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Norstan Hosts Executive Seminar Series ''Managing by Value'' at Georgetown College, Kentucky

Submitted by: Norstan, Inc.

Categories: Corporate Governance

Posted: Feb 13, 2003 – 11:00 PM EST


Feb. 13 /CSRwire/ - MINNEAPOLIS, MN - Norstan, Inc. (Nasdaq:NRRD), a leading provider of communications technology solutions, announced today that the Company is pleased to host an executive seminar series at Georgetown College, in Georgetown, Kentucky. The series, "Managing by Values," focuses on the importance of leading with values and ethics in today's corporate environment.

"We are pleased that Georgetown College has asked Norstan to lead this series," said Paul Baszucki, Norstan's chairman. "The identification, communication and integration of values into a corporate environment is an on-going process - a journey, not a destination. Norstan was built and continues to thrive in part today because of our 29-year-old commitment to integrating values and ethics in every aspect of the company."

The bi-monthly series begins in January and runs through December 2003. It will culminate in a symposium in January 2004 on Moral Leadership, with a national audience in nearby Lexington, KY. Members of Norstan's executive management team will lead values-based discussions in the areas of corporate turnarounds, sales, customer service, corporate finance and human resources.

"Norstan is highly regarded in the industry for its commitment to a values-based approach to management," said Dr. William H. Crouch, Jr., president of Georgetown College. "The company, with its long-time history of commitment in this area, was a natural choice to lead this type of executive seminar."

Attending the series are executives that span many industries, such as Valvoline, Fifth Third Bank, Lexmark, Toyota Motor Manufacturing - Kentucky and CHA Health. Many from this list have been members of Georgetown's Corporate Peer Exchange, sharing "best practices" since 1995.

"We think that an executive seminar series on corporate values and ethics is particularly timely right now," said James C. (Jim) Granger, Norstan's president and chief executive officer. "The media is filled with stories of corporate scandal, involving some of the pillars in Corporate America. We hope this series will offer its participants a forum to contemplate and discuss the importance of values in American enterprise, and to impart in them a desire to evaluate how they incorporate them these in all parts aspects of their business."

Georgetown College has a five-semester Leadership & Ethics Program, which includes workshops, seminars, community service and assignments. "We can't wait for our top students at Georgetown to have an opportunity to speak with Norstan and other business leaders at these conferences and in the classroom," said Judy Rogers, Georgetown's Vice President for Leadership & Ethics. "We see this as an important step in raising both the regional and national awareness of such an important corporate responsibility."

About Norstan, Inc.

Norstan, Inc. (Nasdaq:NRRD) - ...the technology services people who improve the way their customers communicate. A full-service telecommunications solutions company that delivers voice and data technologies and services, and remanufactured equipment to select corporate end-users and channel partners. Norstan also offers a full range of technologies for contact center, messaging, infrastructure, conferencing and mobility. Headquartered in suburban Minneapolis, Norstan, a company small enough to care, yet big enough to serve, has offices located throughout North America. To learn more, visit the Norstan website at www.norstan.com.

Norstan and associated product names are trademarks or registered trademarks of Norstan, Inc. in the United States and/or other countries. All other products and services mentioned in this document may be trademarks of the companies with which they are associated.

For more information, please contact:

Tony Carideo Padilla Speer Beardsley Inc
Phone: +1-612-455-1720


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