Peer Lauritsen

The Oticon Foundation will donate 250,000 kroners (approximately $50,000) to support relief services for victims of the earthquake that devastated Haiti on January 12. The funding will help bring needed services and supplies to survivors of the disaster that killed 200,000 and left an estimated 1 million people homeless.

“We are pleased that we are able to add our support to the relief efforts now under way in Haiti,” said Peer Lauritsen, president of Oticon. “This is truly a situation in which a commitment to People First is evidenced by many—from international rescue organizations to individual volunteers who are working together to put the needs of the people of Haiti first.”

Contributions by employees at Oticon Inc's Somerset, NJ headquarters and offices across the country will also support the Haitian relief efforts.

The Foundation sponsors social and educational programs, publications, conferences, cultural activities and campaigns for researchers, hearing care professionals, and the general public.

Income for the Foundation is derived through its ownership of the majority of shares in the Oticon Co.

[Source: Oticon]