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2-oct-2003  |  FOR IMMEDIATE RELEASE  

 

Berkshire Hathaway Launches Employee Hotline with The Network

Norcross, Georgia, October 2, 2003

Berkshire Hathaway has chosen The Network Inc., one of the nation's leading providers of ethics hotlines, to provide an anonymous employee hotline service to all of its subsidiary companies in response to the Sarbanes-Oxley Act of 2002. The Sarbanes-Oxley Act requires that public companies provide employees with a communications mechanism enabling them to remain anonymous when reporting financial irregularities.

"Our hotline business has grown dramatically in the last year because companies like Berkshire Hathaway have recognized the value of outsourcing their hotline to a provider with a track record for protecting the confidentiality of anonymous callers." said Tony Malone, Chief Executive Officer of The Network.

About The Network

The Network (www.tnwinc.com) for the past 20 years has helped clients collect information and address critical issues such as ethics, risk management and service quality. The Network provides services such as hotlines, insurance claim reporting and employee communications to over 1,300 clients, including one-third of the Fortune 500.

About Berkshire Hathaway

Berkshire Hathaway and its subsidiaries engage in a number of diverse business activities among which the most important is the property and casualty insurance business conducted on both a direct and reinsurance basis.

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