Sedona Systems to Acquire Print Data Corp.; Acquisition Prov
Sedona Systems to Acquire Print Data Corp.; Acquisition Provides Important
Marketing Alliance for Launch of REPRINT.COM
PHOENIX, June 2 /PRNewswire/ -- Sedona Systems Corporation
(OTC Bulletin Board: CJMT) announced today that it will acquire Print Data
Corp., a leading distributor of business forms, commercial printing, computer
supplies and services worldwide, and will in the process, gain an important
marketing alliance for Sedona Systems' upcoming launch of REPRINT.COM.
Sedona Systems announced on Wednesday that REPRINT.COM, a new
international overnight document delivery service that utilizes the instant
mass distribution capabilities of the Internet and the latest Internet
technologies, will be available ahead of schedule on or before September 1st,
1999. The service provides a faster and more reliable way to send documents
overseas. Customers simply transmit their documents via the Internet, to a
worldwide network of professional printing facilities for output and delivery
in four hours or less. The site is already accepting letters of interest from
companies that wish to become part of the global network. Corporate and
individual customers may subscribe for future use of the service as well.
"We believe this new Internet site will revolutionize international
overnight document delivery," said Norm Clarke, vice president of Sedona
Systems. "The acquisition of Print Data Corp. will extend that network and
add a substantial customer base of primarily Fortune 500 customers."
The REPRINT.COM network makes it possible to deliver full-color or black-
and-white documents with professional print quality to any of 268 major cities
across the globe. Users simply log on to the REPRINT.COM site and with just a
few keystrokes their documents are transmitted instantaneously to their chosen
destinations for immediate delivery.
Sedona Systems is eager to move forward with the acquisition and the
worldwide launch of REPRINT.COM. The goal is to make this service, which is
becoming increasingly more important in our global economy, available to the
millions of people who currently use international couriers and would delight
in a faster, more efficient system. The opening of the REPRINT.COM web site
is the first step in the company achieving this goal. The acquisition of
Print Data Corp. is a powerful follow-up.
With over 4.8 million in revenues and a customer base comprised of
primarily Fortune 500 companies, Print Data Corp. is in the top ten percent of
all distributors within its industry. The company has locations in New Jersey
and Delaware and has further expansion plans for 1999.
Founded in 1992 and based in Phoenix, Arizona, Sedona Systems
(www.sedona.com) provides innovative printing solutions to Windows and
Macintosh users who need to distribute and print their documents. With
several patents for new technologies and an ever-growing network of print
centers across the world, Sedona Systems is setting the standard in remote
electronic printing solutions.
Sedona Systems and REPRINT.COM are trademarks of Sedona Systems
Corporation. All rights reserved. Some of the product and company names
mentioned herein are for identification purposes and may be trademarks or
registered trademarks of their respective companies.
SOURCE Sedona Systems Corporation
-0- 06/02/99
/CONTACT: Norman E. Clark, Vice President of Sedona Systems Corporation,
602-468-9367/
/Web site: sedona.com
(CJMT)
|
