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Brush Engineered Materials Names Scholarship Program in Honor of Charles F. Brush, III


CLEVELAND, Jun 27, 2006 (BUSINESS WIRE) -- By anyone's account, Charles F. Brush, III lived a remarkable life. He climbed mountains, earned a doctorate degree in anthropology from Columbia University, scuba dived in volcano crater lakes and led significant archaeological expeditions. He also served as a member of the Brush Engineered Materials Inc. (NYSE:BW) board of directors for more than 50 years.

To honor the life of Charles F. Brush, III, Brush Engineered Materials announced today that it has named its scholarship program in his honor. Dr. Brush died on June 1.

"Charles F. Brush, III lived a life that exemplified the spirit of learning and discovery," said Richard J. Hipple, Chairman, President and CEO of Brush Engineered Materials. "There is no more fitting way to honor his legacy than to name the Brush Engineered Materials Scholarship in his honor -- The Charles F. Brush, III Scholarship."

The Charles F. Brush, III Scholarship provides $3,000 per year to four graduating high school seniors who have a parent employed by the Company. These scholarships are renewable for three additional years to those students who maintain appropriate grades and personal standing.

During Dr. Brush's tenure as a board member, the Brush Engineered Materials Scholarship Program has awarded 176 scholarships to the sons and daughters of its employees. Through this program, which awarded its first scholarship in 1960, Brush Engineered Materials has invested nearly $900,000 in the higher education of promising young people.

Mr. Hipple added, "Each scholarship recipient, from this day forward, will be honored with the additional distinction of pursuing learning and academic achievement in the memory of our friend and colleague, Charles F. Brush, III."

Dr. Brush was the son of the late Charles F. Brush, Jr., the noted Cleveland scientist and founder of the Brush Laboratories Company which, in the 1920s, pioneered industrial uses for beryllium. Commercialization of the beryllium technology of Brush Laboratories led to the formation of the Brush Beryllium Company in 1931, later to become Brush Wellman Inc., now a wholly-owned subsidiary of Brush Engineered Materials Inc. Charles F. Brush, Jr. was the son of Charles F. Brush, whose historic developments of the electric arc lamp, the electro-dynamo and storage battery, and power transmission significantly advanced the practical use of electricity.

Brush Engineered Materials Inc., commemorating its 75th year in 2006, is headquartered in Cleveland. The Company, through its wholly-owned subsidiaries, supplies worldwide markets with beryllium products, alloy products, electronic products, precious metal products, and engineered material systems.

SOURCE: Brush Engineered Materials Inc.

Brush Engineered Materials Inc.
Investors: Michael C. Hasychak, 216-383-6823
Media: Patrick S. Carpenter, 216-383-6835

Copyright Business Wire 2006

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