Parago Named Best Overall Company of the Year in 7th Annual Stevie® Awards for Women in Business

LEWISVILLE, Texas, Nov. 22, 2010 /PRNewswire/ -- Parago (www.parago.com), provider of innovative reward programs that drive behavior and promote brand loyalty with consumers, today announced that it was named the Best Overall Company of the Year amongst Service Businesses up to 2,500 Employees by the 7th annual Stevie Awards for Women in Business. Parago was a finalist in the same category last year. This is in addition to the 2009 win by President & CEO Juli Spottiswood for Best Entrepreneur in Service Businesses up to 2,500 Employees category.

The Stevie Awards for Women in Business honor women executives, entrepreneurs, and the companies they run – worldwide.  The Stevie Awards have been hailed as the world's premier business awards.

Parago is an industry leader in consumer incentive and rebate programs, delivering its clients game-changing promotional programs that elevate their businesses. It is Parago's focus on innovation, operational excellence and providing the best consumer experience that has propelled it forward in this tumultuous economy. From its beginning, Parago has introduced significant paradigm shifts - drastically improving the consumer incentive experience and clients' results – and with nearly 150 clients, Parago delivers these rewards to one out of every two American households every year.

"During the recession we have continued our dogged commitment to innovation and pioneering new offerings in consumer incentives, because our clients relied on us more than ever to deliver incredible results," said Spottiswood. "It is an honor to be recognized by the prestigious Stevie Awards again for our continued growth and successes with our proprietary consumer incentive and rebate programs. We are deeply appreciative that organizations like the Stevie Awards continue to acknowledge and foster women's leadership in business."

More than 1,200 entries – a record for the competition - were submitted this year for consideration in 54 categories, including Best Executive, Best Entrepreneur, and Best Community Involvement Program.  

Finalists in the competition were chosen by business professionals worldwide during preliminary judging in September and October.  Final judging was conducted by members of the awards' Board of Distinguished Judges & Advisors in late October to select Stevie Award winners from among the Finalists.

"It was harder than ever to be recognized in the Stevie Awards for Women in Business this year," said Michael Gallagher, president of the Stevie Awards.  "Receiving a high score from the judges this year illustrates how well many women in business are doing despite the stiff challenges they face."

Details about The Stevie Awards for Women in Business and the list of Winners and Finalists in all categories are available at www.stevieawards.com/women.  

About Parago

Parago is the innovative provider of rewards-based incentive solutions that deploy technology to drive better results from consumers and customers alike. Parago provides a full range consumer incentive and rebate programs to Fortune 500 companies, including customer acquisition and retention. Parago has distinguished itself in the rewards-based incentives field for more than ten years by consistent reinvention of legacy approaches, introducing 27 industry firsts and receiving three patents. For more information visit www.parago.com

About The Stevie Awards

Stevie Awards are conferred in four programs: The American Business Awards, The International Business Awards, the Stevie Awards for Women in Business, and the Stevie Awards for Sales & Customer Service.  Honoring organizations 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.

Sponsors of the 7th annual Stevie Awards for Women in Business (as of October 11) include the Business TalkRadio Network and KeyBank.  Localization partner of the 2011 Stevie Awards is Lionbridge.

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Juli Spottiswood

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SOURCE Parago