Looks like IMGX coming off the bottom this week so I bought some back.
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Tuesday February 29, 6:02 am Eastern Time
Company Press Release
ImageX.com Launches First Marketplace for Entire Graphic Arts Industry with PrintPlace.com
PrintPlace.com to serve as the definitive, full-service resource for buyers, sellers and vendors throughout the industry
BELLEVUE, Wash.--(BUSINESS WIRE)--Feb. 29, 2000-- ImageX.com (Nasdaq:IMGX - news), a leading business-to-business Internet market maker for printed business materials, today unveiled PrintPlace.com, an online vertical marketplace that provides content, community and commerce for the graphic arts industry.
PrintPlace.com redefines the meaning of service and commerce on the web by offering the first definitive marketplace designed to serve the all encompassing graphic arts industry, which includes buyers and sellers of print, pre-press, paper and graphic design products and services.
The print and paper industry in which ImageX.com currently participates is in excess of $300 billion for both traditional printing and commerce. According to a February 2000 report by Forrester Research, eCommerce expansion in fragmented industries, like printing, will be facilitated by online marketplaces. Online marketplaces will be key to driving more than $200 billion of eCommerce in the paper and printing supply chain over the next five years, added the report. PrintPlace.com is uniquely designed and positioned now to be the leading marketplace driving this commercial print-related commerce.
PrintPlace.com is the only vertical marketplace designed to provide supply chain value all the way from buyers and sellers to suppliers within the entire graphic arts industry. This unique marketplace offers complete functionality for procurement, print management, bidding services, auctions, exchanges and workflow management systems. PrintPlace.com also offers a full range of content, news and industry links to help facilitate the full service needs required throughout the industry. Industry players already in place to support the PrintPlace.com marketplace include Internet companies such as:
Creativepro.com -- A vertical Web portal that provides online information, products and e-services that address the core needs of creative professionals within the print and Web publishing communities.
DeepCanyon.com -- A multi-dimensional, innovative Web resource for marketers, providing world-class information from respected and trusted sources to help busy marketing professionals make informed strategic decisions.
eCompanyStore.com -- The leading provider of Internet based, B2B e-commerce solutions that allows mid- to large-sized companies a process for efficiently managing and procuring their logo merchandise supplies.
iCopyright.com -- The first instant copyright and reprint clearinghouse that allows instant reuse or reprint of content from any registered publisher by automating each step in the copyright permissions process.
MyFonts.com -- A service geared to finding different fonts by name, keywords designer, font manufacturer, etc.
``One of the key advantages offered by ImageX.com has been our vision of the Internet as a tool for streamlining cumbersome business processes, like printing. PrintPlace.com achieves a significant milestone for the graphic arts industry by offering a truly unique marketplace for an industry that is so fragmented,' said Rich Begert, president and CEO of ImageX.com. ``PrintPlace.com, we believe, is the link that will bring this fragmented industry together and ultimately provide to all graphic arts industry customers the efficiencies and savings to which they are entitled. We are delighted about PrintPlace.com and look forward to continuously expanding, at all levels, the content, commerce and community offered by PrintPlace.com.'
``ImageX.com is demonstrating an ability to leverage the new connectivity provided by the Internet to manage and deliver qualitatively superior processes which have value for every participant in the graphic arts industry. PrintPlace.com should deliver value by improving the efficiency of the graphic arts' supply chain,' said David Alschuler, vice president of e-Business and Enterprise Applications with the Aberdeen Group.
About ImageX.com
ImageX.com, Inc. (Nasdaq:IMGX - news) is a leading business-to-business Internet market maker for printed business materials. ImageX.com offers an end-to-end solution that streamlines the procurement process for business printing customers, their employees and other end users of printed products, printing manufacturers and raw material suppliers to the printing industry. The company provides e-commerce solutions that improve the way businesses acquire marketing communications materials, ranging from business cards to high-end printed materials. ImageX.com's nationwide web-based services include the Corporate Online Printing Center, the Small Business Printing Center, PrintBid.com, an online bidding system for over 3,800 print buyers and more than 4,000 printers and PaperDeals.com, an online auction site for commercial paper stock.
The Corporate Online Printing Center offers a customized online catalog of printed materials for companies with more than 100 employees, streamlining processes and helping them to control their brands more effectively. The Small Business Printing Center provides quick and easy access via the Internet to a wide range of personalized printed materials, based on standardized templates, at competitive prices. PrintBid.com is an online bidding service for customized print jobs that links print buyers with printers. PaperDeals.com is an online auction site for commercial paper stock, offering a forum to link buyers with sellers.
Founded in 1995 and headquartered in Bellevue, Wash., ImageX.com has sales offices in 18 major markets nationwide, including Los Angeles, New York, Atlanta, San Francisco, Chicago, Washington, D.C., and others. ImageX.com's customers include Automatic Data Processing (ADP), Bell Atlantic Mobile, Amazon.com, CB Richard Ellis, CIBC World Markets, Donaldson, Lufkin & Jenrette, Merck & Co., New Energy Ventures, Visio and Waddell & Reed. More information on the company and the services offered can be found at imagex.com or by calling 800/959-7845. |
