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US Synthetic Bearings Selected to Showcase Diamond Bearing Technology at 2011 ARPA-E

US Synthetic Bearings will join Dow, Lockheed Martin at Washington DC Event
February 28 - March 2

Orem, UT – February 24, 2011 - US Synthetic Bearings today announced its selection for the prestigious Technology Showcase at the ARPA-E Energy Innovation Summit, co-hosted by the Department of Energy’s Advanced

Research Projects Agency – Energy (ARPA-E) and the Clean Technology and Sustainable Industries Organization (CTSI). Hundreds of top technologists and cutting-edge cleantech organizations competed for the chance to participate in the Showcase, a hallway of America’s most promising prospects for winning the future in energy.

US Synthetic Bearings will exhibit its diamond bearing technology to nearly 2,000 national leaders committed to driving long-term American competitiveness in the energy sector. Attendees include top researchers, investors, entrepreneurs, corporate executives and government officials.

More than 200 groundbreaking technologies from ARPA-E awardees, corporations, National Labs and Department of Energy R&D programs will be featured at the event.

“This Summit gathers organizations that understand the need to both collaborate and partner to bring the next generation of energy technologies to market,” said Craig Cooley, General Manager of US Synthetic Bearings. “It’s a rare and exciting opportunity to have so many key players in the energy community under one roof. We look forward to sharing our diamond bearing technology with other innovators and investors at the Technology Showcase.”

Research and business development teams from 14 Corporate Acceleration Partners committed to technology commercialization will also be present, including Dow, Bosch, Applied Materials and Lockheed Martin.

The Summit also features high-profile speakers including U.S. Energy Secretary Steven Chu, ARPA-E Director Arun Majumdar, U.S. Navy Secretary Raymond Mabus, former California Governor Arnold Schwarzenegger and Bank of America Chairman Charles Holliday.

The second annual ARPA-E Energy Innovation Summit will take place February 28 - March 2, 2011 at the Gaylord Convention Center just outside Washington, D.C. To learn more or to register, please visit: www.ct-si.org/events/EnergyInnovation.

About US Synthetic Bearings
US Synthetic, a Dover Company (NYSE: DOV), is the leading provider of polycrystalline diamond cutters (PDCs) and diamond bearing technology for the energy industry and oil and gas exploration. Thanks to constant innovation, proven quality, and superior customer service, more of the world's energy suppliers rely on US Synthetic than any other PDC manufacturer. US Synthetic has spent more than a decade perfecting its products to last longer—especially in tough conditions that test the limits of the most durable energy exploration and drilling equipment. USS Bearings is a division of US Synthetic. For more information about US Synthetic and US Synthetic Bearings, visit www.ussbearings.com.

About ARPA-E
The Advanced Research Projects Agency – Energy (ARPA-E) is a new agency within the U.S. Department of Energy – and the first to focus exclusively on breakthrough energy technologies that could radically change the way we use energy. Rather than performing research directly, ARPA-E invests in high-risk, high-reward energy technologies being developed by universities, startups, small businesses, and corporations. Our staff combines industry-leading scientists, engineers, and investment executives to identify promising solutions to the nation’s most critical energy problems and to fast-track top technologies towards the marketplace – which is critical to securing the nation’s global technology leadership and creating new American industries and jobs. www.arpa-e.energy.gov

About CTSI
The Clean Technology & Sustainable Industries Organization (CTSI), a 501c6 non-profit industry association, represents the organizations developing, commercializing, and implementing energy, water, and environmental technologies. Clean technologies offer much needed solutions to growing resource security and sustainability concerns and are critical to maintaining economic competitiveness. CTSI brings together global leaders for advocacy, community development, networking, and information sharing to help bring these needed technologies to market more rapidly. Visit www.ct-si.org for more information.

US Synthetic Bearings Media Contact:
John Pilmer
801-369-7535
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Event Media Contact:
Laura Benold, CTSI
512-516-9804
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