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Newline And Noosh Merge

Monday, April 18, 2005

Press release from the issuing company

New York, NY - April 18, 2005 -- NewLine Management, a leader in Technology Enabled Business Process Outsourcing (BPO) for Print Management and Noosh, a leader in Print Management software solutions announced today the merger of the two companies that have been partners for nearly three years and, together with their customers, jointly manage more than $150MM of print annually. The combined company will utilize its print management technology enabled business process outsourcing services and software solutions to enable companies to leverage outsourced or internally managed print procurement strategies to achieve significant savings and gain complete visibility and control of expenditures. The combined company’s Print Management Solutions include: •NewlineNoosh - Technology Enabled Print Management Outsourcing Services Leverages technology for print production and procurement outsourcing to effectively target and deliver verifiable print-related savings throughout the entire print supply chain. •Print Procurement Solution Allows customers to internally manage all aspects of enterprise print projects – from concept to completion – in one place and leverage the most effective purchasing strategy including RFEs, contracts, or rate cards. •Direct Mail Solution Streamlines version, cell and specification management, track schedules and manages services procurement to allow for the timely delivery of more targeted direct mail. •Government Print Management Solution Automatically reconciles GPO IPAC (Intra-governmental Payment and Collection system) files with GPO 2511 and SF-1 forms. “As a technology enabled outsourcer, NewLine uniquely delivers print management outsourcing services that meet the accountability, visibility and corporate compliance demands of today’s professional sourcing and procurement departments.” said Peter Faucetta Jr., President of NewLine Management. “From the start we recognized the strategic-role that Noosh’s proven suite of print management applications played in our success in a rapidly developing market – the merger of Noosh’s enabling technology and NewLine’s outsourcing services was inevitable,” added Peter Faucetta Sr., Chairman of NewLine Management. “Noosh’s robust, software solutions for print management, enable companies to boost visibility throughout their entire print supply chain, increase productivity, and reduce costs by 20 percent or more for print and direct mail projects.” said Mike Gardner, CEO of Noosh, Inc. “Many companies lack the requisite print domain expertise to effectively manage print production and procurement. For these companies, NewLine’s Noosh powered outsourcing services provide the convenience and cost-effectiveness of outsourcing with the financial control and accountability of internally managed procurement.”

 

 

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