AbstractMagnetic nanowires currently attract much attention due to possible applications in high‐density memory storage. The cover picture, taken from the Editor's Choice paper [1] of this issue, is the spin density contour plot for a Fe chain along the [110] direction on Cu(001) and shows a large eruption of the majority spins from the Fe atom site toward the vacuum region. The supported Fe chain exhibits a large enhanced magnetic moment of the Fe atom compared with that of bulk Fe.The corresponding author, Jae Il Lee, is Professor at the Inha University, Incheon. His research group at the Department of Physics works on theoretical investigations of electronic structure and magnetism of materials using first‐principles energy band calculations.This paper is a contribution from the International Symposium on Magnetic Materials and Applications and Winter Conference of the Korean Magnetics Society (2003 SOMMA/KMS Meeting), Daejeon, Korea, 3–6 December 2003. The proceedings of this conference are published in two parts in the present issue of phys. stat. sol. (b) and in phys. stat. sol. (a) 201, No. 8 (2004).