ITEC Announces New Distribution Agreement in Bolivia with ATMA
SAN DIEGO, July 28 /PRNewswire/ -- Imaging Technologies Corporation (Nasdaq: ITEC), a pioneer in the development of digital imaging color solutions, today announced it has signed a distribution agreement with Bolivia's ATMA Sistemas Graficos distribution company, a leading distributor headquartered in La Paz, Bolivia.
"This is part of our strategic business plan to begin or expand the sale of our products in markets throughout the world," said Brian Bonar, ITEC CEO. "ATMA will open up this portion of the world for us by educating consumers on our hardware and software products. We anticipate great success within this market."
Bolivia's ATMA distributes a wide array of software and hardware focused at the Professional Printing market segment. Bolivia is in central South America, with a population of more than 8 million.
"ITEC's range of products are a great asset to ATMA," said Juan Rivera, President of ATMA. "We believe the market is now ready for this caliber of products."
About Imaging Technologies Corporation
Imaging Technologies Corporation (Nasdaq: ITEC) is a worldwide pioneer in the development, manufacturing, licensing and distribution of high-quality digital imaging solutions. Founded in 1982 and headquartered in San Diego, California, the company produces imaging products for diverse market segments. Beginning with a core technology in the design and development of Adobe(R) PostScript(R) controllers for non-impact printers and multifunction peripherals, the company has expanded its product offerings to include monochrome and color printers, printer controllers, external print servers, and software to improve the accuracy of color reproduction. Information on the company is available at the ITEC Web site at www.itec.net.
Forward-Looking Statements
Statements in this press release may constitute forward-looking statements and are subject to numerous risks and uncertainties, including the failure to complete successfully the development of new or enhanced products, the Company's future capital needs, the lack of market demand for any new or enhanced products the Company may develop, any actions by the Company's partners that may be adverse to the Company, the success of competitive products, other economic factors affecting the Company and its markets, seasonal changes, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission. The actual results may differ materially from those contained in this press release. The Company disclaims any obligation to update any statements in this press release.
SOURCE Imaging Technologies Corporation
CO: Imaging Technologies Corporation; ATMA Sistemas Graficos
ST: California, Bolivia
IN: CPR
SU:
07/28/99 08:31 EDT prnewswire.com |
