Comcast Named One of America's Top 50 Corporations for Multicultural Business Opportunities
Comcast Corporation (Nasdaq: CMCSA, CMCSK) was named one of America's Top 50 corporations for multicultural business opportunities in 2004 by DiversityBusiness.com, the largest organization of women and minority-owned businesses throughout the United States with more than 27,000 members.
Also known as the Div50, the honor recognizes the top 50 corporate buyers of diversity products and services throughout the country. Over 350,000 women and minority-owned businesses (Blacks, Hispanics, Asians, Native Indian and other minority groups) had the opportunity to vote in the 2004 online election based on such factors as the volume, consistency and quality of business opportunities granted to women and minority-owned companies. In Comcast's first year on the list, it is ranked number 37 out of the 50 corporations recognized.
"It is an honor to be recognized for our commitment to diversity by the people with whom we conduct business on an on-going basis," said Comcast Executive Vice President David L. Cohen. "We are proud to be recognized for both the quantity and the quality of business that we award to our diverse suppliers. We believe strongly in providing equal opportunity to qualified suppliers and work to facilitate non-discriminatory business opportunities with diverse businesses."
Comcast's supplier diversity program includes a nationwide training program, which educates diverse suppliers on how to establish a business relationship with Comcast. In addition, the company encourages larger suppliers to either partner with a vendor of diversity or to spend with vendors of diversity themselves. Comcast also facilitates partnerships between vendors when a relationship may be beneficial for all parties involved.
For more information about the Div50, or for a complete list of winners, visit www.div2000.com/div50.
About Comcast Corporation
Comcast Corporation (http://www.comcast.com) is principally involved in the development, management and operation of broadband cable networks and in the provision of programming content. The Company is the largest provider of cable and broadband services in the United States, serving more than 21 million cable television subscribers and more than 6.5 million high-speed Internet customers. The Company's content businesses include Comcast SportsNet, Comcast-Spectacor, E! Entertainment Television, Style Network, G4techTV, The Golf Channel, International Channel Networks and Outdoor Life Network. Comcast Class A common stock and Class A Special common stock trade on The NASDAQ Stock Market under the symbols CMCSA and CMCSK, respectively.
Launched in 1999, DiversityBusiness.com with over 27,000 members is the largest organization of diversity-owned businesses throughout the United States that provide goods and services to Fortune 1000 companies, government agencies and colleges and universities. The site has gained national recognition and has won numerous awards for its content and design. It is a membership-based exchange platform that facilitates contacts and communication, streamlines business processes and provides vital business news and information. DiversityBusiness.com is produced by Computer Consulting Associates International Inc. (CCAii.com) of Southport, CT. Founded in 1980, CCAii has garnered many awards by entities such as the Small Business Administration, Ernst & Young and Black Enterprise Magazine.