognized

leader in Technology Management education and research.

Acting Dean McCusker

Dr. DobbsThe new Schaefer School Faculty & Dean's Complex, 4th floor,

EAS Building, which had been unused for decades.

In the Office of Development and ExternalAffairs, after two successful, back-to-backfive-year capital campaigns, long-time VicePresident Jim Snyder accepted an appoint-ment as Special Assistant to the President.Stepping in as Acting Vice President forDevelopment and External Affairs is

Marjorie Everitt, afamiliar presence toour faithful alumniand major donors. Sheis currently overseeing the historic growth ofthe Edwin A. Stevens Society, which brokethrough the 500-member barrier for the firsttime this year. She and her team are buildingstrategies to develop new levels of support andrecognition for Stevens’ programs, faculty andfacilities.

A sterling financial operations team has come on board to ensureeffective management of the gains made during a decade of rapidgrowth. In March 2005, Stefano Falconi assumed office as Stevens’Vice President of Finance, Treasurer and Chief Financial Officer. Heis now in the process of creating the necessary financial mechanismsand controls to guarantee that future growth can proceed apace.

Falconi’s experience includes positions of responsibility HarvardUniversity, MIT, and Carnegie Mellon University. Falconi has a J.D.

degree from the University of Padua, was a NATO Fellow atCambridge University, and received a MBA at the Harvard GraduateSchool of Business Administration. His extensive experience includesbudgeting, research accounting, informationsystems and business processes, monitoringexpenses and revenues, and managing finan-cial controls.

A member of Falconi’s team is MichaelD’Onofrio in the position of Controller.D’Onofrio, who had served as interim CFOprior to Falconi’s arrival, is a results-drivenexecutive with a proven record of managing

multi-million-dollarbudgets, reducing costsand streamlining operations. Previously heoversaw the finances of a $170 million-rev-enue company; and prior to that, he startedup and managed a nationwide financialshared-services center and staff of 60.

Douglass Horr just arrived and brings strongcredentials for the role of Institute Auditor.He previously served as Senior Auditor,Internal Audit Department at Rutgers

University, where he also held the positions of Project Team Lead forRutgers Integrated Administrative System, and Senior ExecutiveAssistant, Office of the VP for Administration.

N E W L E A D E R S H I P

Acting VP Everitt

VP Falconi

Mr. D’Onofrio

VP Snyder

In the term just concluded theInstitute conferred degrees uponthe largest undergraduate andgraduate classes in its history.Under the leadership of VicePresident for UniversityEnrollment and AcademicServices Maureen Weatherall, weare looking at the largest incom-ing class of freshman ever in thefall – more than 500 students

enrolled and headed to campus. At the same time, we areable to be more selective than ever in our approach toadmissions.

The Stevens tradition of entrepreneurialism and inven-tion, originating with the Institute’s founding family, wasfully on display this year as well. Stevens graduating sen-iors continued to turn out more examples of patentabletechnologies.

Our Division III athletics program is attracting extraordi-nary young scholars – 160 freshmen alone will participatein a team sport – and our division ranking is rising fast.

Indeed, for the first time since the inception of the award,Stevens finished among the top 50 schools in the UnitedStates Sports Academy Division III Directors’ Cup. Withfive teams qualifying for the NCAA Tournament this pastyear and four advancing past the first round, Stevensearned its highest-ever finish at 46th, marking the mostsuccessful year in the history of athletics at the institu-tion.

Stevens also had its first national champion in the formof Equestrian Team member Kerri Rettig, who as a fresh-man finished first in the Intermediate on the Flat at the2005 Intercollegiate Horse Show Association NationalChampionship Show held in May.

This combination of intellect and talent in athletics, asevidenced by Stevens students, is a hallmark of the talent-base needed for the US to compete in the global econo-my – tech-creative students who excel in the fields of aca-demics, technical achievement and in leadership andteam-building through athletics.

As a sign of young alumni dedication emerging from thisconstituency, within a year of their graduation, scholar-athletes Allison Donnelly, Lindy Gibbons, GiuseppeIncitti, and Brian Lalli, all Class of 2004, took the timeto establish a new and exciting alumni organization – theStevens Varsity “S” Alumni Club.

