NaVOBA Honors 10 Best Corporations for Veteran-Owned Businesses

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Tue May 19, 2009 9:00am EDT

PITTSBURGH, May 19 /PRNewswire/ -- The National Veteran-Owned Business
Association (NaVOBA) announced today its 10 Best Corporations for
Veteran-Owned Businesses for 2009. 

The list of honorees was published in a story gracing the cover of the June
issue of NaVOBA's Vetrepreneur magazine and includes some perennial performers
like Booz Allen Hamilton, DynCorp International and AT&T, along with one
notable newcomer: Deere & Company. The honored companies also include Sprint
Nextel, Alcatel-Lucent, Comcast Corporation, Novartis Pharmaceuticals
Corporation, Volvo Trucks North America/Mack Trucks Inc., and UPS. 

The list honors the large corporations that do the most to reach and use the
nation's three million veteran-owned businesses in their supply chains.  

"NaVOBA has been very successful in making sure corporate America understands
that doing business with veteran-owned businesses isn't about doing something
good for those who've served this country," said Chris Hale, NaVOBA president.
"We ensure that these companies understand that doing business with VOBs makes
good business sense. Military training -- which engrains troops with such
qualities as leadership, teamwork, accountability, ambition and a tireless
work ethic -- serves as the best business training in the world. 
Veteran-owned businesses are well run; and large corporations that use them as
suppliers benefit as a result."

The notion that military training is world-class preparation for running a
business is backed up by the fact that one out of every seven veterans in the
U.S. owns a business, according to Census data.  Only one out of every 14
non-veterans owns a business.

Randall L. Stephenson, chairman and chief executive officer for AT&T, echoed
this sentiment. "With their military backgrounds, veterans bring valuable
insight to our supply chain, and we benefit greatly from their expertise in
logistics and operations. Working with veteran-owned businesses not only helps
our bottom line but also helps us deliver the best products and services to
our customers," Stephenson said.

"It is such an honor to be named to NaVOBA's 10 Best Corporations for
Veteran-Owned Businesses," said Gene Agee, vice president of Supply Chain
Management for Sprint Nextel. "At Sprint, we recognize the unique value that
veterans bring to our company. Veteran-owned businesses bring creativity,
professionalism and a pragmatic approach to Sprint, which helps us to provide
solutions that attract and retain our customers."

www.navoba.com/top10

SOURCE  National Veteran-Owned Business Association

Matthew Pavelek of National Veteran-Owned Business Association,
+1-412-269-1663 ext. 145, matthew.pavelek@navoba.com
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