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NEWS RELEASE
For Immediate Release:
August 3, 2009
JUNIOR ACHIEVEMENT OF
GEORGIA COMPANY "PROJECT MY WORLD" WIN 2009 HP RESPONSIBLE BUSINESS AWARD
Successful young entrepreneurs develop
innovative, environmentally friendly product.
Colorado Springs, Colo. — At the North American JA Company of the
Year Competition recently held in Boston, Junior Achievement and Hewlett-Packard
honored Project My World - a student company composed of 14 teens from the
Atlanta, Georgia area - with the HP Responsible Business Award. JA and HP
launched the new award to encourage young entrepreneurs to engage in responsible
business practices.
One of Project My World's primary objectives was to enlighten consumers about
living a sustainable, economically positive lifestyle, according to the
students' JA Company Annual Report. The winning team marketed and sold an
environmentally friendly Eco-Tote made of 100-percent recycled material to
replace plastic bags at grocery and retail stores. The innovative design
eliminates the need for packaging, as the bag folds to form a small zip pouch
for easy storage and re-use.
Project My World sold 800 Eco-Totes and donated more than 20 percent of its
profits to a community charity, the Georgia Conservancy, while delivering a
250-percent return on investment to its shareholders. "We are grateful to HP for
its commitment to educating youth about entrepreneurship, good business
practices and global citizenship," said Sean Rush, president and chief executive
officer of JA Worldwide. "We appreciate their support of Junior Achievement's
mission to inspire and prepare young people to succeed in a global economy."
"The HP Responsible Business Award not only encourages the development of
business and work-readiness skills, but also teaches the value of corporate
social responsibility," said Yvonne Hunt, director, Social Investment, HP.
"Students who compete for this award gain valuable skills and an edge up on
entering the world marketplace and contributing to economic betterment. We
applaud their vision and are pleased that our work with JA is helping to promote
how corporate citizenship can best align a business' goals with its impacts on
society and the planet."
A special HP jury evaluated Project My World's achievement, based on the
award criteria of financial performance, social responsibility, environmental
excellence and innovation, and awarded the Project My World team top honors,
along with 5 HP mini notebook computers.
About JA Worldwide® (Junior Achievement)
Junior Achievement is the world's largest organization dedicated to inspiring
and preparing young people to succeed in a global economy. Through a dedicated
volunteer network, Junior Achievement provides in-school and after-school
programs for students which focus on three key content areas: work readiness,
entrepreneurship, and financial literacy. Today, 131 individual area operations
reach more than four million students in the United States, with an additional
five million students served by operations in 123 other countries worldwide. For
more information, visit www.ja.org.
About HP
HP is a technology solutions provider to consumers, businesses and institutions
globally. The company's offerings span IT infrastructure, global services,
business and home computing, and imaging and printing. Today, Hewlett-Packard
(HP) is a leading technology solutions provider to consumers, businesses and
institutions globally. With a portfolio that spans printing, personal computing,
software, services and IT infrastructure, HP is among the world's largest IT
companies, with revenue totaling $100.5 billion for the four fiscal quarters
ended July 31, 2007. HP has been operating in the Europe, Middle East and Africa
(EMEA) region since 1959 and is the Number One IT company in this region.
Currently, HP has 43 subsidiaries and 41,700 employees in EMEA. More information
about HP (NYSE, Nasdaq: HPQ) is available at
www.hp.com.
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