FOR IMMEDIATE RELEASE

Contact: Dann Hayes, director of media relations, 641-269-4834.

May 7, 2002

$5 Million Gift to Fund Grinnell College Science Renovation

GRINNELL, Iowa - Grinnell College today announced a $5 million gift for the continued renovation of its science facilities. The gift from Ann S. Bowers, a long-time friend of Grinnell College and widow of 1949 graduate Robert N. Noyce, is designated to fund an addition and renovation of the Robert N. Noyce '49 Science Center.

Bower's gift to Grinnell College will support the phase two addition to the science center, which was conceived in 1995 and re-affirmed as part of the Colleges 1999 comprehensive campus plan.

"Ann has long recognized that the Noyce Science Center is one of Grinnell College's best assets," said Russell K. Osgood, president of Grinnell College. "This generous gift will help in the continued development of a state-of-the-art science facility at Grinnell, which will inspire many students and faculty for years to come."

"I am so pleased to support Grinnell College in a substantial way that also honors Bob. His passion for Grinnell was unwavering through his lifetime," said Bowers. "I hope this gift will encourage others to support Grinnell's science program and its facilities; together they support an energetic, inquisitive, and highly successful learning environment at Grinnell."

The Noyce Science Center was named for one of Grinnell College's most notable graduates, Robert N. Noyce '49, the co-inventor of the computer microchip and the co-founder of Intel Corporation. Named as one of the 100 most influential people of the past century by Time Magazine, Noyce was the recipient of many awards, honored by three U.S. Presidents, and holder of numerous integrated circuit and transistor patents.

Upon Noyce's death in 1990, CBS News correspondent Charles Osgood said, simply, "He was co-inventor of the microchip, the man who changed the world." One need only to turn on a computer or use a cell phone to see the truth in that statement.

A senior trustee for the Noyce Foundation and a trustee for Cornell University, Bowers was the first director of personnel for Intel Corporation. After leaving Intel, Bowers became the first human resources vice president for Apple Computer before working with the Silicon Valley Joint Venture Education Initiative.