Business Services Industry

Siemens to Send Power, Medical, Water and Telecommunications Equipment to Aid in Hurricane Katrina Relief Efforts; Company Initiates 100% Matching Donation Program for Its 70,000 US Employees

Business Wire, Sept 1, 2005

NEW YORK -- Siemens today announced initial deployment of critical infrastructure equipment needed in the wake of Hurricane Katrina. The company is sending power generators to hospitals in Houston and Louisiana and telecommunications equipment to emergency centers and key hubs. Siemens is preparing to send USFilter water treatment equipment to the Gulf Coast areas and heart monitors and imaging equipment to Houston area hospitals. In addition, the company has announced a 100% matching donation program for its 70, 000 US employees. Donations will be made to the American Red Cross Disaster Relief Fund.

"Siemens employees join the rest of the nation in our concern and sympathy for those in Louisiana Mississippi and Alabama who are experiencing such devastation and loss from Hurricane Katrina," said Siemens Corporation CEO and President George Nolen. "While the full impact and needs have yet to be determined, Siemens already has responded to requests for equipment related to healthcare and safety. We are prepared to continue assisting with the relief effort and ultimately the rebuilding of communities in the south. Our thoughts and prayers will be with our colleagues and their neighbors in the weeks and months ahead."

Siemens has more than 2,500 employees in the affected areas. The company initiated a hotline for affected employees to call in if they need housing, supplies, clothing and other essentials. In addition, Siemens is working with the Red Cross and FEMA to determine what other products, services and manpower is needed to assist with the relief efforts.

About Siemens AG

Siemens AG (NYSE:SI) is one of the largest global electronics and engineering companies with reported worldwide sales of $91.5 billion in fiscal 2004. Founded more than 155 years ago, the company is a leader in the areas of Medical, Power, Automation and Control, Transportation, Information and Communications, Lighting, Building Technologies, Water Technologies and Services and Home Appliances. With its U.S. corporate headquarters in New York City, Siemens in the USA has sales of $16.6 billion and employs 70,000 people throughout all 50 states and Puerto Rico. Thirteen of Siemens' worldwide businesses are based in the United States. With its global headquarters in Munich, Siemens AG and its subsidiaries employ 440,000 people in 190 countries. For more information on Siemens in the United States: www.usa.siemens.com.

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COPYRIGHT 2005 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning
 

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