SRI Logo
 
SpacerAbout UsDividerR & DDividerCareersDividerNewsroomDividerContact UsDividerSRI HomeSpacer

Spacer
         
  SRI Logo

History of SRI International, 1950s



   


SRI logo circa 1952

1953: SRI's Poulter Laboratory is founded in 1953; the beginning of more than 50 years of research in the response of materials and structures to impacts, fatigue, explosions, and fractures.

   
   

1950: SRI emphasizes international work and opens an office in Washington, D.C.


1950-1955: SRI revolutionized banking with the invention of ERMA (Electronic Recording Machine, Accounting), and magnetic ink character recognition (MICR). Together, they replaced laborious manual recordkeeping with automatic processing of bank and traveler’s checks. Introduced by Bank of America in 1955, these innovations launched data processing machines for business. MICR is still used worldwide today for reading and processing checks.

   

 

 

   
SRI logo circa 1955
1955: E. Finley Carter becomes SRI's executive director, a title to be changed to president in 1958.
   

 

 

    1955: SRI begins a 13-year series of transactions to purchase from Stanford University all the land it presently occupies.
1956: In partnership with the University of Arizona, SRI holds the first worldwide conference on the capture and use of solar energy (500 engineers and scientists and 29,000 people over five days come to watch).
   

 

 

    1956: SRI develops the Hydracushion, a shock-absorbing mechanism for railcars, and begins a still-continuing series of research projects in synthesis of possible anticancer agents for the National Institutes of Health. The institute has 742 research projects and a staff of 1408.

1956: SRI's Molecular Physics Laboratory is founded.  The lab performs fundamental and applied research in lasor sensors, mass spectroscopy, and atmospheric processes.

   
   

 


1957: SRI and The Conference Board sponsor the first International Industrial Conference, which convenes in San Francisco every four years until 1997 as a summit of global leaders concerned with global political, social, and economic change.

 

1958: SRI inaugurates the Long-Range Planning Services, later known as the Scan program.
     
 

 


1959: The Academy of Motion Picture Arts and Sciences honors SRI with an Academy Award for development of a Technicolor electronic printing timer.

 

About Us  Vertical divider  R&D Divisions  Divider  Careers  Divider  Newsroom  Divider  Contact Us
©2006 SRI International 333 Ravenswood Avenue, Menlo Park, CA 94025-3493
SRI International is an independent, nonprofit corporation. Privacy policy