IDG’s CIO Magazine Announces Winners OF 14th Annual CIO Enterprise Value Awards

FRAMINGHAM, MA – NOVEMBER 1, 2005 – IDG’s CIO magazine today names the 11 recipients of the 14th annual CIO Enterprise Value Awards. Underscoring the collaboration between information technology (IT) and business management, this prestigious honor is bestowed upon a select group of organizations that clearly demonstrate how they leverage IT to achieve business objectives and produce ROI (return on investment).

This year’s CIO Enterprise Value Award winners are:

Banking & Brokerage: U.S. Bank

Government: U.S. Department of Defense’s Standard Procurement System

Health Care: Providence Health System – Oregon

High Tech: ADP Dealer Services Group

Insurance: The Hartford Financial Services Group, Inc.

Management Services: PHH Arval

Manufacturing: General Motors OnStar

Media/Entertainment and Travel/Leisure: Hilton Hotels Corporation

Nonprofit: Fairfax County Public Schools

Retail/Wholesale and Distribution: Toshiba America Business Solutions, Inc.

Telecom and Utilities: BellSouth Corporation

Honorable Mentions: AARP & Citigroup

"In the 14 years we’ve been producing the CIO Enterprise Value Awards, we’ve seen a growing sophistication in the value of our winners’ IT initiatives," says Abbie Lundberg, editor in chief, CIO magazine. "This year’s winners hit more often and more deeply on multiple pillars of the different types of value we look at: the strategic, financial, operational, customer and even social impact of what they’ve achieved."

The Enterprise Value Awards are bestowed on organizations that have created information technology (IT) systems that demonstrate business value and return on investment (ROI) across the enterprise. The IT system must be active for at least a year and is judged on strategic value, customer impact, financial return, operational efficiency and social impact. This year’s CIO Enterprise Value Award winners will attend an invitation-only awards ceremony at the upcoming CIO|06 conference in Phoenix (www.cio.com/conferences).

CIO Enterprise Value Award entries are subjected to a rigorous judging process during which their nominated systems are heavily screened, scrutinized and evaluated by a review board of seven and a judging panel of five. This year’s CIO Enterprise Value Award judges are:

• Gregor Bailar, CIO, Capital One Financial Corp.

• John Glaser, CIO, Partners HealthCare System Inc.

• Rebecca Rhoads, CIO, Raytheon Company

• Andre Spatz, CIO, United Nations Children’s Fund (UNICEF)

• William Wray, CIO, Citizens Financial Group

About CIO Magazine

Launched in 1987, CIO magazine addresses issues vital to the success of chief information officers (CIOs) worldwide. The CIO portfolio includes a companion website www.CIO.com, CIO Executive Programs and the CIO Executive Council. CIO properties provide technology and business leaders with analysis and insight on information technology trends and a keen understanding of IT’s role in achieving business goals. The U.S. edition of the magazine and website are recipients of more than 160 awards to date, including two Grand Neals from the Jesse H. Neal National Business Journalism Awards and two Magazine of the Year awards from the National Society of Business Publication Editors. CIO magazine is published in more than a dozen countries, including Australia, Canada, China, France and Germany. CIO Executive Programs— a series of face-to-face conferences including the CIO 100 Awards & Symposium™—provide educational and networking opportunities for pre-qualified corporate and government leaders. The CIO Executive Council is a professional organization of CIOs created to achieve lasting change in critical industry, academic, media and governmental groups. CIO magazine, CIO.com, and CIO Executive Programs, and the CIO Executive Council are produced by International Data Group’s award-winning business unit: CXO Media Inc.

About CXO Media Inc.

CXO Media Inc. produces award-winning media properties and executive programs for corporate officers who use technology to thrive and prosper in this new era of business, including CIO, CMO, CSO magazines and websites, Darwinmag.com and the CIO Executive Council. CXO Media is a subsidiary of International Data Group (IDG), the world’s leading technology media, research and event company. A privately-held company, IDG publishes more than 300 magazines and newspapers including Bio-IT World, CIO, CSO, Computerworld, GamePro, InfoWorld, Network World, and PC World. The company features the largest network of technology-specific websites with more than 400 around the world. IDG is also a leading producer of more than 170 computer-related events worldwide including LinuxWorld Conference & Expo®, Macworld Conference & Expo®, DEMO®, and IDC Directions. IDC provides global market research and advice through offices in 50 countries. Company information is available at http://www.idg.com.

###