The four founders will assume positions on the ExecutiveBoard along with other volunteers. With their advisor,Athletics Director Russ Rogers, they will help withorganization and setup of specific self-sponsored eventsthat promote Stevens athletics and alumni activities. Theclub as a whole, say the organizers, “will aid, when need-ed, with recruiting, fund-raising, forums for prospectivestudents, and other events.” The club will also “promotethe overall culture of Stevens athletics, as well as modelthe success rate of students moving into the professionalworld,” said the founders.

Dr. Norman Marcus, a well-known pain managementphysician at NYU Medical School, worked in collabora-tion with Team MECCo, one of our 2005 Biomedical

Engineering Teams in SeniorDesign. Together, they designedand built a device to facilitate anew high-tech method for diag-nosing and treating pain. (SeeSPOC, “Institute TechnologyInitiatives.”)

Team MECCo’s achievementrepresents just one of thepatentable technologies toemerge from the Stevens 2005Senior Design program.

PRESIDENT’S LETTER 2005

information technology for the Schering Plough Research Institute aswell as for strategy and IT regulatory compliance globally. Dobbs’professional experience prior to joining Schering-Plough includes 12years with Glaxo, Inc., in various management and executive positionsin regulatory affairs, medical services and information services. Healso served a professor of pharmacy at Samford University inBirmingham, Alabama. Dobbs is the author of numerous scientificand technical publications and frequently speaks at industry-relatedseminars and conferences. He has served on many boards and com-mittees, including the Compaq Computer CorporationPharmaceutical Advisory Board, the Digital Equipment CorporationPharmaceutical Advisory Board, the PhRMA/FDA InformationManagement Working Group and the PMA Safety SurveillanceCommittee. Dr. Dobbs represented the pharmaceutical industry onthe steering committee for the Industry Coalition on Part 11, whichworked with the FDA to successfully revise the guidance for compli-ance with this regulation.

Dobbs received a doctorate in pharmacy from the University ofTennessee (1976), a Master of Public Health from the University ofAlabama in Birmingham (1982), and a Bachelor of Science degree inpharmacy from Samford University (1975). He has also completedexecutive programs at Duke University’s Fuqua School of Businessand Massachusetts Institute of Technology.

Elliot Fishman joins the Howe School as anIndustry Associate Professor. Before coming toStevens, Fishman was an Adjunct Professor atNew York University’s Stern School of Businessin the Executive MBA Program. He was theFounder and President of Astrina Capital,LLC, a consulting firm involved in advising ontechnology commercialization, and he alsofounded and managed the New York office ofAdvantage Capital Partners, LP, a $440-millionnational venture capital fund. In addition,Fishman directed the product group leading to a successful IPO atDoubleclick, Inc., and served as Vice President of TechnologyManagement & Funding, LP, a technology consulting firm.

Fishman’s main areas of research interest are technology managementand innovation, commercialization of new ventures, technologyassessment and valuation of intellectual property and venture capitaland governance of new enterprises. His numerous publicationsinclude “Securitization of Intellectual Property” and “EquityValuations in Technology Transfer,” which both appeared inTechnology Access Report.

Fishman holds a doctorate from the University of Pennsylvania (1996)and a MBA from the University of Pennsylvania’s Wharton School(1994). He received his BSE in Electrical Engineering from DukeUniversity (1986).

