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From: Andy.Pevy@nmp.nokia.com
Newsgroups: comp.os.linux.announce
Subject: Linus Torvalds Receives 1997 Nokia Foundation Award
Date: Wed, 17 Dec 1997 14:53:01 GMT
Organization: none
Approved: linux-announce@news.ornl.gov (Mikko Rauhala)
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               PRESS RELEASE

               December 10, 1997

Linus Torvalds Receives 1997 Nokia Foundation Award

Nokia Foundation has granted its 1997 Award to Linus Torvalds, creator of
the Linux operating system and one of the most famous young Finnish 
researchers in the area of information technology in the world. The Award
is worth FIM 50,000.

Nokia Foundation was formed in 1995 to support the development of
scientific competence and educational capabilities of information and 
telecommunications technologies in Finland. This year the foundation also
granted scholarships to 26 post-graduate students and five teams
supporting interaction between universities and the industry.
Additionally, the Foundation granted a visiting fellowship to two
well-known professors to participate in study groups at the Finnish
universities. The total of the Award, scholarship and fellowship is
FIM 913,000.

In selecting the award winner, the Foundation emphasized Linus Torvalds'
excellent achievements in information and telecommunications technology
and especially his inspiring example for young researchers. The Linux
operating system developed by Torvalds is one of the most popular Unix
operating systems, particularly on PC-based Web servers.

In his speech today at the Nokia Foundation Grant Holder Announcement
event, Nokia President and CEO Jorma Ollila emphasized  the importance of
education, research and development in maintaining the competitiveness of
the Finnish telecoms industry. He commented that study time is too long
in Finland: "If we could shorten the study time by one year, for example,
and spend that time on effective research and development work, we would
remarkably strengthen our national competitiveness".

"This cannot mean sacrifices in quality," Ollila emphasized,
"shortening the study time means making studies more effective, and not
lowering their quality. This supports the way to learn to learn new
things more in depth - a skill we will all need more and more often in
the future. We will really need people with capabilities to learn and
take in new things rapidly," Ollila noted.

According to Ollila, increasingly more distinct goal setting and rapid
enter to the market will be also increasingly more necessary for the
research and development work. This should be evident in the internal
projects of companies as well as in the public-funded projects.


For further information, please contact:

Mr Simo Luiro
Nokia Research Center
Tel. (Int.) +358 9 4376 6468

http://www.nokia.com


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