Bear Stearns Selected as Lead Sponsor of College Squash.ACTON, Mass. -- The College Squash Association today announced that Bear Stearns The Bear Stearns Companies, Inc. (NYSE: BSC) is the parent company of Bear, Stearns & Co. Inc., one of the largest global investment banks and securities trading and brokerage firms in the world. , one of the world's most prominent investment banking and securities trading securities trading, financial activity involving transactions of property such as stocks, bonds, commodities, and currency (see securities). Although the trading of stocks and bonds dates back several centuries in many Western nations, the development of the firms, has been chosen as the lead sponsor for intercollegiate squash. "Bear Stearns is a champion of the professional squash community," said John Power, Men's CSA (1) (Canadian Standards Association, Toronto, Ontario, www.csa.ca) A standards-defining organization founded in 1919. It is involved in many industries, including electronics, communications and information technology. president. "Our selection of Bear Stearns among several world-class organizations as lead sponsor reflects the close alignment of our goals, strategies and philosophies." Added Stuart LeGassick, Women's CSA president, "This partnership will provide college squash with an exciting platform for growth and expansion." As lead sponsor, Bear Stearns will actively develop a communication and education program with the CSA for squash student athletes interested in career options in the fields of investment banking and finance. The firm will work with the CSA to create a marketing program to enhance the visibility of the sport, which is increasing in popularity. Bear Stearns is also lead sponsor of the Tournament of Champions Squash, which takes place annually in New York's Grand Central Station. "Squash at a collegiate level represents the qualities of excellence, hard work, sportsmanship, teamwork and growth that Bear Stearns respects and admires," said Samuel L. Molinaro, Executive Vice President and Chief Financial Officer of Bear Stearns. "We are proud to be associated with the sport and look forward to helping it flourish this season." In the CSA intercollegiate squash program, 95 teams compete in over 400 matches. The season culminates in the College National Squash Championships, which will involve more than 800 student athletes competing over three weekends in February. The CSA has welcomed eight new collegiate teams and two new varsity teams to intercollegiate competition over the past three seasons. There are currently 30 clubs across the USA in the process of organizing teams, and the Bear Stearns sponsorship will provide for a series of yearly seed grants to assist these young club teams in funding training and intercollegiate match play. About CSA: The College Squash Association (CSA) is the governing body Noun 1. governing body - the persons (or committees or departments etc.) who make up a body for the purpose of administering something; "he claims that the present administration is corrupt"; "the governance of an association is responsible to its members"; "he for intercollegiate squash in the USA. The CSA administers intercollegiate team competition between approximately 63 varsity and club men's teams and 32 varsity and club women's teams. All intercollegiate varsity and club programs in the USA and Canada, from accredited accredited recognition by an appropriate authority that the performance of a particular institution has satisfied a prestated set of criteria. accredited herds cattle herds which have achieved a low level of reactors to, e.g. colleges and universities of any size, are welcome to join the CSA. Three national championships are run annually, which include the Men's Team Nationals, being held February 15-17 at Harvard University Harvard University, mainly at Cambridge, Mass., including Harvard College, the oldest American college. Harvard College Harvard College, originally for men, was founded in 1636 with a grant from the General Court of the Massachusetts Bay Colony. ; the Women's Team Nationals (The Howe Cup), being held February 22-24 at Princeton University Princeton University, at Princeton, N.J.; coeducational; chartered 1746, opened 1747, rechartered 1748, called the College of New Jersey until 1896. Schools and Research Facilities ; and the National College Individual Championships, being held February 29 - March 2 at the US Naval Academy. For additional information, contact Ron Beck, Executive Director, at 978-266-1300 or CSA@squashtalk.com, or visit the CSA website at www.collegesquash.org. About Bear Stearns: Founded in 1923, The Bear Stearns Companies Inc. (NYSE NYSE See: New York Stock Exchange : BSC (Binary Synchronous Communications) See bisync. ) is a leading financial services firm serving governments, corporations, institutions and individuals worldwide. The Company's core business lines include institutional equities, fixed income, investment banking, global clearing services, asset management, and private client services. Headquartered in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. , the company has approximately 15,000 employees worldwide. For additional information about Bear Stearns, please visit the firm's web site at www.bearstearns.com. |
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