Lenovo Announces Support for Wake Tech Fundraising Initiative

December 10th, 2012





PC Maker Commits to “The Ripple Effect” Campaign

RALEIGH, N.C. (December 10, 2012) - Global technology giant Lenovo has announced its support for Wake Tech’s largest-ever fundraising initiative, a major gifts campaign called “The Ripple Effect.” The campaign is a response to record-breaking enrollment at Wake Tech and increased demand for the education and training programs the college offers. Lenovo, the second largest PC manufacturer in the world, with global headquarters in Morrisville, has pledged $168,000 to the Ripple Effect campaign over the next two years.

“Lenovo’s generous support will have tremendous impact,” says Wake Tech President Dr. Stephen Scott, “improving both teaching and learning at Wake Tech and helping faculty and students advance along with the newest technologies.” 

Lenovo’s commitment to Wake Tech includes both financial and in-kind contributions. The gifts will provide professional development for faculty and staff, scholarships for students, and technology hardware support that will benefit all members of the academic community.

“Lenovo is thrilled to support the Wake Tech Foundation’s Ripple Effect program. Our company and employees are committed to increasing access to education, particularly through innovation and technology,” said Tom Looney, Vice-President and General Manager Lenovo North America. “We support the Foundation’s mission to provide the right resources to all who seek to advance their education.”

The Ripple Effect Campaign supports scholarships and mentoring initiatives for students, faculty and staff innovation, and technology to provide the most up-to-date training. Investors may make gifts in the form of cash, securities, personal property, and planned gifts of many types. To find out more, visit http://therippleeffectcampaign.org or contact vgparker@waketech.edu.

About the Wake Tech Foundation:

The Wake Tech Foundation’s mission is to partner with corporations, foundations, and individuals to support Wake Technical Community College’s institutional and instructional needs. In the 2011-2012 academic year, 233 students continued their education with the help of a Foundation scholarship or emergency financial assistance loan. To date, more than 300 employees have received financial assistance to pursue their bachelor’s or master’s degree, doctorate, certificate, licensure or other professional development through the Foundation’s tuition assistance program. For more information, visit http://foundation.waketech.edu.

About Lenovo:

Lenovo is a $30 billion personal technology company – and the second largest PC company in the world, serving customers in more than 160 countries. Dedicated to building exceptionally engineered PCs and mobile internet devices, Lenovo’s business is built on product innovation, a highly-efficient global supply chain and strong strategic execution. Formed by Lenovo Group’s acquisition of the former IBM Personal Computing Division, the company develops, manufactures and markets reliable, high-quality, secure and easy-to-use technology products and services. Its product lines include legendary Think-branded commercial PCs and Idea-branded consumer PCs, as well as servers, workstations, and a family of mobile internet devices, including tablets and smart phones. Lenovo has major research centers in Yamato, Japan; Beijing, China; and Raleigh, North Carolina. For more information, see www.lenovo.com


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