Rosum Corporation Co-Founder Recognized as Top Technology Innovator by MIT's Technology...

MOUNTAIN VIEW, Calif. -- Rosum Corporation, a leading location-technology company, today announced that Matthew Rabinowitz, co-founder and Chief Technical Officer for Rosum Corporation has been named to Technology Review Magazine's 2005 list of the world's Top 35 Young Innovators (TR35).

"The TR35 is among the most prestigious honors that can be bestowed on a young innovator," said Technology Review Editor-in-Chief Jason Pontin. "We hail their accomplishments and look forward to even more from them in the future."

Chosen by Technology Review editors and an elite panel of judges, the TR35 consists of 35 individuals under the age of 35 whose innovative work in technology will have a profound impact on the world.

"It's an honor to be recognized by the scientific and technology community as one of the TR35," said Matt Rabinowitz. "I am fortunate to have grown my passion for physics into a rewarding career. This award is a testament to the great teachers and advisors that I have had the privilege of working with and learning from."

Rabinowitz completed a BA in Physics at Stanford, graduating as top student in the department, and received the Levin Award for outstanding academics and research. He also received the Terman Award, the highest academic honor offered by the School of Engineering at Stanford.

He completed his PhD in Electrical Engineering at Stanford, where he was involved in the design and construction of a navigation system that combined Low Earth Orbit Satellites with the Global Positioning System to achieve centimeter-level positioning. Rabinowitz co-founded Rosum Corporation in 2000, and currently serves as its Chief Technology Officer.

TR35 list will appear in the October 2005 issue of Technology Review magazine and on the Web at www.tretc.com/tr35.asp.

About Technology Review

Technology Review, is the oldest technology magazine in the world, and is published by an independent media company owned by the Massachusetts Institute of Technology. Founded in 1899, Technology Review describes emerging technologies and analyzes their commercial, economic, social, and political impact for an audience of senior executives, researchers, financiers, and policymakers, as well as for the MIT alumni. In addition, Technology Review, Inc. produces technologyreview.com, a website that offers daily news and opinion on emerging technologies. It also produces live events such as the Emerging Technologies Conference. The views expressed in Technology Review are not necessarily those of MIT.

About Rosum:

Rosum is the first and only company to use unmodified broadcast TV signals for position location of mobile assets. The Rosum solution is uniquely suited to tracking of mobile devices in urban areas and indoors, where GPS and assisted GPS solutions often fail. In exclusively indoor and urban-area testing, the Rosum solution meets the FCC's Wireless E911 accuracy requirements for handset-based positioning systems. Rosum's leadership is composed of industry leaders from the GPS, cellular and television worlds, and the company is venture-backed by leading investors including Charles River Ventures, Allegis Capital, and Motorola Inc. Partners include Trimble Navigation, the leading GPS company, and In-Q-Tel, the CIA's venture investment arm. Rosum's founding team includes the original architects of the GPS constellation. More information is available at www.rosum.com.