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Compaq Honors Innovation, Determination and Inspiration with 2001 Compaq Leadership Awards

HOUSTON, June 15, 2001

Developing leadership skills in young girls, using theater and the arts to address social issues, and fueling economic growth among small businesses are among the outstanding accomplishments recognized by the 2001 Compaq Leadership Awards.

The awards were presented today to five City Year alumni at the organization's national conference in Chicago. City Year, headquartered in Boston, is a national youth-service corps that unites young adults (17-24 years old) from diverse cultural and socioeconomic backgrounds for a year of full-time community service and leadership development.

Compaq, a City Year national leadership sponsor, instituted the awards program in 1995 to honor corps member alumni who have continued their dedication to community service, maintained a commitment to excellence and inspired others through their examples.

This year's recipients are:

Tiffany Chiang, alumna of City Year Chicago, 1995, for founding Girl World, a program that builds leadership skills for girls, ages 8-15, through mentoring, community service and athletics. The program was selected from a pool of more than 200 applicants to receive funding from the Ms. Foundation and has provided services to more than 200 inner-city girls in Chicago.

Elliott Epps, alumnus of City Year Columbia, S.C., 1995, for his dedication to and involvement in building community networks and collaborations in South Carolina around issues of race. Epps's efforts resulted in a groundbreaking conference in 2000 that brought together more than 400 South Carolinians from 30 counties to discuss race relations in the areas of police and community relations, media, economic development and youth policy.

Brendan Hughes, alumnus of City Year Boston, 1994, for his innovative use of theater and the arts to address universal issues of social consciousness in the greater Boston community. He founded the Peabody Theatre Cooperative as a forum for using the stage to deliver social and political messages, with an emphasis on diversity among performers.

Miguel Quinones, alumnus of City Year Boston, 1997, for using the experiences of his difficult childhood to become a respected mentor and role model for young people and their families in the greater Boston community. As a leader at Citizens Schools, Quinones has excelled in his commitment to service, children, social change and diversity. He also personally challenges himself. After realizing that the leadership roles he was asked to play at Citizen Schools often revolved around sports or team-building games, he resolved to diversify his skills and become better at curriculum development and academic skill-building.

David Satterthwaite, alumnus of City Year Boston, 1988, for founding Prisma MicroFinance, a socially responsible financial institution specializing in "micro-loans" to small businesses in the United States and Nicaragua. Prisma's unique business model rejects subsidies, pays strong returns to its investors and upholds its socially responsible mission. The institution strives to address global poverty in a viable way and has more than $1 million in outstanding loans, with a default rate of less than one percent.

"We are proud to honor the accomplishments of these five outstanding young people with Compaq Leadership Awards," said Yvonne Jackson, Compaq senior vice president of Human Resources, Organization and Environment. "They have taken their community service experience at City Year and put it to work in exceptional ways. As leaders and role models, they are having a profound affect on our youth, our communities and our country."

This year's winners, chosen by a panel of Compaq and City Year representatives, were among 50 Leadership Award nominees from across the country.

The winners each received a Compaq Presario notebook computer system and a recognition plaque.

About Compaq

Compaq Computer Corporation, a Fortune Global 100 company, is a leading global provider of technology and solutions. Compaq designs, develops, manufactures, and markets hardware, software, solutions, and services, including industry-leading enterprise computing solutions, fault-tolerant business-critical solutions, and communications products, commercial desktop and portable products, and consumer PCs that are sold in more than 200 countries. Information on Compaq and its products and services is available at http://www.compaq.com.


Notes:

Compaq and the Compaq logo Registered U.S. Patent and Trademark Office. Other product names mentioned herein may be trademarks and/or registered trademarks of their respective companies. This press release may contain forward-looking statements based on current expectations that involve a number of risks and uncertainties. The potential risks and uncertainties that could cause actual results to differ materially include, among others: market conditions, particularly in the U.S.; increased competitive environment and pricing pressures; disruptions related to restructuring activity and delays in the implementation of changes in delivery models. Further information on these and other factors that could affect Compaq's financial results is included in Compaq's Securities and Exchange Commission (SEC) filings, including the latest Annual Report on Form 10-K and the latest quarterly report on Form 10-Q.

 


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