PrimeRevenue Wins the Daily Report’s “Legal Departments of the Year Award”

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Leading Supply Chain Finance Provider Recognized for Best In-House Use of Technology

PrimeRevenue Inc., the leading SaaS platform for global supply chain finance, today announced that it was awarded the Daily Report’s “Legal Department of the Year Award” for best in-house use of technology.

Launched in 2012, the Daily Report’s Legal Departments of the Year competition honors the state’s best in-house legal departments. These departments serve internal clients successfully, manage outside counsel effectively, make innovative use of technology, and foster a sense of teamwork among their staff. Winners are being recognized during an event on November 29th, 2012, at the Ritz-Carlton Hotel in Atlanta, Georgia, and featured in the November 28, 2012, issue of the Daily Report.

PrimeRevenue’s legal team successfully manages all aspects of the Company’s complex legal affairs and works diligently to develop pioneering business agreement structures and legal relationships, which advance the goals of PrimeRevenue and its clients while minimizing legal risks for their worldwide operations.

“PrimeRevenue is an innovative and constantly evolving technology company. It is imperative that its legal and contractual arrangements keep pace with our corporate strategy and expanding product offerings,” said David Quillian, Vice President and General Counsel. “Our PrimeRevenue OpenSci™ solution supports supply chain financing for 12,000 suppliers in 37 countries and using 17 different currencies. There are currently 38 different financial institutions providing financing using the OpenSCi platform. Given that PrimeRevenue operates the largest supply chain finance programs in the world, we remain focused on developing leading products through legal innovation, such as our SciDraft™ product, which provides for the more efficient delivery of financing to major corporations’ global supply chains than has previously been available in this industry,” concluded Mr. Quillian. “We are very proud that members of PrimeRevenue’s legal team are noted as inventors in the patent applications relating to the SCiDraft product, as well as other patent pending products that PrimeRevenue offers” noted Heather K. Peck, PrimeRevenue’s Assistant General Counsel.

About PrimeRevenue, Inc.

For Global 2000 organizations who view their supply chains as a strategic asset and are seeking to increase supply chain efficiency, PrimeRevenue is the leading provider of multi-bank Supply Chain Finance (SCF) technology and services. The PrimeRevenue OpenSCi™ SCF platform and working capital advisory services provide these organizations with the control and flexibility required to drive superior SCF results, reducing cost and capital risk throughout their supply chains and forging stronger supplier relationships. Headquartered in Atlanta, Georgia, USA, PrimeRevenue also has offices in London, Paris, Frankfurt and Prague in Europe, as well as in Melbourne, Australia, and Hong Kong SAR, and operates some of the largest SCF programs for customers around the globe. For more information, visit http://www.primerevenue.com
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Contact:
Oana Leventi-Perez
PrimeRevenue, Inc.
(o)+1-404-665-3768
(c)+1-678-368-2583
oleventiperez(at)primerevenue(dot)com

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