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FOR IMMEDIATE RELEASE
CONTACT:
Laura Shea
For The Entrepreneurs Foundation of New England
617-520-7015
lshea@webershandwick.com
Entrepreneurs Foundation of New England To Honor Corporate Community
Service Award Winners
Five Local Companies To Receive Awards for Exceptional Corporate Community
Service
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Lexington, MA – June 25, 2003 – The Entrepreneurs
Foundation of New England (EFNE) announced today that it will recognize
five local companies for their work in the community, doing everything
from teaching tennis to inner-city children, to educating youth
about alcohol. The companies will be honored with awards at EFNE’s
annual Corporate Community Service Awards Breakfast, which will
take place on Wednesday, June 25th from 7:30-8:30 AM at The Bay
Colony Conference Center, located at 1100 Winter Street in Waltham,
MA.
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First row from left to right:Howard Anderson, vice-chairman
of EFNE, Brandon Busteed, president of Outside the Classroom which
received our corporate community service award for donating its
on-line alcohol education program to Gloucester High School, Paul
Ingram, Gloucester High School biology teacher whose students took
the on-line alcohol education program, Dr. Joseph Sullivan, principal
of Gloucester High in the front row. In the second row: Gloucester
Mayor John Bell, EFNE Board chairman and founder, Rick Burnes, and
EFNE outside counsel, Stanley Keller,Esq., of Palmer & Dodge,
and Terry Philip Segal, executive director of EFNE.
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The EFNE will recognize the following four local companies who have
demonstrated excellence in corporate community service: enterprise software
provider Frictionless Commerce, for its work with the Margaret Fuller
House; network storage supplier EqualLogic, for its involvement with
Habitat for Humanity; online personal finance education portal MyStockOptions.com,
whose President, Bruce Brumberg, donated his time to teaching tennis
to inner city children; and enterprise software company MarketSoft, for
its work with the Waltham Home for Little Wanderers.
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From left to right: Greg Erman, president of Marketsoft, Michael
Hannigan of Frictionless Commerce, and Bruce Brumberg of My Stock
Options.Com, and Terry Segal, executive direcotr. These three participating
companies also received recognition form EFNE for their corporate
community service programs.
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In addition, special recognition will be given to Boston-based educational
company Outside The Classroom for its contribution of an online alcohol
education program to Gloucester High School. The program, called AlcoholEdu,
takes students through a personalized experience with decision-making
exercises that emulate real-life situations they may experience at college,
and is designed to change individual behavior as well as the culture of
drinking at schools and universities.
Used at hundreds of colleges and universities nationwide, AlcoholEdu
presents research- and science-based information in a non-opinionated
format about the medical and social effects of drinking and empowers
students to make more informed decisions. The course is administered
entirely online and enables administrators to deliver alcohol education
to the entire student body easily and cost effectively. More than 150
seniors at Gloucester High completed the program this year.
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The mayor of Gloucester, John Bell, and Gloucester High principal,
Dr. Joseph Sullivan, will both be on hand to help present this award.
“We are proud to have so many participating EFNE companies
taking a leadership role in a variety of community service initiatives,”
said Terry Segal, Executive Director of The Entrepreneurs Foundation
of New England. “You can’t put a price on the time and
energy that these companies and their employees have devoted to
helping their communities — it is truly inspiring.”
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EFNE executive director Terry Segal(left) presenting Gloucester
High principal Dr. Joseph Sullivan(right) an EFNE corporate community
service award T shirt for his help in convincing the Gloucester
school administration to incorporate Outside the Classroom's on-line
alcohol education program into the Gloucester High curriculum for
seniors.
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The EFNE’s mission is to encourage emerging high tech companies
to give back to the community by donating pre-IPO stock options to the
EFNE. At the time that the company goes public or is acquired, the stock
value is realized and 75 percent of the proceeds are donated to a local
non-profit recommended by the donor company.
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EFNE chairman Rick Burnes speaking to
the over 40 people who attended the EFNE corporate community service
awards breakfast at Charles River Ventures in Waltham, MA.
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About The Entrepreneurs Foundation of New England
The Entrepreneurs Foundation of New England is a non-profit organization
comprised of entrepreneurs, venture capitalists, investment bankers, attorneys
and bankers who have come together to encourage entrepreneurs and their
emerging high-tech companies to give something back to their community.
The EFNE was founded by Rick Burnes, co-founder of Charles River Ventures
and Larry Weber, the high tech public relations innovator and CEO of Weber
Shandwick Worldwide.
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