CEO of e-LYNXX Corp. Named Innovator of the Year

The Greater Chambersburg Chamber of Commerce has recognized William Gindlesperger, founder, chairman, and chief executive officer of e-LYNXX Corp., for his invention of a business methodology that significantly changes how organizations procure specification-defined goods and services. He received the chamber’s annual "Innovator of the Year Award."

The award is for the person who has successfully introduced, through innovation and risk-taking, a new product or service or grown an existing product line through a unique approach.

"Being recognized by fellow hometown business leaders is one of the best of honors," Gindlesperger said upon receiving the award. "Our success at e-LYNXX Corp. is the result of our experienced team working together. We look at how things are done today, and then we look at how things could be done better given a different twist, a new paradigm or the advantage of enhanced technology. The end result is that we offer services to organizations that save them a significant amount of money. Major organizations throughout North America benefit from what we do, saving about 40 percent on what they purchase. These enormous cost reductions are real and are compared to prior costs using the most competitive method previously known, including spot bidding and reverse auctions."

Gindlesperger submitted his competitive procurement business methodology to the U. S. Patent Office in 1998 and after 10 years of in-depth reviews received U. S. Business Method Patent No. 7,451,106 on Nov. 11, 2008. This business method patent is not simply the computerizing of an existing method. Rather, it is the invention of a novel process that had not been found anywhere in prior art when the patent application was filed.

Known as The Gindlesperger Method, the new methodology is a way for organizations to reduce significantly what they spend on commercial print, construction services, direct mail, labels, machined parts, marketing materials, product packaging, temporary staffing, textiles, transportation, trucking or anything else that requires specifications to be defined before the product or service is ordered.

"This creates a virtual pipeline to and from the buyer’s own pre-qualified suppliers across the country," Gindlesperger said. "It eliminates the need for excess inventory, because it allows the buyer to control precisely when and what to order, knowing that there are pre-qualified suppliers in its network that are waiting for the opportunity to produce the product."