|
Awards
E-Duction named Innovative Business of the Year —
Alternative
employee benefit company honored at 18th Annual Small Business Excellence
Awards
11/21/00
Philadelphia, November 21, 2000– The Greater Philadelphia Chamber
of Commerce has named E-Duction, Inc. as this year's Innovative
Business of the Year. E-Duction bested 50 other nominees for the
honor, which was awarded as part of the 2000 Small Business Excellence
Awards ceremony held on Friday, November 17.
The Small Business Council of the Chamber developed
the annual awards to recognize the achievement, leadership and innovation
of small businesses, a group representing 97 percent of the region's
companies and 89 percent of the Chamber's membership.
"E-Duction is very honored to have been selected
for this award," commented Kirk Watkins, President and CEO
of the company. "Our aim is to provide employers with the opportunity
to offer their employees a one-of-a-kind benefit. To be recognized
for innovation shows that E-Duction delivers value to employers
and employees alike, and that people are starting to take notice
of our company."
This latest honor is another in a series of recent acknowledgments
for the year-old company. E-Duction, Inc. was recently ranked among
the Philadelphia Business Journal's 100 Fastest Growing Private
Companies, as well as being distinguished a "Company to Watch"
at this year's Eastern Technology Council 2000 Enterprise Awards,
sponsored by PriceWaterhouseCoopers.
E-Duction is a one-of-a-kind employee benefit that
allows employees to save money by making interest-free purchases
through payroll deductions. Using the E-Duction card, employees
are able to responsibly make purchases up to 4% of their annual
salary, interest-free, to be deducted in equal installments from
a future series of paychecks, up to six months. E-Duction, Inc.'s
patent-pending payroll deduction solution was created in 1997 through
a business model that was used in medical facilities to enable employees
to purchase goods through a series of deductions from future paychecks.
E-Duction, Inc., a developer of innovative payment solutions, was
founded in 1999, in order to bring the unique employee benefit of
payroll deduction to a wider audience of employers, employees, and
merchants. More information on E-Duction, Inc. is available at www.E-Duction.com.
For further information on E-Duction, Inc., contact:
Tom McCormick
Fax: 215.542.7090
E-mail: tmccormick@E-Duction.com
back
|
