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National Magazine Calls State The "Seabiscuit" Of Small Tech The March/April issue of Small Times magazine - a leading business publication for small high-tech companies - reports that New York State has moved up to fourth in the nation in the development of nanotechnology - its strongest rating ever in the magizine’s third annual survey. "New York’s highest ranking ever in Small Times provides yet another strong sign that our unprecedented efforts to promote hi-tech, biotech and small tech research and economic de-velopment are paying off," Governor George Pataki said. "Small Times ma-gazine is the third business publication this year to highlight the strength of New York’s business climate. The announcement by Small Times magazine follows the positive news New York received in the March issue of Site Selection magazine, which re-ports that New York State moved up to 2nd in the nation in attracting new and expanded corporate facilities its strong-est rating ever in the magazine’s annual survey. According to the magazine, New York appears to be reaping rewards from investments. As a result of all the act-ivity in New York, The magazine said it was no surprise that the State jump-ed from a seventh-place standing in the ranking to fourth this year. In the magazine’s survey, New York leapfrogged over its competition in four categories in the rankings: research (second place); innovation (fifth place); workforce (sixth place); and industry (ninth place). Nanotechnology involves the creation and use of objects through the manipulation of atoms and molecules. Currently in use as materials and coatings for metals, fibers, and cosmetics, nanotechnology is expected to have extensive uses in drug delivery, computing, communications, and national defense.
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