Tuesday, September 9, 2008

Associated Press Article

Our communications department has been busy issueing press releases all over the place. There have been articles in The Guardian, Business Day (a paper in South Africa), and a few local places. This one came out in the Associated Press today and is kind of nice. Apparently the president knows about the program now...


IBM pledges $250M for volunteer program
7 hours ago
SAN FRANCISCO (AP) — IBM Corp. pledged Monday to contribute $250 million in services to charities and nonprofit groups, expanding a program that sends rising stars within the company to developing countries to polish their leadership skills in diverse environments.

The Armonk, N.Y.-based company announced the three-year commitment in conjunction with a speech by President Bush at the White House on volunteerism in which he praised the innovation of IBM's Corporate Services Corps program.

IBM describes the program as a corporate version of the Peace Corps. Interested employees apply for a limited number of slots. If selected — IBM says its acceptance rates are sometimes lower than Harvard University's — they are sent off to work with groups in emerging countries on a variety of business and technology problems, such as building out information technology infrastructure or starting microfinancing programs.

The $250 million refers to pro bono services and employees' time that IBM plans to donate over the next three years as part of the program.

No comments: