Editions   North America | Europe | Magazine

WhatTheyThink

SMARTworks.com's $117 Million Revenue Lands Parent Company on Tech List

Press release from the issuing company

(DAYTON, OHIO), December 14, 2000ä Based on revenues generated via SMARTworks.com, Inc.-the printing industry's first supplier-independent open platform for e-procurement and enterprise print management-Standard Register (NYSE: SR) has been named to ZD Net Interactive Week's second annual Interactive 500 rankings. SMARTworks.com, which was launched as a wholly-owned corporate subsidiary in July, generated $117 million of Standard Register's print revenue through November. As a result, Standard Register jumped 47 spots in this year's rankings, from 134 in 1999 to number 87 in 2000-leading all other revenue generating print specific sites on the Web. "SMARTworks.com is a key component in our efforts to provide the full spectrum of customized document management solutions to our customers," says Mike Jacoutot, corporate vice president of sales for Standard Register. "Our listing among names like Intel, IBM and Cisco is a testament to the fact that we have the capacity to be an e-commerce leader in the online marketplace." Interactive Week is a weekly newspaper published by ZD Net-a wholly owned subsidiary of CNET Networks, Inc. (Nasdaq: CNET)-that covers all aspects of the Internet and interactive technology. ZD Net Interactive Week's Interactive 500 rankings consist of the top e-commerce revenue generators on the Internet. Of the 1,500 companies to submit revenue information, the top 500 made this year's list. All told, this year's Interactive 500 tallied $183.56 billion in online revenue-$100 billion more than last year. Based on SMARTworks' business-to-business revenue alone, Standard Register was also ranked 39 among the top 50 business-to-business sites on the Web, up from number 47 last year. "These rankings show how brick and mortar companies like Standard Register are progressively outpacing their online-origin counterparts," says Jeff Allen, vice president of sales and marketing for SMARTworks.com. "Dot-com companies built from scratch are no longer driving the market. The success of SMARTworks.com is a perfect example of how a traditional company is making a successful transformation into the new economy. We expect the growth of our business to continue at an even faster pace as we expand our market presence via new channel partners in 2001 and beyond."

WhatTheyThink is the official show daily media partner of drupa 2024. More info about drupa programs