PRESS RELEASE
Cafesjian Family Foundation
15 South 5th Street, 900
Minneapolis, MN 55402

USA Contact: Mr. John Waters
612-359-8991
john.waters@glcenterprises.com

Armenia Contact: Ms. Madlene Minassian
zukrun@aol.com

Minneapolis, MN
May 8, 2007

Hope For The City Donates Medicine to Armenia Valued at $9.5 Million US
Dollars

Minneapolis, MN and Yerevan, Armenia – Hope For The City, working in close
collaboration with the United Armenian Fund and the Cafesjian Family
Foundation, has donated essential medicine, valued at over $9,500,000 USD
to the Central Commission of Humanitarian Assistance of the Government of
Armenia. The airlift arrived on April 13, 2007 and was personally greeted
by Dennis and Megan Doyle, Co-Founders of Hope For The City and Board
Members of the Cafesjian Family Foundation.

The airlift of medicine, including anesthetics, anti-infective,
anti-tuberculosis, cardiovascular, dermatological, psychotherapeutic and
respiratory system drugs, vitamins and minerals, and many other
pharmaceuticals will be distributed to a number of medical institutions in
Armenia and will assist in covering a vast scope of needs.

`We were glad to make a donation of precious life saving medicines for
those in need in Armenia,’ said Megan Doyle, Co-Founder of Hope For The
City.

The United Armenian Fund and the Cafesjian Family Foundation worked
closely with Hope For The City in order to facilitate the relationship
with the Ministry of Health of RA. These two organizations have assisted
Hope For the City’s work in Armenia.

The Hope For The City delegation, including Co-Founders Dennis and Megan
Doyle, Executive Director Clare Brumback and bio-medical technician
Patrick Donahue from Universal Hospital Services (UHS), arrived in Armenia
on April 12, 2007. They paid visits to various institutions that have
already received assistance from Hope For The City; thus fostering
cooperation and compiling assessments for further needs. New relationships
with institutions were also established for future aid. Since their
initial visit in April of 2005, Hope For The City has donated over eleven
million dollars of aid from the United States to Armenia.

Hope For The City is a humanitarian aid organization that was established
by Dennis and Megan Doyle that uses corporate surplus to fight poverty,
hunger and disease. The US/Minnesota-based, non-profit organization
collects overstock products from top retailers, medical companies, and
food distributors and donates the items to people in need through partner
non-profit organizations and foundations. Since its inception, Hope For
The City has donated over $360 million USD in wholesale value goods.

The United Armenian Fund is a collective effort of the Armenian Assembly
of America, the Armenian General Benevolent Union, the Armenian Relief
Society, the Diocese of the Armenian Church of America, the Prelacy of the
Armenian Apostolic Church of America, and the Lincy Foundation. Since its
inception in 1989, the United Armenian Fund has sent over $469 million USD
of humanitarian assistance to Armenia on board 142 airlifts and 1,424 sea
containers.

The Cafesjian Family Foundation, Inc., was established in 1996 by Gerard
L. Cafesjian. The US based, non-profit organization supports a variety of
Armenian causes in Armenia, Nagorno-Karabakh and the United States. A
primary focus of the Cafesjian Family Foundation is the security of
independent Armenia and the further development of a free, democratic
society through economic development and the strengthening of the
US/Armenia relationship.