Outsourcing Center, one of the leading sources of information about outsourcing, announced today the winners of the 2008 Outsourcing Excellence Awards:

An independent panel of industry experts evaluated numerous nominated relationships worldwide. ”The judges rated buyer and supplier partnerships. They looked at how they worked together to achieve mutually beneficial objectives, overcome challenges, and develop innovative strategies for ensuring mutually aligned interests over the long term,“� said Beth Ellyn Rosenthal, Editor, Outsourcing Journal.

The August issue of the Outsourcing Journal (www.outsourcing-journal.com) will feature in-depth articles on each award-winning relationship. Forbes magazine will highlight the winners in its June 2 issue.

”Outsourcing is a complex, multi-faceted engagement, and the ability of a buyer and supplier to work together as partners is required to achieve a successful outcome,“� stated Debra Floyd, COO, Outsourcing Center and director of the awards program. ”All companies engaging in outsourcing will benefit by reading about the winners' lessons learned. They shared their keys to success and collaborative techniques. These relationships achieved notable business outcomes in good times and bad and are exemplary in how they manage their relationships for success.“�

Winners will be honored at an ”Oscars“�-like ceremony in New York City in October, sail on the Forbes Highlander Yacht, and participate in a best practices educational seminar.

Members of the judging panel were Rod Bourgeois, Senior Research Analyst - Technology Services, Sanford C. Bernstein&Co., LLC; John A. Funk, Morgan Lewis&Bockius LLP; Russ Taruscio, FC&A Procurement Director, BP America Inc.; Dawn Evans, President&CEO, Sourcing Interests GroupDarden School of Business, University of Virginia and Peter Bendor-Samuel CEO of Everest Group.

About Outsourcing Center's Outsourcing Excellence Awards

The Outsourcing Excellence Awards recognize the world's best outsourcing arrangements. The judges select relationships which demonstrate best practices, create and sustain a competitive advantage, provide business transformation, achieve value, and mutually benefit both buyer and supplier over time. The Outsourcing Center, an online community specializing in thought leadership, best practices, and innovation in outsourcing, conducts the annual awards program. Everest Group, which helps companies create customized business and sourcing strategies and outsourcing relationships that are tailored to their specific situations, and Forbes Special Sections sponsor the Outsourcing Excellence Awards.