1.25.2007 - 08:22am ET

(CSRwire) STAMFORD, Conn.--(BUSINESS WIRE)--Jan. 25, 2007--Xerox Corporation (NYSE: XRX) has awarded its annual Xerox Technical Minority Scholarships to 122 graduate and undergraduate students from across the country to recognize their high academic achievement in the fields of science, engineering and technology.

Since the program began in 1987 - 20 years ago - the Technical Minority Scholarship program has provided nearly $2 million in funding to help more than 1,500 students achieve their academic and professional goals.

"A technology company like Xerox relies on great ideas and top talent for our success. So we believe it's a smart investment to help the students of today, ensuring there's a diverse pool of technical experts for the work force of tomorrow," said Joseph Cahalan, vice president, The Xerox Foundation, which funds the scholarship program. The 122 winners are from more than 26 states and Puerto Rico, and they attend one of about 100 colleges and universities, including Carnegie Mellon University, Cornell University, Georgia Institute of Technology, North Carolina A&T State University, Purdue University, Rochester Institute of Technology, University of California, and Penn State.

Chosen from 800 qualified applicants, the majority of the scholarship winners receive $1,000 toward college tuition costs for the 2006-2007 school year, and 12 scholarships are granted in amounts up to $10,000, for a total Xerox investment of more than $160,000. To access the list of this year's winners, hometowns and universities, visit http://www.xerox.com/technicalminoritywinners.

Scholarships are made available to minority students enrolled in technical degree programs at the bachelor's degree level or above. Eligible students must have a grade point average of 3.0 or higher and show financial need. Recipients of the scholarship were notified by letter in December. Students are allowed to reapply for the scholarship on an annual basis, and several dozen students are multiple recipients.

The Technical Minority Scholarship program is just one of several ways that Xerox aims to support education and encourage students to pursue technical careers. The company provides grants to university research programs, offers scholarship support to more than 140 colleges and universities, matches employees' donations to educational institutions, offers challenging internships and co-op opportunities, champions science in elementary schools through its educational "Science Consultants Program," and mentors high-school FIRST robotics-competition teams.

Student Contacts:

For more information on the Xerox Technical Minority Scholarship and how to apply, visit http://www.xerox.com/careers and click on "university."

NOTE TO EDITORS: For more information on Xerox, visit
http://www.xerox.com/news or www.xerox.com/citizenship . XEROX(R) is trademark of XEROX CORPORATION.



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