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Chase Announces Major Gift to The Team Gleason House

  Chase Announces Major Gift to The Team Gleason House

           Grant Funds High-Tech Residence for ALS and MS Patients

Business Wire

NEW ORLEANS -- January 17, 2013

Chase announced today a $350,000 grant to The Team Gleason House for
Innovative Living, funding the development of technologies that will help ALS
and MS patients continue living more productive and purposeful lives.

The Team Gleason House will be located at St. Margaret’s Skilled Nursing
Residence and will be the second U.S. facility of its kind. The collaboration
between Chase and Team Gleason also supports New Orleans’ effort to develop a
thriving BioDistrict and support innovation as a means to strengthen the local

“The Team Gleason House was only a dream less than a year ago. Through our
efforts and the extraordinary efforts of Chase and St. Margaret's, we have
realized that dream so ALS patients can continue to live, thrive and
contribute to the community,” said Steve Gleason, founder of Team Gleason.
“Until there is a medical cure for ALS, technology is the cure and we are
proving that today.”

A folk hero on and off the field, the former Saints player has become a symbol
of the city’s determination and perseverance. His celebrated punt-block on the
night the Superdome reopened in 2006 renewed hope that New Orleans was ready
for a big comeback.

“That was the day when the people of New Orleans began to believe that we can
win again,” New Orleans Mayor Mitch Landrieu said. “What Steve did is prove
that no matter how bad things got, if we work hard and come together, we can
turn it around. What’s in his heart represents the best that the city of New
Orleans has to offer.”

Gleason retired from football in 2008 and was diagnosed with ALS in 2010. He
has made it his mission to show ALS patients can not only live but thrive
after this diagnosis. In doing so, he hopes to inspire others to do the same.

The Team Gleason House for Innovative Living will be a residential facility
within St. Margaret’s that provides care for people living with incurable
neuromuscular disorders, such as ALS and MS. Since these diseases are
incurable, The Team Gleason House’s approach will focus on employing
technology that allows patients to control doors, lights, televisions, shades,
and other devices through eye-sensitive technologies.

The Team Gleason House for Innovative Living will be located within one mile
of the city’s new BioDistrict, which is expected to provide employment for
5,500 people in its first five years. Over 10 years, 13,400 direct and
indirect jobs are expected to be created.

“The Team Gleason House will be equipped with cutting-edge technology, making
it part of the city’s progress in developing a more entrepreneurial,
innovative economy,” said Todd Maclin, Chairman of Chase Consumer and
Commercial Banking. “Investing in biosciences and digital technology will
create more economic diversity and greater opportunity in New Orleans.”

Since Hurricane Katrina, Chase has donated more than $30 million to
non-profits working in Louisiana. In New Orleans, Chase is working with
non-profits, residents, and other funders to support the city’s
transformation, focusing on two high-need neighborhoods: Central City and
Treme. Highlights include support for revitalizing the historic OC Haley
Boulevard; grants for the Chase Business Incubator, which provides essential
services to low-income, minority and women-owned small businesses; and the CP3
Afterschool Zone, an enriching afterschool program for children in Central
City. Chase also supports the Idea Village, a nationally-recognized leader
working to catalyze an entrepreneurial ecosystem in New Orleans.

In addition to the firm’s philanthropy, Chase has provided special financing
for $294 million worth of affordable and mixed income housing – more than
4,200 units - in Louisiana since 2005. Projects include the redevelopment of
the Lafitte Public Housing in Treme, financing for the King Rampart Street
apartments in Central City, and financing for the historic rehabilitation of
1501 Canal Street into housing for seniors.

Chase employees and their families will be volunteering today to help create a
garden at The Team Gleason House for Innovative Living. The garden honors
Chase’s former Baton Rouge Market President Kevin Kelty, who lives with ALS.
The garden will provide a peaceful atmosphere for residents and their
families. Several scientific studies have concluded that a garden can reduce
patients’ levels of pain and stress.

“Steve Gleason inspired our city when he blocked that punt,” said Lizette
Terral, President of Chase in New Orleans. “But even more inspiring is his
work to prove ALS patients can still lead productive lives. Chase is very
proud to partner with Steve and Team Gleason.”

About Team Gleason

The Gleason Initiative Foundation is a charitable 501c3 non-profit corporation
with the mission to help provide individuals with neuromuscular diseases or
injuries with leading edge technology, equipment and services. It also works
to raise public awareness toward amyotrophic lateral sclerosis “ALS” by
providing and documenting extraordinary life adventures for individuals with
muscular diseases or injuries.

About Chase

Chase has 4,600 employees and 155 branches in Louisiana and is the state’s #1
Small Business Administration lender. The bank serves 1.6 million consumers
across the state. Chase has extended more than $9 billion in credit to
businesses, individuals and governments in Louisiana. Chase also has provided
financing for a number of notable Community Development projects in New
Orleans, including The Blue Plate Lofts and the Saenger Theater.


Chase Media Contact:
Greg Hassell, 713-419-9208
Team Gleason Media Contact:
Clare Durrett, 504-450-4677
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