IQNavigator Named as Finalist in 2009 American Business Awards

7th Annual Stevie Awards Will Be Presented on June 22 in New York City
DENVER--(Business Wire)--
IQNavigator, the leading provider of global services procurement solutions and
managed service programs, announced today that it was named a finalist in the
Fastest Growing Company and Best New Service categories in the 2009 American
Business Awards. IQNavigator was also selected as a finalist for the People`s
Choice category in April.

The American Business Awards are the nation`s premier business awards program.
All organizations operating in the U.S.A. are eligible to submit entries to the
ABAs - public and private, for-profit and non-profit, large and small.

Stevie Award winners will be announced during the annual gala on Monday, June 22
at the Marriott Marquis Hotel in New York City. Six-hundred executives from
across the U.S.A. are expected to attend. The ceremonies will be broadcast on
radio nationwide by the Business TalkRadio Network and hosted by Cheryl Casone
of Fox Business Network. More than 2,600 entries from companies of all sizes and
in virtually every industry were submitted for consideration in more than 40
categories.

As the leading provider of global services procurement solutions, IQNavigator
posted remarkable growth in 2008, including a 52 percent increase in revenue
over 2007. New client wins in 2008, and an average growth of more than 90
percent in spend under management at existing clients, fueled these record
results.

Further sparking this tremendous growth, in 2008, IQNavigator pioneered the
industry`s first world class managed service program (MSP) framework addressing
the needs of companies with global operations. Named "Intelligent MSP," the
offering is an evolution of IQNavigator`s traditional client-managed and
partner-managed service procurement programs.

"Services procurement represents a multi-million dollar cost savings opportunity
for large companies, and the need to bolster supply chain efficiency and expand
savings into new business areas is more prominent than ever in an uncertain
economy," said John P. Raeder, Jr., president and CEO, IQNavigator. "We`re proud
of the work we`ve done for our clients in this area, which has led directly to
IQNavigator`s tremendous growth over the past year. We`re honored to be
recognized for our efforts by such a prestigious award program."

Members of the Awards' Board of Distinguished Judges & Advisors and their staffs
will select Stevie Award winners from among Finalists in final judging that will
continue through June 3. Finalists were chosen by business professionals
nationwide during preliminary judging in April through early May.

"Despite very tough economic conditions, many organizations and individuals
continue to perform well," said Michael Gallagher, founder and president of The
Stevie Awards. "The results of the 2009 ABAs thus far are a testament to the
resilience, creativity, and hard work of American organizations, executives, and
workers."

Details about The American Business Awards and the list of Finalists in all
categories are available at www.stevieawards.com/aba.

About IQNavigator

IQNavigator is the leading provider of on-demand services procurement software
and managed service programs. The company`s award-winning suite of integrated
applications enable Global 2000 companies such as Charles Schwab, Entergy,
Northrop Grumman, Schlumberger, Shell and Sony Electronics to gain control and
visibility into their large and growing services procurement spending. With
proven domain expertise and innovative technology solutions, IQNavigator can
help clients quickly and easily turn complex services spend into a new source of
value, competitive advantage, and continuous bottom-line improvement. For more
information please visit www.IQNavigator.com.

About The Stevie Awards

Stevie Awards are conferred in four programs: The American Business Awards, The
International Business Awards, The Stevie Awards for Women in Business, and the
Stevie Awards for Sales & Customer Service. Honoring companies of all types and
sizes and the people behind them, the Stevies recognize outstanding performances
in the workplace worldwide. Learn more about The Stevie Awards at
www.stevieawards.com.

Supporting sponsors of The 2009 American Business Awards include High
Performance Technologies Inc., John Hancock, Lifelock, RCN Corporation, Softpro,
and Ultimate Software. Media sponsor is the Business TalkRadio Network.
Localization partner of the 2009 Stevie Awards is Lionbridge.

Ruder Finn
Daniel Yoo
415-249-6775
yood@ruderfinn.com
or
IQNavigator, Inc.
Ashley Schmidt
303-563-1603
aschmidt@iqnavigator.com

Copyright Business Wire 2009