FOR IMMEDIATE RELEASE
Jody L. Miller
Ellen Zoe Golden
JLM PR, Inc.
ST. LOUIS HIP-HOP SUMMIT ON FINANCIAL EMPOWERMENT SET FOR AUGUST 20, 2005
NELLY, RUSSELL SIMMONS, CHINGY, J-KWON, PAUL WALL, TONY AUSTIN AND DR. BEN CHAVIS TO HEADLINE
NEW YORK, N.Y. AUGUST 4, 2005 The Hip-Hop Summit Action Network¹s 2005 Financial Empowerment National Tour is set to roll into St Louis on Saturday, August 20, 2005 at the America¹s Center. Doors open at 11am and tickets are available by going onto www.hsan.org or via KATZ 100.3 The Beat, as well as the St. Louis Urban League and the NAACP.
The St. Louis Hip-Hop Summit on Financial Empowerment will be the fifth Summit of the tour, and is part of an unprecedented national campaign to raise awareness among millions of young adults 18-35 about the importance of financial literacy. For the first time, one of the world¹s leading financial institutions, Chrysler Financial, has partnered with the Hip-Hop Summit Action Network (HSAN), the nation¹s largest non-profit hip-hop organization, to help young people build a solid financial future. Russell Simmons, Chairman of HSAN and William F. Jones, Jr., Vice President of Chrysler Financial have pledged to work together to coordinate this national campaign under the theme ³Get Your Money Right.²
The program agenda of the St. Louis Hip-Hop Summit on Financial Empowerment will include a focus on financial literacy, basic banking, repairing and understanding credit scores, asset and wealth management, auto financing,
home ownership and entrepreneurship.
The title sponsor of the Hip-Hop Summit on Financial Empowerment Tour is Chrysler Financial. The presenting sponsor is Anheuser-Busch, Inc. The St.Louis media partner is KATZ 100.3 The Beat.
³This will be the second Summit in St. Louis hosted by Nelly,² emphasized Simmons. ³His leadership and dedication in helping to rid society of poverty and ignorance have been outstanding. We look forward to celebrating hip-hop
in St. Louis, as well as giving invaluable information on how to (“get your money right!”)
³The Hip Hop Summit Action Network, with its pulse on youth culture, andaccess to millions of young people, is the right partner in our quest to help the next generation of Americans make smart decisions with their
finances,² said William F. Jones, Jr., Vice President-Chrysler Financial.
Johnny Furr, vice president, Urban Marketing and Community Affairs for Anheuser-Busch, Inc., said that ³more than ever it is important that our youth realize that you can¹t achieve financial goals tomorrow that you don¹t
begin planning for today.² Furr said that the value of the Summits is that they ³provide participants with information about key financial issues and opportunities that many haven¹t begun to think about, but should, in order
to create and leave wealth that sustains families and communities.²
³St. Louis is in the heartland of America, and has become a powerhouse in producing some of the world¹s greatest hip-hop artists,² stated Dr. Benjamin Chavis, President/CEO of HSAN. ³There is a hunger and a thirst for financial
empowerment, and the St. Louis Hip-Hop Summit will enhance the opportunities of young people to fulfill their dreams and aspirations.²
About DaimlerChrysler Services North America LLC
The company provides brand-specific financing for automotive dealers¹ inventories and their retail consumers and does business as Mercedes-Benz Credit and Chrysler Financial. As DaimlerChrysler Services Truck Finance it
also finances commercial vehicles for affiliate products such as Freightliner, Sterling and Western Star. The company serves as the headquarters for operations in the United States, Canada, Mexico, South
America and Puerto Rico and has more than 5,800 employees who manage a portfolio of more than $95 billion with nearly five million contracts.DaimlerChrysler Services North America is a member of the DaimlerChrysler
Financial Services group of companies. This group is headquartered in Berlin, Germany, and operates in 39 countries with an employee base exceeding 10,800 and a global portfolio of approximately $139 billion. DaimlerChrysler Financial Services group is one of the leading financial services entities worldwide. For more information on DaimlerChrysler Services in the Americas visit www.daimlerchryslerservices.com/na.
Based in St. Louis, Anheuser-Busch Cos., Inc. is the leading American brewer holding 50 percent of the U.S. beer market. The company is American-owned and brews the world¹s largest-selling beers, Budweiser and Bud Light Anheuser-Busch ranked first in the U.S. beverage industry in Fortune magazine¹s 2005 ³America¹s Most Admired Companies² and in the top 30 on Fortune¹s 2005 ³Global Most Admired Companies² list. The company is one of the largest theme park operators in the United States, is a major manufacturer of aluminum cans and is the world¹s largest recycler of aluminum beverage containers. For more information, visit www.anheuser-busch.com or www.africanamericanbud.com.
About Hip-Hop Summit Action Network
HSAN is a non-profit, non-partisan national coalition of artists, entertainment industry leaders, education advocates, civil rights proponents and youth leaders united in the belief that the “hip-hop” phenomena is an enormously influential agent for positive social change which must be responsibly and pro-actively utilized to fight the war on poverty and injustice. For more information on the Hip-Hop Summit Action Network, go to www.hsan.org.