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Schawk Establishes Endowed Scholarship In Name Of Clarence Schawk

Thursday, February 26, 2004

Press release from the issuing company

Pittsburgh, Pa., February 25, 2004 - Schawk, Inc., of Des Plaines, Illinois has joined the Print Heritage Society establishing an Endowed Scholarship in the name of Clarence W. Schawk, Chairman and company founder. The Scholarship was established as a surprise gift by company executives to commemorate the 50th anniversary celebration. Upon learning of the new Scholarship Clarence immediately added $5,000 to enhance the scholarship commitment. Ask Clarence Schawk what his dream was 50 years ago and you’ll learn it wasn’t to become the Chairman of a $200 million global prepress corporation. It was, quite simply, to own his own platemaking business. After serving as a U.S. Marine during World War II, Clarence learned the prepress trade from the ground up; working for several graphic arts companies in the Chicago area. In 1953, with the support of his wife Marilyn, Clarence Schawk invested the money they received as wedding gifts, in a dream; establishing a platemaking business. As business grew, Mr. Schawk began acquiring other prepress companies. By 1992, Clarence W. Schawk was serving the company’s Chairman; his son David A. Schawk as President & CEO. And by 1995, the business that Clarence Schawk started in the basement of his Aunt’s home was trading on the NYSE as Schawk, Inc. Clarence Schawk has always valued education whether it’s industry-, company- or community-wide. He continues to quietly support many charitable organizations, including CLEF, a group that supports over 6,000 children in inner-city Chicago. This scholarship supports the dreams of students committed to studying in the field of graphic arts. It is Clarence Schawk’s way of investing in the future of the industry. Headquartered near Pittsburgh, Pennsylvania, and affiliated with the Graphic Arts Technical Foundation, PGSF is a 46-year-old nonprofit organization dedicated to strengthening the graphic communications industry by providing scholarship assistance. For more information on scholarships or contributing to PGSF, please contact Bernadine Eckert, program administrator, at 200 Deer Run Road, Sewickley, PA 15143-2600; telephone 412-741-6860, ext. 309; fax 412-741-2311; or email pgsf@gatf.org.




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