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MELLON/DREYFUS WINS SHAKE-A-LEG WALL STREET AND CORPORATE CHALLENGE

Eight Individuals Honored for Dedication to Shake-A-Leg

Shake-A-Leg-Newport's Chief Executive Officer Paul Callahan of Providence/Newport, R.I., who represented the USA in sailing at the 2000 Paralympic Games and is the nation's number-one-ranked disabled sailor aboard American Eagle with Team Vectrix, led by former America's Cup sailor Andy MacGowan of Middletown, R.I. in the 11th Wall Street Corporate and Challenge Cup.

NEWPORT, R.I. (July 15, 2002) – For the second year in a row a New York team fielded by the financial institutions Mellon and Dreyfus won Shake-A-Leg’s Wall Street and Corporate Challenge Cup (WSCCC), held July 12-13. The team, which—like four others—raised $30,000 for Shake-A-Leg, traded their suits for sailing gear and took to Narragansett Bay for two day’s worth of races aboard the historic America’s Cup 12-Meters American Eagle, Columbia, Heritage, Intrepid and Weatherly. Over the past eleven years the regatta has raised over $1 million for Shake-A-Leg, a non-profit 501 (c)(3) organization offering various programs for people with spinal cord injuries and nervous system dysfunctions. The Hyatt Regency Newport, located on Goat Island where regatta headquarters were established, was the presenting sponsor.
Eight races determined MELLON/DREYFUSS the winner of the regatta, with a comfortable point margin over the regatta’s second-place finisher VECTRIX. Mellon/Dreyfuss was co-captained by Dreyfus’s Walter Kress and Mellon’s Ron O’Hanley (Ipswich, Mass.), who brought his 14-year-old son, Harry, a Laser sailor, along for the memorable competition.

“We put together a really great team this year,” said Kress, who has been involved with Shake-A-Leg for nine years. “Mike Millard, the president of Mellon, is sailing for the first time this year. And we brought in David Patterson from Newton Asset Management in Cowes, England, and Eric Baunhoff, a great sailor from San Francisco. We made sure the whole team got to spend time with Paul (Callahan) and understand the perspective of the Shake-A-Leg program. This is the fifth time that I’ve been on the winning team and I don ’t know if it’s luck or skill, but I’m happy to do so well.”

The VECTRIX team was made up of business associates organized by former America’s Cup skipper Andy MacGowan of Middletown, R.I. Sailing with VECTRIX was Shake-A-Leg-Newport’s Chief Executive Officer Paul Callahan of Providence/Newport, R.I., who represented the USA in sailing at the 2000 Paralympic Games and is the nation’s number-one-ranked disabled sailor.

“This regatta is about wonderful people dedicated to a good cause,” said Callahan. “It’s Wall Street meeting old Newport meeting Shake-A-Leg. This is the first year that we’ve had such a wide cross-section of sponsors and sailors together. It shows that the event appeals to a larger audience.”

Team MBIA (Armonk, N.Y.), led by Nick Saubis and Chris Jumper sailing America's Cup 12-Meter Intrepid in the 11th Wall Street Corporate and Challenge Cup.

Team FRIENDS OF SHAKE-A-LEG #1, led by Donald Wash, (Newport, R.I.) formerly of Equifax, and Patrick Taylor of Nationwide Insurance, finished in third place. Rounding out the fleet in fourth and fifth places, respectively, were MBIA (Armonk, N.Y.), led by Nick Saubis and Chris Jumper and FRIENDS OF SHAKE-A-LEG #2, led by Debra Lethbridge of Credit Suisse/First Boston.

The corporate teams consisted of up to ten members of the 14-person 12-Meter crew. A sailing notable was assigned to each boat, with additional top sailors from Shake-A-Leg’s adaptive sailing program leaving their wheelchairs on the dock to join the racing action. Race Director was Robie Pierce (Newport), accomplished international able-bodied and disabled sailor. The event was presented by the Hyatt Regency-Newport on Goat Island, where race headquarters were established. Other sponsors were Cox Communications, JT’s Ship Chandlery, Team One Newport, Wayne Distributors and Quinnipiac University.

SHAKE-A-LEG ANNUAL AWARDS

At the Crew Reception and Dinner on Friday night, Shake-A-Leg honored eight individuals for their commitment to the program’s mission to assist its participants to become all they can be in education, work place and quality-of-life pursuits. Shake-A-Leg utilizes Salve Regina University’s facilities for its adult and teen rehabilitation services, as well as the Confidence is Cool Camp for youngsters. Sister Teresa Antone, president of Salve Regina, gave the invocation.

Lance and Downey Hinrichs of Houston, Texas, were awarded Shake-A-Leg-Newport’s highest honor, the Lauren Meaney Spirit Award, which is presented annually to individuals who have overcome great adversity. Rhode Island Secretary of State Edward Innman presented Lance Hinrichs with a state proclamation. Rhode Island Attorney General Sheldon Whitehouse also attended. Walter Kress not only won the Wall Street and Corporate Challenge Cup, but he was presented with the 2002 Alofsin Award for his dedication to sailing and Shake-A-Leg.

“I was totally surprised and had no idea,” said Kress after receiving his honor. “I’ve enjoyed working with the organization over the past nine years and getting to know the people involved.”

Barbara Ruscetta and Mario Rusceta of Newport received recognition as Volunteer of the Year. MBIA vice presidents Nick Saubis and Chris Jumper, along with disabled sailor Elsa Johnson, a student at Northeastern University, were recognized as Shake-A-Leg's 2002 Profiles in Courage.

For more information, contact Shake-A-Leg-Newport at P.O. Box 1264, Newport, R.I., 401-849-8898 (phone), 401-848-9072 (fax), Larrygadsby@aol.com. Results and photos are available at www.shakealeg.org or www.wsccc.org

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