BEN CAVAZOS SELECTED REGIONAL VICE PRESIDENT OF HSF TEXAS

SAN FRANCISCO, May 19, 2008 - Hispanic Scholarship Fund (HSF), the nation’s largest organization providing scholarships and educational support to Latino students, announced today it has hired Ben Cavazos, a former telecommunications executive, as its new Regional Vice President for Texas.

Cavazos joins HSF after 25 years of corporate and not-for-profit management experience. Most recently, Cavazos was Vice President of Sales for AT&T Latin America. He also held sales management positions of increasing responsibility at U.S. West and Global Crossing.

While at AT&T, Cavazos was extensively involved with not-for-profit organizations. He served three terms as National President of the AT&T Hispanic Employees Association. In that role, he worked to create awareness and support for a diversified workforce. He helped AT&T with its own diversity efforts as well. Cavazos also was one of the founders of the National Hispanic Employee Association and succeeded in developing an extensive network of chapters that included members from such major corporations as Kaiser Permanente, Apple, Hewlett Packard, PG&E, Avon, U.S. West, SBC and Verizon.

Cavazos is the most recent management addition to a number of professionals HSF has hired in key markets across the country to focus on raising funds to increase scholarship support for Hispanics, the fastest growing segment of the country’s population, according to U.S. Census figures.

 “HSF is privileged to have such a qualified professional as Ben lead our Texas office,” said HSF President & CEO Frank D. Alvarez. “He is joining HSF at an exciting and critical time. Our goal is to aggressively increase funding to meet our growing demand. We know that by taking our positive story to more and more people, we can make great advancements in the higher education of Latinos, and thus positively affect America.”

Cavazos said his main objective is to assist as many Latinos as possible through increased fundraising. “I now have the opportunity to combine my passion for education with my business experience to help lead one of the most respected, nonprofit organizations in the country,” said Cavazos.

A San Antonio native, Cavazos is a graduate of Texas A&I University, where he earned his B.A. in Business Administration.