Business
Pason Donates Funds to Calgary Foundation to Support Flood Relief Efforts
CALGARY , July 4, 2013 /CNW/ - Pason Systems Inc. (TSX: PSI) is donating $100,000 to t...
About this update from Pason Systems Inc.
[{"type":"text","content":"\n\n\nCALGARY, July 4, 2013 /CNW/ - Pason Systems Inc. (TSX: PSI) is donating\n $100,000 to the Calgary Foundation to support their flood relief\n program, and is matching employee donations to the Foundation up to\n another $100,000. Additionally, Pason is facilitating volunteer efforts\n for employees to actively assist residents in flood impacted areas with\n remediation work.\n\n\n\"In the wake of these devastating floods, it is heartening to see the\n community spirit and kindness of southern Albertans as they band\n together to help and support each other. As a responsible corporate\n citizen, Pason would like to do its part to aid in the recovery\n efforts,\" said Marcel Kessler, President and CEO of Pason.\n\n\nThe Calgary Foundation has established a Flood Recovery and Rebuilding\n Fund to support Alberta communities (including Calgary, High River,\n Canmore, and surrounding First Nations) through recovery and the next\n wave of needs in the area. The Fund does not charge an administrative\n fee or a credit card transaction fee, so 100% of donations are directed\n to areas in need. The Calgary Foundation provides funding and support\n to shelter and food programs, rebuilding neighborhoods and public\n spaces, and addressing mental health concerns. For more information and\n to donate to the Calgary Foundation, please visit their website at http://www.thecalgaryfoundation.org/.\n\n\nPason Systems Inc. \nPason Systems Inc. is a leading provider of instrumentation systems to\n land-based and offshore drilling rigs worldwide. The company's rental\n solutions, which include data acquisition, wellsite reporting, remote\n communications, and web-based information management, maximize rig\n uptime, improve work efficiency, and minimize operating costs. Pason's\n common shares trade on the Toronto Stock Exchange under the symbol PSI.\n\n\nCertain information regarding the Company contained herein may\n constitute forward-looking information under applicable securities law.\n These forward-looking statements are based upon various underlying\n factors and assumptions, including the state of the economy and the oil\n and gas exploration and production business, in particular; the\n Company's business prospects and opportunities; and estimates of the\n financial and operational performance of Pason.\n\n\nForward-looking information...