January 18, 2010 17:33 ET

ATCO And Its Employees Raise Nearly $3 Million for Charity

Local communities to benefit

CALGARY, ALBERTA--(Marketwire - Jan. 18, 2010) -

Editors' Note: There are two photos associated with this release.

ATCO and its employees, through their company-wide ATCO Employees Participating in Communities (EPIC) fundraising program, have pledged $2.97 million to more than 500 charitable organizations.

The ATCO EPIC contribution was announced today in Calgary and Edmonton at special celebrations that brought together EPIC Committee leaders from the ATCO Group of Companies and representatives from benefiting community and charity organizations.

"The most severe global recession in sixty years has not dampened the spirit and generosity of our ATCO employees," said Nancy Southern, President and CEO, ATCO Group. "This compassion and sense of giving is a hallmark of the people of ATCO."

ATCO EPIC is a unique, employee-led fundraising initiative where employees donate to the charity of their choice and their donations are then matched by the company. This gives employees the benefit of making an impact on the communities where they live and work. Employees from all 9 ATCO principal operating companies participated in the program. Fundraising events included everything from on-line auctions to Wii competitions.

ATCO ensures that 100 per cent of the funds go directly to benefiting organizations. This is done by the company absorbing all administration costs.

Alberta-based ATCO Ltd., with more than 7,700 employees and assets of approximately $9.9 billion, delivers service excellence and innovative business solutions worldwide with leading companies engaged in Utilities (pipelines, natural gas and electricity transmission and distribution), Energy (power generation, natural gas gathering, processing, storage and natural gas liquid extraction), Structures & Logistics (manufacturing, logistics and noise abatement) and Technologies (business systems solutions).

Forward-Looking Information:

Certain statements contained in this news release may constitute forward-looking information. Forward-looking information is often, but not always, identified by the use of words such as "anticipate", "plan", "estimate", "expect", "may", "will", "intend", "should", and similar expressions. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking information. The Corporation believes that the expectations reflected in the forward-looking information are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward-looking information should not be unduly relied upon. Any forward-looking information contained in this news release represents the Corporation's expectations as of the date hereof, and is subject to change after such date. The Corporation disclaims any intention or obligation to update or revise any forward-looking information whether as a result of new information, future events or otherwise, except as required by applicable securities legislation.

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Contact Information

  • In Calgary:
    ATCO Group
    Nancy Southern, President & CEO
    (403) 292-7635
    In Edmonton:
    ATCO Group
    Siegfried Kiefer, Managing Director, Utilities
    (780) 420-7151