The IRI Medal, established by the Industrial Research Institute (IRI) in 1946, recognizes and honors leaders of technology for their outstanding accomplishments in technological innovation which contribute broadly to the development of industry and to the benefit of society. One side of the medal depicts a scientist peering into a microscope as a symbol of the never-ending quest for innovation; a pegasus running in the background as a symbol of imagination; and clouds issuing from a retort revealing the practical results of humanity's ability to harness natural forces to meet its needs. The reverse side of the medal is an adaptation of the official seal of the Institute. This award is traditionally presented each spring at the IRI Annual Meeting alongside the IRI Achievement Award. Source: Wikipedia (en)