Russell Simmons, Dr. Ben Chavis To Ring NASDAQ Bell To Celebrate HSAN Anniversary

The Hip-Hop Summit

Action Network will celebrate its fifth anniversary June 14 by ringing the opening

bell of the NASDAQ Stock Market in Times Square, New York.

HSAN Chairman Russell Simmons and HSAN

President/CEO Dr. Benjamin Chavis will do the honors at the NASDAQ Stock Market,

the largest U.S. electronic stock market with over 3,000 companies listed.

"On June 14

five years ago, the Hip-Hop Summit Action Network was formed in New York City

under the theme of 'Taking Back Responsibility' in the Hip-Hop community,"

Simmons stated. "Today, we are ringing the opening bell at The NASDAQ Stock

Market as a reaffirmation of our commitment to empower people financially, and

the Hip-Hop Summit Action Network is the largest nonprofit, worldwide coalition

of Hip-Hop artists and entertainment industry executives who believe that Hip-Hop

is an enormously influential agent for positive social change."

During the past

five years, Simmons' nonprofit has organized massive public rallies ranging

from the repealing of the Rockefeller Drug Laws to voter registration campaigns.


Simmons has toured the country on the "Get Your Money Right" tour,

which stresses the importance of financial literacy, home ownership, and more.

The tour has visited numerous cities, including New York, Philadelphia, Miami,

Chicago, and Detroit.

"Helping young

people take responsibility for transforming the world into a better place for

all people is our ultimate goal," said Dr. Chavis. "HSAN ringing the

bell at NASDAQ is, in reality, ringing a bell for opportunity, freedom and justice

for millions of youth who are crying out for a better quality of life. Our current

tour on financial literacy is taking the right step at the right time."

Simmons and Dr.

Chavis will ring the opening bell at 9:30 a.m. at the NASDAQ MarketSite Location

at 4 Times Square.