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SANTA CLARA, Calif.--(BUSINESS WIRE)--May 7, 2001--Silicon Valley, the center of innovation and discovery, welcomed the world's next generation scientists and inventors for the Intel International Science and Engineering Fair (ISEF) 2001 presented by Applied Materials. This week-long event, the ``Olympics'' of high school science competitions, will be held in San Jose on May 6-12.

The Intel ISEF recognizes and rewards the world's brightest young minds and encourages them to continue to refine their science and technology skills. The Intel ISEF is the only international science fair for students in grades nine through 12 that showcases all life sciences. This year's event displays research projects by more than 1,200 of the world's best young scientists and inventors who will compete for $3 million in awards and scholarships. Student finalists emerged from a field of approximately one million students who competed in more than 400 regional Intel ISEF-affiliated science fairs around the world during the 2000 to 2001 academic year.

Research projects include a glove that translates sign language to a computer, a more efficient way to decode DNA, and a method of reducing harmful fuel emissions through additives. Although developed by high school students, the projects often represent significant research that rivals work done at the post-collegiate level. In fact, more than 10 percent of the students compete with patents pending on their research.

``As the center for some of the world's most advanced innovations in science and engineering, Silicon Valley is a natural host for Intel ISEF 2001,'' said Craig Barrett, president and chief executive officer, Intel Corporation. ``The next innovations and ideas will come from these Intel ISEF students and other young people who are comfortable with technology and have a solid grounding in science and math.''

Awards

Students will be eligible for the following awards at the Intel ISEF 2001 presented by Applied Materials:

• Intel Young Scientist Scholarships: The top three finalists, selected by Intel judges, each receive a $50,000 college scholarship and an Intel® Architecture-based mobile computer.
• Glenn T. Seaborg Nobel Prize Visit Award: The two top-scoring individuals, selected by the Grand Award judges, will attend the Nobel Prize Award Ceremony in Stockholm, Sweden.
• European Union Contest for Young Scientists and the Ireland Young Scientist and Technology Exhibit: The two top-scoring teams, selected by the Grand Award judges, visit the European Union Contest for Young Scientists and the Ireland Young Scientist Technology Exhibit, respectively.
• ``Best of Category'' Awards: The top student in each category will receive the ``Best of Category'' award consisting of $5,000 and an Intel Architecture-based mobile computer.
• Grand Awards: Grand Awards are given in each of the 15 categories in first, second, third and fourth places. Awards are $3,000 for first place; $1,500 for second place; $1,000 for third place; and $500 for fourth place.
• Special Awards and Government Awards: Organizations representing a wide variety of scientific disciplines affiliate with the Intel ISEF as special awards organizations. These governmental, industrial and educational institutions present grants, scholarships, internships, and scientific field trips.
• Scholarships: Partial and full-time scholarships worth $1.2 million and internships are awarded by a number of schools. In addition, Applied Materials is contributing the funds for engineering scholarships at Cornell University, San Jose State University and University of California, Berkeley.

San Francisco Bay Area Hosts Next Generation of Scientific Leaders

A committee of local business leaders, politicians and volunteers has worked for 10 years to bring the Intel ISEF to Silicon Valley. The committee has rallied financial and in-kind support from high-tech leaders including Applied Materials Inc., Seagate Technology Inc., Siebel Systems Inc. and Agilent Technologies. In addition, more than 1,000 San Francisco Bay Area residents will serve as judges or volunteers at the fair.

``Applied Materials is proud to be a major sponsor of the Intel ISEF, the first international competition in San Jose,'' said James C. Morgan, chairman and chief executive officer, Applied Materials Inc. ``The fair plays an important role in inspiring youth in the Silicon Valley and throughout the world as we look to develop the innovators and technology leaders of the future.''

A schedule of events for the fair is posted at www.intel.com/pressroom/kits/education.

Intel ISEF Background

The Intel ISEF has been coordinated for the past 52 years by Science Service, a non-profit organization dedicated to advancing the understanding and appreciation of science among people of all ages through publications and educational programs. In its fifth year as title sponsor, Intel commits several million dollars annually to develop and promote the competition. In addition, each year a volunteer host committee representing the host city raises funds to sponsor events throughout the fair. For more information on Science Service and the Intel ISEF, see www.sciserv.org.

Intel's sponsorship of the International Science and Engineering Fair is part of the Intel Innovation in Education initiative to prepare today's teachers and students for tomorrow's demands. Intel develops and supports education programs that help meet the needs of students and communities worldwide through improving science, math, engineering and technology education; improving education through the effective use of technology in classrooms; and broadening access to technology and technical careers. For more information on Intel's commitment to education, see www.intel.com/education.

Intel, the world's largest chip maker, is also a leading manufacturer of computer, networking and communications products. Additional information about Intel is available at www.intel.com/pressroom.

Note to Editors: Third-party marks and brands are property of their respective holders.

     Intel Corporation
     Meredith Smith, 408/765-2834
     meredith.smith@intel.com