Mimeo.com Has Great 2000, Average Transaction Tops $500
Wednesday, January 24, 2001
NEW YORK -Mimeo.com, Inc., the leading provider of Internet-based printing solutions for corporations, set the standards for corporate online document production in 2000. Mimeo announces several milestones that reflect their successful performance in 2000: * Mimeo printed tens of millions of pages in the fourth quarter alone from their 140,000 square foot Memphis-based production facility. * More than 100 organizations opened enterprise accounts with Mimeo, including Computer Associates, Bear Stearns, Hewlett-Packard, Moody's Investors Service, Sabre, Raymond James and Home Depot. * Mimeo printed, bound, and delivered hundreds of thousands of business documents and presentations to all 50 U.S. States, and for customers in international markets including Canada, Mexico, and Europe. * Mimeo has formed partnerships with companies such as Cisco Systems, Hewlett-Packard and Toshiba America that are interested in bringing the convenience of secure, reliable, high-quality printing and binding directly to the desktops of their employees, customers and associates. * The average paid transaction for Mimeo's corporate customers was greater than $500 for the year, well in excess of company and industry analyst forecasts. * Mimeo has demonstrated success in customer loyalty -- the average corporate customer uses the service 3 to 4 times per quarter, and the size of their second transaction increased 150% on average. Mimeo's reliability, security and quality provide a valuable resource to its corporate clients like Carol Hirsch, Client Program Manager at Moody's Investors Service. "The documents Mimeo.com produces for Moody's are sent to a highly critical and demanding audience made up of 11,000 CEOs, CFOs and Treasurers of Fortune 1,000 firms, as well as heads of municipalities and nations. Mimeo gave us the superior-quality printing and distribution solution we needed to grow our product without placing a strain on our current resources," said Hirsch. "At Mimeo, we manage the largest digital printing facility in the world, allowing for an infrastructure that offers reliability, quality and security to corporations that is unparalleled in the printing marketplace," said Jeff Stewart, CEO. "Our dedication to technology and attention to the specific demands of our customers has helped us achieve our place as the leading corporate document printing solution."