SOURCE: Bright Horizons Family Solutions

May 29, 2007 12:00 ET

Bright Horizons Named to "World's Most Ethical Companies" List by Ethisphere Magazine

WATERTOWN, MA--(Marketwire - May 29, 2007) - Bright Horizons Family Solutions (NASDAQ: BFAM), the world's leading provider of employer-sponsored child care, early education, and work/life solutions, has been named one of the "World's Most Ethical Companies" by Ethisphere Magazine, a national publication focused on corporate ethics. The companies on the list were recognized for their strong leadership in ethics and compliance, advancement of industry discourse on social and ethical issues, and positive engagement in the communities in which they operate.

"We are proud to have been named to the World's Most Ethical Companies list, along with several of our clients. As an organization devoted to making a difference in the lives of children and families through innovative work/life programs, we have very high ethical standards for our more than 18,000 employees. This honor is a testament to our employees and our culture that supports honesty, accountability, respect, teamwork, and helping others. In addition to serving families enrolled in Bright Horizons programs, our employees volunteer their time to improve the lives of thousands of at-risk children and families in communities across North America and Europe through our nonprofit organization, The Bright Horizons Foundation for Children," said David Lissy, CEO, Bright Horizons, and Member of the Board of the Bright Horizons Foundation for Children.

The editors of Ethisphere Magazine chose just 92 companies to make the list, from several thousand organizations around the world that they analyzed over a six-month period. "This was a rigorous process that identified a select group of companies that were unequalled in their industries for their commitment to ethical leadership and corporate social responsibility. These organizations go beyond making statements about doing business ethically; they translate those words into action," said Alex Brigham, executive editor of Ethisphere Magazine.

The process included reviewing companies' codes of ethics, litigation, and regulatory infraction histories; evaluating investment in innovation and sustainable business practices; looking at companies' activities to improve corporate citizenship; studying nominations from senior executives, industry peers, suppliers and customers; and working with consumer action groups for feedback and rating.

Ethisphere Magazine has a circulation of 65,000 global Board members, CEOs, General Counsel, Chief Ethics and Compliance Officers and institutional investors, and offers insight on gaining market share and creating sustainable competitive advantage through ethical business practices and corporate citizenship.

About Bright Horizons Family Solutions (www.brighthorizons.com)

Bright Horizons Family Solutions is the world's leading provider of employer-sponsored child care, early education, and work/life consulting services, managing more than 600 early care and family centers in the United States, the United Kingdom, Ireland and Canada. Bright Horizons serves more than 700 clients, including more than 95 FORTUNE 500 companies and 70 of the "100 Best Companies" as recognized by Working Mother magazine. Bright Horizons is one of FORTUNE magazine's "100 Best Companies to Work For" and one of the Financial Times "50 Best Workplaces in the UK." The Bright Horizons Foundation for Children was founded in 1999 to help forward the vision of Bright Horizons Family Solutions to make a difference in the lives of children and families. More information is at www.brighthorizons.com/foundation.

About the Ethisphere Council

Ethisphere Magazine was formed in 2006 as a forum for The Ethisphere Council, an exclusive group of corporations and their leaders who are committed to the belief that ethics and profitable business are not mutually exclusive -- but rather inextricably intertwined. Members of the Ethisphere Council herald from organizations that recognize that having a highly effective ethics and compliance approach is integral to their organizations' long-term sustainable business success and wish to help illuminate this fact to others through the sharing of best practices, peer review, and ongoing educational opportunities. More information can be found at http://www.ethisphere.com.

Contact Information

  • Media Contact:
    Leah Lesser
    (617) 673-8020

    Investor Contact:
    Elizabeth Boland
    (617) 673-8000