DELRAY BEACH, Fla.--(BUSINESS WIRE)--March 17, 2005--Office Depot,
Inc., (NYSE:ODP), one of the world's leading resellers of office
products and services, announced today that the Company has been named
to the "Companies That Care" Honor Roll by the Center for Companies
That Care, headquartered in Chicago, Illinois for the second year.
This prestigious honor is given to companies that show a deep
commitment to their employees' quality of life as well as the
communities in which they operate.
A panel of veteran professionals in a variety of industries
selects those organizations that are committed to fostering a work
environment based on employee dignity and respect, developing
leadership characteristics and holding to a standard of ethics,
integrity and community support.
"Office Depot is deeply honored to once again be named as an Honor
Roll Company by the Center for Companies That Care," said Frank
Scruggs, Executive Vice President of Human Resources, Office Depot.
"Our employees are our most valuable asset. To be recognized for our
commitment to our more than 47,000 employees worldwide and our core
values as a Company is a tremendous achievement."
This year, 16 other organizations were also named to the honor
roll including Baxter Credit Union; The Care of Trees; CHAN Healthcare
Auditors; Convergint Technologies LLC; Delnor-Community Health System;
FPL Group; Grant Thornton LLP; Health Grades, Inc.; KPMG LLP; Opto
Technology, Inc.; PJM Interconnection; Rauland-Borg Corporation; TAP
Pharmaceutical Products Inc.; The Supply Room Companies, Inc.;
Triangle Printers Inc.; and University HealthSystem Consortium.
According to Marci Koblenz, President and Founder of Companies
That Care, "Office Depot is an example of a Company that not only
cares about its employees, but also makes a difference in all the
communities where its employees live and work 365 days a year, which
is a testament to the foundation and leadership of the company."
About Companies That Care
Founded in 2002, Companies That Care is a national, not-for-profit
organization that was founded to encourage, celebrate and sustain
businesses that prize employees and are committed to on-going
community service, through its core components of its annual Companies
That Care Day, Honor Roll and Exchange. For more about the Center for
Companies That Care, 2005 Honor Roll recipients or more information on
their educational initiative, visit the organization's website at:
www.companies-that-care.org or call 312-286-1547.
About Office Depot
With annual sales approaching $14 billion, Office Depot sells more
office products to more customers in more countries than any other
company. Incorporated in 1986 and headquartered in Delray Beach,
Florida, Office Depot conducts business in 23 countries and employs
47,000 people worldwide. The Company operates under the Office
Depot(R), Viking Office Products(R), Viking Direct(R), Guilbert(R),
and Tech Depot(R) brand names.
Office Depot is a leader in every distribution channel - from
retail stores and contract delivery to catalogs and e-commerce. With
$3.1 billion in online sales in FY'04, the Company is the world's
number three Internet retailer. In North America, Office Depot has 969
retail stores in addition to a national business-to-business delivery
network supported by 22 delivery centers and more than 60 local sales
offices. Internationally, the Company conducts wholly owned operations
in 14 countries via 78 retail stores and 25 distribution centers, and
operates 153 retail stores under joint venture and license
arrangements in another seven countries.
The company's common stock is listed on the New York Stock
Exchange under the symbol ODP and is included in the S&P 500 Index.
Additional press information can be found at:
http://mediarelations.officedepot.com/
CONTACT: Office Depot, Delray Beach
Brian Levine, 561/438-2895
blevine@officedepot.com
or
JKG Communications
Lauren Garvey, 561/989-9931 ext. 101
Lauren@jkggroup.com
SOURCE: Office Depot
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