The Principal Financial Group Makes "Magnificent Seven" and Tops National List of Innovative Users of Technology for Tenth Year
October 2, 2007 (Des Moines, Iowa) — For ten years the Principal Financial Group® has made the prestigious InformationWeek 500 - this year ranking 22nd on the annual list of the most innovative users of technology. The Principal® is also a member of InformationWeek's "Magnificent Seven" - ranking third on the list of the seven companies that rank the highest, by average, on the InformationWeek 500 list over the last five years.
"To be recognized consistently for investing in — and using — technology to innovate is a true honor, and something in which The Principal takes great pride," said Gary Scholten, senior vice president and CIO of the Principal Financial Group. "The collaboration between our IT and business professionals creates great new ways of engaging customers, with an eye on using resources efficiently."
Technology Makes Wellness Work — Whenever, Wherever
Creating consistent reporting and remote connectivity for Principal Wellness Company contributed to the most recent InformationWeek 500 recognition.
The Principal Wellness Company conducts thousands of on-site health screenings each year at businesses located across the United States. The screenings offer health status information and help participants identify serious health risks and set goals. A personalized Health Risk Analysis Report is provided after each screening. Often there is no way to connect to the company's network, which could adversely affect the consistency and speed of reporting.
The Principal and its health information technology department created a solution that allows the health screening specialists to create reports while at remote locations, providing customers timely information and screening findings. Health screening participants are also able to view their Health Risk Analysis Report online.
"Information technology at The Principal is successful because the technology approach and resulting innovation are based on business strategy. Providing flexible remote connectivity for Principal Wellness Company as they serve health customers with consistent reporting is a great example of this," noted Scholten.
For nearly 20 years, InformationWeek 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. Additional details on the InformationWeek 500 can be found online at www.InformationWeek.com/iw500/.
About InformationWeek (www.InformationWeek.com)
InformationWeek is the leading multimedia Business Technology brand — online sites, magazine, events and research — providing CIOs and IT decision makers with unique perspective and tools that work in lock step with their decision making process — from the setting of business strategies to the evaluation and recommendation of technology solutions.
Through its cross-media platform, InformationWeek provides editorial content developed by both journalists and CIO and IT peers delivered when and how they want it, 24/7. For technology marketers, InformationWeek offers a dynamic portfolio of products to engage and align with the largest, most influential buying audience in the market. This means marketing solutions that target broad audiences (reach), as well as media programs organized by content themes and specific audience segments (composition). The InformationWeek audience of three million buyers includes CIOS, IT executives and business managers who cut across industries, job titles, company sizes and global borders.
About CMP Technology (www.CMP.com)
CMP Technology is a marketing solutions company serving the technology industry. Through its market-leading portfolio of trusted information brands, CMP has earned the confidence of more technology professionals than any other media company. As a result, CMP is the premier provider of access, insight and actionable programs designed to connect sellers and buyers in ways that yield superior return on investment. CMP Technology is a subsidiary of United Business Media (http://www.unitedbusinessmedia.com), a global provider of news distribution and specialist information services with a market capitalization of more than $3 billion.
About the Principal Financial Group
The Principal Financial Group® (The Principal®)1 is a leader in offering businesses, individuals and institutional clients a wide range of financial products and services, including retirement and investment services, life and health insurance, and banking through its diverse family of financial services companies and national network of financial professionals. A member of the Fortune 500, the Principal Financial Group has $282.1 billion in assets under management2 and serves some 18.1 million customers worldwide from offices in Asia, Australia, Europe, Latin America and the United States. Principal Financial Group, Inc. is traded on the New York Stock Exchange under the ticker symbol PFG. For more information, visit www.principal.com.
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1)"The Principal Financial Group" and "The Principal" are registered trademarks of Principal Financial Services, Inc., a member of the Principal Financial Group.
2) As of June 30, 2007.
