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White Plains, NY June 5, 2007 — ITT Corporation (NYSE:ITT) announced today that the following five individuals have been awarded ITT college scholarships:
"We are proud to recognize these outstanding students and to assist them in pursuing a higher education," said Steve Loranger, Chairman, President and Chief Executive Officer of ITT. "We expect that they will follow in the footsteps of many past ITT scholarship winners who have gone on to promising careers in many fields." Under the program, the amount of each scholarship is based on the financial need of the student recipient planning to work toward an undergraduate degree at the college of his or her choice. Since the program was established in 1980, some 1,620 ITT scholarships have been awarded. The program is administered by an independent organization called the Scholarship and Recognition Programs, a division of the Educational Testing Service in Princeton, NJ. ITT's Space Systems Division provides innovative solutions to customers in the Department of Defense, Intelligence, Space Science and Commercial Aerospace to help them visualize and understand critical events happening on Earth, in the air, or in space in time to take effective action. Leveraging comprehensive capabilities within the electromagnetic spectrum, Space Systems' solutions span from image and data collection through processing and dissemination. Key applications include intelligence, surveillance and reconnaissance; high-resolution commercial imaging; space science; meteorology and Earth sciences; GPS navigation; and image and data processing and dissemination. For more information on ITT's Space Systems Division, please visit http://www.ssd.itt.com. About ITT Corporation ITT Corporation (www.itt.com) supplies advanced technology products and services in several growth markets. ITT is a global leader in the transport, treatment and control of water, wastewater and other fluids. The company plays a vital role in international security through its defense communications and electronics products; space surveillance and intelligence systems; and advanced engineering and related services. It also serves the growing leisure marine and electronic components markets with a wide range of products. Headquartered in White Plains, NY, the company generated $7.8 billion in 2006 sales. In addition to the New York Stock Exchange, ITT Corporation stock is traded on the Euronext and Frankfurt exchanges. For free B-roll/video content and logo about ITT Corporation, please log onto http://www.thenewsmarket.com/itt to preview and request video. You can receive broadcast-standard video quality digitally or by tape from this site. Registration and video are free to the media. Editor's Note: For additional information about ITT Industries Space Systems visit our Web site at http://www.ssd.itt.com/ © ITT Industries, 2007. |
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