Office Depot (NYSE:ODP), a leading global provider of office products and services, today announced that its Ativa "Burrito" cable management tool is a CES Innovations 2008 Design and Engineering Award honoree in the Computer Accessories product category.
The Ativa "Burrito" Cable Management Tool is an innovative solution that helps organize workspaces by harnessing and shortening excess cable length. The product was designed in-house at Office Depot by the company's Private Brand product team.
The Ativa "Burrito" can be used for both computer peripherals and electronic devices. Equipped with two suction cups, a magnet, and a Velcro strip, the Ativa "Burrito" securely holds loose cables against any surface, including wood, metal, plastic and glass.
"Office Depot is thrilled to be recognized as an honoree for the CES Best of Innovations Award in this very important category," said Tony Ueber, Senior Vice President of Private Brand for Office Depot. "This unique and innovative product is a true testament to the hard work of the Office Depot team and another milestone for the Company in the category of Private Brand products."
During the 2008 International CES, the Ativa "Burrito" cable management tool will be featured in a special display at the Innovations Plus from January 7-10, 2008, Booth No. 70621 in the Sands Expo and Convention Center.
The "Burrito" cable management tool will be available in early 2008 at Office Depot retail locations and on the Web at www.officedepot.com.
About Office Depot
Office Depot provides more office products and services to more customers in more countries than any other company.
Incorporated in 1986 and headquartered in Delray Beach, Fla., Office Depot has annual sales of approximately $15.5 billion, and employs approximately 52,000 associates around the world. Currently, the Company sells to customers directly or through affiliates in 43 countries.
Office Depot is a leader in every distribution channel -- from retail stores and contract delivery to catalogs and e-commerce. As of September 29, 2007, Office Depot had 1,212 retail stores in North America and another 384 stores, either company-owned, licensed or franchised, in other parts of the world. Office Depot serves a wide range of customers through a dedicated sales force, telephone account managers, direct mail offerings, and multiple web sites. With $4.8 billion in online sales during the last twelve months, the Company is also one of the world's largest e-commerce retailers.
Office Depot's common stock is listed on the New York Stock Exchange under the symbol ODP and is included in the S&P 500 Index. Additional press information can be found at: http://mediarelations.officedepot.com.
