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PRESS RELEASE
Contact Information: Tanya Klein Public Relations 973-596-3433

NJIT’s Celebration Raises $400,000; Verizon Named Outstanding Corporate Partner

Verizon Communications Inc. was named outstanding corporate partner last month at NJIT’s Celebration 2007 at the Somerset Palace. Dennis Bone, Verizon New Jersey President, accepted the honor on behalf of the company.

Celebration is NJIT’s annual black-tie event.  This year 300 supporters attended and raised almost $400,000 for endowed scholarship funds to benefit NJIT students. Since 1995, this gala evening of dinner and dancing has raised nearly $3 million. Celebration honors individuals for achievements of great benefit to New Jersey and the nation, and organizations that have been exceptional in their commitment to the university's mission.

Over the years, there has been a close and supportive relationship between Verizon and NJIT. In addition to generous financial support, numerous NJIT graduates have embarked on successful careers with Verizon, with more than 60 alumni now employed at the company. Verizon executives have also served on many of the university’s advisory and governing boards, contributing their extensive expertise to the growth of New Jersey’s preeminent technological research university.

Verizon is a leader in delivering broadband and other communication innovations to mass market, business, government and wholesale customers.

Verizon’s Access New Jersey program provides schools and public libraries with free equipment and special rates for high-speed access to the Internet. Verizon also helps low-income residents and seniors afford basic telephone service through its Communications Lifeline program. Verizon is a leading supporter of innovative, technology-based approaches to literacy and K-12 education. The company’s annual charitable contributions in New Jersey, including matching employee contributions, total more than $4 million.

For more than 125 years, the institution historically known as New Jersey Institute of Technology has enabled talented young men and women to embark on careers in a broad range of technological, scientific and design fields. Generations of NJIT alumni have risen to prominence in the private and public sectors, realizing their full promise as leaders and innovators.  NJIT is dedicated to making this opportunity available to as many outstanding applicants as possible, regardless of their financial circumstances. With the assistance of concerned supporters who share this vision for the future, NJIT will continue to nurture the aspirations of students whose personal success is vital for the well-being of our home state, and nation as a whole and the global community.

NJIT, New Jersey's science and technology university, enrolls approximately 10,000 students pursuing bachelor's, master's and doctoral degrees in 120 programs. The university consists of six colleges: Newark College of Engineering, College of Architecture and Design, College of Science and Liberal Arts, School of Management, College of Computing Sciences and Albert Dorman Honors College. U.S. News & World Report's 2012 Annual Guide to America's Best Colleges ranked NJIT in the top tier of national research universities. NJIT is internationally recognized for being at the edge in knowledge in architecture, applied mathematics, wireless communications and networking, solar physics, advanced engineered particulate materials, nanotechnology, neural engineering and e-learning. Many courses and certificate programs, as well as graduate degrees, are available online through the Division of Continuing Professional Education.