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Contact: Alan Fogg, Director, Communications
afogg@fceda.org, 703-790-0600 (o) or 571-213-5065 (m)

Fairfax County EDA sponsors 2005 Global IIT Conference for Indian entrepreneurs

Featured speakers include Jack Welch of GE, Harvard President Larry Summers

Fairfax County , Virginia , March 17, 2005 — The Fairfax County Economic Development Authority (FCEDA) is a sponsor of the 2005 Global IIT Conference in May. Sponsored by an organization of Indian Institute of Technology alumni (IITitans), the Global IIT Conference is a biennial gathering of technologists from North America, India and other parts of the world.

Among the estimated 2000 attendees will be a large number of IIT alumni, luminaries from the industry and academia, and a variety of organizations. Confirmed speakers include Jack Welch, former CEO of General Electric Corp.; C. K. Prahalad, Professor, the Harvey C. Fruehauf Professor of Business Administration at the University of Michigan Business School and acclaimed management guru; Arjun Malhotra, CEO of Fairfax-based technology consultancy Headstrong; Bob Brown, provost of the Massachusetts Institute of Technology; and Larry Summers, president of Harvard University. Conference sessions include topics that span technology, academics, business, entrepreneurship and advocacy issues surrounding the globalization of commerce, technology, education and research.

“India has become an absolutely vital market for Fairfax County. We are the first U.S. county to open a marketing office in Bangalore because we want Indian companies that are considering expansion into the U.S. market to look at Fairfax County. In IT, biotech and other areas, their companies and people are a perfect match for us,” said Gerald L. Gordon, Ph.D., president and CEO of the FCEDA. “We are honored to be affiliated with the IITs. Their graduates are amongst the world’s leaders in every technology sector.”

Other sponsors include Headstrong, Fortune 500 financial services giant Capital One Financial Corp., and technology company Information Management Consultants Inc. All three are based in Fairfax County.

The 2005 Global IIT Conference will take place May 20-22 at the Bethesda North Marriot Hotel and Conference Center in Bethesda, Md. More information in the conference is available at www.iit2005.org.

The Fairfax County Economic Development Authority (www.FairfaxCountyEDA.org) promotes Fairfax County as a business and technology center. The FCEDA assists businesses by identifying possible sites and facilities, and is a source for up-to-date demographic and economic statistics. The FCEDA’s Capital Attraction Program links technology entrepreneurs with potential investors, and another program supports the growth of small and minority-owned companies. The FCEDA maintains overseas offices in Bangalore, Frankfurt, London, Tel Aviv and will open an office in Seoul, South Korea, in April 2005.

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