It was the epoch-making moment in over 30 years history of press-in technologies that foundation of the IPA was officially resolved by various leading authorities from both academic and industrial fields of construction. 32 enthusiastic attendees gathered together in Cambridge University, which has 800 years academic history, and exchange their knowledge and dreams passionately. Committees were elected and constitution, business plan and budget were decided. The most exciting event was the 1st IPA Research Grant Award ceremony. Winners of the research proposal competition were awarded and granted US$100,000 in total for coming one year research activity. Result of the grant awarded researches will be presented in public at the next IPA Conference in New Orleans in September 2008.

Prof. Bolton kindly invited all attendees to the historical St. John's College for dinner. He expressed his gratitude by honouring President Kitamura with a special silver plate inscribed the memorial IPA establishment. President Kitamura made a gift of Tosa Space Sake, a Japanese rice wine made with a batch of yeast that spent 10 days in space, as his sincere appreciation for Prof. Bolton.