For Immediate Release

Contact: Dr. Ernest J. Scalberg 831-647-4140 <fgsib@miis.edu>

Fisher Graduate School of International Business Receives \$366,000 in
Grants to Help U.S. Companies Increase Business Exports

**Monterey, Calif., May 9, 2005 \--** The Monterey Institute of
International Studies ([www.miis.edu](http://www.miis.edu/)) announced
today that its Fisher Graduate School of International Business
([www.miis.edu/fgsib-about-dean.html](http://www.miis.edu/fgsib-about-dean.html))
has been awarded a two-year, \$183,000 grant through the United States
Department of Education's Business and International Education (BIE)
Program to establish a Center for the Globalization and Localization of
Business Exports (GLOBE) that will assist companies to adapt their
products and services for foreign markets.

These funds will be matched by funds from a \$2 million challenge grant
from the Robert and Marilyn Fisher Family Foundation.

"The Department of Education recognized that the Fisher School and its
partners are uniquely positioned to undertake this project," said Dr.
Ernest Scalberg, Dean of the Fisher Graduate School of International
Business, recognized as one of the "Top 100 International MBA Programs"
by *Financial Times*. "The GLOBE Center will provide consulting,
education and research to businesses. At the same time, the project
provides students with the opportunity to construct business plans for
companies needing localization assistance."

Localization involves tailoring a product or marketing strategy to the
differences in culture, language or regulations of customers in foreign
countries, a service for which more and more U.S. companies are
recognizing the need.

The Fisher School, which has been recognized as a premier business
education provider by *Beyond Grey Pinstripes 2003* and *Princeton
Review's* "Best 147 Business Schools" for cutting-edge curriculum and
international perspective, will develop a

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*Fisher School Receives \$366,000 Grant---2-2-2-2-2-2*

curriculum for globalization and localization that will be used in their
MBA courses and training programs.

The Fisher School will collaborate with the three other graduate schools
at the Monterey Institute as well as the Monterey Bay International
Trade Association (www.mbita.org), the Marina Technology Cluster
(www.marinatechnologycluster.org), and the U.S. Export Assistance Center
of the United States Department of Commerce in Monterey to develop the
GLOBE Center. The Monterey Bay International Trade Association will
develop and deliver a training program on exporting. The U.S. Export
Assistance Center and the Marina Technology Cluster will provide clients
and assist with consultation. The graduate schools of the Monterey
Institute will provide expertise in export policy, software
localization, and language issues. They will also help with product
development, sourcing procurement, marketing, distribution, and
financing.

**About the Fisher School and the Monterey Institute of International
Studies**

For more information about the Fisher School's MBA programs, visit our
website at <http://www.miis.edu/fgsib-about-dean.html>.

The Monterey Institute of International Studies, a private graduate
institution located in Monterey, Calif., is at the forefront of
international professional education preparing students for global
careers in the private, public, nonprofit and educational sectors. The
Institute offers degree programs in international policy, translation
and interpretation, international business and language teaching. The
Institute's approximately 700 students come from more than 60 countries.
Further information about the Monterey Institute of International
Studies may be found at [www.miis.edu](http://www.miis.edu/).

*-end-*