Crosstex Rewards Employees for Donating Supplies to Captain Hope's Kids with a Pie in the FaceCrosstex Energy's senior managemen
May 31 2007 - 8:45PM
Business Wire
Employees of Crosstex Energy, L.P. (NASDAQ: XTEX) in Dallas, Texas
recently donated more than 3,000 basic need items for homeless
children through Captain Hope�s Kids, and the management team
honored their charitable giving with a personal sacrifice of their
own. In order to encourage over 250 employees of Crosstex to
participate in the donation drive, CEO Barry E. Davis and the
senior management team offered themselves up as targets for the
�Cream the Senior Management Team� event. Departments with 100
percent participation in the drive could elect an employee to throw
a pie in the face of the CEO or another senior management team
member of choice. At the end of the donation drive, Davis and the
entire Crosstex management team willingly took a pie in the face
for a good cause. �At Crosstex, our corporate culture is one that
supports and encourages our employees and their activities that
benefit our community,� said Davis. �I�m thankful to the employees
for stepping up to the plate and donating supplies to Captain
Hope�s Kids to help homeless children. I�m also grateful that our
management team joined in to provide everyone an opportunity to
celebrate and laugh.� Captain Hope�s Kids, which provides
critically needed supplies to homeless children, will distribute
all items donated by Crosstex employees to its network of homeless
service providers in Dallas, Tarrant and Collin counties. Donations
included diapers, underwear, socks and hygiene items for homeless
children from birth to age 17. �Crosstex Energy held a hugely
successful corporate donation drive, and the homeless children
served by Captain Hope�s Kids will greatly benefit from the life�s
necessities they collected,� says Jada Simpson, program director
for Captain Hope�s Kids. �The culmination of the donation drive was
one of the messiest and most celebratory I�ve ever attended, and I
was blown away by the generosity and spirit of the Crosstex
employees.� According to a count by the Metro Dallas Homeless
Alliance, women and children rose to more than half the total
homeless population in Dallas County at 53 percent, compared to 48
percent in 2005. On any given night in North Texas, more than 1,200
children will sleep in homeless and domestic violence shelters. In
the Dallas area, 2/3 of homeless children are younger than 10.
About the Crosstex Energy Companies Crosstex Energy, L.P. (the
Partnership), a midstream natural gas company headquartered in
Dallas, operates over 5,000 miles of pipeline, 12 processing
plants, four fractionators, and approximately 200 natural gas
amine-treating plants and dew point control plants. Crosstex
currently provides services for over 3.0 Bcf/day of natural gas, or
approximately 6.0 percent of marketed U.S. daily production based
on August 2006 Department of Energy data. Crosstex Energy, Inc.
(NASDAQ: XTXI) (the Corporation) owns the two percent general
partner interest, a 38 percent limited partner interest, and the
incentive distribution rights of Crosstex Energy, L.P. Additional
information about the Crosstex companies can be found at
www.crosstexenergy.com. About Captain Hope�s Kids Captain Hope's
Kids is committed to meeting the critical needs of homeless
children. Through its partnership with approximately 40 homeless
service providers in North Texas, Captain Hope�s Kids helped
agencies provide $466,500 in supplies for more than 15,000 homeless
children last year, a 41% increase over 2005. The organization
collects and distributes necessities like diapers, underwear,
socks, strollers, school uniforms and hygiene items. For additional
information about Captain Hope�s Kids, please visit
www.captainhope.org.
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