SquareTrade Recognized as Best Place to Work in Bay Area

SAN FRANCISCO, CA--(Marketwired - May 2, 2013) - SquareTrade^®, the top-rated protection plan trusted by millions of happy customers, today announced it has been named one of the Bay Area's top places to work. SquareTrade was singled out for employee collaboration, transparency and its positive work environment. The annual ranking by the Silicon Valley/San Jose Business Journal and San Francisco Business Times was announced Thursday evening at an event attended by nearly 1,000 at the San Francisco Hilton.

This year's Best Places to Work ranking brought nominations from more than 300 companies in 12 counties around the greater Bay Area. Close to 200,000 employees at those companies rated their companies in categories such as overall job satisfaction, trust with coworkers, feeling valued and benefits.

"We have attracted incredibly talented and creative people to work at SquareTrade and our success is a testament to their hard work," said Steve Abernethy, president and CEO of SquareTrade. "When you're disrupting an industry, inspired employees are the breeding ground for almost every great idea. This is certainly the case at SquareTrade where employees constantly generate new ideas for how to improve our customer-friendly protection plans. We are delighted to be recognized as one of the best places to work in the Bay Area, and look forward to another great year."

About SquareTrade

SquareTrade is the top-rated protection plan trusted by millions of happy customers for its fast and exceptional service. SquareTrade protects mobile devices, laptops and tablets, and other consumer electronics and appliances from malfunctions, accidental damage and life's frequent mishaps. Unlike old-fashioned warranties, SquareTrade is designed for today's consumer and uses innovative technology to deliver a zero hassle claims process. SquareTrade has more than 200,000 fans on Facebook, consistently wins industry awards and receives thousands of 5-star reviews for its legendary customer service. Top retailers around the world offer SquareTrade, achieving a 200% increase in sales on average and happier customers. SquareTrade's rapid transformation of the warranty industry attracted one of the largest private capital raises in 2012, with a $238 million round led by Bain Capital and Bain Capital Ventures. Headquartered in San Francisco and London, SquareTrade is privately held. For more information, go to www.squaretrade.com.

SquareTrade is a registered trademark of SquareTrade, Inc. All other company, brand and product names may be trademarks of their respective owners.