ROCHESTER, N.Y., April 24, 2008 -- Xerox Corporation (NYSE: XRX), building on four decades of leadership in advancing environmentally sustainable practices, is committing $2 million to Rochester Institute of Technology to serve as a founding partner of The Golisano Institute for Sustainability. Anne Mulcahy, Xerox chairman and CEO, made the announcement today during a presentation on the RIT campus.
This latest investment in RIT by Xerox, which will be spread over five years, focuses on developing talent and fostering new sustainable technologies through research.
"Xerox and RIT share a commitment to advancing environmental sustainability through innovation," states Mulcahy. "Our collective efforts have the same desired outcome: making what's good for the environment, good for business."