Storagetek Contributes $50,000 for Equipment in New College Ofbusiness Facility; Rockwell Hall Dedicated in Ceremony

Note to Editors: Taped remarks from the Rockwell Hall dedication ceremony featuring guest speakers Hewlett-Packard Chairman, President and CEO Lewis Platt, Colorado State President Albert C. Yates and Dan Costello, dean of the College of Business, are available this afternoon by calling (970) 491-1525.

A $50,000 gift from a high-tech company based in Colorado will help equip the new home of Colorado State University’s College of Business with the latest computer and other technology to teach students real-world business concepts.

The $50,000 gift from StorageTek of Louisville, Colo., was announced today by Colorado State President Albert C. Yates during the dedication ceremony for Rockwell Hall. The $7.7 million project, which includes a new Classroom and Technology Wing, represents a milestone in the College of Business’ 31-year history, enabling business courses, faculty and computer labs to operate under one roof for the first time.

"We would not be here today celebrating a new look and a new life for Colorado State University’s Rockwell Hall were it not for the generosity and friendship of many," Yates said at the dedication ceremony. "On behalf of Colorado State University, I want to offer a warm and heartfelt thanks to Storage Technology and all of the donors whose commitment and vision have made the Rockwell Hall Classroom and Technology Wing and the Hewlett- Packard Student Computer Laboratory a reality."

These gifts are the most recent in a string of private contributions from alumni and other College of Business supporters. In addition to the gift from StorageTek, the Rockwell Hall fund-raising campaign has received contributions from more than 700 private donors, including a $1 million gift from the David and Lucile Packard Foundation of Los Altos, Calif., the Higley Foundation, Hewlett-Packard Co., and Ashworth Inc. Colorado State, the College of Business and the Colorado State Alumni Association also helped fund the project, as well as the Colorado State Legislature, which allocated $4 million toward both construction phases of the Rockwell Hall.

Funds raised through private contributions help pay for state-of-the-art technology for the new Classroom and Technology Wing of Rockwell Hall. This addition expands the building by 25,198 square feet and includes six multimedia classrooms that will provide students with direct access to a world of information on the Internet as well as audio, video graphics and CD-ROM. Professors will be able to use laptop computers, VCRs and other technology to teach students real-world business concepts and applications in a high-tech and interactive setting. A 49- seat computer classroom, two business communication labs and an 8,000 square-foot courtyard also are new features. An estimated 2,800 students enrolled in business courses are expected to begin taking classes in the new wing this month.

The addition also includes a Hewlett-Packard Student Computer Laboratory equipped with 80 computer stations and enhanced office space for Computer Information Systems department faculty.

The extra space allows other programs to expand in the existing portion of Rockwell Hall. The Advanced Business Application Laboratory, scheduled to open next year, will be located in the existing northeast corner of the building. The lab will be equipped with the most current technology, including full motion VCR, sound and animation, technology terminals at each station donated by HP and a camera operator station.

At the Rockwell Hall dedication ceremony Wednesday, special guest Lewis Platt, chairman, president and chief executive officer of HP, applauded the new College of Business facility and its emphasis on using information technology to teach students.

"Colorado State University provides us with highly qualified people. More than 700 graduates are now working for HP around the world and this year we’ll hire more business graduates from Colorado State than from any other United States school," Platt said. "You are a leader in higher education in Colorado, providing high-quality undergraduate and graduate programs that are relevant to the needs of business."

"Today we have much reason for celebration: A new, state-of- the-art facility, growing national recognition for your program, extremely satisfied students, a business community that feels well-served by its system of higher education, and a powerful, productive partnership between academia and industry."

Platt attended numerous functions as part of the Rockwell Hall dedication and the 19th Annual Business Day, including an informal question-and-answer session with students and the Capstone lecture.