Bob Moore, iGPS Chairman and CEO, Named Ernst & Young Entrepreneur Of The Year® in the Emerging Category

ORLANDO, Fla., Nov. 16, 2010 /PRNewswire/ -- Bob Moore, Chairman and Chief Executive Officer of Intelligent Global Pooling Systems (iGPS Company, LLC), was named by Ernst & Young as its 2010 Entrepreneur Of The Year® in the Emerging Category.  Moore was recognized for his entrepreneurial drive and vision in creating a paradigm shift in the supply chain by introducing the world's first pallet rental service providing all-plastic pallets with embedded radio frequency identification (RFID) tags.  Within just four years of its inception, iGPS has been adopted by a growing number of the world's leading fast moving consumer goods and pharmaceutical companies.

Now in its 24th year, the Ernst & Young's Entrepreneur Of The Year® is the world's most prestigious business award for entrepreneurs.  It encourages entrepreneurism and celebrates leaders and visionaries who demonstrate personal commitment, innovation and financial success as they build world-class enterprises.  Each of the Ernst & Young Entrepreneur Of The Year® winners was selected by an independent panel of judges from approximately 300 regional award recipients.  Past award recipients include Michael S. Dell of Dell Computer Corporation, Vinod Khosla of Khosla Ventures, Tom Adams of Rosetta Stone, Inc., John P. Mackey of Whole Foods Market and other visionaries who have contributed to the success of well-known companies and brands such as MapQuest, The Home Depot, Red Hat, Inc., Cirque du Soleil, among many others.

"It is indeed a tremendous honor to be recognized by Ernst & Young as Entrepreneur Of The Year in the Emerging Category," Moore said.  "But no individual could possibly build a company like iGPS alone.  I want to express my heartfelt thanks to the extraordinary employees of iGPS, men and women whose initiative and dedication have been truly remarkable.  They deserve the real credit today," he added.  

"I also want to thank our customers, without whom there would be no iGPS," Moore continued.  "These are world-class companies, leaders in their industries, who are truly committed to innovation and to the most efficient and safe supply chain possible.  Their confidence in us has been the key to iGPS' success," Moore added.  

This recognition by Ernst & Young comes fresh on the heels of other notable iGPS developments.  In October, the company launched iGPS bios™, a new, premium-level pallet rental service designed to meet the unique needs of the pharmaceutical and life sciences industries.  iGPS bios™ provides a level of hygiene and security that cannot be achieved with pallets made of wood or other organic materials.  

Also last month, iGPS opened its new 8,000 square foot National Sales and Innovation Center in Northwest Arkansas, a facility that showcases the company's pioneering solutions and serves as the center of its ongoing research and development initiatives.  Over 20 interactive displays provide detailed information on iGPS' all-plastic pallet with embedded RFID tags, as well as the ancillary services and technologies that comprise iGPS' complete solution.  A warehouse environment, complete with automated guided vehicles, shows these industry-leading solutions in action.  

Switching from wood pallets to lighter-weight iGPS plastic pallets yields game-changing operational savings.  Studies performed by iGPS customers consistently show bottom-line savings of up to $2 per pallet load, thanks to lower transport costs, dramatically reduced production downtime, larger loads per pallet, reduced product damage and fewer rejected loads.

Companies shipping on iGPS' platform realize unequalled sustainability benefits, as well.  An independent life cycle analysis has documented that iGPS pallets are dramatically better for the environment when compared to both one-way and multi-use wood pallets on every commonly-measured metric, including global warming, ozone layer depletion and ecotoxicity.  Over the course of five years, iGPS customers have cumulatively prevented the destruction of more than 600,000 trees, saved 635,000 gallons of fuel and averted nearly 14 million pounds of greenhouse gas emissions.

About iGPS

iGPS operates the world's first pallet rental service providing shippers and receivers with lightweight, 100 percent recyclable all-plastic pallets with embedded RFID tags.  Its highly engineered platform—the world's most advanced shipping pallet and the world's only rental pallet to receive NSF International Food Equipment Certification—is rapidly replacing wood as the platform of choice among the world's most innovative companies.  Businesses that switch from wood pallets to iGPS realize game-changing savings—as much as $2 per unitized load—thanks to lower transport costs, reduced production downtime, reduced product damage and fewer rejected loads.  iGPS' pallet is also a major advance in supply chain hygiene—a platform that is easily cleaned, will not absorb fluids that can lead to contamination and never requires treatment with toxic pesticides and fungicides.  An independent life cycle analysis has documented that iGPS' solution is dramatically better for the environment than both one-way and multi-use wood pallets.  Launched in March 2006, the company has created nearly 2,000 new green jobs in the U.S. and is led by pallet and supply chain veterans with decades of experience.  iGPS (www.igps.net) is headquartered in Orlando, FL and operates its state-of-the-art National Sales and Innovation Center in Northwest Arkansas.

SOURCE iGPS (Intelligent Global Pooling Systems)