FedEx Archives: 2002 Press Releases

( BW)(TN-FEDEX)(FDX) FedEx Expands Relationship With PGA TOUR; Becomes ``Official Shipping Company'' of the PGA TOUR and SENIOR PGA TOUR; Extends Title Sponsorship of FedEx St. Jude Classic

    "FedEx is completing its top-tier, strategic sports-marketing portfolio with its first-ever sponsorship with the PGA TOUR," said Brian Philips, FedEx vice president of marketing. "This new relationship provides FedEx with an outstanding business opportunity to expand shipping and supply-chain services to the PGA TOUR and its affiliates, and an optimal avenue to enhance the FedEx brand through greater visibility at these first-class sporting events."
    The TOUR tournaments, official designations and rights, other VIP golf benefits and hospitality opportunities enable FedEx to host customers and extend the FedEx brand in multiple key markets. FedEx will use its presence on the TOUR to reach potential customers, such as TOUR sponsors and suppliers, and highlight its shared brand attributes of reliability and precision through a strategic program featuring the tag line, "The Most Reliable Player in the Game."
    "The new FedEx relationship with the TOUR and its sponsorship renewal for the FedEx St. Jude Classic aligns two of the world's most prestigious brands," said Tom Wade, senior vice president and chief marketing officer for the PGA TOUR. "With a worldwide, rigorous schedule, the TOUR, its players and affiliates depend on the world-class reliable services of FedEx to conduct their business each week."

    FESJC Title Sponsorship

    Title sponsorship of the FedEx St. Jude Classic will extend through 2006. For 17 years FedEx has sponsored the tournament, which is under way this week at the Tournament Players Club at Southwind in Memphis. Since 1970, the event has raised more than $13 million for St. Jude Children's Research Hospital, one of the world's premier centers for research and treatment of catastrophic diseases in children, primarily pediatric cancers.

    About FedEx

    With annual revenues of $21 billion, FedEx Corp. is the premier global provider of transportation, e-commerce and supply-chain management services. The company offers integrated business solutions through a network of subsidiaries operating independently, including: FedEx Express, the world's largest express-transportation company; FedEx Ground, North America's second-largest provider of small-package ground delivery service; FedEx Freight, the largest U.S. provider of regional less-than-truckload freight services; FedEx Custom Critical, the world's largest provider of expedited time-critical shipments; and FedEx Trade Networks, a provider of customs clearance, international freight forwarding and trade facilitation.

    NOTE TO EDITORS: Press releases and additional information about FedEx Corp. and its operating companies can be found on the World Wide Web at http://www.fedex.com.

    About the PGA TOUR

    The PGA TOUR is a tax-exempt membership organization of professional golfers. Its primary purpose is to provide significant competitive earnings opportunities for past, current and future members of the PGA TOUR, SENIOR PGA TOUR and BUY.COM TOUR; to protect the integrity of the game; and to help grow the reach of the game in the U.S. and around the world.

    More than 125 events are being contested on the three tours in 2002, for approximately $260 million in prize money. In addition to providing competitive opportunities for its membership, TOUR events also generate significant sums of money for charity. TOUR events have raised nearly $650 million for charity since 1938, the first year such records were kept. The PGA TOUR's Web site address is www.pgatour.com.

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    CONTACT: FedEx Corp., Memphis
             Jim McCluskey, 901/434-7764
             jmmccluskey@fedex.com
             http://www.fedex.com

    KEYWORD: TENNESSEE
    INDUSTRY KEYWORD: TRANSPORTATION AIRLINES SPORTS E-COMMERCE
MEDICAL MARKETING AGREEMENTS
    SOURCE: FedEx Corp.