February 23, 2002 in Social Responsibility News

Olympians Raise Funds for Olympic aid Throughout Salt Lake Games at Olympic Rendezvous @ SAMSUNG

Salt Lake City (February 23, 2002) - Some of the biggest stars of the Salt Lake Games have helped raise awareness, as well as thousands of dollars for Olympic Aid through programs at the Olympic Rendezvous @ Samsung (OR@S). Olympians that participated include Michelle Kwan, gold medal snowboarder Ross Powers, bronze medal snowboarder Chris Klug, bronze medal figure skater Timothy Goebel, 5-time gold medalist Bonnie Blair, and Olympic champions Dorothy Hamill and Viktor Petrenko.

In a special presentation today, Jeonghan Kim, President of Samsung Telecommunications America, and 1998 Olympic gold medalist Eric Bergoust presented Olympic Aid founder Johann Olav Koss with a check for $77,448.

Olympic Aid is an athlete-driven humanitarian organization that delivers sport and play programs to children in disadvantaged parts of the world. Through these programs, Olympic Aid helps children build self-esteem and further develop both physically and psychologically.

The funds were raised through a variety of initiatives conducted at the OR@S, including the TeamMates program, daily live auctions of limited-edition Olympic Countdown collectible T-shirts, and silent auctions of sporting memorabilia.

"Samsung is an important partner for Olympic Aid, and their contributions during the Salt Lake Games have been invaluable," said Koss. "By providing a dynamic venue for our auctions and our TeamMates program, Samsung has driven awareness of Olympic Aid and helped raise funds for our programs."

For the Olympic Countdown collectible T-shirt live auctions, Olympians signed and modeled the shirts daily at the OR@S, with the highest spectator bid of $550 raised for bronze medalist Chris Klug's signed T-shirt.

In addition, more than 20 pieces of signed Olympic memorabilia - including figure skater Michelle Kwan's skate, gold medalist Ross Powers' snowboard and five-time gold medalist Bonnie Blair's speed skates - were offered to fans through a silent auction. The highest bid through silent auction was $2,500 for Powers' autographed snowboard.

Through its use of the Olympic Rendezvous @ Samsung, Olympic Aid also drove athlete participation in the TeamMates program, which paired Olympic athletes with children around the world in locations like Angola, Tanzania and Uganda. More than 280 athletes from 37 countries signed on to become a "TeamMate," and on behalf of each participating athlete, Samsung made a financial contribution to Olympic Aid.

All proceeds raised by the TeamMates program and the silent and live auctions will fund sport and play programs for children in refugee camps.

The 2002 Games mark the second consecutive Olympic Games that Olympic Aid and Olympic Worldwide Partner Samsung have worked together. At the Sydney 2000 Olympic Games, Samsung helped raise more than $100,000 for Olympic Aid.

Samsung is a proud Worldwide Partner of the Salt Lake 2002 Olympic Winter Games and the official Wireless Telecommunications Equipment Partner to the Salt Lake 2002 Olympic Winter Games. Samsung is also the presenting sponsor of the Samsung Athlete Family Homestay Program.

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