SEPTEMBER 15, 2003

GEOFFREY BARROWS NAMED ONE OF THE WORLD'S TOP YOUNG INNOVATORS BY TECHNOLOGY REVIEW, MIT'S MAGAZINE OF INNOVATION

Barrows To Be Honored September 24 - 25 at

The Emerging Technologies Conference at MIT

Centeye, Inc. today announced that Geoffrey Barrows, Founder and President of Centeye, has been named to the 2003 list of the world's 100 Top Young Innovators by Technology Review, MIT's Magazine of Innovation. The TR100, chosen by the editors of Technology Review and an elite panel of judges, consists of 100 individuals under age 35 whose innovative work in technology has a profound impact on today's world. Nominees are recognized for their contributions in transforming the nature of technology in industries such as biotechnology, computing, energy, medicine, manufacturing, nanotechnology, telecommunications and transportation.

Barrows is being honored for his work in optic flow microsensor technology and artificial insect vision. Under support from DARPA and the Naval Research Laboratory, he has developed a class of optic flow microsensors that are able to sense visual motion and compute optic flow in real-world environments, and do so in a package weighing only several grams. Furthermore, he and other Centeye team members have integrated these optic flow sensors into small robotic aircraft that allow them to visually maintain a fixed altitude above the ground and avoid collisions with obstacles such as trees and buildings.

TR100's unparalleled panel of judges includes:

- Vinton Cerf, WorldCom Corporation

- David Tennenhouse , Intel

- Dr. Gordon Bell, Microsoft

- Christina Lampe-Onnerud, TIAX

- Stephen Quake, California Institute of Technology

- Rodney Brooks, MIT CSAIL

- George Whitesides, Harvard University

"Innovation and technological change are essential to worldwide economic growth. Now, more than ever, it's important to recognize that there is no one technology driving the next wave of success, but rather several that, when fused together, will create another era of significant change for our society. The members of this year's TR100 hail from fields such as nanotechnology, biotechnology, wireless, energy, computing and medicine. Each is actively developing the emerging technologies that we feel will profoundly impact our world in the century ahead," said Robert Buderi, editor-in-chief of Technology Review.

Barrows will be honored September 24 - 25 at The Emerging Technologies Conference at MIT. The event features keynotes, panels and breakout discussions on the transformative technological innovations that have the potential to fuel new economic growth and dramatically change the future. Speakers include Michael Dell, Founder and CEO of Dell Computer Corporation; Jeffrey R. Immelt, Chairman of the Board and CEO of General Electric; Bob Metcalfe, Founder of 3Com Corporation and General Partner at Polaris Venture Partners; and Nathan Myhrvold, Ph.D., Managing Director of Intellectual Ventures and former CTO of Microsoft Corporation. More information on ETC2003 can be found at www.etc2003.com.

About Technology Review Inc.:

Technology Review Inc., an MIT Enterprise, delivers essential information about emerging technologies on the verge of commercialization. Since 1998, paid circulation for the company's magazine, Technology Review, has more than tripled, climbing from 92,000 to 315,000. Combined with its signature events, newsletters, and online businesses, Technology Review reaches over a million senior technology thinkers and influencers including venture capitalists, chief scientists, MIT alumni and students, researchers, senior corporate executives, investors, and innovators throughout the world each month.

About Centeye, Inc.:

Centeye is a microelectronics firm in Washington DC that specializes in vision chip and visual microsensor technology for a variety of machine vision applications. Vision chips are integrated circuits with both image acquisition and image processing on the same die. This enables a complete machine vision system, comprising both camera and CPU, to be implemented in a package that weighs grams, consumes milliwatts of power, and yet can grab and process thousands of frames per second. Centeye is best known for their optic flow sensors, developed under support from DARPA and the Naval Research Laboratory, which provide insect-like vision to uninhabited air vehicles (UAVs).

Contact:

For Centeye:

Geoffrey Barrows, 202-347-2374, geof@centeye.com

For TR100 and Technology Review:

Kristen Collins, Technology Review, 617-475-8010, kristen.collins@technologyreview.com