Posted on January 20, 2006

Xerox Grants ‘Technical Minority Scholarships’ to 119 Students

Business Wire, Jan. 19, 2006

Xerox Corporation (NYSE: XRX) has awarded its annual Xerox Technical Minority Scholarships to 119 graduate and undergraduate students from across the country to recognize their high academic achievement in the fields of science, engineering and technology.

“The Xerox Foundation is committed to investing in colleges and universities that enhance learning opportunities for minorities, and this scholarship program is another strong avenue we pursue to help students achieve their academic and professional goals,” said Joseph Cahalan, vice president, The Xerox Foundation, which funds the scholarship program.

The 119 winners are from more than 30 states as well as Puerto Rico, and they attend one of about 100 colleges and universities, including Rochester Institute of Technology, Georgia Institute of Technology, Massachusetts Institute of Technology, Purdue University, North Carolina A&T State University, University of California, Los Angeles and Penn State. Chosen from 823 qualified applicants, the majority of the scholarship winners receive $1,000 toward college tuition costs for the 2005-2006 school year, with 12 scholarships granted in amounts up to $10,000, for a total Xerox investment of more than $155,000.

The Xerox scholarship program began in 1987; since then, more than 1,400 students have benefited from almost $2 million in funding.

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.

To access the full list of this year’s scholarship winners, visit www.xerox.com/technicalminoritywinners. For more information on the Xerox Technical Minority Scholarship and how to apply, visit www.xerox.com/careers.