Jan Klein joins the Howe School as an Instructor. Professionally, hehas been involved in many areas of capital development, controller-ship, investments and investor relations, business development andmarketing and sales. Among his accomplishments, Klein has support-ed the $13.5 million in series B and C round for a fables semi-con-ductor firm (2002-2003), raised approximately $1 million in seedfinancing

for a WiFi software company (2002), created an entrepreneurialfinance teaching program at Fairleigh Dickinson University (2001 and2002), developed budgets/accounting records and financial reports forprivate companies as an interim/part-time CFO and managed nation-al revenue quotas, branch budgets and the compensation program fora $14-billion division of a large telecom. He also lead the financialteam in all phases of the AT&T $12.6-billion acquisition of McCawCellular, built business and financial plans that supported partnershipinitiatives between early-stage firms and large cap domestic and for-eign companies and managed a $60-million annual advertising budgetfor new product introductions, usage stimulation and competitive winbacks. He has held multiple marketing positions in sales planning,promotions and advertising in telecom and high-tech segments andwas the lead equity analyst at a major Wall Street institution sellinghigh-tech and service provider stock recommendations. Klein found-ed, co-founded or advised on a number of early-stage corporate for-mations and is a frequent presenter at industry forums and analystsmeetings. He holds an EMBA from Cornell University (1987), aMBA in Finance & Investment from George Washington University(1972) and a BS in Aerospace Engineering from Pennsylvania StateUniversity (1972).

Peerasit Patanakul joins the Howe School asan Associate Professor and PostdocturalFellow. Patanakul earned a doctorate inSystems Science/Engineering Managementfrom Portland State University in 2004. Hisresearch centered on the development of adecision-support model for assigning multipleconcurrent projects to project managers.

Patanakul’s work has been widely published.His research interests focus on project manage-ment, new product development, and strategic management.He is amember of the Project Management Institute, IEEE and ProfessionalEngineer, Engineering Institute of Thailand, and serves as theConference Coordinator for the Project Management Track for theInternational Conference on Management of Technology. In additionto his doctorate Patanakul holds a Master of Science degree inEngineering Management from Portland State University (2000), anda Bachelor of Engineering degree in Chemical Engineering fromChulalongkorn University, Bangkok, Thailand (1995).

Dr. Patanakul

Dr. Fishman

STUDENT ACHIEVEMENT

VP Weatherall

Lindy Gibbons

Giuseppe Incitti

Allison Donnelly

Prof. Yan Meng with student and intelligent light-sensitive robot.3

Brian Lalli

Kerri Rettig

THE SCHAEFER SCHOOL OF ENGINEERING

Well prior to the US Nanotechnology Initiative of 2001, engineersand scientists at Stevens were performing distinguished and highlyrecognized funded research in the fields of nanotechnology andmicrotechnology. Since 2001, with growing federal support and newfaculty added to strengthen work in interdisciplinary focus areas,greater strides are being made each year.

Dr. Henry Du and his broad-spectrum research team havepioneered work on the integration of photonic crystal fibers(PCFs) with nanoscale technologies that will potentially leadto robust chemical and biological sensing devices. TheNational Science Foundation has funded Du’s team to pur-sue their multidisciplinary project. Using molecular andnanoscale surface modification, state-of-the-art laser tech-niques, and computer simulation, their research seeks toenhance the prospects of PCF sensors, sensor arrays, andsensor networks for diverse applications such as remote anddynamic environmental monitoring, manufacturing processsafety, medical diagnosis, early warning of biological andchemical warfare, and homeland defense. The other Stevensresearchers include Professors Kurt Becker, ChristosChristodoulatos, Hong-Liang Cui, Rainer Martini,Xiaoguang Meng and Svetlana Sukhishvili. The project is conduct-ed in collaboration with OFS Laboratories, a world leader in fiberoptic research.

At the New Jersey Center for MicroChemical Systems, Dr. AdeniyiLawal's team is currently demonstrating two novel microreactor-basedprocess intensification concepts for on-demand, on-site, energy effi-cient, and cost-effective chemical production. Both projects are fund-ed by the US Department of Energy to develop and deliver advancedtechnologies that increase energy efficiency, improve environmentalperformance, and boost productivity. The Lawal team's ingenious pro-totypes for microchannel reactors stand to revolutionize the produc-tion and delivery process for highly volatile, widely used industrialchemical compounds, such a hydrogen peroxide.

