[Congressional Record Volume 148, Number 111 (Thursday, September 5, 2002)]
[Extensions of Remarks]
[Page E1516]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                HONORING STORAGETEK, COMPANY OF THE YEAR

                                 ______
                                 

                           HON. BOB SCHAFFER

                              of colorado

                    in the house of representatives

                      Thursday, September 5, 2002

  Mr. SCHAFFER. Mr. Speaker, I rise today to honor StorageTek, a 
Colorado technology firm recently named as the ``Company of the Year'' 
by ColoradoBiz Magazine.
  StorageTek is headquartered in Louisville, Colorado, with more than 
7,800 employees in fifty countries worldwide. Founded in 1969, this 
company specializes in a broad range of digital storage and data 
security equipment. Their customers include industry leaders and 
government agencies such as the Department of Defense, Central 
Intelligence Agency, and the Congress.
  ColoradoBiz Magazine bestowed its award for StorageTek's success in 
business, marketing innovation, operational efficiency, and community 
responsibility. For instance, the company astonishingly improved 
customer order processing time by twenty-five percent, while reducing 
facility space by fifty percent and inventory on hand by $100 million. 
StorageTek's business model improved efficiency and customer service.
  Moreover, StorageTek's leadership within the community also warranted 
this recognition. Since its founding in 1991, the StorageTek Foundation 
has donated more than nine million dollars to charitable causes with 
emphasis on education, health, human services, and art. The Foundation 
also encourages and rewards employee volunteers through the Volunteers 
in Partnership with the Community (VIP.COM), which rewards 
organizations designated by employees with a monetary gift when 
employees volunteer for 100 hours or more.
  Mr. Speaker, I congratulate StorageTek for receiving ``Company of the 
Year'' award, and commend them for being a role model in business and 
in the community.

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