Graybar Named to Fifth Consecutive CMP MEDIA InformationWeek 500

For first time, Graybar breaks through Top 100, is recognized for "Great Ideas"

ST. LOUIS, Sept. 24, 2007 - Graybar has announced that for the fifth consecutive year it has been named to CMP Media LLC's InformationWeek 500, a prestigious listing of the most innovative users of information technology in the United States.

For the first time, Graybar broke through the Top 100 to rank 88th in the "Top 250 Innovators" listing. Graybar was also recognized in the "20 Great Ideas" section for its use of a wireless delivery tracking system in an article entitled "Cell Phones Fuel Supply Chain."

For nearly 20 years, InformationWeek 500 has identified and honored the nation's most innovative users of information technology with its annual listing. The list is unique among corporate rankings because it spotlights the power of innovation in information technology rather than simply identifying the biggest IT spenders. This is the nineteenth year for the listing, which was announced at the InformationWeek 500 Gala Awards Ceremony on Sept. 17.

The recognition from InformationWeek comes as Graybar continues to leverage technology to improve processes and efficiency in the distribution industry. In 2004, Graybar successfully completed the installation of its $100 million SAP Enterprise Resource Planning (ERP) system, implementing more functionality to more users in less time and at a lower cost than any other wholesale distributor in the U.S.

"We are constantly finding more ways use technology to increase our productivity and add to our company's success," said Robert A. Reynolds Jr., Chairman, President and CEO, Graybar. "Our results and recognition like this clearly show the benefits of our IT investment. But, more importantly, we are using technology to continually optimize our business processes to deliver more value for our customers, suppliers and shareholders."

The InformationWeek 500 recognition is one of several honors Graybar has recently received.

Others include:

  • On the Fortune America's Most Admired Companies listfor the sixth consecutive year (2007)
  • #1 in the Wholesalers: Diversified industry category of the FORTUNE America's Most Admired Companies list (2007)
  • #450 on the 2007 Fortune 500 ranking of America's largest companies
  • #50 on the Forbes America's Largest Private Companies List (2006)
  • #15 on the National Center for Employee Ownership's Top 100 ranking (2007)