Press Release

The Sense of Smell Institute

New York, NY, May 14, 2001 – In a tribute to the late Henry G. Walter, Jr., the Sense of Smell Institute (SOSI) has announced that it will name its annual Sense of Smell Award after the former chairman and chief executive of International Flavors & Fragrances.

SOSI chairman of the board, Annette Green, notes “Hank Walter was truly a visionary who brought the realm of sensory and psychological research to our industry when he founded IFF's aromascience program. He was also a key figure in the creation of the Sense of Smell Institute in the early 80s (known then as The Fragrance Foundation Philanthropic Fund).”

The Henry G. Walter, Jr. Sense of Smell Award will be presented each year to a scientist in recognition of his/her achievements in the field of olfactory research. This year, it will be presented at SOSI's annual Night of Honors fund-raising gala scheduled for November 27, 2001 at The Pierre. Members of SOSI's Industry and Scientific Advisory Committees as well as former Sense of Smell Award honorees will nominate candidates for the award. The finalist will be selected by a majority vote of the advisory committee members.

For the first time this year, the recipient of the Henry G. Walter Jr. Sense of Smell Award will receive a $5,000 cash prize in addition to the traditional crystal trophy. International Flavors and Fragrances has generously provided a two-year grant to SOSI to underwrite the cash prize. Pochet of America will generously provide the unique crystal trophy that will be presented to the winning candidate.

For additional information contact: Terry Molnar at (212) 725-2755