SURE Print and Copy Centres Enters into Exclusive Agreement with PrintScore
Wednesday, August 07, 2002
New Metric/International Version of PrintScore Estimating and Management Software to be Marketed in the UK and Europe CALGARY, ALBERTA--SURE Print and Copy Centres Inc. today announced that it has entered into an agreement with PrintScore Europe Limited of Dublin, Ireland for the marketing of its PrintScore software throughout Europe and internationally, excluding the United States and Canada. PrintScore Europe Limited will provide its customers with a new version of the PrintScore software, which has been adapted and modified for the European market. The initial feasibility studies and business plan commissioned in Ireland anticipate that gross sales in Europe by PrintScore Europe Limited for this product will be in the range of between US $50 million and $250 million. SURE Print and Copy Centres Inc. (SURE) will retain all rights to all versions of the software as well as all source codes; and will receive a fixed royalty for each copy of the program, which is sold by PrintScore Europe Limited. The agreement provides for the purchase of a minimum number of copies of the PrintScore software by PrintScore Europe Limited during each calendar quarter for the term of the agreement. As part of its extended product offering, SURE will offer fee-based support contracts for its software, both within North America as well as internationally in partnership with PrintScore Europe Limited. PrintScore is a specialty software package offering aimed at the small and medium sized print and copy shop. It has been ratedas being among the most comprehensive, versatile and easy-to-use programs of its type in the marketplace. The current price of US $680 for the software is also among the lowest in the marketplace. This price will be increased to US $980 at the end ofthis year. SURE Print is the exclusive master franchisor for SURE Print and Copy/Business Centres for the Provinces of Ontario and Quebec. It is in the business of providing franchised business opportunities under the SURE label to persons desiring to own and conduct their own printing, copying and business service centers. SURE Print has also developed the PrintScore Estimating and Management software program for printshops; and has been marketing this program for over a year. It has paidusers across the United States, Canada, the Bahamas, Jamaica, England, Ireland and Nigeria.