Company Recognizes Top Suppliers as “Partners in Progress”
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Rochelle Gobetz, Sears & Jeff Hart, Advantage IQ
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Spokane, WA, August 26, 2009 – Advantage IQ has been named a 2008 Partner in Progress for Sears Holdings Corporation (NASDAQ: SHLD). Advantage IQ was selected to be a third-party Utility Payment Supplier in February 2007 and has done an exceptional job within the last two years, according to Sears. Sears has seen significant savings in energy because of Advantage IQ’s effective bill auditing and payment process, minimizing late fees and reducing requests for collateral from utilities. Sears stated that Advantage IQ has an easy-to-use Internet site where all accounts can be reviewed, as well as tailored client attention and a willingness to undertake any issue that needs attention.
The prestigious Partners in Progress award is presented annually to a select group of supplier companies that provide Sears Holdings with quality products and services from apparel, appliances and tools to marketing, facilities design and technology. Less than 1 percent of Sears Holdings’ 30,000 suppliers earn the coveted award each year.
Interim Chief Executive Officer and President Bruce Johnson, congratulated the winners stating, “Sears Holdings relies on its supplier community, as well as the quality of the merchandise and services they provide, to help us create lasting relationships with our customers and to empower them to manage their lives. This program was started more than 25 years ago and is a testament to the importance of collaborating with our supplier partners to better serve our customers and increase productivity.”
“We are honored to receive this award from Sears Holdings,” said Jeffrey Hart, chief operating officer, Advantage IQ. “It is a testament to the efforts of the Advantage IQ team to deliver powerful solutions for multi-site companies. Ed Schlect, vice president of corporate business development, added, “This award proves that there is power in a partnership that is built on trust, where our client and our team understand and work toward the same goals.”
The Partners in Progress program recognizes suppliers for product or service quality, innovation, diversity and overall market performance. The winners were selected from nominations submitted by Sears’ associates who purchase goods and services for the company in 2008.
About Advantage IQ, Inc.
Advantage IQ is a leading provider of comprehensive cost management services for utility, telecom, waste and lease expenses, including strategic energy management services. Its patented technology and services provide multi-site companies with critical, yet easy-to-access, information that enables them to proactively manage and reduce expenses. Advantage IQ’s patented system provides online access to consolidated cost and consumption data, partnered with powerful analytical reporting tools. For more information about Advantage IQ, visit www.advantageiq.com or call toll-free 1-800-791-7564.
Contact:
Advantage IQ Media: Lucy Fortin, 610-228-2105 Lucy@GregoryFCA.com
Advantage IQ: Angela Moffat, 509-329-7169 amoffat@advantageiq.com