In-Home Service Professionals, Inc. Divests from Smith+Noble LLC
23 June 2006
In-Home Service Professionals, Inc. (ISP) which specializes in the management and control of a national network of independent contractors serving the home decor market, announced today that it has divested from Smith+Noble LLC. Smith+Noble is America's leading provider of custom-made window treatments and home decor products and a member of InterActiveCorp (Nasdaq: IACI) a Fortune 500 company and parent to brands like Home Shopping Network, Ticketmaster, ServiceMagic, and Cornerstone Brands.
Recognizing ISP's industry leading practices and performance, Smith+Noble will continue to partner with ISP under a multi-year, multi-channel and multi-product line service agreement. ISP has inked similar agreements with other national retailers, offering customers professional measuring and installation services for all types of home decor products.
"We pride ourselves on offering our customers expert window treatment installation services and an exceptional customer service experience," says ISP Director of Field Services Bryan Long. "Becoming an independent company will allow us to greatly expand our customer base while maintaining our commitment to providing customers with services of the highest quality."
Over the next year, ISP will be activating its list of highly qualified installation contractors nationwide. The increase in volume of work as a result of the additional national accounts will allow ISP to better support a larger staff of highly skilled contractors, stabilize national pricing, and increase contractor retention.
One of ISP's first projects as an independent company will be to provide services for Smith+Noble's national rollout of the Measure+Install program. By the end of summer 2006, Smith+Noble's Measure+Install program will be available to its customers nationwide. "Smith+Noble customers have responded with great enthusiasm to the service and professionalism that ISP installers provide," said Jon Bernstein, President, Smith+Noble.
The divesture was effective June 20th, 2006. Under the terms of the divesture agreement, ISP will become a completely independent company from Smith+Noble and IAC.
About Smith+Noble
Smith+Noble is America's leading resource for window treatments and select custom home furnishings. Since 1987, we've been offering consumers custom, perfect-fit blinds, shutters, shades and panels without the custom price or hassle. Shop online or through catalogs, whichever you prefer. Our mission is to provide the best value in high-quality window treatments -- and the best service experience.
Source: prnewswire
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