Verizon Donates $25,000 to Red Cross

RICHMOND, Va. - The American Red Cross will receive a $25,000 gift from Verizon Foundation to aid those Virginians victimized by Hurricane Isabel and the violent storms that followed.

"Our prayers and hopes go out to our fellow Virginians as they strive to rebuild their lives in the wake of these devastating storms," said Robert Woltz, president of Verizon Virginia. "We encourage our employees to also lend their support to the Red Cross' tireless efforts."

Verizon Foundation last year awarded 22,000 grants totaling more than $70 million to charitable and nonprofit agencies that focus on improving basic and computer literacy, enriching communities through technology, and creating a skilled work force. The foundation uses its resources in the United States and abroad to develop partnerships in technology and connect them with organizations serving the needs of diverse communities, people with disabilities, victims of domestic violence and the economically and socially disadvantaged. The foundation also supports Verizon Volunteers, an incentive program that last year encouraged Verizon employees to volunteer more than 500,000 hours in their communities and provided $27.8 million in combined contributions to charitable and nonprofit organizations. For more information on the foundation, visit www.verizon.com/foundation.

A Fortune 10 company, Verizon Communications (NYSE:VZ) is one of the world's leading providers of communications services, with approximately $67 billion in revenues and 221,000 employees. Verizon companies are the largest providers of wireline and wireless communications in the United States, with 137.6 million access line equivalents and 34.6 million Verizon Wireless customers. Verizon is the third largest long-distance carrier for U.S. consumers, with 14.6 million long-distance lines. The company is also the largest directory publisher in the world, as measured by directory titles and circulation. Verizon's international presence includes wireline and wireless communications operations and investments, primarily in the Americas and Europe. For more information, visit www.verizon.com.