THE COLONY, TX --(Marketwired - September 13, 2016) - Quest Resource Holding Corporation (NASDAQ: QRHC), a leader in environmental, sustainability, recycling and resource management, announced today that it launched a new cloud-based business intelligence and analytics (BI&A) platform to help customers visualize the performance data of their recycling programs, reduce time-to-insight and support efficient business decision-making needs. The tool, which provides full visibility to recycling data from customers' widespread facilities, will help companies with complex operations maintain control of their recycling programs. The tool is being provided at no additional cost to existing customers.
"The new BI&A platform enhances Quest's value proposition," said Ray Hatch, Quest's Chief Executive Officer. "The tool is intended to help Quest better serve the needs of its current customers, foster additional business with them, and enhance customer retention. Quest also believes the new tool will be an important ingredient in attracting new customers."
Quest's top-of-the-line BI&A platform delivers a powerful set of customizable charts, reports, dashboards and other visualization tools that can be created collaboratively and easily shared throughout the organization, improving management information and assisting decision making.
"Quest believes in providing its customers with complete visibility into their recycling programs' Key Performance Indicators," said Phil Jackson, Quest's Vice President of Information Technology. "Quest designs custom views, peer group selection dashboards and content specifically tailored to its customers' roles within their organizations. Quest's BI&A platform and its advanced reporting capacity helps large companies intuitively cut and dice their recycling program data as well as better understand the information they receive, which in turn enables companies to better manage their business."
For more information about how Quest's new BI&A solution can help unlock sustainability metrics by transforming data into actionable insight, visit Questrmg.com.
About Quest Resource Holding Corporation
Quest provides businesses with one-stop management programs to reuse, recycle, and dispose of a wide variety of waste streams and recyclables generated by their businesses. Quest's comprehensive reuse, recycling, and proper disposal management programs are designed to enable regional and national customers to have a single point of contact for managing a variety of waste streams and recyclables. Quest also operates environmentally based social media and online data platforms that contain information and instructions necessary to empower consumers and consumer product companies to recycle or properly dispose of household products and materials. Quest's directory of local recycling and proper disposal options empowers consumers directly and enables consumer product companies to empower their customers by giving them the guidance necessary for the proper recycling or disposal of a wide range of household products and materials, including the "why, where, and how" of recycling.
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, which provides a "safe harbor" for such statements in certain circumstances. The forward-looking statements include statements or expectations regarding Quest's beliefs that it is a leader in environmental, sustainability, recycling, and resource management; that the new Business Intelligence & Analytics (BI&A) platform helps customers visualize the performance data of their recycling programs, reduce time-to-insight, and support efficient business decision-making needs; that the tool provides full visibility to recycling data from customers' widespread facilities; that the tool will help companies with complex operations maintain control of their recycling programs; that the platform enhances Quest's value proposition; that the tool is intended to help Quest better serve the needs of its current customers, fosters additional business with them, and enhance customer retention; that the tool will be an important ingredient in attracting new customers; that the platform delivers powerful set of customizable charts, reports, dashboards, and other visualization tools that can be created collaboratively and easily shared throughout the organization, thereby improving management information and assisting decision making visualization tools, which in turn help Quest customers reduce time-to-insight and support efficient business decision-making needs; that the platform and its advance reporting capacity helps large companies intuitively cut and dice their recycling program data as well as other understand that the information they receive, which in turn enables them to organize their business. Actual events or results could differ materially from those discussed in the forward-looking statements as a result of various factors, including competition in the environmental services industry, the impact of the current economic environment, and other factors discussed in greater detail in Quest's filings with the Securities and Exchange Commission (SEC), including its Annual Report on Form 10-K for the year ended December 31, 2015. You are cautioned not to place undue reliance on such statements and to consult Quest's SEC filings for additional risks and uncertainties that may apply to Quest's business and the ownership of its securities. Quest's forward-looking statements are presented as of the date made, and Quest disclaims any duty to update such statements unless required by law to do so.