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SAGINAW FUTURE INC. RECEIVES $25,000 AT&T GRANT

Grant will fund business attraction and retention program for life sciences industries

 

Saginaw, Mich., Feb. 24, 2006 – AT&T Inc. (NYSE: T) is proud to announce a grant that will help Saginaw Future Inc. continue its mission of creating local jobs and economic diversification. The $25,000 grant, which was reported on at the organization’s meeting on Friday afternoon, is a gift from the AT&T Foundation, the philanthropic arm of AT&T Inc. and one of the country’s largest corporate foundations.

“AT&T is pleased to fund this particular initiative and continue our contribution to Saginaw Future inc.’s  economic development efforts,” said Gavin Goetz, director of external affairs for AT&T in Saginaw. “We are confident that this program will have a positive impact on the entire community.”

 

The AT&T grant is expected to result in the attraction of medical device and diagnostic equipment firms to Saginaw County, creating new high-tech jobs for the region.  In addition, this program will help drive the development of a diverse technology workforce.  Grant funds will be used to develop printed and electronic materials describing regional assets that support the medical device industry.

 

“I applaud Saginaw Future and AT&T for their support of innovative, out-of-the-box thinking when it comes to economic development in the Saginaw area,” said Michigan State Representative, Roger Kahn(94th). “It is imperative that all business, nonprofit and government leaders continue to create and sustain programs that move our economy forward.”

 

AT&T has a long-standing partnership with Saginaw Future inc., having supported a number of the organization’s successful programs such as the Saginaw County Workforce Development program, a virtual tour program, and a computerized Geographic Information System.

 

“This program will allow Saginaw Future to focus on growing the local life sciences industry at a key time,” said JoAnn Crary, President and CEO of Saginaw Future Inc. “We are grateful to AT&T, a champion of Saginaw’s economic development, for its continued support of our organization.”

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About the AT&T Foundation
The new AT&T Foundation, the philanthropic arm of AT&T Inc., supports programs that build communities and improve access to information technologies, technology training and professional skills development. The new AT&T Foundation will provide more than $60 million in 2006 in charitable contributions, thereby placing it among the top five largest corporate foundations in the country. The new AT&T Foundation combines over forty years and $1.7 billion of philanthropic commitment to communities across the country.

About the New AT&T
AT&T Inc. is one of the world's largest telecommunications holding companies and is the largest in the United States. Operating globally under the AT&T brand, AT&T companies are recognized as the leading worldwide providers of IP-based communications services to business and as leading U.S. providers of high-speed DSL Internet, local and long distance voice, and directory publishing and advertising services. AT&T Inc. holds a 60 percent ownership interest in Cingular Wireless, which is the No. 1 U.S. wireless services provider with more than 54 million wireless customers. Additional information about AT&T Inc. and AT&T products and services is available at www.TheNewATT.com.

©2006 AT&T Knowledge Ventures. All rights reserved. Subsidiaries and affiliates of AT&T Inc. provide products and services under the AT&T brand.

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Saginaw Future Inc.
515 N. Washington Ave., 3rd Floor    Saginaw, MI 48607
Phone: 989-754-8222 
  Fax: 989-754-1715    E-mail: info@saginawfuture.com