IQNavigator Wins Prestigious Corporate Award Recognizing Best Companies in EMEA Region

IQNavigator Wins Silver “Best Overall Company of the Year” Award for Organizations with Operations in Europe, the Middle East and Africa

Denver – May 15, 2012 – IQNavigator Inc., the leading provider of services e-procurement solutions to Global 2000 companies, has been named one of the top companies in the EMEA region by the Best in Biz 2012 EMEA Awards, a global awards program that recognizes excellence, innovation, management quality and other attributes of the world’s best companies. IQNavigator received the Silver Award for Best Overall Company of the Year in Europe, the Middle East and Africa. This award follows IQNavigator’s win of the 2011 Best in Biz Award for Most Innovative Company in the United States. The Best in Biz Awards is the only independent international business awards program judged by members of the press and industry analysts, and winners of the Best in Biz 2012 EMEA Awards were selected from public and private companies representing all sectors of the economy from more than 20 countries in the EMEA region. “IQNavigator has excelled in supporting EMEA-based Global 2000 companies that benefit from our solutions for managing services procurement and non-employee workers. Our progress in EMEA has driven great success for us and our clients, and this prestigious award is a powerful confirmation of that,” said John F. Martin, chief technology officer and CEO of international markets for IQNavigator. In 2011, IQNavigator made expansion of its EMEA operations a top strategic priority in order to meet rapidly growing demand for its vendor management system (VMS) and services e-procurement solutions, which help global enterprises better manage their non-employee workforces and procured services around the world. To lead the company’s growth in EMEA, IQNavigator appointed its COO John F. Martin as the company’s CEO of International Markets in 2011. Expansions also included an increased EMEA Support Centre staff, sales and operations teams, and more. The expanded operations team has driven rapid expansion in EMEA and the company announced unprecedented growth in a year-end announcement in January 2012. IQNavigator reported a record-breaking number of new clients won in 2011, with SaaS software revenue at a 28 percent increase during the year. In addition to aggressively expanding its EMEA operations, IQNavigator also began publishing the UK IQNdex – data that serves as a unique economic indicator for the UK providing insight into market trends that are not available from any other organization or government agencies. The data is also being used by EMEA companies to better understand labor trends and make smarter decisions about their workforce decisions. 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 Canada, as well as EMEA (Europe, Middle East and Africa), respectively. Any organization from any industry boasting demonstrated success in the awards program’s region can enter any of the more than 40 company, department or team, executive and product categories. For more information about the submission process and categories in both the U.S. and EMEA programs, please visit: About IQNavigator IQNavigator is the proven leader in services procurement solutions, helping global enterprises better manage all types of procured services and their non-employee workforces around the world. IQNavigator’s cloud-based VMS software processes tens of billions of dollars in yearly services spend, enabling clients to intelligently manage and optimize the cost-effectiveness, compliance, visibility and efficiency of complex services procurement and contingent workforce programs. For more than a decade, IQNavigator has been the leader in providing innovative technology solutions for managing companies’ procured services including statement of work and project-based consultants, contractors, temporary workers and other contingent workers,. For more information about IQNavigator and how its industry-leading offerings such as IQNtelligence are helping many of the world’s most respected companies, visit # # # For more information, please contact: Stephanie Burnham Vice President, Marketing +1-303-714-9213