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DALLAS (May 16. 2005) – As Texas Instruments celebrates its 75th
anniversary today, the company is not only commemorating three-quarters
of a century of technology leadership, it also is honoring its legacy
of support for education and community service.
TI’s “four fathers” -- Erik Jonsson, Eugene McDermott,
Cecil H. Green and Patrick Haggerty -- instilled a spirit of philanthropy
and community commitment that still thrives at TI today. In North Texas,
the company’s philanthropic efforts have had a significant and far-reaching
impact as millions of dollars and millions of hours of volunteer time
have been invested by the company, the TI Foundation and its North Texas
employees.
“TI’s culture of innovation, ethics, integrity and inclusion
are attributes we inherited from the company’s forefathers and successive
generations of leadership and employees,” said TI president and
CEO Rich Templeton. “The future is now in the hands of current TIers,
and I am proud of how they have responded to this company’s legacy
and continue to make a positive difference.”
For example, TI employees are regularly the area’s largest contributors
to United Way, donating $3.4 million in 2004. Former TI chairman Erik
Jonsson was instrumental in creating the organization in Dallas back in
1963.
Under the leadership of former chairman Jerry Junkins, the TI Foundation
helped pioneer work on early childhood education that has now become a
national model. The company has made important strides on other areas
of education as well, working to develop programs that have a measurable
impact, primarily in math and science, and can also be easily replicated.
Included are many initiatives that reach female and minority students
who might not otherwise excel in these core areas.
Another significant effort has been the company’s support for minority-
and women-owned businesses. TI has spent more than $2 billion with women
and minority owned businesses in the past 15 years based on a belief that
a diverse supplier base is good for the company’s ability to compete
as well as the economic development of its communities.
The TI Foundation has made significant grants to state universities including
Prairie View A&M and University of Texas at El Paso on programs that
will reach more minority engineering students. Other grant recipients
have included Southern Methodist University, Rice University, Texas A&M
University, Paul Quinn College, Tarrant County Community Colleges, Texas
State Technical College, Texas Tech University, Texas Women’s University,
University of Houston, University of North Texas, University of Texas
at Arlington, University of Texas at Austin, University of Texas Pan American
and University of Texas Southwestern Medical School.
TI’s early leaders were responsible for creating the institution
that ultimately became the University of Texas at Dallas. They believed
the region needed a top university to fill the need of the growing job
market. Today, UTD is on a path to become a tier one research university.
More recently, TI has made a $1 million grant to Collin County Community
College District to provide scholarships for students who plan to study
engineering. The TI Foundation also made the first commitment to Rising
Stars, a scholarship program that guarantees a two-year education to any
Dallas County student in the top 40% of his or her high-school class with
a financial need.
Education is not TI’s only focus of support. TI donated $500,000
to bring the Women's Museum to Fair Park in Dallas and sponsors the Classical
Series of the Dallas Symphony Orchestra. The TI Founders IMAX Theater
at The Science Place in Dallas offers a full array of education programming
in IMAX format, and TI offers support and leadership to numerous other
arts, cultural, health and human services organizations including the
Dallas Museum of Art, the Dallas Arboretum and Children’s Medical
Center of Dallas.
Bill Lively, of the Dallas Center for the Performing Arts Foundation,
characterized Texas Instruments as “one of the world’s great
companies. Over the years, TI’s success has resulted in thousands
of jobs for Dallasites and people around the world, infused millions into
the Dallas economy and – through its philanthropic support --encouraged
and assisted important Dallas institutions.”
As TI prepares to mark the day in 1930 when TI’s founders filed
incorporation papers, the company’s commitment to helping and supporting
others remains as strong as ever.
“For 75 years, Texas Instruments has benefited from being headquartered
in Dallas, one of the world's great entrepreneurial and business environments.
We value our relationship with its people and our role as a corporate
citizen and want to work to make Dallas even stronger during the next
75 years,” said Tom Engibous, chairman of TI.
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Texas Instruments
Incorporated provides innovative DSP and analog technologies to meet our
customers' real world signal processing requirements. In addition to Semiconductor,
the company's businesses include Sensors & Controls, and Educational
& Productivity Solutions. TI is headquartered in Dallas, Texas, and
has manufacturing, design or sales operations in more than 25 countries.
Texas Instruments
is traded on the New York Stock Exchange under the symbol TXN. More information
is located on the World Wide Web at www.ti.com.
To
view a history of TI innovations, visit www.ti.com/75years.
IMAX
is a registered trademark of its respective owner.
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