NEW YORK, May 14 /PRNewswire-FirstCall/ -- Thomson Reuters (NYSE: TRI;
TSX: TRI; LSE: TRIL; Nasdaq: TRIN), the world's leading source of
intelligent information for businesses and professionals, today announced
that Thomson Reuters and its Foundation will support disaster relief
efforts in Myanmar with a donation totaling $300,000. The commitment will
directly fund relief agencies that have gained access to areas devastated
by Cyclone Nargis through the Foundation's AlertNet International Disaster
Fund (AIDfund), an independent grant-making fund that disburses cash grants
for specific aid projects immediately after disasters.
(Logo: http://www.newscom.com/cgi-bin/prnh/20080424/NYTH069LOGO )
The Foundation is donating $200,000 to AIDfund, supplemented by an
additional $100,000 contribution from Thomson Reuters. After reviewing
relief agency submissions, AIDfund has elected to distribute cash grants to
the following non-governmental agencies:
-- Adventist Development and Relief Agency (ADRA) - Austria
-- British Red Cross
-- Christian Aid
-- HelpAge International
-- Muslim Aid
-- World Vision International
The agencies will be providing food parcels including rice, oil, pulses
and dried fish, water purification tablets, clean water systems, blankets,
clothing and temporary shelter. These projects will be able to deliver much
needed support to many thousands of beneficiaries with the Christian Aid
project alone aiming to reach 100,000 people. HelpAge International will
target the most vulnerable including older people, children, pregnant women
and the disabled.
Commenting on the announcement, Monique Villa, chief executive officer
of the Reuters Foundation said, "The point of AIDfund is to get cash fast
to relief agencies already on the ground in Myanmar. These agencies are the
ones most able to make a difference in this critical period when lives can
still be saved. All the agencies we've chosen have been active in the
country for years. They have the local knowledge and connections to get
relief where it's needed quickly."
Supported by the Reuters Foundation, AIDfund is an independent fund
which provides immediate support to humanitarian organizations working on
the frontline of emergency relief. AIDfund experts, drawn from the relief
industry, rapidly assess the merits of grant applications made by the more
than 400 member aid organizations in the Foundation's AlertNet program.
AlertNet (http://www.alertnet.org) provides relief professionals and the wider
public up-to-date information on humanitarian crises around the world.
AlertNet for Journalists, a set of tools and resources to help reporters
worldwide cover difficult crises, includes detailed crisis briefings, aid
agency contacts, humanitarian statistics and early warning of disasters.
Reuters Foundation runs four core programs: journalism training,
Reuters AlertNet, the inception and creation of Aswat al Iraq
(http://www.aswataliraq.info) and part-funding of the Reuters Institute for the
Study of Journalism at the University of Oxford. It is expected to continue
to run these programs while expanding to take on more initiatives to
reflect the expertise, global community and strategic business goals of
Thomson Reuters.
About Thomson Reuters
Thomson Reuters is the world's leading source of intelligent
information for businesses and professionals. We combine industry expertise
with innovative technology to deliver critical information to leading
decision makers in the financial, legal, tax and accounting, scientific,
healthcare and media markets, powered by the world's most trusted news
organization. With headquarters in New York and major operations in London
and Eagan, Minnesota, Thomson Reuters employs more than 50,000 people in 93
countries. Thomson Reuters shares are listed on the New York Stock Exchange
(NYSE: TRI); Toronto Stock Exchange (TSX: TRI); London Stock Exchange (LSE:
TRIL); and Nasdaq (Nasdaq: TRIN). For more information, go to
http://www.thomsonreuters.com.
CONTACTS
Fred Hawrysh Frank DeMaria
Global Director, Corporate Affairs Global Director, Media Relations
1.203 539 8314 1.646 223 5507
fred.hawrysh@thomsonreuters.com frank.demaria@thomsonreuters.com
SOURCE Thomson Reuters
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Related links:
http://www.thomsonreuters.com
http://www.alertnet.org
Photo Notes:
NewsCom: http://www.newscom.com/cgi-bin/prnh/20080424/NYTH069LOGO
AP Archive: http://photoarchive.ap.org
PRN Photo Desk, photodesk@prnewswire.com
CONTACT:
Fred Hawrysh, Global Director, Corporate
Affairs, +1-203-539-8314, fred.hawrysh@thomsonreuters.com, or
Frank DeMaria, Global Director, Media Relations, +1-646-223-5507,
frank.demaria@thomsonreuters.com
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