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Press Release

Sobrato Development Awards $50,000 for Hispanic University Scholarships

Release Date: March 15, 1999

John Sobrato, Sr., Chairman, Sobrato Development Companies, with headquarters in Cupertino, California, presented The National Hispanic University (NHU) with a fifty thousand dollar ($50,000) check during its Board of Trustees quarterly meeting on March 12, 1999. The purpose of the Sobrato grant is to support bright, needy Latino students pursuing a baccalaureate degree at the NHU. "I have proudly served on many non-profit boards," stated Mr. Sobrato. "However, none of these have provided me as much personal satisfaction as my efforts with The National Hispanic University," continued Sobrato. "At The National Hispanic University I can see the results of our efforts as students that our company sponsor march across the stage to receive their degrees at commencement ceremonies in June," concluded Sobrato.

The Sobrato Development Companies have supported fifty-four NHU Latino students with tuition scholarships since 1997. Twenty-two of these have graduated with baccalaureate degrees, twenty-seven are continuing their studies towards a degree and five left to work and did not complete their studies. The Sobrato scholarships are in their third year and are open to any NHU student in good standing with a GPA of 2.5 and above pursuing a bachelor's degree in business, liberal studies, computer science, etc. The program has enjoyed a high rate of success since its inception. "We owe much to the Sobrato family for all that they do to improve conditions for all people," stated Roberto Cruz, President of The National Hispanic University. "John puts his money where his mouth is. Three years ago he promised to help 'grow the campus' and, he is doing it through scholarships," concluded Cruz.

The Sobrato Development Companies are one of the most successful development companies in the Silicon Valley. It's the business that developed the campuses of companies such as Apple Computer, Inc., Bay Networks, Inc., and Komag. It owns over 9 million square feet of prime commercial space and 2,500 apartment units throughout the valley. The Family has also established The Sobrato Family Foundation in 1996 that has made numerous grants to worthwhile causes throughout the greater Silicon Valley community.

The National Hispanic Unversity is an independent, nationally and regionally licensed and accredited, non-profit post-secondary education institution authorized to grant degrees since 1981. The National Hispanic University offers degree programs in business, liberal studies, computer science, education, Spanish, translation and interpretation studies. The University has established joint degree partnerships with San Jose State University, San Jose City College and Evergreen Valley Community College.

For further information on The National Hispanic University or the Sobrato scholarship grant, please contact us at (408) 254-6900.