Stmnt re US Events
September 14 2001 - 3:00AM
UK Regulatory
RNS Number:0003K
Thomson Corporation
13 September 2001
( BW)(THOMSON-CORP)(TOC.TO) Thomson Comments On Status of Employees
and Business Operations Impacted by World Trade Center Crisis
Business Editors
TORONTO--(BUSINESS WIRE)--Sept. 13, 2001--12:30 PM EDT--The
Thomson Corporation today confirmed the loss of one Thomson employee
on American Airlines Flight No.11. "We are in close contact with the
family, and are doing everything in our power to help them through
this ordeal," said Richard J. Harrington, president and chief
executive officer of The Thomson Corporation. In addition, 10 Thomson
Financial employees located in the World Trade Center remain
unaccounted for as of 12:30 PM EDT on Thursday, September 13. All
avenues to determine the status of the missing employees are being
pursued. All other Thomson employees working in the World Trade Center
have been confirmed safe.
Thomson Financial business services are fully operational. Backup
systems have been activated and Thomson Financial has relocated its
operations staff from the financial district to alternative locations
in the New York metro area. Other major Thomson Financial operations
centers in Newark, Boston, Rockville, MD, as well as its other 45
offices around the world, continue to operate normally. As a result,
nearly all products and services are available to customers on a fully
functional basis. A special U.S. customer hotline has been established
at 877-378-7762 to assist with any inquiries.
While the three other market groups of Thomson share emotionally
in the aftermath of Tuesday, The Thomson Corporation is fortunate that
its Legal & Regulatory, Learning, and Scientific & Healthcare groups
were not operationally impacted by this disaster. Thomson has
substantial insurance coverage and believes financial losses as a
result of the tragedy will be fully covered.
"We are grateful for the courage of Thomson people and their
families as we begin to recover from the personal toll and shock of
this tragedy," Mr. Harrington continued. "We are committed to work
closely with our people, customers and suppliers to begin healing and
move forward."
Thomson Financial, a market group within The Thomson Corporation,
is a provider of information and technology solutions to the worldwide
financial community. Through the widest range of products and services
in the industry, Thomson Financial helps clients in more than 70
countries make better decisions, be more productive and achieve
superior results. The Thomson Corporation, with 2000 revenues of
approximately US$6 billion, is a leading global information and
technology solutions company with 40,000 people working in 100
countries. Thomson comprises four market groups: Legal & Regulatory,
Financial, Learning, and Scientific & Healthcare. The Corporation's
common shares are listed on the Toronto and London stock exchanges
(TSE:TOC).
For more information regarding The Thomson Corporation, Thomson
Financial, and/or further updates regarding the status of employees
and business operations affected by the World Trade Center crisis,
please visit our websites at www.thomson.com and
www.thomsonfinancial.com.
--30--sm/ny*
CONTACT: Investor Contact:
The Thomson Corporation
John Kechejian
Vice President, Investor Relations
203/328-9470
john.kechejian@thomson.com
or
Media Contact:
Jason Stewart
Director, Public Relations
203/328-8339
jason.stewart@thomson.com
or
Thomson Financial
Allison Hagan
Director, Public Relations
646/822-2076
allison.hagan@tfn.com
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