Parago Among Best Overall Companies of the Year, as Judged by Best in Biz Awards 2011

LEWISVILLE, Texas, Nov. 10, 2011 /PRNewswire/ -- Parago, a leading provider of consumer and corporate incentives, has been named the bronze winner in the Best Overall Company of the Year category in Best in Biz Awards, the only national business awards program judged by members of the press and industry analysts.

A longtime leader and innovator in the consumer incentive and rebate fulfillment industry, this year Parago advanced the promotions industry again with the launch of GoRebate Mobile iPhone and Android shopping applications, which allow consumers to find great rebate deals on the go, to track the status of submitted rebates and receive alerts when a rebate deal is nearby.

While Parago has continued to expand its incentive offerings, the company saw record-setting rebate issuance in 2010, this year introduced an industry-best rewards fulfillment platform, PROP, has maintained a 98% client retention rate and continues to deliver incentive innovation and results in market.

Best in Biz Awards 2011 were presented in more than 30 categories, including Best Overall Company of the Year, Most Innovative Company of the Year, Executive of the Year and Best New Product of the Year. More than 150 entries were received in this year's awards program, from an impressive array of public and private companies from a variety of industries, sectors and regions. The companies that won gold, silver and bronze awards in this year's program represent the best in American business.

"I credit our success and recognition from the Best in Biz program to our ability to continually evolve promotions, to make them more rewarding for consumers and more profitable for businesses," said Juli Spottiswood, President & CEO of Parago. "GoRebate Mobile is a great example of how Parago continued to innovate in 2011. We are thrilled to receive this award and look forward to continuing to drive the incentive and promotion industry forward."

Winners of Best in Biz Awards 2011 were determined by scores from a panel of high-caliber judges from top-tier business and technology publications, as well as analyst firms, including: Accounting Today, AllBusiness.com, ECT News Network, eWeek Channel Insider, Financial Times, Fox News, Hartford Business Journal, Insight Media, Kelsey Group, King Features Syndicate, Lab Reviews, Network World, PC Magazine, Portfolio, Puget Sound Business Journal, Tech.Blorge, Tech-Gaming, Techtalk and Wired. The 20 judges on this year's panel boast more than 470 years of combined experience and have written for a combined total of more than 180 consumer, business, financial, trade and technology publications nationwide.

For a full list of gold, silver and bronze winners in Best in Biz Awards 2011, visit: http://www.bestinbizawards.com/2011-winners.

About Parago

Parago is the innovative provider of rewards-based incentive solutions that deploy technology to drive better results. Parago provides a full range of consumer, sales, channel and employee incentive programs to Fortune 500 companies. 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, the Parago blog or Twitter.

About Best in Biz Awards

Best in Biz Awards recognizes top companies, teams, executives and products for their business success as judged by established members of the press and industry analysts. Best in Biz Awards honors are conferred in two programs covering the U.S. and EMEA (Europe, Middle East and Africa), respectively. Any organization from any industry in the awards program's region boasting demonstrated success can enter any of the more than 40 company, department or team, executive and product categories. Entries for Best in Biz Awards 2012 EMEA are currently being accepted from all companies based in or operating in Europe, Middle East or Africa, with an early entry deadline of Nov 30, 2011. For more information about the submission process and categories in both the U.S. and EMEA programs, please visit: http://www.bestinbizawards.com.

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Juli Spottiswood

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SOURCE Parago