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Wallace Makes Top 20 on InformationWeek 500 List

Wednesday, October 02, 2002

Press release from the issuing company

LISLE, Ill.--Oct. 1, 2002--For the fourth consecutive year, Wallace has earned a place on the InformationWeek 500 list, this time achieving its highest ranking yet with an overall listing of 20. The list, which is in its 14th year, recognizes the nation's most innovative users of information technology. Its continuing focus on digital innovations and e-business solutions boosted Wallace to the top 20 from its position at 79th last year. Wallace was also the highest placed business solutions and print management company on the list, as well as the top ranked company in the Consulting and Business Services category. The list ran in the Sept. 23, 2002 issue of InformationWeek magazine. Regarded as the industry's annual report card, the InformationWeek 500 ranking is the most detailed source of industry-specific IT data. The research project gathered in-depth information directly from companies about how they approach and prioritize their IT investments. This research is considered critical to companies seeking to benchmark themselves against their vertical industry peers. The entire list is available on InformationWeek's Website at http://www.informationweek.com/907/rank.htm. "In this challenging economy, technology innovation becomes more difficult but is even more critical to provide needed business solutions for our customers and keep our competitive advantage," said Ken O'Brien, Wallace's Chief Information Officer. "Wallace's recognition on this list for the past several years is an indication of the priority we place on maintaining innovation through focused technology investments." This year's InformationWeek 500 survey revealed that although IT spending is off, the nation's top technology innovators are finding creative ways to drive their technology initiatives forward, working to improve the technologies they have, and squeezing more use from electronic channels to strengthen customer and business partner collaboration. "Wallace continues to demonstrate its ability to align technology with business strategies, customer needs, and partner capabilities," said O'Brien. "Seventy-three percent of InformationWeek 500 companies in 2002 ranked on last year's list," said Rusty Weston, editor of InformationWeek Research. "This has provided valuable insight into how the economy has shaped technology investment over the past 12 months and which IT and business strategies are being leveraged in an effort to maintain and advance market position."




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