Two Nasdaq firms open their hearts

By Our Markets Bureau | 15 Feb 2002

1
New York: Two Nasdaq Stock Market (www.nasdaq.com) listed companies — Ariba (www.ariba.com.) and Scholastic (www.scholastic.com) — have opened their hearts to New Yorkers with the spirit of giving for Valentine’s Day.

Employees and families of the California-based Ariba, who were instrumental in raising funds to purchase the fire truck, are in New York to present the New York City Fire Department with a new Seagrave Pumper fire truck for Squad 18. Clifford the Big Red Dog and employees of the New York-based Scholastic were also in Times Square to hand out special Clifford Valentine’s Day books.

Nasdaq vice-chairman David Weild said: "Nasdaq is proud to welcome Ariba and Scholastic to the MarketSite, as both companies demonstrate their goodwill to New Yorkers. Both are shining examples of how companies can positively touch the lives of others."

Weild was joined by Ariba president and CEO Robert Calderoni, New York City Fire Department chief of department Daniel Nigro and members of Squad 18 at the Nasdaq MarketSite to preside over Nasdaq’s opening ceremony. The new fire truck was parked outside of the MarketSite during the opening ceremony and its siren was blown at 9.30 am Eastern Time to mark the beginning of the trading day.

About Ariba
Ariba is the leading enterprise spend management solutions provider. Ariba solutions are designed to specifically address the needs of the chief financial officer and chief procurement officer. The Ariba spend management solution provides a single-point of visibility and control, allowing companies to engage, manage, and leverage the entire spend lifecycle from analysis, through sourcing, to procurement across the enterprise, while providing systematic measurement, tracking and reporting of best practices. Ariba can be contacted in the US at (650) 390-1000 or on the Internet.

About Scholastic
Scholastic is the world’s largest publisher and distributor of children’s books. As a global children’s publishing and media company, serving the needs of parents, teachers, and children, Scholastic provides proprietary book and software distribution through school book clubs, school book fairs and to classrooms, as well as through the retail trade. Since 1920, Scholastic has created quality educational materials for schools and has expanded its reach to include the distribution of books, software, toys, online learning services and television programming directly to the home.

Scholastic’s Grolier division is the leading print and online publisher of children’s reference materials and the leader in children’s direct-to-home book clubs. Internationally, Scholastic operates wholly-owned companies in Argentina, Australia, Canada, Hong Kong, India, Indonesia, Ireland, Malaysia, Mexico, New Zealand, the Philippines, Singapore, Taiwan, Thailand and the UK. The US Scholastic website is a leading provider of educational services online for parents, teachers and children.

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