Dr. Matthew R. Libera leads the Microstructure Research Group and

is director of the Electron-Optics Laboratory. Libera’s group has beenusing electron microscopes not only as materials-characterization toolsbut also as materials-processing tools. High-energy electrons can mod-ify the structure and properties of polymers, and because electrons canbe focused by a microscope into fine probes with nanoscale dimen-sions, electron microscopes can be used to pattern polymers intonanostructures. Libera’s work on nanohydrogels holds implications forthe eventual production of the next generation of protein microarrays, which can be used to establish the function of various genesthat become active during cancer, disease, and aging processes.

These are just a few of the exciting nano- and microtechnologyresearch projects now under way at The Schaefer School.

Among Technogenesis projects, Dr. R. Chandramouli used a SmallBusiness Technology Transfer (STTR) grant from the US Air Force

Research Lab to develop a commercialsoftware product, based on hisresearch in steganalysis, or the detec-tion of hidden digital information, toautomatically scan e-mails and webdownloads for hidden messages.Chandramouli received the STTR

A bold new world of engineering has opened up, and at TheCharles V. Schaefer, Jr. School of Engineering, under the leader-ship of Dean George Korfiatis, a burgeoning network of researchon the nanoscale has only begun to hint at the future benefits that

will yield over time.

A discussion with the microchemical team at Stevens.

PRESIDENT’S LETTER 2005

Stevens Multi-Media was created by students in the music technologyand technology management programs at Stevens, with the encour-agement of Mr. David Musial. A part of Stevens Multi-Media isCastle Point Records, and the students have already produced a CD,with sounds of exciting new bands, that will be sold this fall. The pur-pose of the company is to provide a learning experience for studentsdesiring to enter the music media field, and current students are elect-ed its officers.

SPOC also illustrates the entrepreneurial spiritthat has inspired Stevens’ students. SPOC isbased on a patent pending medical device thatwas developed as the senior project of RyanStellar, Daniel Silva and Jeckin Shah, underthe guidance of Professor Vikki Hazelwood.These students are the founders of the compa-ny together with Dr. Marcus, a pain manage-ment physician at NYU Medical Center,whose methodology motivated the creation ofthe device. This device can locate the precisepoint of muscle pain and can help prevent

unnecessary surgeries or treatments. Clinical trials will begin this fall.Physicians, sports teams, physical therapists have already been inquir-ing when the product will be available.

Castle Point Scientific, the most recently formed start up, will provideultra sensitive optical sensors and the associated customized system forultimate protection in border and perimeter security. The patentpending sensors, developed by Professor Hong Cui the companyfounder, are based on nanotechnology-enabled photonic crystal fibers,which provide orders of magnitude improvement in detection sensi-tivity over mechanical approaches. This sensitivity enables the sensorsto easily distinguish between different types of vehicles and alsoreduces false alarms. The same sensor technology can be used foradditional applications such as intelligent wells – oil exploration andwell-monitoring – as well as for monitoring structural integrity ofstructures such as bridges.

The Office of Sponsored Research, the func-tion of ITI that provides support services tofaculty and staff for contract and grants as wellas the financial services for billing and invoic-ing has experienced a significant reorganiza-tion during FY ‘05. Dr. Wisniewski promotedRon Abraham and Lisa Farese to DeputyDirectors, and hired a new Director, GlennDavis. In addition, Dr. Wisniewski installednew institute wide software to streamline bothpre and post award phases and ensure compli-ance with government filings. This restructuring has been a factor inthe research growth and will play an important role in its continuedgrowth.

The new Institute five-year growth plan, and our proven track record,position Stevens well for achieving its goal of $35 milllion in researchrevenues in FY ‘06.

Prof. Hazelwood

Mr. Davis

The Stevens Nanosensor Group: Professors Martini, Du, Sukhishvili, Cui, Becker, Christodoulatos & Meng

Dr. Wisniewski with the SPOC Team at the Technogenesis AwardsCeremony. Left to right: Ryan Stellar, Daniel Silva and Jeckin Shah.

Dr. Cui recently demonstrated his patent-pending technology that forms the basis of Castle Point Scientific.

Dean Korfiatis

8

PRESIDENT’S LETTER 2005

grant to pursue the development project jointly with a commercialpartner. The grant led to the production of an initial prototype anddemonstration of the software’s capabilities.

