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Gold/Mining/Energy : Teknion, why bother with SMED

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To: Ciao who wrote (4)1/17/2000 9:17:00 PM
From: Ciao   of 5
 
TORONTO, Jan. 15 /CNW/ - Teknion Corporation (TSE:TKN), an international
leader in office furniture design, manufacturing and marketing, today launched
Transit Freestanding. Transit Freestanding is a cost-effective, aesthetically
pleasing offering of freestanding desks and returns that provide a versatile,
adaptable office furniture investment for growing businesses.
"Companies in fast-growing sectors, such as technology and e-commerce,
are sometimes reluctant to commit to systems furniture early on because they
are unclear as to their needs as they grow," said David Feldberg, President
and Chief Executive Officer of Teknion Corporation. "Transit Freestanding
addresses this apprehension and lets companies make initial investments in
office furniture that is highly functional, expandable and capable of being
integrated with office systems at a later date."

Transit Freestanding is an extension of the Transit panel system. Transit
Freestanding desk units can be used:
- in open plan offices
- with panels -- Teknion's or competitors'
- in private offices -- drywall offices or in conjunction with Altos,
Teknion's new relocatable, full-height wall system
- with mobile office furniture, such as Teknion's award-winning Ability
line

Transit Freestanding allows growing companies to begin with an open plan
and evolve to a panel system at a later date, or to specify freestanding units
in conjunction with the Transit panel system. There's no loss on the initial
investment, as freestanding components such as worksurfaces, supports and
accessories can migrate easily to a panel environment, or from a panel
environment to a freestanding one, providing minimal inventory management.
Transit Freestanding units adjust in height from 26 to 32 inches and
allow for discreet wire management capability.
Teknion Corporation (TSE:TKN) is a leading international designer,
manufacturer and marketer of office systems and related office furniture
products. Teknion headquarters are located in Toronto, Ontario. The company
employs more than 3,000 people at offices and facilities in Canada, the United
States, United Kingdom, Western Europe and the Pacific Rim and serves clients
through a network of more than 400 authorized dealers worldwide.

-30-

For further information: in Canada: Carolyn Kilbourne, Media Profile,
(416) 504-8464, carolyn@mediaprofile.com; Mark Harris, Marketing
Communications, Teknion Furniture Systems Limited, (416) 661-1577 Ext. 2258,
mark.harris@teknion.com; For more information in the U.S: Shirley Hubers,
Hubers & Associates, (616) 458-9500; Roger Hayes, Director of Marketing,
Teknion, Inc., 877.TEKNION, rhayes@tekus.com
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