Fred Brown Headquarters, Washington, DC January 24, 2001 (Phone: 202/358-0713) RELEASE: 01-10 NASA MAKES THE A-TEAM FOR MULTICULTURAL CONTRACT AWARDS Efforts by its Office of Small and Disadvantaged Business Utilization really paid off recently when NASA was named one of America's top 50 organizations for providing multicultural business opportunities. NASA received the honor after the first Internet-based election involving more than 50 thousand of America's leading women- and minority-owned businesses. "As a premier high-technology federal agency, we're happy to know that we're on the right track," said Ralph C. Thomas III, NASA's Associate Administrator for Small and Disadvantaged Business Utilization. "We consider this award to be an endorsement from the small- and multicultural-business community of the innovative programs and initiatives we implement to attract those firms that have provided us with high-quality goods and services at the lowest practicable cost." Div2000.com, a business portal providing the link among multicultural businesses, Fortune 1000 companies, government agencies and universities, conducted the election. Fiscal year 2000 was a banner year for NASA as the agency awarded more than $2 billion in contracts to minority- and women-owned firms. The figure represents 18.3 percent of NASA's total contract dollars and is NASA's highest accomplishment ever with such firms. It compares with just 7.2 percent or $865 million in FY 92. The "top 50" list also included such companies as IBM, Boeing, Microsoft, 3Com, Wal-Mart and Cisco Systems. NASA's Office of Small and Disadvantaged Business Utilization is located at NASA Headquarters, Washington, D.C. -end-