Service Manager Awarded RentWay's Highest Honor ERIE, Pa., March 1 /PRNewswire-FirstCall/ -- Derrick Peterson, Service Manager at RentWay's Service Center in Ashland, VA, was awarded the 2004 Bill Morgenstern Spirit Award honoring the top two associates whose exceptional character and performance have made a positive, lasting difference at work and in the community. Peterson and Melani Scott from Erie, PA were selected from an organization of over 4,200 employees as recipients of this prestigious award. The award is named after the company's founder and current Chairman and CEO Bill Morgenstern. The awards were presented at Caesar's Palace in Las Vegas on February 13, during RentWay's annual Store Manager's conference. Those who nominated Peterson for the Spirit Award noted his "commitment to improving the lives of people in his community by undertaking a number of service projects such as coaching youth football, tutoring elementary and secondary school students and mentoring at-risk youth." He also serves as a voter registration coordinator, and is campaigning to restore voting rights for former felons. As part of the "My Buddy" program, Peterson helps individuals in adult-assisted homes by transporting them to church every Sunday. "Derrick is a unique and inspiring individual both to the team of technicians he supervises at RentWay and to the community he loves and serves as well," said Bill Short, RentWay's Chief Operating Officer. "I want to thank Derrick and everyone else on our team that works so hard every day to make a difference in the workplace and in the communities we serve." RentWay (NYSE:RWY) is one of the largest Rent-To-Own companies in the United States with 766 stores in 34 states. The company rents quality name brand appliances, computers, electronics and furniture. DATASOURCE: RentWay CONTACT: Larry Gorski, Vice President Human Resources of RentWay, +1-814-461-5291, or Web site: http://www.rentway.com/

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