US Synthetic and Its Employees Donate Money and Time to Local Non-Profit Organizations

OREM, Utah, Nov. 14, 2012 /PRNewswire/ -- US Synthetic, a Dover Company (NYSE: DOV) and a leading provider of polycrystalline diamond cutters (PDCs) for the energy industry, today announced that the company and its employees donated $20,000 to the Utah Food Bank and provided more than 1,500 hours of service to the United Way Day of Caring. Individual US Synthetic employees raised more than $10,000. US Synthetic then added to those efforts to increase the total donation to $20,000.

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More than 800 employees participated in the company-sponsored month of service. During the month, employees held fundraising events, contests, bake sales, etc., to encourage fundraising prior to the holiday season. Employees also participated in numerous service projects including landscaping, painting, repairing and home cleaning for non-profit organizations throughout Utah County.

Ginette Bott, Chief Marketing Officer at the Utah Food Bank, said, "Utah Food Bank is so excited at this year's US Synthetic success. Previous years have provided much needed food, but this year's overwhelming contribution of cash will provide over 65,000 meals."

"US Synthetic brought more than 400 volunteers―the largest group of volunteers in the history of United Way's Day of Caring," said Bill Hulterstrom, president and CEO at United Way of Utah County. "This speaks volumes to the type of commitment and leadership that US Synthetic has in advancing the common good of our community."

Every year, multiple times a year, US Synthetic comes together as a company to raise money and donate service in the community. This unique culture of service is one of the ways US Synthetic works on its over-arching goal of improving lives.

"We are so proud of our employees and the hard work they do and the concern they have for each other and those within our community," said Rob Galloway, CEO at US Synthetic. "Our goal of improving lives is a key component to the success of our company. We're not only focused on improving the lives of our employees and our customers, but we're also dedicated to improving the lives of those in need within our community. We hope other Utah companies will accept the challenge to donate to the Utah Food Bank, the United Way, and other charitable organizations this holiday season."

US Synthetic and its employees will present the Utah Food Bank with a check at its monthly meeting at the US Synthetic campus in Orem, UT on Wednesday, November 14, 2012.

About US Synthetic

US Synthetic, a Dover Company (NYSE: DOV), is the leading provider of polycrystalline diamond cutters (PDCs) and diamond bearing technology for the energy industry and oil and gas exploration. Thanks to constant innovation, proven quality, and superior customer service, more of the world's energy suppliers rely on US Synthetic than any other PDC manufacturer. US Synthetic has spent more than a decade perfecting its products to last longer—especially in tough conditions that test the limits of the most durable energy exploration and drilling equipment. For more information about US Synthetic, visit www.ussynthetic.com.

SOURCE US Synthetic