PowerStream Inc.

PowerStream Inc.

October 06, 2010 14:44 ET

PowerStream Golf Event Nets Over $63,000 for the United Way

Proceeds from Successful Annual Charity Tournament Continue to Increase

VAUGHAN, ONTARIO--(Marketwire - Oct. 6, 2010) - PowerStream's Annual Charity Golf Tournament continues to be one of the most successful fundraising events in Ontario's electricity industry.

The seventh annual tournament, held last month at the Nottawasaga Inn and Golf Resort in Alliston, Ontario, netted over $63,000 in support of the United Way of York Region and the United Way of Greater Simcoe County, an increase of almost 10 percent from what the event raised in 2009.

Over the past three years, PowerStream's Annual Charity Golf Tournament generated a total of nearly $150,000 for the two United Way organizations it supports.

The PowerStream tournament has become one of the largest golf events hosted by a utility in Ontario's electricity industry. More than 60 sponsors, 360 golfers and 30 volunteers return every year to this fun-filled event and through their participation help to raise money for the benefit of others.

"It is through our partnerships with suppliers, key stakeholders and businesses in our service territory that enables us to hold a successful charity golf tournament year after year," said Brian Bentz, President and CEO of PowerStream. "Fundraising events like our tournament ultimately have a profound and positive impact on the communities we serve."

PowerStream's Annual Charity Golf Tournament is a cornerstone event within the electricity distribution company's United Way Campaign, held during the fall of each year. Including the proceeds from this year's golf tournament, PowerStream's Annual United Way Campaign has raised more than $500,000 for the charity since 2004.

About PowerStream

PowerStream is the second largest municipally-owned electricity distribution company in Ontario, providing service to more than 325,000 customers residing or owning a business in communities located immediately north of Toronto and in Central Ontario. The communities served include Alliston, Aurora, Barrie, Beeton, Bradford West Gwillimbury, Markham, Penetanguishene, Richmond Hill, Thornton, Tottenham and Vaughan. PowerStream is an incorporated entity, jointly owned by the City of Barrie, the City of Vaughan and the Town of Markham.

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