Preface First, we want to thank our sponsor (CM)2 – Center for Mathematical and Computational Modelling for financial support and to host this event. The aim of this symposium is to bring together young researchers from various fields. Its interdisciplinary character is underlined by the support of the University of Kaiserslautern, DFKI, Fraunhofer ITWM, IVW, and the Rhineland-Palatinate research initiative. With more than 40 participants and 14 submissions, the first YRS demonstrated the strength and interest in such an event. In a relaxed atmosphere, young researchers were able to discuss new ideas for cooperations and support. These proceedings contain peer-reviewed and accepted contributions from the domains materials characterization, production processes, economics, and system-on-chip design (SOC). The close relationship to mathematics and computer science, which is essential to engineers and natural scientists, was always visible and will help to advance progress in relevant areas. The top three contributions were awarded by the committee and the audi- ence. The winners are: “Hardware Accelerators for Financial Mathemat- ics – Methodology Results and Benchmarking” by Christian De Schryver, Henning Marxen, and Daniel Schmidt (first place), “Mathematical Opti- mization Based Channel Coding: Current Achievements and Future Chal- lenges” by Michael Helmling, Stefan Scholl, and Akin Tanatmis (second place), and “Zur Untersuchung von stahlfaserverstärkten Betonen auf Ba- sis der 3D-Computer-Tomographie” by Frank Schuler and Katja Schladitz. We thank the authors for their submissions and the program committee for their hard work. Nachwuchsring des (CM)2 February 2011 Frank Balle, Nicole Marheineke, Frank Kienle, Karsten Schmidt, Nicole Tschauder 1 Organizing Committee Prof. Dr. Nicole Marheineke, University of Erlangen-Nürnberg Dipl.-Math. Nicole Tschauder, University of Kaiserslautern Dr.-Ing. Frank Kienle, University of Kaiserslautern Dipl.-Inf. Karsten Schmidt, University of Kaiserslautern Dr.-Ing. Frank Balle, University of Kaiserslautern Program Committee Prof. Dr. Ralf Korn (Chairman) Prof. Dr.-Ing. Norbert Wehn Prof. Dr. Arnd Poetzsch-Heffter Prof. Dr.-Ing. Dietmar Eifler Prof. Dr. Nicole Marheineke Dipl.-Math. Nicole Tschauder Dr.-Ing. Frank Kienle Dipl.-Inf. Karsten Schmidt Dr.-Ing. Frank Balle 2