RadioShack Announces $4.6 Million Contribution to LIVESTRONG

The Shack observes World Cancer Day by supporting the global fight against cancer

FORT WORTH, Texas, Feb. 4, 2011 /PRNewswire/ -- The global fight against cancer and the 28 million people around the world living with the disease received a large boost of support over the last year, thanks in part to RadioShack's $4.6 million fundraising contributions to LIVESTRONG®, an organization that serves people affected by cancer and empowers them to take action. The Shack®, which celebrated its first full year as an official partner of LIVESTRONG, helped raise the funds through a combination of customer point-of-sale donations, licensed-product sales and company contributions. The Shack® has donated a total of nearly $6 million to LIVESTRONG programs and support services to date.

In addition to its fundraising efforts, RadioShack has given people around the country the chance to contribute to LIVESTRONG by driving awareness and participation for the non-profit's signature fundraising events, the LIVESTRONG Challenge Series. Local associates, supporters and family members joined Team RadioShack in Seattle, Philadelphia and Austin to walk, run or cycle, generating thousands of dollars for LIVESTRONG.

"On behalf of 35,000 RadioShack associates and millions of our customers, we're honored to have the opportunity to partner with LIVESTRONG and to positively impact the millions of lives touched by the foundation every day," said Lee Applbaum, executive vice president and chief marketing officer at RadioShack. "Thanks to the generous support of our customers and the entire RadioShack family, we're fortunate to be an important part of LIVESTRONG's global fight against cancer and will continue raising money and awareness for this vital cause."

"We are grateful to the RadioShack family on World Cancer Day and every day for their help in raising awareness of cancer and the global challenges we face with this disease," said LIVESTRONG president and CEO Doug Ulman. "Through their generous support, we are able to serve more people and advance the fight against cancer here in the United States and abroad."

Customers who shop at The Shack's nearly 6,000 store locations can contribute directly to LIVESTRONG by purchasing a LIVESTRONG-branded product, including the foundation's iconic yellow bracelets, or making a $1, $5 or $10 donation.

About RadioShack Corporation

RadioShack is a leading national retailer of innovative mobile technology products and services, as well as products related to personal and home technology and power supply needs.  The Shack® offers consumers a targeted assortment of wireless phones and other electronic products and services from leading national brands, exclusive private brands and major wireless carriers, all within a comfortable and convenient shopping environment.  RadioShack employs approximately 35,000 people globally, including a team of friendly and helpful sales experts who are recognized for delivering the best customer service in the wireless industry.  RadioShack's retail network includes approximately 4,680 company-operated stores in the United States and Mexico, more than 1,265 wireless phone kiosks in the United States, and approximately 1,240 dealer outlets worldwide.  For more information on RadioShack Corporation, please visit www.radioshackcorporation.com; to purchase items online, please visit www.radioshack.com. RadioShack® and The Shack® are registered trademarks licensed by RadioShack Corporation.

SOURCE RadioShack Corporation - G