**IMGX INFO**
-First and formost, only 3 million float... volume surged in the final few minutes of trading yesterday.
-per the companies website, they say they are the "Primary Printing Resource" for AMZN.
-also they "primary printing resource" for Polygam Records and Concur technologies.
-IPO Central Snapshot:
ImageX.com wants to eliminate pesky trips to the printer
by offering commercial printing services at the click of a
mouse. Medium-sized and large businesses in need of
custom-printed letterhead, marketing materials, and
other items can log on to the company's Web site,
create a printing catalog containing their own logos and
specifications, and enter printing orders online.
ImageX.com then directs the orders to company-owned
or affiliated printing companies and manages fulfillment
and delivery. The company, founded in 1995, counts
Amazon.com, FileNet, and Visio as customers. Acorn
Ventures controls about 18%; Technology Partners,
15.5%; and Ask Jeeves co-founder Garrett Gruener
(through Alta Partners), about 9%.
Sales up 1000% from 300k to 3 mil for 6 months
-A couple ideas of customer success stories (paraphrased from their website):
GTE Wireless
- replace process of faxing approvals back and forth
- reduction of errors during the paper-based proofing process (done online now thanks to IMGX)
- allowing remote offices to order own printing online now
- ability to check orders online at anytime
Verifone (division of Hewlett Packard)
- real-time ordering capabilities now
- customized website that "locks in" corporate standards to insure brand consistency
- IMGX prints, ships, and tracks smaller orders as requested by Verifone
- Allows authorized employees worldwide to order anytime, anywhere, online
- Verifone had a corporate mandate to use the internet, and IMGX delivered
Coinstar
- Again, brand consistency insured by IMGX ordering process
- Tracking and batching of orders helps the company save money
- And just like the others, ease-of-use and worldwide ordering capabilities
-Partners include ARBA, Concur, Corporate Express, Silicon Valley Bank
-other customers include DLJ, FileNet, and Visio.
-sales for 6 months ended 1999 are up 1000% from $300k to $3 million
- imagex.com
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Jason |
