The College of New Rochelle Receives Unprecedented $5 Million Gift From Alumna Ellen Hancock '65 & W. Jason Hancock

May 11, 2000, 01:00 ET from The College of New Rochelle

    NEW ROCHELLE, N.Y., May 11 /PRNewswire/ -- The College of New Rochelle
 today announced a $5,000,000 gift by alumna Ellen M. Hancock '65, President
 and CEO of Exodus Communications, Inc. and her husband, W. Jason Hancock.  The
 College plans to acknowledge this generous gift by the designation of the
 College Center as the Helen and Peter Mooney Art and Educational Technology
 Center, in honor of Mrs. Hancock's parents.  This gift is the largest ever
 received in the history of the College.
     "Ellen and Jason Hancock have been devoted friends of the College
 throughout their professional lives.  Ellen's lifetime achievements, her
 values, and commitment to quality and excellence are a great source of pride
 for all of us," said Dr. Stephen J. Sweeny, President of The College of New
 Rochelle.  "Her remarkable career serves as an ideal role model for all of our
 students.  Ellen exemplifies the outstanding graduate of a liberal arts,
 women's college.  She used her education to become not just a leader but a
 pioneer in the world of technology.  This generous donation honors Ellen's
 parents and the loving home from which she came.  It will make the College
 stronger for the next generation of women and men who will take their place as
 leaders and pioneers."
     "Both my sister and I are graduates of CNR and we attribute our successes
 in no small part to our years at the College," said Ms. Hancock.  "The
 unwavering commitment from the faculty to each student and to upholding
 Catholic traditions enabled me to strive for high standards of excellence.  I
 am extremely grateful to our parents and proud to honor them with this
     The newly designated Helen and Peter Mooney Art and Educational Technology
 Center is a facility designed to fully integrate technology into all parts of
 the liberal arts curriculum and to provide effective tools for art, business,
 and communication courses.  The building's fiber optic infrastructure is
 currently being upgraded to ensure network and Internet access in each room
 and office.  Facilities also include computer, computer graphics and
 communications classrooms, a TV studio, photography and art studios, exhibit
 space, Romita Auditorium and the H.W. Taylor Institute for Entrepreneurial
 Studies, which houses a simulated board room.
     Ms. Hancock is one of the most experienced and respected women in the
 technology industry today.  She capped her 29-year tenure at IBM as Senior
 Vice President and Group Executive responsible for the Networking Hardware
 Division, Networking Software Division, and the Software Solutions Division.
 She was also a member of the IBM Corporate Executive Council and the IBM
 Worldwide Management Council.  Ms. Hancock went on to National Semiconductor
 as Executive Vice President and Chief Operating Officer in the Office of the
 President and then to Apple Computer as Executive Vice President, R&D and
 Chief Technology Officer.  She assumed her current position as President and
 CEO of Exodus Communications in 1998.
     The first Catholic college for women in New York State, The College of New
 Rochelle was founded in 1904 by the Ursuline Order.  Today, it comprises the
 all-women School of Arts & Sciences, and three schools which admit women and
 men: the School of New Resources (for adult learners), the School of Nursing
 and the Graduate School.  The main campus of the College is located in lower
 Westchester County, 16 miles north of Manhattan.  The College maintains six
 other campus locations in New York City.  More information on the College can
 be found at

SOURCE The College of New Rochelle