WPI Elects Richard F. Connolly Jr. to Board of Trustees

Contact: WPI Media Relations, +1-508-831-5609

WORCESTER, Mass., October 26, 2005 - Worcester Polytechnic Institute (WPI), a leading technological university, today announced that Richard F. Connolly Jr., senior vice president/investments at UBS Financial, has been elected to the University's Board of Trustees. Connolly, who has been recognized as one of the top stock brokers in the financial services industry, brings a strong management and financial background to the WPI Board. He began his career as a financial advisor with PaineWebber (now UBS Financial) in 1973 and has been its top-producing broker for more than 20 years.

"Richard Connolly is an outstanding addition to WPI's board," says WPI President and CEO Dennis D. Berkey. "His leadership in the financial services industry and his experience in education and civic affairs will be valuable to WPI as we build our resources and implement our growth strategy going forward."

In addition to his successful career at UBS Financial, Connolly has long been active in civic and philanthropic programs both in the U.S. and in Ireland. He serves on the Board of Directors at the Children's Medical Research Foundation in Dublin, Ireland; the Board of Directors of the Ireland Chamber of Commerce in the U.S.; the Board of Directors at the Fenn School in Concord, Mass.; and the Advisory Board of Malden Catholic High School. He is also a member of the Board of Overseers at the Olin Graduate School at Babson College in Wellesley, Mass.

For the past 26 years, he has served as chairman of the Francis Ouimet Scholarship Fund, which offers youth the opportunity to excel by furthering their education. He attended the College of the Holy Cross in Worcester, Mass., on the Ouimet Scholarship and was captain of the College's golf team. After receiving his B.A. from Holy Cross, he earned his MBA from Babson College. He resides in Concord, Mass., with his wife and three sons.

About Worcester Polytechnic Institute

Founded in 1865 as one of the nation's first private technological universities, WPI is consistently ranked among the top 55 national universities by U.S. News & World Report. Established to prepare students to help drive the industrialization and growth of New England, the university was renowned from the start for its novel, hands-on approach to education. That approach continues today with a learning experience that seamlessly integrates theory and practice. On its 80-acre campus in Worcester, Mass., New England's third-largest city, on satellite campuses, and via distance learning, WPI offers more than 50 undergraduate and graduate degree programs, leading to the B.S., M.S., M.E., MBA, and Ph.D. In dozens of research centers and institutes, including the largest industry-university alliance in North America, WPI faculty and students are engaged in applied research in such fields as bioengineering, fire safety, information security, and nanotechnology.