Cannon Technologies, Inc. announced its plan to raise $100,000 for the Hurricane Katrina relief efforts. The management and company will provide an initial donation of $50,000 and will match on a two-for-one basis any contribution by an employee, customer, supplier or friend of Cannon Technologies, until the total goal of $100,000 is achieved. All proceeds raised will be donated to the DEMCO Foundation, a non-profit charitable organization and subsidiary of Dixie Electric Membership Corporation (DEMCO), which has set up a special account and will ensure that 100% of donations earmarked for the Disaster Relief Fund will go directly to Hurricane Katrina disaster relief efforts. The DEMCO Foundation is a 501(c)(3)—therefore, donations are tax deductible. The DEMCO Foundation asked that checks be made payable to DEMCO Disaster Relief Fund and sent c/o DEMCO Foundation, PO Box 15659, Baton Rouge, LA 70895.
"The population of the Baton Rouge area has more than doubled in the past few weeks, as the local people have opened their hearts and homes to strangers, relatives and friends who have left the devastation in the gulf and New Orleans area. Many in the area have suffered and our employees wanted to do their part to try to make a difference. The DEMCO Foundation has a strong record in making the most of charitable funds and thus our employees felt this to be a very worthy cause,” said Ed Cannon, chief executive officer. “It was not that long ago when the rest of the country assisted our customers in St. Peter, Ada, Austin, Fargo, East Grand Forks, Grand Forks and other communities when they were hit hard by tornados and floods. These Cities are now vibrant and strong once again. So, it is our turn to return the support.”
Privately held Cannon Technologies, Inc. was founded in 1987 to deliver load management and automated distribution solutions to electric utilities. Cannon Technologies is headquartered in Minneapolis, Minnesota.