In undergraduate education, Dean Korfiatis and Associate DeanKeith Sheppard continue to implement modernizations to the totalbody of the curriculum, and the newest programs are growing rapidly.The Biomedical Engineering program, directed by Dr. Arthur Ritter,is adding new faculty, expanded features, and upgraded facilitiesthrough the generosity of alumni donors with an expressed determina-tion to create the finest undergrad biomedical engineering labs in theUS.

In graduate education, Professor John Nastasi’s program in Product-Architecture Engineering, conducted in collaboration with the Designand Manufacturing Institute, directed by Dr. Kishore Pochiraju,continues to grow in scope and distinction.

New Additions to Faculty

Xiaojun Yu joins the School of Engineeringas an Assistant Professor in the Chemical,Biomedical and Materials EngineeringDepartment. Prior to coming to Stevens, Yuwas a research associate at the University ofVirginia’s Department of OrthopaedicSurgery, where he studied tissue engineeringand biomaterials. He also served as a researchpost-doctorate associate in advanced biomateri-als and tissue engineering in the Chemical Engineering Departmentof Drexel University. He has been widely published and frequentlypresents papers at industry conferences and meetings. Yu is also amember of the Society for Biomaterials as well as the MaterialsResearch Society. He holds a doctorate in Biomedical from CaseWestern Reserve University, Cleveland, Ohio (2002) and a Master ofScience degree in Biomedical Engineering from Peking UnionMedical College, Beijing, China (1992). Yu earned a Bachelor ofEngineering in Polymeric Materials and Chemical Engineering fromTsinghua University, Beijing, China (1989).

Yi Guo joins the School of Engineering as an Assistant Professor inthe Electrical and Computer Engineering Department. Previously,Guo was a visiting Assistant Professor in the Department of Electricaland Computer Engineering at University of Central Florida. She alsowas a Research Fellow in the Computer Science and MathematicsDivision of Oak Ridge National Laboratory, Oak Ridge, Tennessee.She has served as a reviewer for many professional journals and con-ferences and has been widely published. Guo is a senior member ofthe Institute of Electrical and Electronics Engineers (IEEE) and amember of Sigma Xi, the Scientific Research Society. She earned aPh.D. from the School of Electrical and Information Engineering, atthe University of Sydney, Australia (1999), an MSEE Department ofElectrical Engineering, Xi’an University of Technology, China (April1995). She also holds a BSEE from Xi’an University of Technology(1992).

Hongjun Wang joins the Department of Chemical, Biomedical andMaterials Engineering (CBME) as an assistant professor. Wang’s

research interests focus on biomaterials design, cellular and tissueengineering, and cell signaling in tissue engineering. Before joining inStevens, he was a postdoctoral research fellow at the Wellman Centerfor Photomedicine, Massachusetts General Hospital and HarvardMedical School. He then worked at a Dutch biomedical company,IsoTis NV. Wang has received a broad and systemic training in chem-istry and polymer chemistry, as well as biomaterials design and tissueengineering. He has performed research in diverse fields and is theauthor of 15 scientific papers in the fields of polymer chemistry, bio-materials, tissue engineering and cell signaling. Wang received his doc-torate in Polymer Chemistry and Physics (Biomaterials Discipline,1998) from the Institute of Polymer Chemistry, Nankai University,Tianjin, China, with honors. He received his second doctorate inBiomedical Engineering (tissue engineering) from the Institute forBiomedical Technology, University of Twente, The Netherlands, in2003.

