PRESS RELEASE
RICOH SPONSORS SUSTAINABLE DEVELOPMENT AWARD AT INTEL INTERNATIONAL SCIENCE AND ENGINEERING FAIR
For Fourth Consecutive Year, Ricoh to Reward Young Leaders in Sustainable Business Innovation and Technological Excellence
West Caldwell, NJ, May 05, 2008 — Ricoh Americas Corporation, the leading provider of digital office equipment, announced today that for the fourth consecutive year, it will present the Ricoh Sustainable Development Award at the Intel International Science and Engineering Fair (Intel ISEF) on Thursday, May 15, 2008. This year’s event will be held at the Georgia World Congress Center in Atlanta, Georgia from Sunday, May 11th through Friday, May 16th.
The annual Ricoh Sustainable Development Award provides scholarships to high school students whose projects contain technological and scientific innovations that best reflect the principles of sustainability by balancing economic development with environmental responsibility. The competition is designed to foster dialogue and awareness of sustainable development by reinforcing the importance of pairing innovation with social responsibility. Ricoh will be awarding two $25,000 scholarships to students that exhibit the most outstanding projects that promote sustainable business practices A team of judges, comprised of engineers, scientists, business professionals and educators, will review entries among all the general award categories to determine the winner of the Ricoh Sustainable Development Award.
"For decades, Ricoh has been a leader in creating green technologies and products to help businesses operate efficiently with the greater good of our earth in mind," said Kirk Yoshida, chairman & CEO, Ricoh Americas Corporation. "We’re proud to sponsor the Ricoh Sustainable Development Award at Intel’s ISEF and hope to encourage the young minds of today to develop solutions that will benefit the environment tomorrow."
The Intel ISEF 2008 is the world’s largest annual celebration of science for high school students, bringing together nearly 1,500 students from over 40 nations. Students compete for over $4 million in scholarships and other awards including internships and grants for scientific field trips. Since its inception in 1950, the International Science and Engineering Fair has been administered by Society for Science & the Public, a non-profit organization dedicated to advancing the understanding and appreciation of science around the globe.
About Ricoh Americas Corporation
Ricoh Americas Corporation, headquartered in West Caldwell, N.J., is a subsidiary of Ricoh Company Ltd., the 72-year-old leading supplier of office automation equipment and electronics, with fiscal year 2006 sales in excess of $17 billion, an 8.4 percent increase over the previous year.
Ricoh Americas Corporation is a leading provider of document solutions. Ricoh’s fully integrated hardware and software products help businesses share information efficiently and effectively by enabling customers to control the input, management and output of documents.
Ricoh Americas Corporation directly or through its network of authorized dealers markets and distributes products in North, Central and South America.
Information about Ricoh's complete range of products and services can be accessed on the World Wide Web at www.ricoh-usa.com.
Editor’s Note: What is Sustainable Development?
Sustainable Development refers to development that meets the needs of the present without compromising the ability of future generation to meet their own needs. It focuses on economic development that goes hand-in-hand with ecological and social integrity. Sustainable Development is less of a program and more of a multifaceted approach to managing our environmental, economic, and social resources for the long term. In simplest terms, it means adding some new considerations to our everyday decisions. In business, it means triple bottom line reporting, melding the financial health of a company with its social and environmental responsibilities.
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