From the Department of Energy website:

“The PECASE Awards are intended to recognize some of the finest scientists and engineers who, while early in their research careers, show exceptional potential for leadership at the frontiers of scientific knowledge during the twenty-first century. The Awards foster innovative and far-reaching developments in science and technology, increase awareness of careers in science and engineering, give recognition to the scientific missions of participating agencies, enhance connections between fundamental research and national goals, and highlight the importance of science and technology for the nation’s future. The PECASE Award is the highest honor bestowed by the U.S. government on outstanding scientists and engineers beginning their independent careers. Each Presidential award winner receives a citation, a plaque and funding from their agency for up to five years to advance his or her research.” The White House Office of Science and Technology Policy is scheduling a PECASE award ceremony and reception in Washington, DC with the President. A White House press release announcing the 2009 PECASE awardees will be forthcoming. For more information on the PECASE Award: http://www.er.doe.gov/accomplishments_awards/pecase/pecase.htm

For more information on Professor Lynch and his research: http://www.cee.umich.edu/Jerome+Peter+Lynch