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Embry-Riddle Receives Donation in Fairchild Semiconductor Stock

Prescott, Ariz., June 25, 2004 -- Joseph Martin, a member of the President's Advisory Board at Embry-Riddle Aeronautical University, has made a generous donation of Fairchild Semiconductor International Inc. stock to the school. The College of Engineering at the university's residential campuses in Prescott, Ariz., and Daytona Beach, Fla., will use the donation for high-performance computer equipment to enhance its capability in Computational Fluid Dynamics (CFD) and other areas.

"This is a powerful gift to Embry-Riddle students," said James Hill, the university's vice president of Development. "Technology has always played a central role in meeting our students' educational needs. This contribution will take our computational capabilities to another level, ensuring that our students have opportunities to master the latest technologies and to compete in the industry."

Martin's gift will expose students to the kinds of technology they will need for success during their careers.

The planned supercomputer system, a SGI� Altix�, includes 12 processors of "lightning fast" 1.4 GHz Intel� Itanium� 2 CPUs (64-bit with 3 MB extended L3 cache) and approximately a 500 GB of SGI� InfiniteStorage network-attached data storage. This Linux� OS-based supercomputer can be accessed by an x-windows terminal interface through a campuswide local area network.

Professors will use the system to teach large-scale simulations far beyond the capabilities of desktop personal computers. In particular, advanced computing power is needed for simulations in Computational Fluid Dynamics, applications using finite element simulations in heat transfer and structural mechanics, as well as Monte Carlo simulation in physics.

The SGI Altix 350 supercomputer is made by Silicon Graphics Inc. (NYSE:SGI), the world's leader in high-performance computing, visualization, and storage.

"These new breed machines are the tools our students will use when they enter the workforce," said Don Rabern, dean of the College of Engineering at Embry-Riddle's Prescott campus. "As a leading-edge educator, we must prepare students for industry expectations by giving them access to these machines before they reach the workplace rather than when they do."

Martin made the gift after a recent tour of the Prescott campus with the Embry-Riddle President's Advisory Board. Martin saw a presentation on the efforts of the College of Engineering and their work to enhance the university's capability in Computational Fluid Dynamics. Martin realized the university's need and decided to offer assistance to his alma mater.

Martin, who graduated from Embry-Riddle in 1974 with a B.S. in aeronautics, is a senior executive vice president and chief financial officer for Fairchild Semiconductor International Inc. Martin is also vice chairman of Fairchild's Board of Directors, with more than 23 years of experience in the semiconductor industry. Previously, he was a founder and the chief financial officer of VTC Inc., and later vice president of finance for National Semiconductor.

Embry-Riddle, the world's largest, fully accredited university specializing in aviation and aerospace, offers more than 30 degree programs in its colleges of Arts and Sciences, Aviation, Business and Engineering and meets the needs of students and industry through its educational, training, research, and consulting activities. Embry-Riddle educates more than 28,000 students annually through the master level at residential campuses in Prescott, Ariz., and Daytona Beach, Fla., through the Extended Campus at more than 130 teaching centers in the United States and Europe, and worldwide through distance learning.

Silicon Graphics, SGI, Altix, the SGI cube and the SGI logo are registered trademarks and The Source of Innovation and Discovery are trademarks of Silicon Graphics, Inc., in the United States and/or other countries worldwide. Intel and Itanium are registered trademarks of Intel Corporation or its subsidiaries in the United States and other countries. Linux is a registered trademark of Linus Torvalds in several countries. All other trademarks mentioned herein are the property of their respective owners.