2008-08-06 17:18:02 -
www.officedepot.com - Office Depot, Delray Beach Melissa Perlman, 561-438-0704 Melissa.Perlman@officedepot.com or Stanton Crenshaw Tara Monahan, 646-502-3574 TMonahan@stantoncrenshaw.com Office Depot(R) (NYSE:ODP), a leading global provider of office products and services, today announced the launch of the office products industry's first exclusive brand of Compact Fluorescent Lightbulbs (CFLs) in Office Depot retail stores nationwide
and online at www.officedepot.com/buygreen. The new CFLs are part of the environmentally preferable "Office Depot Green" product line which was first introduced on Earth Day. According to the U.S. Environmental Protection Agency (EPA), CFLs use about 75 percent less energy and last up to 10 times longer than standard incandescent bulbs. CFLs are, in fact, one of the most economically and environmentally beneficial products customers can buy.
"Compact Fluorescent Lights represent a tremendous opportunity for Office Depot to serve our increasingly environmentally aware customer base," said Richard Diamond, Vice President of Merchandising for Office Depot. "With the launch of Office Depot Green CFLs, we are once again leading the office products industry by helping customers create greener offices and save money in the process."
"By launching an exclusive line of CFLs and joining the EPA's ENERGY STAR Program for Retail, Office Depot is committing to further promoting the use of energy efficient products," said Yalmaz Siddiqui, Director of Environmental Strategy for Office Depot.
Office Depot offers a wide variety of innovative, energy efficient products including:
-- HP Pavilion Notebook Computer with AMD Turion(TM) 64 X2 Dual-Core Mobile Technology TL-60: This Energy Star 4.0 Compliant laptop will help reduce both energy costs and greenhouse gas emissions. Additionally, it features 3GB DDR2 memory, a 160GB hard drive, integrated wireless LAN with Bluetooth Technology and reads and writes dual layer DVDs & CDS.
-- HP Officejet Pro L7590 All-in-One: Energy Star 4.0 Qualified, which makes this printer over 25 percent more energy efficient, the Officejet Pro can run cooler and longer than conventional models. As an all-in-one, this machine allows users to print, fax and scan with one machine. Additionally, this printer can help reduce paper usage as much as 50 percent with duplex printing capabilities.
-- APC(TM) 7-Outlet Energy-Saving Surge Protector: This innovative product conserves energy (and electricity costs) by automatically cutting power to idle equipment and technology peripherals when the main computer is not in use.
-- Voltaic Solar Charging Bag: Available as a backpack or messenger bag, this innovative business case allows travelers to leave their chargers at home and instead use renewable solar power to charge mobile electronics, including cell phones, blackberry, mp3 players or digital cameras. Not only will the Voltaic bag take you off of the electricity grid, it also serves as a great conversation starter!
"Office Depot has offered energy-efficient technology products for years," noted John Lostroscio, Vice President of Merchandising for Office Depot. "By adding to our assortment of ENERGY STAR compliant products and highlighting them in more of our marketing vehicles, we are helping our customers take care of business and the planet by reducing electricity and operating costs."
To learn more about Office Depot Green and the Company's assortment of greener options, please visit your local Office Depot store or www.officedepot.com/yourgreeneroffice.
About Office Depot's Environmental Commitment
Office Depot's longstanding commitment to the environment is guided by the Company's environmental vision to increasingly buy green, be green and sell green. Since 2003, Office Depot has developed and implemented a number of "green" initiatives, including:
-- Creating The Green Book catalog of thousands of environmentally-friendly products and educational content for Office Depot's small, medium and large business customers;
-- Establishing a $2.2 million Forest & Biodiversity Conservation Alliance through which Office Depot partnered with Conservation International, NatureServe and The Nature Conservancy to resolve real issues in the forestry sector to guide our sustainable efforts;
-- Developing a Paper Purchasing Policy through which we became the first office supply company to make Forest Stewardship Council certified paper widely available in the U.S.;
-- Reducing the Company's overall Carbon Dioxide emissions output from 2005 - 2006 by 10.1 percent;
-- Retrofitting the lighting in the Company's North American retail store chain to T5 high-output fluorescent lighting, which is 35 percent more efficient than traditional, incandescent lighting;
-- Replacing our fleet of "box trucks" to ultra-low-emission "Sprinter" vehicles, which are on average 40 percent more fuel-efficient than their predecessors and get an estimated 15 or more miles per gallon; and
-- Opening of the Company's first "Green" store in June 2008, which will be Leadership in Energy and Environmental Design (LEED) Certified by the U.S. Green Building Council. Volume pre-certification from the USGBC on the Company's store prototype.
A complete overview of Office Depot's environmental programs is available here.
About Office Depot
Every day, Office Depot is Taking Care of Business for millions of customers around the globe. For the local corner store as well as Fortune 500 companies, Office Depot provides products and services to its customers through 1,680 worldwide retail stores, a dedicated sales force, top-rated catalogs and a $5.0 billion e-commerce operation. Office Depot has annual sales of approximately $15.4 billion, and employs about 49,000 associates around the world. The Company provides more office products and services to more customers in more countries than any other company, and currently sells to customers directly or through affiliates in 44 countries.
Office Depot's common stock is listed on the New York Stock Exchange under the symbol ODP and is included in the S&P 500 Index. Additional press information can be found at:
mediarelations.officedepot.com. Media materials specific to Office Depot's environmental initiatives are available at
mediarelations.officedepot.cc/environment.
Global Retailer Expands Office Depot Green Brand and Commits to
Helping Customers Save Money by Reducing Energy