Alice Squires brings more than twenty years of experience in engi-neering project management and technical management to the SystemDesign and Operational Effectiveness (SDOE) Program, for whichshe will serve as Associate Director of the Online Program. Her edu-cational specialization includes online courses in the areas of systemsengineering, program management and managing innovation, as wellas ground courses in business administration for a variety of universi-ties. Early in her career she focused on engineering hardware designand related software development, followed by technical managementand operations management, with a more recent focus on systemsengineering, business, and online and classroom education and train-ing. She is also a technical and organizational change consultant formultiple large defense companies. Previously she managed the require-ments, integration and testing group for the Advanced AmphibiousAssault Vehicle (AAAV) built for the United States Marines. Prior tothis she managed the production system and cost center for LockheedMartin’s (now BAE Systems’) radiation-hardened manufacturing line.She received the General Dynamics Technical Achievement in Safetyin 2002, the Lockheed Martin Outstanding Team Award in 1998, aMBA Fellowship from 1994-1995 and multiple technical and sugges-tion awards from IBM from 1986 to 1993. She earned a Bachelor ofScience degree in Electrical Engineering (BSEE) at Virginia Tech(1984) and a MBA at George Mason University (1996).

After a distinguished period of service as a Research Assistant andGraduate Professor, Thomas Herrington has been appointedAssociate Professor of Ocean Engineering in the Department of Civil,Environmental and Ocean Engineering. He is the acting NOAA NewJersey Sea Grant Coastal Processes Specialist and the AssistantDirector of New Jersey Coastal Protection Technical AssistanceService. His teaching and research interests include inlet hydrodynam-ics, wave dynamics, sediment transport, wave-structure interaction,air-sea interaction, coastal meteorology and coastal hazard mitigation.Herrington serves on the ASCE Flood Loads Task Committee, and heis the secretary of the Northeast Shore and Beach PreservationAssociation. He has authored or coauthored more than 40 technicalpublications in the field of coastal and ocean engineering. He has aBachelor of Engineering degree in Civil Engineering and a Master ofEngineering and a doctorate in Ocean Engineering from StevensInstitute of Technology.

Dr. Xiaojun Yu

5

Leading the list of achievements is that of surpassing the FY ‘05 $30million goal in research revenue. The $30.6 million figure achieved isphenomenal, since it has tripled since 2000. This major growth waspossible because of the outstanding quality of our innovative facultyand research staff, coupled with the interdisciplinary clusters that haveformed both within institute-wide centers and among groups of facul-ty, as well as the excellent support services provided by the Office ofSponsored Research, (OSR). The major research growth was alsoa factor in Stevens’ increased rank in the recent US News & WorldReport annual rankings of the “Best Colleges and Universities inAmerica.” All of these factors form the Stevens competitiveadvantage.

The VP of ITI is responsible for implementing and managing theTechnogenesis process, which has reached new heights in the pastyear. A perfect example occurred in early 2005 – that of the firstsale of a Stevens Technogenesis Company – Hydroglobe. Thiscompany was sold to Graver Technologies Inc. for several milliondollars plus patent licensing fees and a share in future sales.Hydroglobe was based on a set of Stevens’ environmental tech-nology patents and offered unique technologies and products forfiltering heavy metals – such as lead and arsenic – from drink-ing water. The technology inventors were Dr. GeorgeKorfiatis, Dean of the School of Engineering; Dr. ChristosChristododoulatos, Director of Center for Environmental Systems;and Dr. Xiaoguang Meng, Director of Technical and AcademicDevelopment at the James E. Nicoll Environmental Lab. The fiscalyear ended with the potential sale of another Technogenesis company.

New to the structure of ITI are institute wide-centers – the WirelessNetwork Security Center (WiNSeC) and the Secure InfrastructureTechnology Laboratory (SINTEL). During FY ‘05 Dr. Wisniewskiappointed Dr. Patrick E. White as the new WiNSeC director, and inFY ‘05 the center won four out of four competitive grants from NSF.

In partnership with the US Navy, Dr. Wisniewski announced thedebut of SINTEL in July 2005. This unique research facility wasestablished with an initial grant of $6.8 million from the US Office ofNaval Research (ONR). An additional $6 million will be awarded inFY 2006. SINTEL is an interdisciplinary laboratory for real time sys-tems development for the protection of maritime infrastructure. Ittests and analyzes threat scenarios in the realistic environment of theNY Harbor. Defending against the asymmetric threats to our Navyforces at home and abroad constitutes the primary research, modelingand development business of SINTEL.

