Tyco and its Employees Lend Vital Support to Hurricane Victims
September 01 2005 - 2:38PM
PR Newswire (US)
PRINCETON, N.J., Sept. 1 /PRNewswire/ -- To help support relief
efforts in the wake of Hurricane Katrina, Tyco International, Inc.
(NYSE:TYC)(BSX:TYC) today announced a corporate cash donation of
$500,000 to the American Red Cross. In addition, the company is
providing a 100 percent match for qualified employee contributions
through its U.S. Employee Matching Gift Program. These cash
donations will be used to provide food, water, shelter, emergency
first aid, disaster welfare information and bulk distribution of
emergency relief items in the areas most affected. The company is
also beginning to mobilize other cash contributions, as well as
product support and donations from its five business segments:
Healthcare, Electronics, Plastics & Adhesives, Engineered
Products & Services, and Fire & Security. Tyco Plastics
& Adhesives has already donated thousands of trash bags to
civic and community centers in the affected region. M/A- COM, a
business unit of Tyco Electronics and a leading manufacturer of
critical emergency radio systems, is working with local police and
fire departments to support and sustain their public safety radio
systems. Tyco Healthcare maintains an ongoing relationship with
several relief organizations including AmeriCares and Direct Relief
International. Previously donated gauze, syringes, wound care
supplies, surgical tape and other medical supplies are already in
inventory with these relief organizations and ready for shipment as
soon as specific needs in the affected areas are identified.
According to Ed Breen, Tyco's chairman and chief executive officer,
"Our thoughts and prayers go out to the growing number of people
affected by Hurricane Katrina. It is impossible to know at this
time the full extent of damage done by the hurricane that struck
the Gulf Coast, but we know that rebuilding these areas will be a
long and arduous process. We look forward to working with our
customers, relief organizations and the government to evaluate the
ongoing needs there -- and to provide assistance when possible. In
the short-term, we will continue to work with the American Red
Cross to identify urgent needs where we may be able to provide
specific products and expertise." ABOUT TYCO INTERNATIONAL Tyco
International Ltd., is a global, diversified company that provides
vital products and services to customers in five business segments:
Fire & Security, Electronics, Healthcare, Engineered Products
& Services, and Plastics & Adhesives. With 2004 revenue of
$40 billion, Tyco employs approximately 250,000 people worldwide.
More information on Tyco can be found at http://www.tyco.com/. FOR
MORE INFORMATION Sheri Woodruff (609) 720-4399 Office (609)
933-9243 Mobile DATASOURCE: Tyco International Ltd. CONTACT: Sheri
Woodruff of Tyco, +1-609-720-4399 (Office) or +1-609-933-9243
(Mobile), Web site: http://www.tyco.com/ Company News On-Call:
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