Press Room

INTEL SCIENCE TALENT SEARCH AWARDS INCREASE TO $1.2 MILLION A YEAR
Semifinalists and Schools to Benefit from Awards for the First Time in the 59-year History of the Program

SANTA CLARA, Calif., Aug. 23, 1999 – Intel Corporation and the Intel Foundation today announced a grant to Society for Science & the Public, the administrator of the Intel Science Talent Search (Intel STS), to increase the yearly awards for the program from $330,000 to $1.2 million a year, beginning this year. The announcement includes the addition of two new categories of awards for semifinalists and schools and a significant increase in scholarship awards for the 40 finalists. Total awards for the Intel STS have increased by $1 million since 1998 when Intel became the sponsor of the prestigious pre-college science competition, formerly sponsored by Westinghouse.

Students and Schools Get New Awards

The new Intel Science Talent Search awards will be given to both individual student winners and their schools. For the first time in the 59-year history of the program, each of the 300 semifinalists—chosen from the more than 1,500 applicants—will receive $1,000 to recognize and encourage their achievements in science. In addition, each school that places a semifinalist in the competition will receive $1,000 per semifinalist (for example, five semifinalists placed equals $5,000 to the school) to be used to support the school's science and math education programs.

The scholarship awards for the finalists in the Intel Science Talent Search will also increase significantly next year. At the awards ceremony to be held in Washington, D.C. in March 2000, the top prize will be a $100,000 four-year scholarship. In addition to the scholarship increase, Intel will also give each Intel STS finalist a high-performance Pentium® III processor-based laptop computer. The second place finalist will receive a $75,000 scholarship and the third-prize winner will go home with a $50,000 award. Fourth- through sixth-place finalists each receive $25,000; seventh- through tenth-prize winners will receive $20,000. The remaining 30 finalists will receive a $5,000 scholarship award.

"Intel is committed to supporting science education in the hopes of encouraging the young people of our nation to pursue science," said Craig Barrett, Intel's president and chief executive officer. "With these new awards we will recognize and reward both the students and the schools for their efforts and commitment to science education."

The Science Talent Search has been coordinated for the past 59 years by Society for Science & the Public, a nonprofit organization dedicated to advancing the understanding and appreciation of science among people of all ages through publications and educational programs.

Information and applications for the Intel Science Talent Search are now available in the "Facts and Official Entry Form" booklet published by Society for Science & the Public. Booklets have been mailed to 40,000 educators across the nation. An online version of the booklet is available for download at www.societyforscience.org/sts.

For more information on Society for Science & the Public and the Intel Science Talent Search, see www.societyforscience.org. For more information on Intel's education programs, see www.intel.com/education.

Intel's Support for Education

In 1998, Intel contributed more than $100 million to K-12 and higher education programs with a focus on improving science, math, engineering and technology education. Intel is also the sponsor of the Intel International Science and Engineering Fair, the world's largest pre-college science competition. In 1999, Intel and Northwestern University delivered training to science educators in seven locations in the western U.S. to facilitate the inclusion of science research into their curricula. In July, Craig Barrett was named one of two corporate appointees to the National Commission on Mathematics and Science Teaching for the 21st Century, chaired by former U.S. Senator and astronaut John Glenn.

Intel, the world's largest chip maker, is also a leading manufacturer of computer, networking and communications products. Additional information about Intel is available at www.intel.com/pressroom.

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For more information, contact:

Meredith Smith
Intel Corporation
(408) 765-2834
meredith.smith@intel.com

Brian Martin
Cohn & Wolfe
(212)598-3640
brian-cwny_martin@cohnwolfe.com