Imagex (IMGX) has a nice b2b niche, with 10 fold growth over last year:
ImageX.com Signs Agreement With Level 3 Communications to Support E-Procurement Customer Network
Business Wire - November 17, 1999 06:16
BELLEVUE, Wash.--(BUSINESS WIRE)--Nov. 17, 1999--
New Agreement with Internet Hosting Company and Recent System
Enhancements Enable the Fast Growing B2B
E-Commerce Company to Meet the Demands of its Fortune 1000 Customers
ImageX.com, Inc. (Nasdaq:IMGX), a leading business-to-business (B2B) e-commerce company, today announced the selection of Level 3 Communications (Nasdaq:LVLT) to support its growing e-procurement network.
ImageX.com will leverage Level 3 Communications' global, high-speed network and data center services to support the company's fast growing online procurement center.
ImageX.com's e-commerce solution enables customers to modify, proof, order and manage printed business materials directly over the Internet. The company serves top U.S. businesses, such as CIBC World Markets; Donaldson Lufkin & Jenrette; Merck; Rhone-Poulenc; and more than 35 e-commerce companies, such as Amazon.com, InfoSpace.com and ShopNow.com. Leading the path as one of the first e-procurement solution providers selected by many of these global companies, the addition of Level 3 will support ImageX.com's accelerated growth with industry-leading Internet services and data center hosting.
"We are very pleased with the extensive, state-of-the-art network Level 3 offers," said Eric Bean, vice president of products and technology for ImageX.com. "Level 3's global network and secure data centers give us the assurance of high availability and unmatched Internet access -- assurances that we can pass along to our customers. This is vital in the services we offer, as our customers are depending upon fast, safe and secure access to the procurement system we provide for them."
"ImageX.com is clearly one of the companies leading the way for business-to-business e-commerce," said Kathy Perone, senior vice president of sales for Level 3. "We are pleased to provide network infrastructure services to help ImageX.com as the company continues to work to bring the best possible online experience for its customers."
Recent Technology Enhancements
In addition to adding Level 3 to its technology platform, ImageX.com has also greatly enhanced its e-procurement technology and user interface with its most recent release of the ImageX.com Online Printing Center(TM). Specifically designed to meet the needs of its Fortune 1000 customers, version 2.3 features significant upgrades to the complex shipping and delivery features, which now enables clients to further customize and control delivery options to precisely match their business requirements. And, with the proprietary scalable design developed by ImageX.com, all enhancements made were immediately available to all customers.
E-Commerce Procurement System
ImageX.com builds custom e-procurement Web sites for mid-to large-sized corporations. The Online Printing Centers, featuring electronic catalogs containing customers' branded printed materials, provide the ability for ordering, management, and modification of a variety of materials ranging from office stationery to complex marketing materials. Accessible from any Internet-connected desktop computer, ImageX.com's service provides consistent quality, locks in corporate design standards, allows for quick modification and proofing, and enables distributed ordering for businesses with offices worldwide. ImageX.com gives the customer tremendous control over the procurement process.
ImageX.com outsources its manufacturing to a network of partners, who through its proprietary patents-pending software, receive production-ready digital files directly from ImageX.com. Increased efficiencies are achieved by ImageX.com's manufacturing partners because the proprietary system streamlines the processes of file preparation, prepress and transfer. This results in greater file consistency, fewer errors, and higher quality, as well as simplified tracking and reporting processes.
About ImageX.com
ImageX.com, Inc. (Nasdaq:IMGX) is a leading provider of Internet based business-to-business e-procurement solutions. Founded in 1995, ImageX.com has more than 225 employees, and has sales offices in 13 major markets including Los Angeles, New York, San Francisco, Washington D.C., Chicago, and more. ImageX.com is a key printing resource for top U.S. businesses, including Amazon.com, CIBC World Markets, CB Richard Ellis, VeriFone, Merck & Co., Visio, Nielsen Media Research, Automatic Data Processing, Donaldson, Lufkin & Jenrette, among others. To facilitate product delivery to ImageX.com's customer base, the company uses a manufacturing partner network of more than 100 print facilities nationwide. More information on the company and an interactive demonstration of the Online Printing Center can be found at imagex.com or by calling 800/959-7845.
Registered trademarks and trademarks are the property of their respective owners.
Certain statements in this press release are "forward-looking statements" within the meaning of the Securities Act of 1933, as amended. Forward-looking statements are based on the opinions and estimates of management at the time the statements are made and are subject to certain risks and uncertainties that could cause actual results to differ materially from those anticipated in the forward-looking statements. Factors that could affect ImageX.com's actual results include, but are not limited to, the "Risk Factors" described in our Securities and Exchange Commission filings, including the Prospectus related to our initial public offering dated August 26, 1999. Readers are cautioned not to place undue reliance upon these forward-looking statements that speak only as to the date of this release.
CONTACT: ImageX.com, Inc.
Debbie Caldwell, 503/297-1116
debbiecaldwell@jps.net |
