For Immediate Release: May 1, 2007

OCAST 20th Anniversary Celebrated by Senate

The Oklahoma Center for the Advancement of Science and Technology (OCAST) was honored by the Senate on Tuesday, as a resolution celebrating the 20th anniversary of the agency was approved unanimously.

Senate Resolution 35, authored by Sens. Clark Jolley and Susan Paddack, salutes OCAST for its role in spurring economic growth and development through science and technology research.
Jolley said the agency is a critical cog in the effort to create a more prosperous future for the state.

“The technology industry is fundamental to the advancement of Oklahoma’s economy, and OCAST has been a leader in encouraging research and development that is driving growth in our state,” said Jolley, R-Edmond. “Additionally, the support of OCAST has enabled research that is improving the quality of Oklahoma’s health care.”

The technology-based economic development agency creates partnerships with government and private enterprise to support peer-reviewed research projects that have the potential for both scientific and commercial value. The agency is also responsible for administering the $150 million Economic Development Generating Excellence (EDGE) Fund, an effort to increase research and technology commercialization in Oklahoma.

Paddack thanked the agency for their role in helping secure the future of Oklahoma’s economy.
“Advancements in science and technology help our economy thrive and grow,” said Paddack, D-Ada. “OCAST has been on the cutting edge in helping Oklahoma support projects that have the potential to boost our economy and provide better health care to Oklahomans.”

For more information contact:
Senator Jolley's Office: (405) 521-5622
Senator Paddack's Office: (405) 521-5541