Washington, DC and Murray Hill, NJ, June 9, 2008 — Alcatel-Lucent (Euronext Paris and NYSE: ALU) is one of 10 companies being honored by the National Veteran-Owned Business Association (NaVOBA) the VA’s Center for Veterans Enterprise (CVE) doing the most for suppliers of “military” descent.
Alcatel-Lucent will be recognized during the second annual Veteran-Owned Business Accountability Summit (VOBA Summit) to be held at the Renaissance Washington, DC hotel on Thursday, June 12. The VOBA Summit is a public/private initiative of two of the chief advocate organizations for veterans in business.
“CVE has long been the U.S. federal government’s chief advocate for veteran business owners and NaVOBA has been instrumental in helping propel the veteran business movement into corporate America,” said Scott Denniston, director of the CVE. “It’s encouraging to see companies such as Alcatel-Lucent voluntarily adding veterans to supplier diversity policies and helping accelerate the veteran business movement nationally.”
“The companies on our list have realized that buying from veteran-owned businesses gives them a competitive advantage; that it just makes good business sense. Through their military experience, veterans are taught teamwork and commitment and to deliver on time,” said Chris Hale, President of NaVOBA. “Those are valuable qualities when a company is looking for a supplier.”
Alcatel-Lucent joins Applera, Booz Allen Hamilton, CH2M Hill, Comcast, DynCorp International, Novartis Pharmaceuticals, SAIC, UPS and Xerox in receiving the 2008 recognition. Criteria for making the list included veteran supplier diversity program specifics, assets allocated to veteran outreach and overall results in usage of veteran suppliers.
“We are honored to be recognized by NaVOBA and CVE for our efforts to support veteran suppliers, said Nick DeTura, senior vice president of supply, logistics and procurement for Alcatel-Lucent’s North America business. “Our diverse suppliers bring a new creativity, lower operating costs, favorable solutions and they are often quicker to respond to change than larger suppliers.”
NaVOBA unites current and future veteran-owned businesses by acting as the national voice for the veteran business movement. There are currently three million veteran-owned businesses in the United States. NaVOBA works to convince corporate America and the government to consider using veteran-owned businesses as preferred vendors. For more information, visit www.navoba.com.
The mission of the CVE is to improve the business climate for veterans, to minimize access barriers and to inform the public about the benefits of working with veteran-owned small businesses. For more information, visit www.vetbiz.gov.
Alcatel-Lucent (Euronext Paris and NYSE: ALU) provides solutions that enable service providers, enterprise and governments worldwide, to deliver voice, data and video communication services to end-users. As a leader in fixed, mobile and converged broadband networking, IP technologies, applications and services, Alcatel-Lucent offers the end-to-end solutions that enable compelling communications services for people at home, at work and on the move. With operations in more than 130 countries, Alcatel-Lucent is a local partner with global reach. The company has the most experienced global services team in the industry, and one of the largest research, technology and innovation organizations in the telecommunications industry. Alcatel-Lucent achieved revenues of Euro 17.8 billion in 2007 and is incorporated in France, with executive offices located in Paris. For more information, visit Alcatel-Lucent on the Internet: http://www.alcatel-lucent.com
Contact the Alcatel-Lucent Press Office: pres[email protected]