I Love Rewards Announces Record Breaking Quarter One Results

Boston & Toronto, February 24, 2011 -- I Love Rewards®, the leader in employee rewards and recognition solutions, today announced record results for Q1 with 83% increase in gross billings and 118% growth in new customer acquisition year-over-year.

“We are excited to celebrate our most successful quarter to date, and the positive impact our programs have on employee engagement in our client’s organizations,” said Razor Suleman, CEO and Founder, I Love Rewards®. “I Love Rewards®’ mission is to Change the Way the World Works, and our employees are the foundation for success in reaching that goal.”

Quarter One brought more record breaking results for I Love Rewards® including:

  • 83% increase in gross billings year-over-year
  • 118% growth in new customer acquisition year-over-year
  • 160% increase in employee base year-over-year
  • Customer acquisition includes Deloitte, Kinross Gold, Jenny Craig, and Delta Dental.

"Human Arc partnered with I Love Rewards® to implement a customized program to increase employee engagement by using an interactive recognition and rewards solution," said Janet Kendall White, Human Capital Management Leader, Human Arc. "I Love Rewards® continuously goes above and beyond to ensure we are not only satisfied, but ecstatic with our personalized platform."

I Love Rewards®’ award-winning platform is available to organizations of all sizes looking to drive employee performance through a fully customized web-based program with unparalleled functionality. The interactive platform provides performance-based recognition and rewards in the form of points that can be redeemed for meaningful rewards including Apple electronics, Visa Reward Cards, and Expedia travel.

About I Love Rewards®:

I Love Rewards® is an employee recognition solution that helps companies recognize brilliant performance and empowers employees to choose their own rewards. Unlike traditional service award programs, I Love Rewards® creates authentic moments of recognition that resonate with workers of every generation. On the web at www.iloverewards.com