Office Depot Selects QL2 to Provide Support for Pricing Analytics

SEATTLE, April 5 /PRNewswire/ -- QL2 Software, Inc., the leading on-demand data access provider, announced today that Office Depot, Inc. has selected QL2 to provide support for pricing analytics to optimize offerings across channels in each local market.  

Office Depot will leverage QL2's hosted services to enhance pricing analytics and operations across all divisions. "Office Depot is a true multi-channel retailer that operates in many markets with diverse customers and competition, so the demand for real-time information by market and competitor is critical for the delivery of a consistent brand promise," said Carol Martin, Vice President of Merchandising for Office Depot's Business Solutions Division.  

The Office Depot team monitors competitive items, pricing and competitor actions to protect and grow market share.  QL2 services will provide rich context for taking quick, decisive and measurable pricing actions within each competitive marketplace.  The simplicity and flexibility of the QL2 model allows each group within the organization to quickly assess the market without being paralyzed by irrelevant data.

"The QL2 Data-access as a Service (DaaS) platform allows Office Depot to take control of product offerings and pricing within local markets," said Russ Aldrich, CEO, QL2 Software.  "Selection by a prestigious Fortune 500 company with an innovative Web reputation further validates our Retail and Consumer Goods strategy," said Aldrich.

About Office Depot

Every day, Office Depot is Taking Care of Business for millions of customers around the globe. From the local corner store to the Fortune 500 company, Office Depot provides products and services to its customers through 1,584 worldwide retail stores, a dedicated sales force, top-rated catalogs and a $4.1 billion e-commerce operation.  Office Depot has annual sales of approximately $12.1 billion, and employs about 41,000 associates around the world.  The company provides more office products and services to more customers in more countries than any other company, and currently sells to customers directly or through affiliates in 51 countries.

Office Depot's common stock is listed on the New York Stock Exchange under the symbol ODP and is included in the S&P 500 Index.  Additional press information can be found at: http://mediarelations.officedepot.com.

About QL2 Software, Inc.

QL2 is the leading on-demand data access platform provider that delivers the right data in the right format at the right time. More than 250 clients in 40 countries depend on QL2 Data-access as a Service (DaaS) solutions for accurate and reusable data on channel, product and industry specific markets. The QL2 client-roster includes over 100 airlines, three of the top five global pharmaceuticals, and market leaders in retail, consumer products and life sciences. Founded in 2002, QL2 was named to the 2007 Inc. 500 and 2008 Inc. 5000 list of the fastest growing private companies, the 2008 Red Herring 100, and has been included in KMWorlds's 100 Companies That Matter for the past four years and Trend-Setting Products for the past three years. For more information, please visit www.QL2.com.

SOURCE QL2 Software, Inc.