Bobcats Renew Founding Level Partnership

Bobcats Renew Founding Level Partnership
Wachovia, a Wells Fargo Company, Becomes Official Community Partner

January 7, 2011

Bobcats Sports & Entertainment (BSE) President and Chief Operating Officer Fred Whitfield announced today the organization has extended its marketing partnership with Wachovia, a Wells Fargo Company. With the renewal, Wells Fargo becomes the Official Community Partner of the Charlotte Bobcats.

“Wachovia has always been a community leader, and throughout the years this partnership has been a reflection of our shared and mutual commitment to leaving a positive and lasting impact on the Carolinas,” said Whitfield. “Moving forward, that commitment to the community will only be strengthened by the renewal of our partnership and we’re working together to identify more ways in which we can make this a better place in which to live and work.”

“We are pleased to renew our marketing partnership with the Bobcats, who are generating real excitement in our region,” said Kendall Alley, community banking regional president of the Charlotte region for Wachovia, A Wells Fargo Company. “It helps demonstrate Wells Fargo's ongoing commitment to the Charlotte community as we move forward in our integration. Together with the Bobcats, we’re responsible for being leaders to promote the long-term economic prosperity and quality of life for everyone in our communities. If Charlotte prospers, so do we.”

Community programs co-sponsored by BSE and Wachovia include the return of the “All-Stars In Achievement” initiative, which rewards outstanding Teach For America teachers in the Charlotte Mecklenburg Schools district with recognition at a home game and a $1,000 donation to their respective schools. Wells Fargo once again supported the “Paint The Town” initiative, which raises awareness around Opening Night and highlights the many ways in which Bobcats players get involved in the community. New for this season was a joint effort to collect gifts at a community event and home game for Toys for Tots for distribution to underserved children throughout the Charlotte area.

In addition to these community programs, the renewal provides Wells Fargo with in-arena marketing and advertising rights, exposure through the team media, and business-building opportunities.

Wells Fargo & Company (NYSE: WFC) is a nationwide, diversified, community-based financial services company with $1.2 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 10,000 banking stores, over 12,000 Wachovia and Wells Fargo ATMs, the Internet (wellsfargo.com and wachovia.com), and other distribution channels across North America and internationally. With more than 278,000 team members, Wells Fargo serves one in three households in America. Wells Fargo & Company was ranked #19 on Fortune’s 2009 rankings of America’s largest corporations. Wells Fargo’s vision is to satisfy all its customers’ financial needs and help them succeed financially.

Bobcats Sports & Entertainment operates the Charlotte Bobcats of the National Basketball Association (NBA) and Time Warner Cable Arena, celebrating its fifth anniversary in the heart of uptown Charlotte, North Carolina. The Bobcats are currently in their seventh season of play in the NBA. Follow the Bobcats on Twitter and Facebook.


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