ERNIE 4 | ||
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ERNIE
ERNIE 4 was developed to speed up the prize draw process and to cater for 11-digit bond numbers. It was used for prize draws from 1st April 2004 until February 2019. NS&I spokesman, Mark Brooks, said: "We have sold so many Premium Bonds, we needed a new machine that could generate 11-digit numbers for the first time." A press release from NS & I explains the launch of ERNIE 4... SCIENCE MEETS FINANCE AT THE LAUNCH OF THE NEW FOURTH GENERATION ERNIE 17th August 2004 Premium Bond growth necessitates ERNIE upgrade "National Savings and Investments (NS&I) today launched ERNIE 4 (Electronic Random Number Indicator Equipment) at the Science Museum, London, bringing all four generations of ERNIE together for the first time. The fourth generation random number generator is responsible for selecting prize winning Premium Bonds each month. The next draw in September will see ERNIE 4 give away 1 million prizes - more than ever before - hence the need for a more powerful ERNIE. In the last 10 years, Premium Bonds have gone from strength to strength. Currently, 25 billion Premium Bonds are owned by 23 million people nationwide. The launch of ERNIE 4 saw all four generations of ERNIE brought together side by side, including ERNIE 1, built in 1956 by the team behind the World War 2 code-breaker Colossus. The exhibition at the Science Museum shows how NS&I, the British institution behind Premium Bonds, has supported the development of smaller and faster technology over the last 50 years. The launch event was hosted by science and mathematics personality, Johnny Ball, and attended by the engineers who designed and built ERNIE 1 almost 50 years ago, as well as those responsible for developing ERNIE 4, from LogicaCMG. Over the years, the notoriously difficult process of generating random numbers has changed significantly, while each of the ERNIEs has got progressively smaller and faster as technology has advanced. ERNIE 1 was 24 sq ft and used gas to generate the numbers, whereas ERNIE 4 uses thermal noise generated by a chip and measuring 0.01 sq ft, requires considerably less space. John Prout, sales director at National Savings and Investments said, ERNIE 4 is the power behind Premium Bonds - able to generate more numbers, more quickly than ever before." End. ERNIE 4 Launch
Disclaimer: These pages are an unofficial review of ERNIE and Premium Bonds. Photos copyright Light Straw Archives, as marked. Other photos and images used with kind permission of National Savings and Investments (NS & I). With thanks to the Science Museum, NS & I, and BT Heritage. If you have a query about money or bonds held in National Savings, please visit the National Savings and Investments site. |
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Oct 2020.
Checked May 2021. All logos and trade marks are the property of their respective owners and are used on the Light Straw site(s) for review only. Students and researchers are recommended to make their own independent enquiries as to the accuracy of the information contained therein. |