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August 21, 2006 06:00:00 AM ET
America's Baby Cancer Foundation Announces Board Appointments
PR Newswire: Javeed Matin, CEO of Veltex Corporation Joins America's Baby Cancer Foundation's Board of Directors
HUNTINGTON BEACH, Calif., Aug. 21 /PRNewswire-FirstCall/ -- America's Baby Cancer Foundation announced today the appointment of Javeed Matin, Founder and CEO of Veltex Corporation (OTC: VLXC), to its Board of Directors.
Mr. Matin has been a generous contributor to America's Baby Cancer Foundation fundraising activities, supplying all of the hats and shirts given away as promotional items for ABCF's golf outings and other fundraising events.
"I am always happy to support such a good cause," said Mr. Matin. "America's Baby Cancer Foundation helps the families that have children who have been diagnosed with cancer. It is heartbreaking to see what the difficulties and monetary expense of cancer does to destroy family life, marriages, and the college hopes of the other children in the family. That is why America's Baby Cancer Foundation is so important."
It is with great pleasure that the Board of Directors of America's Baby Cancer Foundation welcomes Javeed Matin. The Foundation welcomes the commitment and enthusiasm exhibited by Mr. Matin and his staff at Veltex Apparel.
http://www.VeltexApparel.com
http://www/BabyCancer.comAbout Veltex Apparel
Veltex Corporation, a public Utah C-Corporation trading on the Pink Sheets under the symbol VLXC, has been in the process of expanding its United States business since September 2002. That expansion has included the creation of a highly professional technologically advanced distribution division under the name Veltex Apparel, which distributes Veltex-made apparel and textile accessories such as caps, aprons, bags, etc. to the promotional products industry. Veltex has also grown its business through the purchase of the subsidiary companies KCA Industries in 2004 and Explorer Cap in 2005.
Veltex Corporation is a vertical manufacturer, importer, licensor, and distributor of textiles, apparel and accessories, and is made up of four subsidiaries:
* Velvet Textile Mills (Bangladesh)
* Veltex Apparel (United States)
* KCA Garment Industries (Bangladesh)
* Veltex-Explorer (Canada)
The synergy between the four Veltex divisions gives the company the ability to offer extremely competitive prices to the contract ready-to-wear market and the promotional products market because there are no middlemen. Veltex produces the textiles, manufactures the apparel goods, and can truck the order to the customer eliminating at least two markups in the process.
Veltex Corporation is now rapidly expanding its international reach and is seeking further synergistic acquisitions to complement its aggressive global growth objectives.
About America's Baby Cancer Foundation.
America's Baby Cancer Foundation is a California Corporation, incorporated on December 1999 and registered with the IRS and the State of California as a 501(c)(3) Not-For-Profit Corporation on December 2000. Its Tax ID is # 95-4843437.
ABCF's Headquarters is located at 16351 -- D Gothard Street, Huntington Beach, CA 92647. Two new Chapters are forming in Delaware and Illinois.
The organization started as Sebastian's Baby Cancer Foundation founded by Antonia and Bernard Hicks in 1999 to commemorate the life of their son, Sebastian, who was born with a rare cancer of the neck and brain and died at the age of 19 months. During Sebastian's course of treatment, Bernard and Antonia realized the desperate need for research, aid and education for themselves, their son and for other families faced with baby cancer, so they created the Foundation with the mission:
* to raise awareness of baby cancer,
* to provide aid and education for families with children with cancer, and
* to help fund research for a cure.
Phillis Lane joined the organization as a co-founder in 2001 after losing her grandson Josh to rhabdomyosarcoma, a rare cancer of the soft muscle tissue, just before his 5th birthday.
In 2002, the organization's name was changed to America's Baby Cancer Foundation to better reflect the expanding geographic reach of the Foundation, and the growing network of families who share similar experiences and who have joined in the Foundation's work to build and support its vision and activities.
Since then, ABCF has been building support and connections with some of the leading experts in Pediatric Cancer as well as establishing strong relationships at Southern California's major children's hospitals:
* Miller Children's Hospital of Long Beach
* UCLA-Mattel Children's Hospital
* Kaiser Permanente of Bellflower
* Kaiser Permanente of Downey
* Fountain Valley Hospital
* UC Irvine University Children's Hospital
ABCF's fundraising proceeds go to fund medical and personal needs of the young cancer patients and their families, many of whom sacrifice everything to fight against this terrible disease. Foundation Directors and Volunteers work with needy families screened and referred to ABCF by hospital social workers. The Foundation's task is to work with these families, helping them keep their insurance payments and other expenses current, providing transportation and other such assistance as needed, and using our advocacy work as a venue for collecting information and resources for its extensive online library.
A $1000 donation will pay 25% of the financial needs for a family that has a child with Wilms Tumor.
A $1000 donation will pay insurance co-payments for a month for a 4-year-old who needs a second liver transplant.
$825 a month will pay medical insurance for a single mother who lost her job last February just after her child was diagnosed with multiple brain tumors.
$3000 will buy 5 children's beds for a family of 7 who were forced to move to less expensive living arrangements owing to the cost of maintaining three of their children in medical treatment for SCIDS.
$25,000 will pay for continued treatment for a child with leukemia, after his bone marrow Transplant.
© 2006 PRNewswire
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