ATCO Ltd.
TSX : ACO.Y
TSX : ACO.X

ATCO Ltd.

January 20, 2011 18:09 ET

ATCO and Its Employees Raise $3.1 Million for Charity

More than 500 charitable organizations to benefit

CALGARY, ALBERTA--(Marketwire - Jan. 20, 2011) -

A photo for this release will be available via Marketwire on the picture wire of The Canadian Press

ATCO and its employees, through their annual company-wide ATCO Employees Participating in Communities (EPIC) fundraising program, have pledged $3.1 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.

"As the need in our communities continue to grow, so does the generosity and community spirit of the people of ATCO," said Nancy Southern, President and CEO, ATCO Group. "I am inspired by our ATCO employees who continue to make epic contributions to our communities through donations, participation in our fundraising activities and who give the gift of time."

The EPIC program combines fundraising events, auctions, friendly team competitions and employee pledges, to support charitable organizations across Canada. ATCO absorbs all the administration costs of the campaign, ensuring that 100% of the employee donations go toward the employees' charities of choice. ATCO further enhances its employees' generosity by matching charitable donations made to human health and wellness organizations.

ATCO Group, with more than 7,500 employees and assets of approximately $10 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 liquids extraction), Structures & Logistics (manufacturing, logistics and noise abatement) and Technologies (business systems solutions). More information can be found at www.atco.com.

Forward-Looking Information:

Certain statements contained in this news release may constitute forward-looking statements. Forward-looking statements are often, but not always, identifiedby the use of words such as "anticipate", "plan", "expect", "may", "will", "intend", "should", and similar expressions. These statements involve 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 statements. The Corporation believes that the expectations reflectedin the forward-looking statements are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward-looking statements should not be unduly relied upon.

The Corporation's actual results could differ materially from those anticipated in these forward-looking statements as a result of regulatory decisions, competitive factors in the industries in which the Corporation operates, prevailing economic conditions, and other factors, many of which are beyond the control of the Corporation.

The forward-looking statements contained in this news release represent the Corporation's expectations as of the date hereof, and are subject to change after such date. The Corporation disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required under applicable securities regulations.

Contact Information

  • ATCO Group - Calgary
    Nancy Southern
    President & CEO
    (403) 292-7635
    or
    ATCO Group - Edmonton
    Siegfried Kiefer
    Managing Director, Utilities
    (780) 420-7151
    www.atco.com