Also during FY ‘05 Dr. Wisniewski, together with faculty and stu-dents, launched four new Technogenesis start up companies: AttilaTechnologies, Stevens Multi-Media, Stevens Proof of Concept(SPOC), and Castle Point Scientific.

Attila Technologies LLC is a wireless communications company thatprovides continuous broadband on-demand communication devicesthat function despite saturated airways. Attila’s approach solves thetwo most important problems faced by first responders in a disaster,as stated by the Department of Homeland Security – continuouscommunications and interoperability. Attila’s products are based onpatent-pending technology developed at WiNSeC, by its Director Dr.Patrick E. White, and researcher Nicholas Girard, with funding fromthe National Science Foundation. Dr. White and Mr. Girard are alsoco-founders of Attila Technologies. Dr. Wisniewski, Chairman of theBoard, recently appointed Mr. John E. Bischoff, the former VicePresident of Operations and Finance AOL, as the CEO. Additionalapplications of Attila include delivery of high resolution mug shots topatrol cars operating in the field, and the future enabling everywhereto be a virtual hot spot.

Under the leadership of our new Vice President,Dr. Helena S. Wisniewski, the Office of Institute

Technology Initiatives (ITI) has entered a new eraof achievement and growth.

INSTITUTE TECHNOLOGY INIT IATIVES

Dr. Wisniewski

Dr. White, Dr. Wisniewski and Nicolas Girard examine the Attila prototype at WiNSeC.

Under the direction of noted science journalist John Horgan, aScience Writings program and a program of Communications acrossthe Curriculum will be inaugurated this fall. The objective is to estab-lish a multi-dimensional Stevens Center for Science Writings, con-tributing to Stevens’ growing reputation as a leading cultural hub inthe New York Metro area.

Horgan has written three widely reviewedbooks: The End of Science (1996), a best-sellertranslated in 13 languages; The UndiscoveredMind (1999); and Rational Mysticism (2003).He taught science journalism at PolytechnicUniversity and has two Science JournalismAwards from the American Association for theAdvancement of Science. Horgan also gar-nered the National Association of ScienceWriters Science-in-Society Award. He hasserved as an editor and writer for the IEEE

Spectrum and senior writer at Scientific American, with many free-lance publications to his credit.

New Additions to Faculty

Alexei Myasnikov joins the Department of Mathematical Sciences asassociated faculty, holding the title of Research Professor. He is alsothe Canada Research Chair at McGill University, Montreal, and hasheld a position as Doctoral Faculty at the City University of NewYork, among other academic positions. Among his professional hon-ors, Myasnikov has been the recipient of the Gambrinus Award(Germany, 2004), the Canada Research Chair Award (2002) and thePerformance Excellence Award from the City University of New York(1999-2000). He is the author or co-author of numerous books andacademic papers in his field, and serves as a referee for several learnedjournals. He has also received numerous grants for his research.Myasnikov holds a

D.Sc. degree in Mathematics in the area of Habilitation from theNovosibirsk State University (1992), and a Ph.D. in Mathematicsfrom the Leningrad University (1984). He received his M.Sc. inMathematics from Novosibirsk State University.

Ionut Florescu joins the Department ofMathematical Sciences as an AssistantProfessor. Florescu comes to Stevens from theDepartment of Statistics at Purdue University,where he received his doctorate in Statistics(2004). He had also previously served on thefaculty in the Department of Physics at theUniversity of Bucharest, Romania. His pri-mary research area is the Mathematics ofFinance, with a focus on the modeling, analy-sis and approximation of Option prices in the

stochastic volatility world. He has authored or co-authored a numberof papers for refereed journals, and was the recipient of the PurdueResearch Foundation Grant, and the Puskas Memorial Fellowship.Florescu also holds a Master of Science degree in Statistics with a spe-cialization in Computational Finance from Purdue University, and a

Master of Science degree in Mathematics with a specialization inStochastic Processes from the University of Bucharest.

