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Awards.com Launches e-commerce Site That Provides The First Full-Service Solution for Employee Retention and Team Motivation; Awards.com attracts top investors and strategic partners.


Business Editors

LYNDHURST, N.J.--(BUSINESS WIRE)--April 24, 2000

Awards.com, the first and only full-service resource on the Web for awards, promotional products and motivational products and content, today announced the launch of its e-commerce site, www.awards.com. Awards.com is a valuable resource for organizations interested in attracting, retaining and motivating employees or team members in today's volatile marketplace.

"We instantly saw that we could reinvent the very lucrative awards and recognition business, which has, until now, been limited to local mom and pop Mom and Pop

An adjective denoting a small-scale and family-like atmosphere, often used to describe these types of businesses and investors.

Notes:
A mom-and-pop business is typically a small family-run business.
 stores and disaggregated Broken up into parts.  suppliers," said Michael Hamilton Michael Aubrey Hamilton (5 July 1918 – 3 July 2000) was a British Conservative Party politician.

Hamilton was educated at Radley and University College, Oxford. He was a director of Royal Exchange Assurance and of Army & Navy Stores.
, President of Awards.com. "Whether you are the CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of a Fortune 50 Company, the coach of a Little League Team, or a volunteer at a non-profit organization, Awards.com enables you to harness the power of recognition and motivation as a driving force towards progress and productivity." Hamilton is the former president and co-founder of LYNXUS, a national state-of-the-art Filtered Internet Service Provider Internet service provider (ISP)

Company that provides Internet connections and services to individuals and organizations. For a monthly fee, ISPs provide computer users with a connection to their site (see data transmission), as well as a log-in name and password.
 headquartered in Atlanta, as well as a veteran Hollywood producer and director.

Funding:

Founded in June of 1999, Awards.com's goal is to reshape the highly fragmented $25 billion awards, recognition and promotional product industry by taking it online.

The company has already attracted a stellar list of investors including Robert Lessin, Chairman and co-CEO of Wit Capital; Hicks, Muse, Tate and Furst; Advance Publications (owners of Conde Nast); and Capital Express LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
.

"Awards.com has rejuvenated re·ju·ve·nate  
tr.v. re·ju·ve·nat·ed, re·ju·ve·nat·ing, re·ju·ve·nates
1. To restore to youthful vigor or appearance; make young again.

2.
 the stale and tired awards industry--an industry that was screaming for a Web makeover," said Robert Lessin Chairman and Co-CEO of Wit Capital. "Awards.com's management team has the backing, leadership, experience and vision to make the company a success."

Strategic Partnerships:

In addition to its impressive list of investors, Awards.com has secured partnerships with marquis organizations including the National Hockey League National Hockey League (NHL)

Organization of professional North American ice-hockey teams. The league was formed in 1917 by five Canadian teams; the first U.S. team, the Boston Bruins, was added in 1924. It today consists of 30 teams in two conferences and six divisions.
, Major League Baseball "MLB" and "Major Leagues" redirect here. For other uses, see MLB (disambiguation) and Major Leagues (disambiguation).
Major League Baseball (MLB) is the highest level of play in North American professional baseball.
, Major League Soccer, Pepsi Co., the National High School Athletic Coaches Association, the National Association of Independent Schools The National Association of Independent Schools, governed by a board of trustees and staffed by approximately 40 individuals, is a U.S.-based membership organization and the national voice of independent education. , and the Road Runners Club of America The Road Runners Club of America (RRCA) is a trade association of local running clubs and other running-related organization, which seeks to promote grass-roots running and fitness in the United States. .

"The National Hockey League welcomes the addition of Awards.com as an official promotional supporter and the exclusive provider of personalized awards," said Ed Horne, group vice president, marketing. "Beginning with this year's NHL NHL Non-Hodgkin's lymphoma, see there  BREAKOUT off-ice hockey tournament and fan festival, the NHL will utilize Awards.com's expertise to create trophies and certificates for participants at each local tour stop in the United States and at NHL BREAKOUT The Championships."

Awards.com Advantages:

Because Awards.com controls the production and distribution of nearly all of its products in a 45,000 sq. ft. facility, the company is able to offer the fastest and most accurate turn-around.

Awards.com offers:

-- the only convenient interactive interface that enables award

customization,

-- a commitment to product innovation through totally new and

unique award designs,

-- the largest variety of awards and promotional products

-- the highest quality customer service,

-- fast order fulfillment and convenient, flat-rate, 2-day

delivery, and

-- the best prices and value, including free personalization.

About Awards.com:

Awards.com offers the largest selection of awards, promotional products and motivational products and content. The company's core philosophy encourages success through recognition in sports, business and life. Awards.com will lead the awards and promotional product industry both online and offline by offering the only convenient interactive interface for award customization and free personalization, and a commitment to product innovation through new and unique award designs. Awards.com's customer service and competitive, "no-middleman" pricing is unsurpassed both online and offline, and nearly every product is available on-demand.

Awards.com is rapidly becoming the dominant player in a highly fragmented $25 billion industry through many high-voltage business alliances with organizations such as Major League Baseball, the National Hockey League, Major League Soccer, Pepsi Co., the National High School Athletic Coaches Association and the National Association of Independent Schools.
COPYRIGHT 2000 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Apr 24, 2000
Words:628
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