TORONTO, March 14, 2011 /PRNewswire/ -- In response to last week's tragic earthquake and tsunami in Japan, Spin Master Ltd. has announced that it will be donating $100,000 to search and rescue initiatives for those who have been displaced. Spin Master's donation is being channelled through the Red Cross and Israel's Forum for International Humanitarian Aid, IsraAID. These two organizations are working around the clock to provide first aid, emotional support and relief items to those displaced and supporting the initiatives of the Japanese Red Cross.
"On behalf of the more than 1,000 employees of Spin Master we want to express how deeply saddened we are by the extensive damage and loss of life as result of last week's earthquake and tsunami," says Spin Master's co-CEO and Chairman Ronnen Harary. "We want to help in any way we can and hope our support will result in lives saved and families reunited."
"The Red Cross Movement is rapidly mobilizing to meet the urgent humanitarian needs following a devastating earthquake and tsunami in Japan," says Conrad Sauve secretary general and CEO of the Canadian Red Cross. "We are grateful to Spin Master for their generous support of Red Cross relief and recovery operations in affected communities."
In addition, Spin Master has opened an employee disaster relief fund, with its offices around the world participating, to help support the current search and rescue initiatives.
Spin Master Ltd.
A multi-category children's entertainment company since 1994, Spin Master has been designing, developing, and manufacturing and marketing consumer products for children around the world and is recognized as a global growth leader within the toy industry. Spin Master is best known for such popular brands as boy's action phenomena and 2010 Boys Toy of the Year winner Bakugan Battle Brawlers™, and award-winning brands Air Hogs®, Aquadoodle™, Tech Deck™, Moon Sand™, Liv™, and Zoobles™. The company has also marked an entry into children's media with the launch of Spin Master Entertainment, a subsidiary focusing on the design, development and production of television and other media properties. Spin Master employs over 1,000 people with offices in Toronto, Los Angeles, London, Paris, Hong Kong, Mexico, Munich, and central Europe. For additional information please visit: www.spinmaster.com.
SOURCE Spin Master Ltd.