Newswise — Babson College's Library has received the 2008 Center of Excellence Award for its commitment to service excellence demonstrated through the quality of information programs, resources, and services developed for TheStephen D. Cutler Center for Investments and Finance over the past five years. The award is sponsored by the Special Libraries Association (SLA).

The judges highlighted the Horn Library and Cutler Center's ability to:

· Engage key stakeholders and build strategic partnerships;

· Showcase and support the use of highly specialized information resources;

· Develop cutting edge instructional programs; and

· Integrate and align the Center with the main library strategic goals and objectives.

Stephen D. Cutler -- president and principal of Essex Investment Management Company and Babson MBA graduate -- generously funded the College's investment center in 2000 to help Babson students recognize the importance of the financial markets in creating capital for the growth of the global economy.

"This is a great honor for Babson," said Cutler. "Babson's Cutler Center helps students recognize the importance of the financial markets in creating capital to grow businesses and create more jobs throughout the world. Learning how to maneuver through the financial markets -- using the Center's sophisticated technological tools and information resources -- is critical to increased prosperity for everyone."

"This award is directly related to the strength of the partnership forged between Babson's Horn Library and the Finance Division," said Library Director Hope Tillman. "Special appreciation goes to Mary Rose, CIO; Steven Feinstein, Associate Professor, Finance; Michael Goldstein, Professor, Finance; Richard Bliss, Division Chair, Finance; Jennifer Bethel, Associate Professor, Finance; Diana Harrington, Professor, Finance; Mark Potter, Associate Professor, Finance; Laurie Krigman, Associate Professor, Finance; and Patti Green, Provost," said Cynthia Robinson, Associate Director, Knowledge and Content Management.

About the Center

The Stephen D. Cutler Center for Investments & Finance, housed in an ultramodern room with a 360-degree design in Horn Library, provides Babson students, faculty, and alumni with sophisticated technological tools and information resources to compete in any area of financial services. Also home to the student-run Babson College Fund (BCF), the Center reflects Babson's commitment to providing a practice-based environment for those involved in the study of capital markets.

For more information on Babson's Stephen D. Cutler Investment Management Center, visit: http://cutler.babson.edu.

About the Award

According to SLA, "The goal of the Centers of Excellence Awards is to recognize this excellence but to also bring it out into the public eye so that others may learn from it and to benchmark themselves against these truly excellent organizations." The criteria used by SLA is based upon the criteria used by the Malcolm Baldrige National Quality Award and for the business information management community, particularly in relation to performance standards published in "Competencies for Information Professionals of the 21st Century" .

Previous winners of the Center of Excellence Award include:

· The Science, Industry & Business Library of the New York Public Library

· The J. Hugh Jackson Library, Graduate School of Business, Stanford University

· National Geographic Society's Libraries and Information Services

· The Verizon Information Research Network

· Kresge Business Administration Library, University of Michigan

· Nike Design Library

· Knowledge Network Group, Microsoft

· Lippincott Library, The Wharton School, University of Pennsylvania

· Business Research Group, Center for Business Knowledge, Ernst & Young LLP, North America.

Babson College in Wellesley, Mass., is recognized internationally as a leader in entrepreneurial management education. Babson grants BS degrees through its innovative undergraduate program, and grants MBA and custom MS and MBA degrees through the F.W. Olin Graduate School of Business at Babson College. Babson Executive Education offers executive development programs to experienced managers worldwide. For information, visit http://www.babson.edu.

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