31.01.2005 17:12:00
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Argon ST, Inc. Contributes $52,000 to AmeriCares for Tsunami Relief
Philanthropy Writers/Business Editors/Technology Editors
FAIRFAX, Va.--(BUSINESS WIRE)--Jan. 31, 2005--Argon ST, Inc. (NASDAQ:STST), today announced that they are supporting AmeriCares in an effort to provide relief and aid for victims of the earthquake and tsunami in South Asia. Argon ST pledged to match employees' donations dollar-for-dollar up to $20,000. Argon ST's 600-plus employees not only responded to the challenge to donate $20,000, they far exceeded that goal by donating more than $32,000. With Argon ST's corporate match of $20,000, the company is pleased to make a total contribution of more than $52,000 to AmeriCares.
Debbie Jaudon, Argon ST's Director of Human Resources, stated, "We are so glad to be able to make this contribution to AmeriCares. We challenged our employees to donate $20,000, and they amazed us by exceeding that goal significantly. Our thoughts and best wishes are with all the victims of the tsunami."
Since their inception in 1997, Argon has donated 1% of all pre-tax profits to local charities. A group of employee volunteers serve on a Charity Committee to determine how the funds will be distributed. Argon ST donated more than $75,000 to charitable organizations in 2004, and Argon ST employees donated approximately $9,000 through a payroll deduction program.
Argon ST designs, develops, and manufactures systems and sensors for the Command and Control, Communications, Computers, Intelligence, Surveillance, and Reconnaissance (C4ISR) markets including SIGINT (signals intelligence), ESM (Electronic Support Measures), EW (Electronic Warfare), imaging, and acoustic systems serving domestic and worldwide markets.
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CONTACT: Argon ST, Inc., Fairfax Betty Wells, 703-550-7000 Ext. 408 betty.wells@argonst.com
KEYWORD: DISTRICT OF COLUMBIA VIRGINIA INDUSTRY KEYWORD: MANUFACTURING HARDWARE LEGAL/LAW AEROSPACE/DEFENSE GOVERNMENT SOURCE: Argon ST, Inc.
Copyright Business Wire 2005
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