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Dell Pediatric Research Institute Receives $1 Million Gift from the Bank of America Charitable Foundation
Date:4/24/2008

AUSTIN, Texas, April 24 /PRNewswire/ -- The University of Texas at Austin today received a $1 million gift from the Bank of America Charitable Foundation for capital support of the Dell Pediatric Research Institute, a cutting-edge center for children's health research in Central Texas.

(Logo: http://www.newscom.com/cgi-bin/prnh/20050720/CLW086LOGO-b )

Kenny Wilson, Central and South Texas president for Bank of America, presented the gift during an early afternoon reception hosted by university officials to educate dozens of local community leaders on the interdisciplinary benefits the new Institute and the Dell Children's Medical Center of Central Texas will have on pediatric medical research.

"As a company, we believe that healthy communities create strong businesses," Wilson said. "UT Austin has made a tremendous investment in the health of our community's greatest assets: our children. We applaud the university's efforts and are proud to take this opportunity to join them in the creation of the Institute, which will serve as an anchor in our community by driving economic growth, attracting leading experts and generating world- class research in the field of pediatric medicine."

The Dell Pediatric Research Institute will combine The University of Texas at Austin's core expertise in life sciences, pharmacology, technology, biomedical engineering and other disciplines with the resources of the new Dell Children's Medical Center - which opened in June - along with outstanding researchers from the UT System's other health science institutions, further establishing Austin as a center of excellence for children's health and biomedical research.

A recent study commissioned by the Greater Austin Chamber of Commerce states that Austin's health care industry carries an annual economic impact of approximately $8.8 billion and employs more than 85,00
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SOURCE Bank of America
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