Jiahua Xu joins the Department of Chemistry and Chemical Biologyas an Associate Professor. She comes to Stevens from the Departmentof Biology at Rensselaer Polytechnic Institute in Troy, N.Y. Prior tothat she served as a Research Assistant Professor in the DermatologyDepartment at State University of New York at Stony Brook. She alsoheld positions earlier at the Shanghai Institute of Biochemistry andthe East China Institute of Chemical Technology, Shanghai, China.Among her professional activities, Xu serves as Managing Editor ofFrontiers in Bioscience. She earned a doctorate (1992) in BiomedicalSciences from Meharry Medical College, Nashville, Tenn., and aBachelor of Science degree in Biochemistry from East China Instituteof Chemical Technology, Shanghai.

Based in the interaction of Computer Science and MathematicalScience expertise, the all-encompassing approach to security at theSchool of Sciences and Arts takes advantage of the expertise anddepth in both departments when it comes to the question of cybersecurity.

In the area of language-based security in Computer Science, the workof Professors Adriana Compagnoni, Dominic Duggan and DavidNaumann centers in language-based security, while ProfessorsSusanne Wetzel and Rebecca Wright’s work extends over the fields ofcryptography and network security, as well as analyzing the founda-tions of cryptography. In the realm of Mathematics, ProfessorsRobert Gilman and Alexei Miasnikov, a scholar of internationalstature formerly at the City College of New York, examine the ques-tion of generic complexity, while their depart-ment colleagues in the area of StochasticSystems, Professors Darinka Dentcheva,Ionut Florescu and Michael Zabarankin, areexploring the theory of risk assessment. Theexpertise of these diverse groups intersect inan exciting new area known as MathematicalCryptography with the objective of develop-ing new approaches to insuring the securityof cryptographic systems.

Professors Wetzel and Wright have also proposed a newInterdisciplinary Degree in CyberSecurity, at both the undergraduateand graduate levels, which is now being considered by the curriculumcommittee. Developed with funding from the National ScienceFoundation, this is a trail-blazing effort to translate the vast body ofresearch knowledge in cyber security into a distinct, academicallyrobust degree program.

In the realm of Technogenesis, Castle Point Scientific is a new com-mercial start-up based on patent-pending sensors developed by a pro-fessor of Physics, Dr. Hong-Liang Cui, who is also the companyfounder. (See “Institute Technology Initiatives.”)

Also in the Physics Department, Professor Rainer Martini has col-laborated with Professor John Keating of The Howe School todevelop a method of image-capture, enhancement and analysis thathas given rise to the “3-D Camera” which uses optical pulses andnon-linear optics to display and record, respectively, a three dimen-sional image.

The Humanities Division is undergoing its first major expansion inmore than a decade. The Humanities programs offer students boldnew perspectives and opportunities to develop creative thinking andall-important communication skills. The Department of Art, Musicand Technology is a newly formed area dedicated to the study andpractice of art and music and its particular relationship to science andtechnology. The programs in the department, Art and Technology andMusic and Technology, directed by Professors Julie Harrison andDavid Musial, offer a Bachelor of Arts degree as an individualizedprogram. Both programs draw upon traditional as well as new artforms, offering the student a broad foundation in technical skillswhile encouraging experimentation with new ideas, genres, and mod-els. Interdisciplinary investigation with one another and learningacross the spectrum of humanities, as well as interdependence and col-laboration between artist and scientist, artist and engineer, make theprogram a uniquely transcultural and transpedegogical experience.

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With a new all-encompassing approach to Security, an empha-sis on Physics for next-generation quantum devices, and the

further expansion of Chemical Biology, plus an innovativerestructuring of the Humanities Division, The Imperatore

School of Sciences and Arts is moving in bold new directionsin interdisciplinary education and research.

THE IMPERATORE SCHOOL OF SCIENCES & ARTS

Dean Kunhardt

Dr. Wright & Dr. Wetzel

Dr. Martini demonstrates the properties of the hi-rez “3-D Camera.”

PRESIDENT’S LETTER 2005

Prof. Florescu

Mr. Horgan

Dr. Dentcheva

7The Lawrence T. Babbio, Jr. Center for Technology Management.