Briggs-tyBit Foundation is estimating donations of over $20,000,000 to North Carolina Education in its first year alone - more than $60,000 a day...
United States of America (Press Release) October 11, 2007 --
tyBit Inc. (www.tyBit.com) CEO, Clarence Briggs, recently returned from Washington, DC after briefing Senators Elizabeth Dole and Richard Burr about the formation of the Briggs-tyBit Charitable Foundation Inc. The mission of the foundation; decrease the dropout rate and increase academic performance, by using income generated by the search engine usage activities of its subscriber base. The Briggs-tyBit Foundation will receive 30 to 40 % of tyBit's gross revenues to fund the foundation. Briggs stated that later this year, they will meet with NC state educators and elected officials to unveil the proposal in detail.
"Based on our projections, industry trends, and usage data, the Briggs-tyBit Foundation is estimating donations of over $20,000,000 to North Carolina Education in its first year alone - more than $60,000 a day if the application is adopted. Having spent almost a decade working with North Carolina education community while with a large, multi-national Telco, "I know how valuable this additional revenue will be to our schools," said Kitti Jo Finch, tyBit General Manager. "Mr. Briggs believes that supporting education is essential for our state and the nation."
"We are committed to supporting education in any way that we can," said Clarence Briggs, CEO of tyBit. "Poverty, ignorance and apathy are the enemy," said the former U.S. Army infantry officer. Briggs, himself a father, understands the struggle endured by families, students, and educators to deliver quality education. "With a dropout rate of over 30%, coupled with drugs, gangs, and inadequate funding, it's harder than ever to ensure our children receive a quality education that will prepare them for life. The business community must do something to help."
Copyright (C) 2007 tyBit, Inc. All rights reserved.
"Based on our projections, industry trends, and usage data, the Briggs-tyBit Foundation is estimating donations of over $20,000,000 to North Carolina Education in its first year alone - more than $60,000 a day if the application is adopted. Having spent almost a decade working with North Carolina education community while with a large, multi-national Telco, "I know how valuable this additional revenue will be to our schools," said Kitti Jo Finch, tyBit General Manager. "Mr. Briggs believes that supporting education is essential for our state and the nation."
"We are committed to supporting education in any way that we can," said Clarence Briggs, CEO of tyBit. "Poverty, ignorance and apathy are the enemy," said the former U.S. Army infantry officer. Briggs, himself a father, understands the struggle endured by families, students, and educators to deliver quality education. "With a dropout rate of over 30%, coupled with drugs, gangs, and inadequate funding, it's harder than ever to ensure our children receive a quality education that will prepare them for life. The business community must do something to help."
Copyright (C) 2007 tyBit, Inc. All rights reserved.
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