LONDON, July 28, 2010 /PRNewswire/ -- The cream of British commerce is lining up for the prestigious National Business Awards, and Retail Decisions (ReD), the world leader in payment fraud prevention, has been selected for one of the premier honours.
ReD is one of just ten chosen finalists in this year's Grant Thornton Mid-Cap Business of the Year Award category, which is solely open to entry by nomination.
The renowned National Business Awards, in partnership with Orange, recognise the very best of Britain's most successful businesses, both public and private, of all shapes and sizes - from the hands-on and entrepreneurial, to the large and globe-spanning.
The Mid-Cap Business of the Year Award judges businesses with a turnover of between GBP23 million to GBP500 million, and the winner's prize will go to the company which has excelled in all aspects of its performance, demonstrating the most outstanding financial returns, the strongest growth, exceptional innovation strategies and market prominence in its sector.
Carl Clump, CEO of ReD, says: It is an honour to be nominated for this award in our tenth anniversary year, and to be recognised for the continuing success of our business. Year on year since 2000, ReD has seen an 18% compound growth in revenues and a 39% compound increase in operating profit. We will continue to provide cutting edge fraud prevention technology to our customers, allowing them to increase their operational efficiency while lowering internal costs.
Alex Evans, Editorial Director and Head of Judges of the National Business Awards applauded ReD's achievements: Retail Decisions has been identified as a strong contender for this year's Grant Thornton Mid-Cap Business of the Year Award. Delivering for major clients including Walmart, ReD saw a 74% rise in sales in 2009. In addition to this impressive growth, it also enjoys a positive profile as a credit card fraud busting software provider.
After scrutinising past success, current performance and future potential, the judges' results will be announced at a ceremony on Tuesday 9 November at the Grosvenor House Hotel, and the winning company will be held up as an example of excellent practice and an inspiration to all businesses.
NOTE TO EDITORS:
CONTACT US FOR A BRIEFING WITH CARL CLUMP, CEO OF RETAIL DECISIONS.
About Retail Decisions
Retail Decisions (ReD) is a world leader in card fraud prevention and payment processing. A specialist supplier to the payments industry worldwide, ReD has over 20 years experience in the fraud prevention market. Its blue-chip international clients come from the global telecommunications, retail, travel, petroleum, banking and the broader e-commerce sectors. They include Wal-Mart, Macy's, Bloomingdale's, Sears, Tesco, Texaco, Shell, Asda, Boots, John Lewis, The Carphone Warehouse, Comet, Travelocity, T-Mobile and Virgin Mobile. The company has offices in the United States, UK, Mainland Europe, Australia, China and South Africa with representation in India, Japan, and South America.
More information about ReD please visit: http://www.redplc.com
SOURCE: Retail Decisions (ReD)
CONTACT: Carl Clump, CEO, Retail Decisions Ltd, Tel : +44(0)1483-794926,Email : @redplc.com; Kami Boyer, Head of Group Marketing, Retail DecisionsLtd, Tel: +44(0)7900-577276, Email: kboyer@redplc.com; Angela Yore Francesca Walker, PR Office, SkyParlour Limited, Mobile:+44(0)-7738-822956, Tel : +44(0)1625-525-441, Email : angela@skyparlour.com
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