ProfitPoint, Inc. Named To Business TN's 2008 Hot 100 List
Clifton Heights, PA- November 24, 2008 –ProfitPoint, Inc., a leading provider of stored value solutions, and ranked by Inc. Magazine as the 59th fastest-growing privately held company in America, was also named to the second annual BusinessTN Hot100 list of the fastest growing, emerging companies to watch in Tennessee.
ProfitPoint, Inc. specializes in the design and implementation of custom Gift and Loyalty Card Programs for the mass merchant marketplace, and supports their programs with all forms of non-cash payment processing products and services, as well as marketing collateral, gift card packaging, 24/7 customer service and free merchant training. The company, founded in 2003, has experienced double-digit growth year over year since its inception.
Commenting on the announcement, ProfitPoint, Inc. CEO, Vaden Landers, said “being recognized by BusinessTN magazine as one of the top 100 emerging companies in the state of Tennessee is further acknowledgement of the fact that merchant retailers all across America are enamored with gift cards and the concept of using these cards as a very cost effective way to attract new customers and reward those who have shown loyalty to their brand. Our ability to secure a new client and provide that client with extensive support and educational programs have been key drivers behind our growth and emergence as a leader in this space. I am honored to share this award with the over 100 employees who have played a role in making this all happen, and most importantly, the 25,000 merchant locations around the country who trust us with their business.”
The Hot100 list is described as an annual look at companies who represent the best that Tennessee has to offer in terms of entrepreneurial vision and growth. The list spotlights companies that are enriching local and regional economies, providing jobs, and contributing to Tennessee’s entrepreneurial culture.
About ProfitPoint, Inc.
ProfitPoint Inc. is a leading provider of gift and loyalty card services to the small to medium sized merchant community. Having its corporate headquarters near Philadelphia, PA, and customer care center in Franklin, TN, ProfitPoint supports its gift and loyalty cards with point-of-purchase accessories, real-time electronic transaction processing and customizable reports for each merchant. ProfitPoint specializes in the design and production of custom gift and loyalty cards, software capability and merchant education to meet each individual client’s needs. Now serving more than 20,000 merchant locations nationwide, ProfitPoint produces in excess of fifteen million cards per year and does more than ten million stored value transactions on its proprietary gift and loyalty card platform. For more information, visit www.rewardforloyalty.com.
For more information:
Vaden C. Landers, CEO, ProfitPoint Inc:
615-324-9870
vlanders@profitpointinc.com
