Q-Media selected as supplier for Telus; signs strategic distribution agreement with 3COM
Company extends full range of supply chain management services to Telus' Internet Products and strengthens relationship with 3COM
VANCOUVER, Feb. 26 /CNW/ - Q-Media Services Corporation (Q-Media - TSE:QMS), a leading supply chain management company serving the technology and publishing industries, today announced that it has been selected as the supplier for the roll-out of Telus' retail Internet products at the retail outlets owned and operated by Telus, in February 2001. Q-Media provides a full range of supply chain management services including planning and materials procurement, printing, CD and DVD mastering and replication, package assembly, and Web-based order fulfillment and e- commerce support services. Q-Media, which has been providing Telus with standalone supply chain management services for the company's Dial Internet Product since 1999, will now expand the full range of its services to the Dial Internet Access, High Speed Internet Access and Quick Connect Access product lines for Telus' Consumer and Small Business Groups. Specifically, Q-Media will plan and procure all materials, assemble packages, provide inventory management, and will ensure distribution and delivery of consumer and retail Internet product kits for the two business groups respectively. "We expanded our relationship with Q-Media because they have played an integral part in ensuring that we continue to get our products to market," said Mike Black, Director, Consumer Access Marketing for Telus. "Even during our merger with BC Tel, which was a time of significant change for Telus, Q- Media adapted to our changing needs and requirements and continued to ensure the production and timely delivery of our products." Although terms of the deal were not disclosed, the two-year agreement is expected to generate increased revenues for Q-Media, as Telus continues the expansion of its business in Canada. The agreement is also indicative of the impact of the growth of the Internet on Q-Media's business. The expansion of the relationship with Telus also means that Q-Media will have input in the process of developing and launching new products including managing artwork changes and packaging design for Telus. "We are extremely pleased that our relationship with Telus has grown," said Q-Media president Robert Lawrie. "This is a clear example of Q-Media's philosophy of doing business, that is, of becoming an extension of our customer's team." In a related move, to facilitate and enhance the supply chain for Telus, Q-Media has entered into a strategic distribution agreement with 3COM in Chicago to incorporate that company's modems into Telus' Quick Connect Kits. "The strategic location of our key facilities across North America provides us with the largest distributed production capacity in the industry," said Lawrie. "In the case of Telus, securing an agreement with 3COM helped us demonstrate how we can strengthen the supply chain management process," he added.
About Q-Media Services Corporation Founded in 1986, Q-Media Services Corporation is a supply chain management company serving the technology and publishing industries. The company has 700 employees and operates seven supply chain management facilities at locations in Vancouver, Canada; Redmond, Washington; Fife, Washington; Irvine, California; Austin, Texas; Nashville, Tennessee; and Westborough, Massachusetts. Q-Media's services include planning and materials procurement, printing, CD and DVD mastering and replication, package assembly, and Web-based order fulfillment and e-commerce support services for customers including Microsoft, Dell, Gateway, Toshiba, Hewlett Packard and Telus. Shares of Q-Media Services Corporation are traded on the Toronto Stock Exchange under the symbol QMS. U.S. S.E.C. exemption: 12g3-2(b) 82-3761. Further information on the company can be found at www.qmedia.ca
Forward-Looking Statements Investors should take note that certain statements in this news release are forward-looking and may not give full weight to all of the potential risks and uncertainties. These forward-looking statements include statements that are subject to risks and uncertainties. Forward-Looking statements are subject by their nature to risks and uncertainties, and actual results, actions or events could differ materially from those set forth in the forward-looking statements. Any forward-looking statements speak only as of the date made. The Company is not undertaking to update any information in the foregoing reports until the effective date of its future reports required by the securities laws.
Note to Editors: A Fact Sheet and Backgrounder on Q-Media are available.
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For further information: Media - to schedule an interview with a spokesperson, please contact: For Q-Media: Shafiq Jamal, Barr and Wilcox Group, (604) 488-1100, ext. 226, sjamal@barr-wilcoxgroup.com; For Telus: Doug Strachan, Director, External Communications, (604) 432-2663, doug.strachan@telus.com; Investors: John Longley, Chief Financial Officer, (604) 232-5751, shareholder@qmedia.com |