Thermal management in Information Society Technologies remains a major problem to be solved, especially in novel electronic devices such as increasingly miniaturised microchips, hard disks and interfaces between biological structures (e.g. nerve cells) and semiconductor micro and nanostructures. The NOVMAG consortium consists of several European research teams with long-standing experience in investigating heat transport on a microscopic as well as on a macroscopic level. It aims at exploiting a new highly effcient magnetic mode of thermal.