InnerWorkings Signs Global Print Management Agreement with MoneyGram
CHICAGO—June 28, 2011—InnerWorkings Inc., a leading provider of managed print and promotional solutions, has inked a multi-year, multimillion dollar print management agreement with MoneyGram International, a money transfer company with a global network extending to more than 190 countries and territories around the world. Under the contract, InnerWorkings will provide print management services for MoneyGram promotional point–of-sale materials, including direct mail, point-of-purchase, commercial print and signage manufacturing and management. The service agreement encompasses all of MoneyGram’s operations across 25 offices, 233,000 agent locations and six continents.
“Over the last 12 months InnerWorkings has devoted itself to expanding the breadth and sophistication of our global platform. The agreement with MoneyGram International, a highly complex organization with extremely diverse requirements and a worldwide reach, is a testament to the leading-edge global offering we have developed,” said Eric Belcher, CEO of InnerWorkings. “We expect global expansion to be an important element of InnerWorkings’ continued growth as we increasingly service client needs on an international scale.”
As part of the services contract and to ensure that high customer service and quality are met, InnerWorkings will have employees working on-site at MoneyGram’s global headquarters in Dallas, as well as in the company’s regional headquarters in London, England, with local-level support as needed in offices throughout the world.
“MoneyGram is making changes throughout the company to become more globally-efficient. This includes streamlining how we manage our print and signage resources,” said Juan Agualimpia, executive vice president and chief marketing officer for MoneyGram International. “We selected InnerWorkings based on the strength of its international platform, the experience the company has in servicing global accounts and its demonstrated ability to substantially reduce client expenses. We look forward to reaping the many benefits InnerWorkings’ print management solution provides.”
“MoneyGram has a host of complex print management requirements and we are extremely pleased to have a platform in place that will fully support this truly international organization,” said Seth Kessler, senior vice president, global strategy of InnerWorkings. “We are looking forward to working with MoneyGram as a partner for many years to come.”
InnerWorkings Inc. (Nasdaq: INWK) is a leading global provider of managed print and promotional solutions to corporate clients across a wide range of industries. With proprietary technology, an extensive supplier network and deep domain expertise, the Company procures, manages and delivers printed materials and promotional products as part of a comprehensive outsourced enterprise solution. The Company also owns and operates the online business printing site, Inkchaser.com. InnerWorkings is based in Chicago, IL with 35 offices in North America, South America and Europe. For more information, visit www.inwk.com.