|13,700 Entries, Ten Staples(R) Invention Quest(TM) Finalists; Which One Will Be The Next Great Office Product?|
Vote Online To Help Make Your Work Life Easier and Someone $25,000 Richer
FRAMINGHAM, Mass., Aug. 11 /PRNewswire-FirstCall/ -- If you think it's a challenge to build a better mousetrap, how about improving something as simple and ubiquitous as a Number 2 pencil? A Staples(R) Invention Quest(TM) finalist thinks she has the answer, along with nine other office product innovators who have ideas to make work life easier. Today, Staples (Nasdaq: SPLS) announced its 10 Invention Quest finalists competing for $25,000 and a chance to have their idea created and sold by Staples. Now it is up to America to help vote online at http://www.staples.com/iq for the best product to make their life and workday easier.
To view the Multimedia News Release, go to: http://www.prnewswire.com/mnr/staples/22500
"Staples Invention Quest gives our customers the opportunity to bring their own office product innovations to life," said Mike Miles, chief operating officer for Staples, Inc. "We've identified 10 finalists from more than 13,000 submissions and now we're inviting America to help us pick the next breakthrough product that will make work life easier."
The public can cast an online vote for their favorite Invention Quest
finalist from August 10-24. To vote, simply log on to
http://www.staples.com/iq to review the top contenders and select the office
product idea that best fulfills an unmet need. The product receiving the most
online votes will receive one extra vote during the final judging on September
This year's Invention Quest generated more than 13,700 entries for new office product ideas designed to make work-life easier. Each of the ten finalists' inventions were selected as the most innovative ideas for a new office product solving everyday challenges. Finalists will attend an awards ceremony in New York City on September 7, 2005, where Staples will choose one winner who will receive $25,000 and royalties if Staples manufactures and sells the product. Nine runners up will receive $5,000 each.
Staples Invention Quest was created to make it easy for everyday inventors to share their new product ideas. The world's leading retailer of office products, Staples is continuously searching for innovative office products to add to its growing line of Staples brand products and aims to become the leading office products brand. Staples Invention Quest is one way the company finds new innovations to bring to life as Staples brand exclusives.
About Staples Brand
Staples brand products are an easy choice of quality products at guaranteed low prices. Staples offers its customers more than 1,000 Staples brand office products in stores, Staples.com and through catalogs. Products range from ink and toner to paper, filing systems and technology accessories. All Staples products undergo an intense independent laboratory quality-testing program and are 100 percent satisfaction guaranteed.
Staples, Inc. invented the office superstore concept in 1986 and today is the world's largest office products company. With 65,000 talented associates, the company is committed to making it easy to buy a wide range of office products, including supplies, technology, furniture, and business services. With 2004 sales of $14.4 billion, Staples serves consumers and businesses ranging from home-based businesses to Fortune 500 companies in 21 countries throughout North and South America, Europe and Asia. Headquartered outside of Boston, Staples operates approximately 1,695 office superstores and also serves its customers through mail order catalog, e-commerce and contract businesses. More information is available at http://www.staples.com.
SOURCE Staples, Inc.
CONTACT: Deborah Hohler, +1-508-253-8509, Deborah.Hohler@staples.com, or Ross Jacobs, +1-404-879-9155, Ross.Jacobs@ketchum.com, both of Staples, Inc./