Bayer Receives Ron Brown Award for Corporate Leadership; Top Presidential Honor for Science Education, Science Literacy Initiative; National Corporate Citizenship Prize Caps Making Science Make Sense(R) Program's 10th Anniversary.PITTSBURGH -- (NYSE NYSE See: New York Stock Exchange :BAY) At a White House ceremony today, Bayer Corporation received the Ron Brown Award The Ron Brown Award for Corporate Leadership is a U.S. presidential honor to recognize companies "for the exemplary quality of their relationships with employees and communities". for Corporate Leadership for its Making Science Make Sense(R) program, a company-wide initiative that advances science literacy science literacy A general term for the awareness a person or the public has of basic scientific facts, concepts, and theories across the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. through hands-on, inquiry-based learning Inquiry based learning describes a range of philosophical, curricular and pedagogical approaches to teaching. Its core premises include the requirement that learning should be based around student questions. , employee volunteerism and public education. Secretary of Commerce Carlos M. Gutierrez presided over the award ceremony. Bayer was one of three companies honored this year and is the first chemistry company to receive the award. The Ron Brown Award for Corporate Leadership recognizes the country's outstanding corporate citizens. It is the only presidential award to honor companies for the exemplary quality of their relationships with employees and communities. The award is given annually to companies that have demonstrated a deep commitment to initiatives that not only empower employees and communities, but also advance strategic business interests. "We are extremely honored to receive the Ron Brown Award," said Dr. Attila Molnar, Bayer Corporation president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "This recognition highlights our commitment to communities nationwide. I am especially proud of our employee volunteers who have taken a leadership role in advancing science literacy by sharing their insights and experience with scores of teachers and students around the country. By doing this, they embody our company motto, 'Science For A Better Life.'" Celebrating its 10th anniversary, Making Science Make Sense has helped more than one million American students and teachers improve their science literacy and learning through a National Science Education Standards-based hands-on science approach. This includes systemic science education reform and the expertise of Bayer's 1,200-plus science volunteers who share their time and talent in classrooms nationwide. The program reaches millions more American citizens through its unique national advocacy program led by former astronaut and Bayer spokesperson, Dr. Mae C. Jemison. "It is with great pride that I stand here today with my friends from Bayer to congratulate them and salute a decade's commitment to improving science education and fostering science literacy," said Dr. Jemison. "The cornerstone of the program and the basis for our longstanding partnership is a shared philosophy that science is best learned through a hands-on, minds-on, hearts-on approach that ignites and engages young minds and prepares them to be lifelong learners." "Our commitment to strengthening science education and science literacy stems from the fact that new technologies and concepts and increasing global market competition will continue to demand a U.S. workforce that is flexible, scientifically literate and equipped with the critical thinking, problem solving problem solving Process involved in finding a solution to a problem. Many animals routinely solve problems of locomotion, food finding, and shelter through trial and error. and team working skills fostered by a quality science education," explained Dr. Molnar. Ten years ago, Bayer declared this commitment when it established Making Science Make Sense as a company-wide program. In so doing, it formally launched a nationwide, grassroots science education outreach Education outreach is a variation of Cause Marketing and/or Strategic Philanthropy and other focused Public Affairs activities that are specific to education. These programs may include:
Making Science Make Sense is one of more than 300 corporate social responsibility programs Bayer has developed globally to help people around the world improve their lives through education outreach, awareness and advocacy. For more information about Making Science Make Sense, please visit www.BayerUS.com/MSMS. Bayer Corporation, headquartered in Pittsburgh, is part of the worldwide Bayer Group, an international health care, nutrition and innovative materials group based in Leverkusen, Germany. In North America, as of April 2005, Bayer employed about 16,000 and had net sales Net Sales The amount a seller receives from the buyer after costs associated with the sale are deducted. Notes: This amount is calculated by subtracting the following items from gross sales: merchandise returned for credit, allowances for damaged or missing goods, freight in 2004 of 8.3 billion euros. Bayer's three operating companies -- Bayer HealthCare LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , Bayer CropScience LP and Bayer MaterialScience LLC -- improve people's lives through a broad range of essential products that help diagnose and treat diseases, protect crops and advance automobile safety and durability. The Bayer Group stock is a component of the DAX and is listed on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. (ticker symbol Ticker Symbol An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors : BAY). Forward-Looking Statements This news release contains forward-looking statements based on current assumptions and forecasts made by Bayer Group management. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. These factors include those discussed in our public reports filed with the Frankfurt Stock Exchange Frankfurt Stock Exchange The largest of Germany's eight securities exchanges, operated by Deutsche Borse AS. and with the U.S. Securities and Exchange Commission (including our Form 20-F). The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments. |
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