Samsung and Staples Come Together to Support Arnold Palmer Hospital for Children and Boys & Girls Clubs of America

Staples Named the Official Office Product Retailer of Samsung’s Four Season of Hope

RIDGEFIELD PARK, N.J.--(BUSINESS WIRE)--Samsung’s Four Seasons of Hope, an innovative philanthropy program that combines the forces of major national retailers with sports, music, and civic personalities, today announced the launch of a cause marketing program with Staples, Inc., to benefit Arnold Palmer Hospital for Children and Boys & Girls Clubs of America. Together with Arnold Palmer, Samsung’s Four Seasons of Hope and Staples will raise funds to support programs that provide much-needed support for disadvantaged youth.

“Staples is working with Samsung’s Four Seasons of Hope and Arnold Palmer to raise money and awareness for two important causes that create positive change in the community”

Now through Oct. 31, Staples and Samsung will donate five dollars, up to $50,000, from all Samsung printers sold at Staples stores nationwide and at Staples.com to the Arnold Palmer Hospital for Children and Boys & Girls Clubs of America. In addition, throughout the month of October, customers can support both organizations by donating $2 at check out when shopping at Staples stores.

“Mr. Palmer’s dedication to children and commitment to their success is truly admirable,” said D.J. Oh, president and CEO, Samsung Electronics America, Inc. “We are very excited to unite with Staples to support Mr. Palmer and his charitable work that is making a positive impact in the lives of the nation’s youth.”

“Staples is working with Samsung’s Four Seasons of Hope and Arnold Palmer to raise money and awareness for two important causes that create positive change in the community,” said Peter Scala, senior vice president of Staples technology merchandise. “This program will enable our customers to ensure youth served by Arnold Palmer Hospital for Children and Boys & Girls Clubs of America receive the support needed to succeed.”

The Arnold Palmer Hospital for Children has been serving the healthcare needs of children for nearly two decades. The most advanced technology, coupled with compassion and dedication have made Arnold Palmer Hospital for Children one of the most trusted names in children’s healthcare worldwide. Boys & Girls Clubs of America is a national non-profit focused on making a positive difference in the lives of youth around the country.

At the conclusion of the promotion, Samsung and Staples will host a celebration event with Arnold Palmer at his Bay Hill Club & Lodge in Orlando where both charities will be presented with the donated funds. Youth from the Arnold Palmer Hospital for Children and Boys & Girls Clubs of Orlando will also have the opportunity to receive golf tips and putt alongside Mr. Palmer.

Arnold Palmer’s charities have been a major benefactor of Samsung’s Four Seasons of Hope. Since its inception in 2002, the program has raised more than $12 million to benefit children, families, and communities in need. For more information on the Arnold Palmer Hospital for Children and Samsung’s Four Seasons of Hope, please visit www.arnoldpalmerhospital.org and www.fourseasonsofhope.com.

About Samsung Electronics America, Inc.

Samsung Electronics America, Inc. (SEA), based in Ridgefield Park, NJ, is a subsidiary of Samsung Electronics Co., Ltd. The company markets a broad range of award-winning consumer electronics, information systems, and home appliance products, as well as oversees all of Samsung’s North American operations including Samsung Telecommunications America, LP, Samsung Semiconductor Inc., Samsung Electronics Canada, Inc. and Samsung Electronics Mexico, Inc. As a result of its commitment to innovation and unique design, the company was ranked #6 in the Electronics Industry segment in Fortune Magazine’s “Most Admired Companies 2008,” and named as one of Fast Company’s “Fast 50 Most Innovative Companies of 2008.” Among popular BusinessWeek rankings, the company ranked #26 in the publication’s “Most Innovative Companies of 2008” and #21 in the “100 Best Global Brands” for 2007. Samsung Electronics Co, Ltd. is also a top patent holder, ranking second overall in the U.S. in 2007. Please visit www.samsung.com for more information.

About Staples

Staples, the world's largest office products company, is committed to making it easy for customers to buy a wide range of office products, including supplies, technology, furniture, and business services. With $27 billion in sales, Staples serves businesses of all sizes and consumers in 27 countries throughout North and South America, Europe, Asia and Australia. In July 2008, Staples acquired Corporate Express, one of the world's leading suppliers of office products to businesses and institutions. Staples invented the office superstore concept in 1986 and is headquartered outside Boston. More information about Staples (Nasdaq: SPLS) is available at www.staples.com.