Contact: Jim Gardner, Executive Director of Communications, (973) 596-3433
Contact: Carla Anderson, Director of Public Relations (973) 596-3436
For Release: Immediate
Reference Number: 3374


NEWARK, N.J., September 21, 1998 Ė Mrs. Lilyan Kreitchman, widow of Morton A. Kreitchman, class of '44, has committed $42,000 a year to New Jersey Institute of Technology to establish The Morton A. Kreitchman í44 Memorial Scholarship Fund, a scholarship for students of mechanical engineering.

The scholarship, which becomes effective this September, will provide full or partial tuition for students who study mechanical engineering, with preference given to those who pursue the field of fluid control. Mrs. Kreitchmanís company, Valcor Engineering Corp., specializes in valves for fluid control, and has markets in the aerospace, nuclear, biomedical and chemical industries.

In presenting the gift, Mrs. Kreitchman, a resident of South Orange, said her husband had always valued his years at NJIT, then called the Newark College of Engineering, and attributed his professional success to his education. Morton Kreitchman founded Valcor Engineering in a Newark loft in 1951, and presided over that companyís growth until his death in 1987. Before founding the company, Kreitchman had worked for RCA in Camden and IT&T in Newark.

"Our philosophy always was that if youíve been a little lucky in this life, you have to make it a little better for this world," said Lilyan Kreitchman.

Haim Loran, President of Valcor, has also been named to the Advisory Board for the Mechanical Engineering Department. He will sit on the scholarship award committee.

"We hope that some of those students who receive this scholarship will develop a relationship with Valcor," Loran said. "We will certainly offer internships, with the possibility of future employment."

Saul K. Fenster said the gift, which is recurring and therefore has the effect of a $1 million gift to the universityís endowment, will help NJIT continue to attract top quality students.

"Mechanical Engineering is a profession that needs gifted graduates," said Fenster. "With the surge of interest in computer science, fewer students are attracted to traditional engineering programs like mechanical and chemical engineering. Yet industry leaders are telling us they would like to see us graduating more mechanical and chemical engineers. So we need to be aggressive in recruiting students to these disciplines, and scholarship gifts like this from Mrs. Kreitchman will help the university to meet this challenge."

NJIT is a public research university enrolling nearly 8,200 bachelorís, masterís and doctoral students in 76 degree programs through its five colleges: Newark College of Engineering, School of Architecture, College of Science and Liberal Arts, the School of Management and the Albert Dorman Honors College. Research initiatives include manufacturing, microelectronics, multimedia, transportation, computer science, solar astrophysics, environmental engineering and science, and architecture and building science. Yahoo! Internet Life magazine ranked NJIT the second "most wired" campus in the nation, U.S. News and World Reportís 1999 Annual Guide to Americaís Best Colleges ranked NJIT among the nationís top universities, and Money magazineís Best College Buys 1998 rated NJIT as the third best value among U.S. science and technology schools and 59th among the top 100 institutions overall.

 {Back to News Releases Index | Information for Media | News & Information}
{To NJIT Home Page}