Recent Developments
In 2003, Staples launched Invention Quest!™ in search of the next great office product. This nationwide competition resulted in more than 8,000 entries and an award ceremony at NASDAQ in New York. Invented by Todd Basche, the winning product was The WordLock™ — a combination lock that uses easy-to-remember words instead of numbers — and will be available in Staples stores early in 2005. Meanwhile, Staples annual Invention Quest competition demonstrates Staples’ commitment to making it easy to innovate. Also in 2004, Staples announced the new One touch™ stapler, a revolutionary stapler that uses staple gun power to staple as many as 20 sheets of paper at once — with just a touch of the finger.
