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ADVISORY/Silicon Valley Community Runs to Build Affordable Housing.


News/Assignment Editors

ADVISORY...for Saturday Saturday: see week; Sabbath.  (Oct. 26)

--(BUSINESS WIRE)

Stanford Chapter of Habitat for Humanity Habitat for Humanity, nonprofit ecumenical Christian organization that enables low-income people to own affordable, livable housing. Headquartered in Americus, Ga., it was founded in 1976 by businessman Millard Fuller and his wife.  and Silicon Light Machines

Host 11th Annual Home Run Charity Event


WHAT:           Silicon Light Machines is sponsoring the 11th Annual
                Home Run charity event organized by the Stanford
                Chapter of Habitat for Humanity. Nearly 1,000 Silicon
                Valley running enthusiasts will participate in 5K and
                10K runs and a 5K walk to support the construction of
                affordable housing on the Peninsula. In addition to
                its sponsorship, Silicon Light Machines will match the
                donation of any Silicon Valley technology company's
                team that beats its team of runners. Proceeds of the
                race will benefit the Peninsula and Silicon Valley
                chapters of Habitat for Humanity and Global Partners
                for Development.

WHEN:           Saturday, October 26
                5K Race Starts: 9:00 a.m.
                10K Race Starts: 9:30 a.m.
                Awards Ceremony: 11:00 a.m.

WHERE:          Stanford Stadium (in-field) - Palo Alto, California

INTERVIEW
OPPORTUNITIES: (In addition to race participants)

                Silicon Light Machines Representative:

            --  Tom Werner, CEO -- Discusses Silicon Light Machines'
                involvement with Habitat for Humanity and the
                company's continued philanthropic efforts despite the
                weak economy.

                Habitat for Humanity Representatives:

            --  Stanford Chapter: Srinivas Panguluri, Co-President --
                Provides information about the organization's mission
                and how the race benefits Bay Area families in need.

            --  Silicon Valley Chapter: Dave Ahn -- Long-time race
                participant and organizer provides a general overview
                of race, as well as its affect on Habitat projects
                throughout the Bay Area.

BACKGROUND:

            --  The Home Run event has raised more than $120,000 since
                it was started in 1983.

            --  This is the second year that Silicon Light Machines
                has sponsored the race, covering all organizational
                costs so that every dollar raised goes directly to the
                charities.

            --  The Association of Bay Area Governments projects that
                16,305 additional housing units will be needed by
                2006, 4,781 of which are need for low and very low
                income residents.

            --  Peninsula Habitat has completed the first of its
                five-year plan to build 200 affordable, ownership
                units by 2006.
COPYRIGHT 2002 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Oct 23, 2002
Words:333
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