MEDIA RELEASE

DEPARTMENT OF FOREIGN AFFAIRS AND TRADE
AUSTRALIA

D23

1 November 1999

Australian and United States Sign Technology Transfer Unit

Australia and the United States have signed an agreement to facilitate the export of an innovative technology developed by an Australian company, Silex Systems Limited. The technology enables the separation of isotopes of uranium by laser excitation.

The Agreement establishes the procedures through which Silex and its US partner, the United States Enrichment Corporation will conduct research, development and commercial utilization of Silex technology. Strict safeguards, verification and physical protection measures are stipulated which will ensure that this technology is used exclusively for peaceful purposes.

The Agreement, which was signed in Washington, will be tabled in Federal Parliament early next year.

Media Contact:

Matt Francis (02) 6261 1555