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"We're proud of our history and we're excited to celebrate. In the last 24 hours, we've heard from so many grass-roots supporters, program partners, corporate partners, and a lot of them are doubling down, saying they are going to come back even stronger in 2013," said Doug Ulman, Livestrong president and chief executive.
Armstrong lost many of his personal sponsorship contracts on Wednesday. Nike, Anheuser-Busch and others said they were terminating their contracts or would not renew them because of the doping evidence. But Nike and several other companies said they would continue to support Livestrong.
Armstrong founded the charity in 1997 after recovering from testicular cancer that had spread to his lungs and brain. Armstrong won the Tour de France every year from 1999-2005 and his success on the bike helped propel the foundation into one of the most popular and well-known charities in the country. Livestrong has raised about $500 million in the fight against cancer.
In 2004, the foundation introduced the yellow "Livestrong" bracelets, selling more than 80 million and creating a global symbol for cancer awareness and survival.
"It has been a great privilege to help grow it from a dream into an organization that today has served 2.5 million people and helped spur a cultural shift in how the world views cancer survivors," Armstrong said in a statement Wednesday.
[Associated
Press;
Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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