SOURCE: IQNavigator

May 21, 2007 10:02 ET

IQNavigator President & CEO Named as a Finalist in 2007 American Business Awards(SM)

High Profile Awards Recognize Executives for Outstanding Leadership

DENVER, CO -- (MARKET WIRE) -- May 21, 2007 -- IQNavigator, the leading provider of services procurement software and managed service programs, today announced that President and CEO, John P. Raeder Jr., was named a Finalist in the Best Executive Category in The 2007 American Business Awards. Hailed as "the business world's own Oscars" (New York Post, April 27, 2005), The American Business Awards are the only national, all-encompassing awards program honoring great performances in business.

IQNavigator achieved outstanding success in 2006, culminating in the company's seventh consecutive year of growth. Under Raeder's direction, IQNavigator aggressively expanded its global footprint to reach a total of thirteen countries with plans to roll out to 40 countries by end of 2007. The company is poised for further expansion into new service categories and to leverage its growing channel and alliances, following the company's strategic direction.

"I am honored to have been named a finalist in The American Business Awards. It is a testament to the team at IQNavigator and their diligence in helping me execute our vision," said John P. Raeder Jr., President and CEO of IQNavigator. "Recognition of this kind reinforces our company's mission to provide our global customers with innovative solutions for services procurement as they seek to reduce costs and maximize business performance."

Details about The American Business Awards and the list of Finalists in all categories are available at www.stevieawards.com/aba.

About IQNavigator

Founded in 1999, IQNavigator provides on-demand Services Procurement software and services solutions to Global 2000 companies such as The Bank of New York, Entergy, Shell, Northrop Grumman, Sony Electronics, and Alcatel. The company's award-winning suite of integrated applications enables companies to increase profitability by reducing and controlling costs for all types of outside services spending worldwide. Headquartered in Denver, Colorado, IQNavigator has a successful track record of delivering a fast return on investment, adaptable process control and enterprise-wide financial analysis for enhanced business performance. For more information visit www.iqnavigator.com.

About The Stevie Awards

Hailed as "the business world's own Oscars," Stevie Awards are conferred in four programs: The American Business Awards, The International Business Awards, The Stevie Awards for Women in Business, and the Selling Power Sales Excellence Awards. Honoring companies of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about The Stevie Awards at www.stevieawards.com.

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