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FreeFlow announced as Best Managed Company for Third Consecutive Year

Tralee, Ireland, March 20, 2012 – FreeFlow, the world’s leading provider of market solutions for surplus consumer electronics, has re-qualified as one of Ireland’s ‘Best Managed’ companies in the Deloitte Best Managed Companies Awards Program. FreeFlow was first recognized as a Best Managed Company in 2010. In association with Irish Life Corporate Business, the competition recognizes companies across Ireland at the highest levels of business performance. The independent judging panel reviewed a broad range of criteria including strategy, capability, commitment, financials and growth potential across all key functions of the business.

Alan Scroope, CEO, FreeFlow commented: “FreeFlow’s sustained growth and profitability over an 11-year period proves the viability of the global secondary market for consumer electronics, and increasingly, wireless products. Deloitte’s repeat recognition this year reinforces that uniting a global team around delivering compelling market solutions is a winning strategy of the best of companies.”

Commenting on the winners of the Deloitte Best Managed Companies Awards Program, Brendan Jennings, Managing Partner, Deloitte and judging panel member said, “Huge congratulations must go to all the winners of this year’s program. The judging panel was extremely impressed with the innovative strategies that are being adopted by Irish management teams. From diversification strategies to a particular focus on foreign expansion and overseas markets, Irish companies are exploiting new and exciting opportunities to ensure growth in their companies.”

FreeFlow is a recognized partner of leading wireless and consumer electronics companies, building secure alternative channels for selling inventory surpluses and returned merchandise. The company’s branded and anonymous private marketplaces allow stock to be sold at auction, fixed price, or minimum price. Auction and member privilege dynamics improve bidding performance for increased value.

With market research and pricing analysis, integrated performance metrics and end-to-end business support services, FreeFlow provides low cost, secure, high recovery solutions for consumer electrical surpluses at every stage of the product lifecycle.

About FreeFlow

FreeFlow has proven to be a successful partner by addressing its clients’ needs to build secure alternative channels for surplus inventory. Slow-moving, aging or end-of-life finished goods as well as consumer returns sold as-is, or refurbished, represents a multi-million dollar market for FreeFlow’s Global 2000 customers.

For further information, contact www.freeflow.com.

About Deloitte Best Managed Companies Awards

The Deloitte Best Managed Companies Programme, in association with Irish Life Corporate Business, promotes and recognises excellence in Irish owned and managed companies. It is the only awards scheme on the island of Ireland that considers a business’ performance from every perspective. Entrants to the programme will compete for this designation in a rigorous and independent process that evaluates the calibre of their management abilities and practices.

Programme sponsors are Irish Life Corporate Business, the Irish Management Institute and the Sunday Business Post.

For further information, visit www.deloittebestmanaged.ie.

International History of Best Managed Companies Programme

The Best Managed Companies Programme originated in Canada in 1993, where it has been run successfully ever since and is the country’s leading business awards programme. In addition to Ireland and Canada, the programme is also run in The Netherlands and Mexico.

 

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