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Sec. Rice To Present Corporate Excellence Awards


Notice to the Press (Revised)
Office of the Spokesman
Washington, DC
November 2, 2007

Secretary of State Condoleezza Rice to Present 2007 Awards for Corporate Excellence

Secretary of State Condoleezza Rice will announce and present the 2007 Awards for Corporate Excellence (ACE) on Tuesday, November 6, 2007, at 9:30 a.m. in the Benjamin Franklin Room of the U.S. Department of State.

The Secretary of State has awarded the ACE since 1999 in recognition of the vital role that U.S. businesses play worldwide to advance good corporate governance and democratic principles and to highlight the Department's commitment to promote exemplary business practices globally.

The two 2007 ACE winners were selected from among the following 9 finalists: CalEnergy in the Philippines, Citi in Indonesia, Coca-Cola in China, General Electric in Indonesia, General Motors in South Africa, Merck in Nicaragua, Microsoft in Vietnam, Ruralfone in Brazil, and Transnational Automotive Group in Cameroon.

After the presentation of the awards by the Secretary, Under Secretary for Management; Acting Administrator of USAID; and Acting Director of U.S. Foreign Assistance, Henrietta H. Fore, will lead the interactive portion of the ACE ceremony via satellite with U.S. Ambassadors and local company executives at the U.S. Embassies which submitted winning nominations.

2007/960
Released on November 2, 2007

ENDS

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