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Dr. Charles Deneka Receives Industrial Research Institute’s 2002 Gold Medalist Award

Dr. Charles Deneka Receives Industrial Research Institute’s 2002 Gold Medalist Award

Business & Technology Editors

CORNING, N.Y.–(BUSINESS WIRE)–May 16, 2002

Corning Incorporated (NYSE:GLW) today announced that Dr. Charles W. Deneka, former Executive Vice President and Chief Technology Officer in the Science & Technology Division of Corning Incorporated has received the prestigious Industrial Research Institute’s Gold Medalist Award for 2002.

Dr. Deneka is the second Corning leader to receive the award. Dr. William H. Armistead, who retired as Vice Chairman of Corning Glass Works in 1981 after a distinguished 40-year career, received the IRI Medalist Award that same year.

The Industrial Research Institute is an association of 260 leading industrial companies with a common interest in the management of research and development, technology, and innovation. The Institute’s mission is to enhance the effectiveness of technological innovation in industry.

Established in 1946, The Industrial Research Institute Gold Medalist Award is presented annually by the Institute to recognize and honor leaders of technology for their outstanding accomplishments in technological innovation which contribute broadly to the development of industry and to the benefit of society.

The award recognizes Dr. Deneka as a strong leader, a true visionary and risk-taker, and for his ability to drive new technologies which brought about rapid shifts in Corning businesses.

Dr. Deneka joined Corning in 1972, and held various manufacturing, engineering, and development positions prior to 1990, when he was appointed Corporate Vice President and Director of Development responsible for Corning’s corporate new product development activities. He was named Senior Vice President of Science and Technology in January 1995 and became Executive Vice President and Chief Technology Officer in January 2000.

Under his leadership as Executive Vice President and Chief Technology Officer, research and development efforts were focused on exploiting materials and process technology in three major markets: telecommunications, information display and advanced materials. This focus enabled Corning to effectively reposition itself in high-technology, high-growth markets.

Dr. Deneka retired from Corning in January of 2001.

Dr. Deneka holds directorships in several commercial and civic organizations. He is a former member of the Boards of Directors of Corning, SA, Rochester Photonics Corporation, and IntelliSense Corporation. He is also a distinguished member of the Board of Trustees for Clarkson University.

Established in 1851, Corning Incorporated (www.corning.com) creates leading-edge technologies for the fastest-growing markets of the world’s economy. Corning manufactures optical fiber, cable and photonic products for the telecommunications industry; and high-performance displays and components for television, information technology and other communications-related industries. The company also uses advanced materials to manufacture products for scientific, semiconductor and environmental markets. Corning revenues for 2001 were $6.3 billion.

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