Interactions News Wire #03-06
13 January 2006  http://www.interactions.org
*******************************************************************
Source: Brookhaven National Laboratory
Content: Statement
Date Issued: 13 January 2006
*******************************************************************

The following statement is being issued today by Brookhaven National Laboratory Director Praveen Chaudhari.

*********
STATEMENT
Praveen Chaudhari, Director
Brookhaven National Laboratory
January 13, 2006

I am very pleased to announce that a group of partners at Renaissance Technologies Corporation and members of the Board of Directors of Brookhaven Science Associates (BSA) have made a remarkably generous contribution to the Stony Brook Foundation. The Stony Brook Foundation plans to use this contribution to enter into a Work for Others agreement with BSA to enable the operation of RHIC (the Relativistic Heavy Ion Collider) this fiscal year.
Jim Simons, a member of the BSA Board and President of Renaissance Technologies, an investment management company, initiated and led the drive to raise the money.
A giant atom "smasher," RHIC is a world-class facility for the study of nuclear physics.
The Work for Others agreement between the Stony Brook Foundation and BSA, which we expect will be concluded very soon, will enable RHIC to continue to explore the smallest known pieces of matter-the tiny quarks and gluons that make up protons and neutrons-and how they interact.
All of us at Brookhaven Lab, including the 1,000 visiting scientists and students who collaborate on world-class science at RHIC, greatly appreciate the generosity and leadership of Jim and the Renaissance group in raising the $13-million contribution to the Stony Brook Foundation. He has done a great service for the Laboratory and the science community.
The Department of Energy's Office of Science has given Brookhaven National Laboratory very strong support for RHIC, and the international headlines garnered by RHIC science every year are in large measure the result of DOE's commitment to funding nuclear physics. In the light of budget constraints, DOE had planned to fund 12 weeks of RHIC operations in FY06, but unexpected increases in electric power costs had made this limited level of operation impossible. Now, with the $13-million contribution to the Stony Brook Foundation and the planned Work for Others agreement between the Stony Brook Foundation and BSA, the Laboratory will be able to operate RHIC for a full 20 weeks. This run should begin in early February.
I also recognize the solid commitment to the Laboratory from Senators Hillary Clinton and Chuck Schumer and from Congressman Tim Bishop, who have worked tirelessly on behalf of Brookhaven Lab.
All of us are looking forward to more exciting and intriguing results from RHIC.


*************
Brookhaven National Laboratory media contacts:

Mona S. Rowe
mrowe@bnl.gov
631 344-5056

Peter A. Genzer
genzer@bnl.gov
631 344-3174

Karen McNulty Walsh
kmcnulty@bnl.gov
631 344-8350