CLIFTON HEIGHTS, Pa., Oct. 16, 2008 (GLOBE NEWSWIRE) -- October 16, 2008 ProfitPoint, Inc., a leader in the Gift and Loyalty Card Services industry and ranked by Inc. Magazine as the 59th fastest-growing privately held company in America, celebrated the opening of the company's new corporate headquarters at The Rockbourne Falls Business Center in Clifton Heights, PA on Friday, October 10, 2008 via an Open House Celebration.
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Specially invited guests were treated to light fare and drinks from clients of ProfitPoint, including Lotsa Pasta, Wimpys Original, Bonte Wafflerie, Tip O'Leary's, Slack's Hoagie Shack of Springfield and Toll Gate Liquors. Guests toured the facility, enjoyed live music, and learned more about the products and services available through ProfitPoint. All attendees received a gift package containing Gift Cards redeemable at local ProfitPoint customers.
"We are excited to announce our new corporate headquarters in Clifton Heights and celebrate our commitment to both employment and economic growth in the Greater Philadelphia region," said ProfitPoint President and Delaware County native Jim Battista. "We currently employ 85 staffers and plan to hire as many as 150 additional employees over the next 2 years."
"We're proud that ProfitPoint chose Clifton Heights," remarked Clifton Height's Mayor Joe Kelly. "They are an asset to our community, and I can't say enough to convey my enthusiasm about the decision to expand their business here."
A spokesperson for ProfitPoint said that the new facility will allow the company to continue to pursue its aggressive internal growth plans as well as execute on strategic acquisition opportunities without having to worry about space constraints associated with the same.
About ProfitPoint, Inc.
ProfitPoint, Inc. is a leading provider of gift and loyalty card services to the small to medium sized merchant community. In 2008, Inc. Magazine ranked ProfitPoint No. 59 on its annual ranking of the 5,000 fastest-growing private companies in America, with three-year sales growth of 2,642.0%. Having its corporate headquarters near Philadelphia, PA, and customer care center in Franklin, TN, ProfitPoint supports its gift and loyalty cards with point-of-purchase accessories, real-time electronic transaction processing and customizable reports for each merchant. ProfitPoint specializes in the design and production of custom gift and loyalty cards, software capability and merchant education to meet each individual client's needs. Now serving more than 20,000 merchant locations nationwide, ProfitPoint produces in excess of fifteen million cards per year and does more than ten million stored value transactions on its proprietary gift and loyalty card platform. For more information, visit www.rewardforloyalty.com.
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