CorporateRewards.com And Maritz Rewards Form Joint Venture
Companies combine their expertise and experience in the gift certificate industry
NEW YORK & FENTON, Mo.--May 7, 2003 --CorporateRewards.com(TM), a division of Universal Certificate Group, LLC, and a leading provider and marketplace of gift certificates using its GiveAnything.com Gift Certificate(TM) patented technology today announced a strategic alliance with Maritz® Rewards, a division of Maritz Inc., and an industry leader in awards and fulfillment services.
Under the terms of the agreement, the two companies will jointly pursue and collectively combine their acquisition and management resources for all participating merchants under their gift certificate programs, while Maritz Rewards will handle all physical gift card and gift certificate fulfillment to CorporateRewards.com and their rapidly growing client base of Fortune 500 and Inc. 500 companies.
"This is a relationship that just makes sense", said T.K. Olson, Universal Certificate Group`s Executive Vice President. "Given our collective experience in the gift certificate business, everyone benefits - our companies, our clients, and most importantly, our participating merchant partners. We`re excited about this new relationship and look forward to a great future with Maritz and Maritz Rewards as part of the equation."
"Our relationship with Universal Certificate Group and CorporateRewards.com brings unparalleled strength, resources and expertise in the gift certificate industry to the table for our clients and participating merchants", remarked Mike Donnelly, President of Maritz Rewards. "Our teams work very well together, which means that our participating merchants, as well as our clients, will benefit greatly from the relationship."
About CorporateRewards.com
A New York City-based company founded in 1999, CorporateRewards.com is the leading provider of online incentive, reward, and loyalty programs for hundreds of companies both large and small. Their patented Universal Gift Certificate technology allows corporate clients to enjoy unsurpassed program branding, participant satisfaction, and ROI. Further information can be found at www.corporaterewards.com.
About Maritz, Inc.
Maritz Inc., which ranked 157th on the most recent Forbes list of "500 Biggest Private Companies," is based in the St. Louis suburb of Fenton, MO. Maritz offers marketing research, travel, and performance improvement services, which are delivered through 20 operating companies located in the U.S., Canada, Mexico, the United Kingdom, France, Spain, Germany, and Italy. Further information can be found at www.maritz.com.
Universal Certificate Group, CorporateRewards.com, GiveAnything.com and the GiveAnything.com Gift Certificate are trademarks of Universal Certificate Group, LLC.
Maritz and Maritz Rewards are registered trademarks of Maritz, Inc.
Contact:
CorporateRewards.com
Edward Brookshire, 212/252-8891 x209
ebrookshire@ucgroupllc.com
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