Distributor Leverages Major Shift in the Promotional Products Industry to Grow Revenue by 40 Percent through Technology Solutions

AUSTIN, Texas – Dec. 16, 2009 – Boundless Network (http://www.boundlessnetwork.com) today announced that the company experienced 40 percent growth in annual revenue in 2009 despite an average decline of 25 percent across the promotional products industry. The company’s growth was fueled primarily by the success of its technology investments to meet the evolving needs of industry sales professionals and their customers.

“In 2009 the down economy had a significant effect on the industry in terms of declining sales and, more importantly, how sales professionals must manage their business to be successful,” said Henrik Johansson, co-founder and chief operating officer of Boundless Network. “Our ability to grow revenue 40 percent demonstrates that we understand that shift, and we are building solutions for where the industry is headed.”

Boundless Network sustained its rapid growth by bringing together solutions for sales professionals and their customers onto one integrated platform. For sales professionals, the platform helps scale every aspect of their business, from back office to marketing to business planning, and enables them to create leverage to expand within their accounts. For companies, the platform enables them to leverage spend through real-time order aggregation, reduce inventory levels, and streamline the ideation, procurement, and order tracking processes.

2009 highlights for the promotional products company include:

• Achieved 40 percent growth in revenue despite a 20-30 percent decline in sales across the promotional products industry
• Reached 6,000 customer milestone
• Addition of 54 sales professionals, expanding the promotional merchandise distributor’s presence to 24 metropolitan areas
• International expansion into Canada with addition of a Vancouver office
• Won 20 new contracts with national accounts, including CareFusion Corporation (NYSE: CFN), The Canadian Cancer Society, Motorola (NYSE: MOT), MillerCoors and Maruyama

2010 Outlook
Boundless Network will enter 2010 with significant momentum both from a revenue and technology perspective. The company expects to leverage a recent $5 million investment to expand its technology platform for both industry sales professionals and customers. The company also expects to continue winning contracts with national accounts and is actively seeking industry professionals to help manage these new programs.

About Boundless Network
Venture-backed Boundless Network is transforming the $20 billion promotional products industry through a highly trained, professional sales organization and proprietary technology that empowers companies to proactively manage their promotional spend. The company’s patent-pending technology platform connects buyers across organizations to create efficiencies of scale and reduce the cost of branded merchandise by as much as 40 percent. Headquartered in Austin, Texas, Boundless Network is one of the fastest growing companies in the promotional products industry. Visit http://www.boundlessnetwork.com/join for more information.

Media Contact
Branndon Stewart
Director of Marketing, Boundless Network
512.351.3644
bstewart@boundlessnetwork.com

Recruiting Contact
Sarah Philips
512.351.3651
sphilips@boundlessnetwork.com