NEW YORK, March 13, 2003 - Anne M. Mulcahy, Chairman and Chief Executive Officer of Xerox Corporation, has been named the recipient of the 2003 Prism Award. The award is presented by New York University in recognition of distinguished leadership in the graphic arts and communications industry. Sponsored by the University's Center for Graphic Communications Management and Technology, the 2003 Prism Award will be presented to Ms. Mulcahy by Stephanie A. Streeter, President and Chief Executive Officer of Banta Corporation, at the 18th Annual Prism Award Luncheon on Thursday, June 12th at The Plaza Hotel in New York City. Ms. Streeter chairs this year's event. Previous Prism Award honorees have included Henri Dyner, President and CEO of Sun Chemical Corporation; Janet L. Robinson, President and General Manager of The New York Times; George M.C. Fisher, former Chairman, President and CEO of Eastman Kodak; and Katharine Graham, Chairman and former CEO of The Washington Post. William L. Davis, Chairman, CEO and President of R.R. Donnelley & Sons Company, was the recipient of the 2002 Prism Award. Prism Award Luncheon proceeds are used to fund scholarships for New York University’s internationally renowned Graphic Communications Program, which offers graduate and undergraduate courses to prepare the next generation of industry leaders. Tickets for the Prism Award Luncheon on June 12th are available from $500 per person to $5,000 for a sponsor’s table of ten, and $7,000 for a co-chairmanship (which includes a dais seat as well as a table of ten). Additional information and reservations may be obtained by calling the NYU Center for Graphic Communications Management and Technology office at 212-998-5125, or by fax at 212-995-4046.