COMPUTING AWARD BUILDS OPPORTUNITIES IN SCIENCE, TECHNOLOGY, ENGINEERING, AND MATH

October 4, 2010

Bank of America and the National Center for Women & Information Technology Recognize High School Girls with Tech Talent

As the U.S. government and top companies from a range of economic sectors call for improving the performance of students in the critical “STEM” fields of science, technology, engineering, and math, two organizations are working to accelerate the number of students who enter and excel in technology careers.

Sponsored by Bank of America [NYSE: BAC], the National Center for Women & Information Technology (NCWIT) Award for Aspirations in Computing was created to encourage more girls to pursue computing-related careers, introduce young women to leadership opportunities in the field, and generate visibility for women’s contributions. Students can apply online at www.ncwit.org/award and applications will be accepted until 11:59 PM ET, October 15, 2010.

“Computing and technology are essential to innovation and progress, so it’s critical that we increase the quantity, diversity, and capability of American students who have the right skills,” said Amy Brady, Global Transition, Quality & Change Delivery executive at Bank of America. “Our partnership with NCWIT is one way we can build opportunities for young people in the science, technology, engineering and math fields – and nurture tomorrow's technology innovators.”

Winners of the NCWIT Award for Aspirations in Computing are selected for their outstanding aptitude and interest in computing and technology, proven leadership ability, academic performance, and plans for post-secondary education. Each national award-winner will receive a trip to attend the Bank of America Technology Showcase and Awards Ceremony in Charlotte, North Carolina; $500 in cash; a laptop computer; an engraved award for both the student and her school; and the opportunity to participate in a mentoring program supported by Bank of America associate volunteers.

The NCWIT Award for Aspirations in Computing will recognize an estimated 445 young women from across the country – including national winners, winners from 17 local award programs, and runners-up. Past winners of the award, which began in 2007, have been accepted at top universities, created start-ups, contributed to open-source projects, led nationally performing teams, built robots, interned with major corporations, mentored and tutored other students, and performed volunteer work in their communities.

About Bank of America

Bank of America is one of the world's largest financial institutions, serving individual consumers, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 57 million consumer and small business relationships with 5,900 retail banking offices, more than 18,000 ATMs and award-winning online banking with 29 million active users. Bank of America is among the world's leading wealth management companies and is a global leader in corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 4 million small business owners through a suite of innovative, easy-to-use online products and services. The company serves clients through operations in more than 40 countries. Bank of America Corporation stock (NYSE: BAC) is a component of the Dow Jones Industrial Average and is listed on the New York Stock Exchange.

About the National Center for Women & Information Technology (NCWIT)

The National Center for Women & Information Technology is a coalition of over 200 prominent corporations, academic institutions, government agencies, and non-profits working to increase women's participation in information technology (IT).
NCWIT’s work leverages research and programs from K-12 and higher education through industry, academic, and entrepreneurial careers. Find out more at http://www.ncwit.org.