<A HREF="http://www-03.ibm.com/press/us/en/pressrelease/24267.wss">IBM has elevated nine employees to the title of IBM Fellow</A>--its most prestigious technical honor. The company also presented more than $3.5 million in cash awards to corporate and patent portfolio awardees in addition to awards given to more than 500 IBM technical leaders from around the world directly responsible for collaborating to deliver true innovation and business value.

IBM conferred the accolades and awards at its 2008 Corporate Technical Recognition Event in Phoenix, Ariz. CTRE is a 45-year tradition at IBM, established to recognize exceptional technical employees and reward them for extraordinary achievements and contributions to the company's technology leadership.