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4-Traders Homepage  >  Equities  >  Nyse  >  American Water Works Company Inc    AWK

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American Water Works Co., Inc. : California American Water partners with National Safety Council and C.H.P to oppose distracted driving during April

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04/08/2012 | 05:58pm CET

April 08, 2012

For Immediate Release

Kevin Tilden

Office: 619-435-7402

Mobile: 619-206-8099

Email: kevin.tilden@amwater.com

California American Water partners with National Safety Council and C.H.P to oppose distracted driving during April Cell phone use behind 25 percent of all auto accidents; utility workers particularly exposed

SACRAMENTO, Calif (April 8, 2012) - California American Water has partnered with the National Safety Council to promote "Driving While Distracted Awareness Month," which occurs every April.
This campaign endeavors to raise awareness about the dangers of driving while distracted with a particular focus on cell phone usage. According to the NSC, nearly 25 percent of all auto accidents in the U.S. involve drivers that were using their cell phones at the time. Utility workers are uniquely exposed to this and other forms of careless driving as they are often working alongside or in close proximity to moving traffic.
"Our field employees are on the road everyday and are often working in high-risk traffic environments," said Grady Stevens, operations supervisor for California American Water's Northern Division. "And while we have rigorous safety protocols in place for employees conducting street work, we cannot control the behaviors of passing motorist. That is why we support this campaign in asking drivers to turn off their phones and eliminate other distractions while behind the wheel. There isn't a single phone call or text message important enough to endanger the lives of yourself or others."
In service to this campaign, California American Water has outfitted all its fleet vehicles with bumper stickers that read: "ur txt can w8, please drive safely." In addition, the company has produced a video public service announcement in partnership with the California Highway Patrol that includes employee testimonials and facts about the importance of driving with minimal distractions. To view this video, please visit the company's YouTube channel at:
http://www.youtube.com/caamwater or its Facebook page at: http://facebook.com/caamwater.

PRESS RELEASE www.californiaamwater.com

California American Water Opposes Distracted Driving

People are also encouraged to visit the NSC's "Distracted Driving" webpage at http://www.nsc.org/safety_road/Distracted_Driving/Pages/distracted_driving.aspx to find additional information about the campaign and specific tips to reduce auto accidents.
Some of these tips include:
• Make a personal commitment to drive cell free ; it's the law
• Research existing technology that prevents cell phone use while driving by holding your calls and messages and delivering them when you are finished driving
• Turn your phone off or put it on silent while driving so you are not tempted to answer it
• Speak up when you are in the car with someone who uses a cell phone while driving - ask if you can do it for them, or if it can wait
• Change your voicemail message to reflect that you are either away from your phone or driving, and that you'll call back when you can do so safely
• If you are talking to someone who you know is driving, tell him/her to hang up and call you later
"Working together through this campaign, we can change the culture of distracted driving and make our roads safer for motorist, pedestrians and utility workers," Stevens said.

###

California American Water, a wholly owned subsidiary of American Water (NYSE: AWK), provides high-quality and reliable water and/or wastewater services to approximately 600,000 people.
Founded in 1886, American Water is the largest publicly traded U.S. water and wastewater utility company. With headquarters in Voorhees, N.J., the company employs approximately
7,000 dedicated professionals who provide drinking water, wastewater and other related services to an estimated 15 million people in more than 30 states and parts of Canada. More
information can be found by visiting www.amwater.com.

PRESS RELEASE www. californiaamwater.com

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Financials ($)
Sales 2016 3 342 M
EBIT 2016 1 148 M
Net income 2016 497 M
Debt 2016 6 558 M
Yield 2016 2,06%
P/E ratio 2016 25,94
P/E ratio 2017 23,91
EV / Sales 2016 5,83x
EV / Sales 2017 5,70x
Capitalization 12 909 M
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Average target price 80,1 $
Spread / Average Target 10%
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NameTitle
Susan N. Story President, Chief Executive Officer & Director
George F. MacKenzie Non-Executive Chairman
Walter J. Lynch Chief Operating Officer
Linda G. Sullivan CFO, Principal Accounting Officer & EVP
Mark S. Smith Chief Information Officer & Vice President
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