Sladen Hall Chosen as 2008 President's Award Winner

The 2008 President's Award is presented to Sladen Hall (center) by Paragon's Joseph Morabito, President and CEO (right) and Wolfgang Hombrecher, CFO and Sr. VP of Finance (left).

Sladen Hall has been chosen as the 2008 President's Award winner. This $500 grossed-up annual award, plus an additional week of vacation, and dinner with Paragon's senior management, is the highest honor Paragon can bestow on an employee and recognizes Hall as "the best of the best" among Paragon staff members. He has been instrumental to our growth and through his leadership has contributed to the stability of the Company.

Hall’s efforts during 2008 will have a profound impact on Paragon for many years to come and will positively impact our financial results as we move forward. Thanks to Sladen’s leadership, profitability analysis became an instrumental management tool used to assess the financial health of our client relationships. The profitability analysis was the original catalyst to the re-pricing of many of our accounts. This re-pricing was a significant element to Paragon’s 2008 financial success.

Hall also assisted in managing the disbursement function and making important corrections to processes in regards to our relationship with India. Largely due to his skills and by carefully evaluating the department’s activities, he introduced measurement tools that helped evaluate performance. Slowly but surely and after much adversity, the hard work has yielded its expected return and the disbursement function began accomplishing its goals. Today, our disbursements group in India is viewed as an important asset to the organization. We commend Hall on his many achievements during 2008.

Some of the specific qualities the President's Award nominee include:

Joshua Hyatt, Manager, Global Business Development, was named as the 2008 Million Dollar Club Award winner. This is Josh's second consecutive win. The award recognizes any salesperson in the company who signs a million dollars or more in annualized revenue during the calendar year.

Josh was responsible for bringing in 40% of Paragon's total sales volume in 2008. He joined Paragon in 2004, working in the marketing department, and moved to sales a little over two years ago. Congratulations to Josh on achieving this very impressive career milestone.