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Columbia University and Decisions Investments Corporation Reach Agreement on Management of Biosphere 2

Under a settlement agreement, Decisions Investments Corporation (DIC) agreed to drop a lawsuit it filed in March in Pinal County Superior Court against Columbia University and Biosphere 2 Center, Inc. (B2C).

B2C, an Arizona corporation established by Columbia University with several Columbia University officials on its board of directors, has been managing the Biosphere 2 facility since January of 1996 under a contract with DIC.

B2C will continue to operate the facility until December 22, 2003. At that time, management will revert to DIC, which will explore options for the future use and operation of the property.

The agreement will allow the fall semester's education courses (the Earth and Universe semesters) to continue and will permit certain research and public tours of the facility to continue. During the transition period, B2C will wind down research being conducted at Biosphere 2. Columbia will not be involved in educational programs at the Biosphere after the end of the fall semester.

"Columbia University has been engaged in addressing climate change and related challenges to the earth's environment for decades," said Robert Kasdin, senior executive vice president of Columbia. "As part of this engagement by our faculty and students, over the past eight years the University directed resources and energy to research and education at Biosphere 2. A number of scientific discoveries have been made and students from around the country have been exposed to the scientific and policy challenges they will confront throughout their lives. Columbia University believes its efforts will have even greater success in the future as its faculty and students build upon the University's significant strengths in New York."

Press contacts:
Columbia & B2C public relations:  Athia Hardt, tel: (602) 252-8200, x206, mobile 602-370-7966
DIC public relations: Terrell Lamb, at (781) 862-6412

Published: Sep 08, 2003
Last modified: Sep 08, 2003

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