Sonja Alexander/Adam Mahone Headquarters, Washington, DC June 14, 2001 (Phone: 202/358-1600) MEDIA ADVISORY: m01-004 NASA HONORED FOR INCREASED SUPPORT OF SMALL AND DISADVANTAGED BUSINESSES NASA's continued support of minority owned businesses earned the agency's Associate Administrator for Small and Disadvantaged Business Utilization, Ralph C. Thomas, the honor as one of "Fifty Influential Minorities in Business." The award was presented June 6 by the Minority Business & Professionals Network at its third annual awards luncheon in Washington, DC. In accepting the honor, Thomas said, "This is actually another national recognition of NASA as an agency. I'm flattered to be the person out front, but our success with small minority and women owned business has been a team effort." Through Thomas' outstanding leadership he has propelled the agency to the highest monetary figures awarded to small and disadvantaged businesses in NASA's history. The total dollars awarded to small businesses increased from $1.5 billion in fiscal year 1992 to $3.5 billion in fiscal year 2000. The total dollars allotted to small disadvantaged businesses more than doubled to $865 million to $2 billion in the same years. Meanwhile, total contracting dollars to women owned businesses more than doubled from $219 million to $543 million. "It is very important that minority men and women who have demonstrated high levels of success in their different business and professional careers be honored in view of the obstacles and hardships that they have overcome," said Debra Williams, Executive Director of the Minority Business & Professionals Network. Thomas and the other honorees were selected by a special panel of judges from a national poll of nominees prominent in business for their excellence in their field and their undaunted efforts in advancing small and disadvantaged businesses. -end-