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Technology Stocks : Intel Corporation (INTC)
INTC 49.63+2.8%10:04 AM EST

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To: VICTORIA GATE, MD who wrote (28260)8/5/1997 8:41:00 AM
From: Glenn D. Rudolph   of 186894
 
MANILA, PHILIPPINES, 1997 AUG 4 (NB) -- By Joey G. Alarilla, Metropolitan Computer Times. Intel Corp.[NASDAQ:INTC] recently earmarked PhP8.1 million (US$312,000) for its Corporate Academic Relations Program in the Philippines. Intel President and COO Craig Barrett, during his Philippine visit in June, said the program will provide computer laboratories at the Microprocessor Instructional Laboratory of the University of the Philippines (UP), the Microelectronics Research Laboratory of De La Salle University (DLSU), and the Industrial Electronics Laboratory of the Dualtech Training Center. Intel's education initiative also covers 12 annual scholarships for four engineering and eight technology students, Newsbytes learned. The 12 annual scholarships will reportedly cover tuition fees, books, and study-related expenses. "Intel is committed to technology excellence with Philippine universities. The grants and scholarships Intel is making today are designed to help students take on the challenges of moving the Philippine IT industry into the future," Barrett asserted. Secretary William Padolina of the Department of Science and Technology commended Intel for its efforts to help the Philippines "equip its technology specialists and professionals of the future with the best knowledge and skills available."
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