Bank of America Names First Technology Fellows

Four honored for Outstanding Accomplishments

CHARLOTTE, N.C., Jan. 18 /PRNewswire/ -- Bank of America today recognized four technology associates for outstanding individual contributions by naming them Bank of America Technology Fellows in what is believed to be among the first such programs for a U.S. financial institution.

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The bank's Technology Fellow Program is designed as a highly selective annual award to honor exceptional individuals whose extraordinary career accomplishments in technology have helped drive business growth.

  The first honorees are:

  -- Peter Buchhop, of Cary, IL, a Senior Technology Manager in the Network
     Computing Group, a key leader in developing the bank's industry-leading
     Mobile Banking technology;

  -- William "B.J." Fesq, of New Providence, NJ, a Senior Architecture
     Manager in Capital Markets and Wholesale Banking Technology &
     Operations, whose achievements include advances in Technology Portfolio
     Management and Knowledge Sharing & Associate Development;

  -- Tim Guerry, of Cornelius, NC, an Architecture Executive in Consumer &
     Corporate Staff Technology, who developed and championed solutions
     addressing future systems growth; and

  -- Tony Flora, of Manakin Sabot, VA, a Technology Business Executive in
     Network Computing Group, the thought leader for a number of major
     strategic technology initiatives for the Consumer bank and its
     customers.

"We are very proud to inaugurate the Bank of America Technology Fellow program with these four highly talented, extremely accomplished technology associates," said Chief Technology & Operations Officer Barbara Desoer.

The program, which adopts best practices of leading technology corporations, is aimed at recruiting and retaining top individuals.

"Trends in technology point to a very competitive environment to recruit and retain associates with the skills we will need to drive growth and success in the future," Desoer said.

"This program helps us recruit top talent by demonstrating our commitment to recognizing and rewarding technology achievement, and retain top talent by valuing alternative development paths."

Managers nominated senior technology associates who have demonstrated leadership, advanced technical contributions, innovative technology solutions, and sustainable business results for business partners and the broader enterprise. Nominations were extensively reviewed and evaluated by the bank's Technology leadership team before the four honorees were chosen.

  While maintaining their current responsibilities, honorees will also:

  -- Act as technical and business experts

  -- Serve as technology representatives or liaisons within the company

  -- Serve as information sources for and consultants to senior leadership

  -- Formally mentor technology associates

"This program is an investment in the talent we will need to continue delivering world-class results that will contribute to driving breakthrough business growth," said Desoer.

Bank of America

Bank of America is one of the world's largest financial institutions, serving individual consumers, small and middle market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk-management products and services. The company provides unmatched convenience in the United States, serving more than 57 million consumer and small business relationships with more than 6,100 retail banking offices, more than 17,000 ATMs and award-winning online banking with more than 23 million active users. Bank of America is the No. 1 overall Small Business Administration (SBA) lender in the United States and the No. 1 SBA lender to minority-owned small businesses. The company serves clients in 175 countries and has relationships with 99 percent of the U.S. Fortune 500 companies and 80 percent of the Fortune Global 500. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.

http://www.bankofamerica.com/

SOURCE: Bank of America

CONTACT: Shirley Norton, +1-415-622-4041,
shirley.norton@bankofamerica.com, of Bank of America

Web site: http://www.bankofamerica.com/