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Volkswagen Signs Major Sponsorship Deal With Washington Wizards and Verizon Center
 
New sponsorship deal includes presenting sponsorship of the Verizon Center and the official automobile sponsor of the Washington Wizards

HERNDON, Va., Oct. 28 /PRNewswire/ -- Volkswagen of America, Inc. announced today a three-year sponsorship deal as the presenting automotive sponsor of the Verizon Center, the Washington D.C. home of the Washington Wizards, Capitals, Mystics and the Georgetown Hoyas. Also announced, Volkswagen will be the official automotive sponsor of the Washington Wizards.

"This is another great opportunity for Volkswagen of America to support the community in which we live and work," said Tim Ellis, vice president marketing, Volkswagen of America, Inc. "The Verizon Center is a great sport and concert arena and Volkswagen is excited about this opportunity to expose our brand to a whole new group of consumers."

As the exclusive automobile partner for Verizon Center and the Washington Wizards, Volkswagen will become the presenting sponsor of the upper concourse at the Verizon Center. Volkswagen will also place six automobiles between the main and upper concourses. Signage will also be given on the LED fascia boards and high-definition scoreboard at Verizon Center, as well as in-game promotional opportunities, courtside signage, a suite section of The Player's Club, and advertising opportunities on the building's outdoor video marquee. Presence on both the Verizon Center and the Washington Wizards websites will also be given.

"We're very excited and proud to partner with one of the world's great business brands, Volkswagen," said Chairman of the Washington Wizards and Verizon Center, Abe Pollin. "We're proud that Volkswagen and its CEO Stefan Jacoby and Marketing Vice President Tim Ellis have recognized that this partnership will be a winning situation for both companies. We welcome Volkswagen to the Verizon Center family."

Verizon Center is a 20,000 seat multi-purpose venue consistently ranked in the top 10 among venues nationwide, and ranked in the top 20 worldwide, by leading trade publications Pollstar, Billboard and Venues Today. Pollstar nominated Verizon Center for arena of the year in 2007 alongside seven other top performing venues, including Madison Square Garden, Air Canada Centre and the Staples Center. The venue is home to over 220 events per year ranging from professional basketball and hockey to concerts to family shows to world-class tournaments. Within the past year, the arena has surpassed the 25 million mark in attendance, celebrated its tenth anniversary in sparking revitalization to the tune of $6.2 billion in the surrounding neighborhood and installed the first true indoor high-definition scoreboard for an arena in the country. Verizon Center is located in the downtown Chinatown neighborhood of the nation's capital.

About Volkswagen of America, Inc.

Volkswagen of America, Inc. recently announced Electronic Stability Program (ESP) as standard equipment on all its 2009 vehicles. As a result, Volkswagen is one of the only original equipment manufacturers to offer an electronic stability control system on their entire product line - ahead of the National Highway Traffic Safety Administration's (NHTSA) deadline requiring vehicles in the 2012 model year to include stability control systems. Volkswagen's ESP technology works in conjunction with anti-lock brakes and helps reduce loss of control.

Founded in 1955, Volkswagen Group of America is headquartered in Herndon, Va. It is a subsidiary of Volkswagen AG, headquartered in Wolfsburg, Germany. Volkswagen is one of the world's largest producers of passenger cars and Europe's largest automaker. Volkswagen sells the Rabbit, New Beetle, New Beetle convertible, GTI, Jetta, Jetta SportWagen, GLI, Passat, Passat Wagon, CC, Eos, Routan, Tiguan and Touareg through approximately 600 independent U.S. dealers. Visit Volkswagen of America online at vw.com.


SOURCE Volkswagen of America, Inc.