CHICAGO, July 1, 2009 (GLOBE NEWSWIRE) -- InnerWorkings, Inc. (Nasdaq:INWK), a leading global provider of managed print and promotional solutions to corporate clients, topped the list of 2008's largest print distributors as published in the June 2009 issue of Print Solutions magazine.
InnerWorkings achieved record revenue in 2008 of $419 million, representing a 45% increase over 2007. The Company has over 650 employees and 25 locations in the U.S. and the U.K.
"Our rapid growth has been driven in large part by our print procurement technology platform which continues to improve on a daily basis," said Eric D. Belcher, Chief Executive Officer of InnerWorkings. "We are now one of the largest and most influential buyers of print in North America, with a significant portion of our business under long-term contract. We expect our growth trajectory to continue as corporations increasingly take advantage of the opportunity to outsource their print procurement function."
"I was not surprised to see InnerWorkings top this list. Since we signed over our print procurement and management, InnerWorkings has consistently generated double-digit savings and delivered exceptional quality," said Carl Musille, General Manager, Sourcing Services of The Timken Company.
About InnerWorkings, Inc.
InnerWorkings, Inc. (Nasdaq:INWK) is a leading global provider of managed print and promotional solutions to corporate clients across a wide range of industries. With proprietary technology, an extensive supplier network and domain expertise, the Company procures, manages and delivers printed materials and promotional products as part of a comprehensive outsourced enterprise solution. The Company is based in Chicago with other offices in the United States and in the United Kingdom. For more information on InnerWorkings, visit: www.inwk.com.
The InnerWorkings, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=5277
Forward-Looking Statements
This release contains statements relating to future results. These statements are forward-looking statements under the federal securities laws. We can give no assurance that any future results discussed in these statements will be achieved. Any forward-looking statements represent our views only as of today and should not be relied upon as representing our views as of any subsequent date. These statements are subject to a variety of risks and uncertainties that could cause our actual results to differ materially from the statements contained in this release. For a discussion of important factors that could affect our actual results, please refer to our SEC filings, including the "Risk Factors" section of the Form 10-K we recently filed with the SEC.
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