June 28, 2001 – Carlstadt, NJ – Pantone, Inc., the world's leading authority on color, is pleased to announce that Lawrence Herbert, Pantone’s founder, chairman and chief executive officer, was presented with the Platinum Corporate Legend Award at the Pratt Legends 2001 award gala on Wednesday, June 13, at the Rainbow Room in New York City. Celebrating its second year, the Legends dinner gives Pratt Institute an opportunity to recognize outstanding lifelong contributions to the worlds of design, fashion, art and architecture, as well as raise funds for its scholarship program. The PANTONE Color System is an integral tool in the graphic arts and design disciplines for which Pratt has been educating people in for more than one hundred and ten years. In 1963, Herbert developed the PANTONE MATCHING SYSTEM®, the first of several innovations that have changed the way the world communicates color. Today, Herbert’s color systems have become the most prominent method for global communication of color in the printing, publishing, packaging, graphic arts, paint, plastics, coating, computer, film, video, textile, home and fashion industries. In addition to his influence on art and design, Herbert has been lauded for his philanthropic endeavors. He is a generous benefactor to the arts and many charitable organizations, including the New York City Ballet, the American Film Institute, the School of the American Ballet, the National Actors Theatre, the Council of Fashion Designers of America and the Alzheimer's Association. Governor Pataki appointed him to the New York State Council on the Arts and Mayor Giuliani appointed him chairman of the Cultural Affairs Advisory Commission of the City of New York Department of Cultural Affairs. The evening was hosted by Dionne Warwick. Peter Martins, ballet master in chief of the New York City Ballet, presented Herbert with his award. Herbert was joined by the evening’s other honorees: Ralph Appelbaum, Christo and Jeanne-Claude, Peter Marino and Mary McFadden. The event raised $400,000, the most ever for a Pratt Scholarship Benefit. More than 4,200 young men and women attend Pratt Institute from all around the United States and some sixty-five foreign countries. Its graduates may be found in all creative aspects of every industry and they are educated in the Institute’s schools of Architecture, Art and Design, Liberal Arts and Sciences, and Information and Library Science on its twenty-five acre campus in Brooklyn, New York.