This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Widener University Alumnus Establishes Memorial Scholarships To Honor Victims Of Sandy Hook Elementary School Shooting

WEST PALM BEACH, Fla. and NETANYA, Israel, Dec. 21, 2012 (GLOBE NEWSWIRE) -- magicJack VocalTec, Ltd. (Nasdaq:CALL) (the "Company"), the Voice Experts and cloud communications leader that invented voice over IP (VoIP) and sold over ten million magicJacks ®, announced today through a generous donation by magicJack from one of their alumni Dan Borislow, Widener University has established three full memorial scholarships to honor victims of the tragic shooting at Sandy Hook Elementary School in Newtown, Connecticut. The siblings of those lost in the tragedy and dependents of the adults who lost their lives will be eligible for the scholarships, which will cover all costs over four years should they be accepted to Widener University.
magicJack Logo

"It is a constant education process that will be used to help heal the survivors and this education should obviously be provided at no cost," said Borislow, Chief Executive Officer at magicJack. "I hope that my act inspires other CEOs and leaders in the business community to develop comparable endowments at their alma maters. I have foregone my entire bonus to help enable magicJack to make this donation. If there ever was a time to give, now is the time. If each CEO would donate just one scholarship to their alma maters we would have this covered."

"I was deeply moved when Dan reached out to me in the wake of this tragedy to establish memorial scholarships to honor the victims of Sandy Hook Elementary School," said Widener President James T. Harris III. "Dan's desire to directly provide these students with the gift of education and encourage others to establish similar funds at their alma maters is a testament to the leadership and civic engagement mission that is instilled in our students and personified by Dan Borislow."

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

Chart of I:DJI
DOW 16,090.25 -284.51 -1.74%
S&P 500 1,920.56 -30.57 -1.57%
NASDAQ 4,681.5970 -51.90 -1.10%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs