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Very successful first half of 2005 for GMG

Thursday, July 07, 2005

Press release from the issuing company

Tuebingen (July 6, 2005) – GMG, supplier of high-end color management and proofing solutions, today announced that the company had been able to achieve an extraordinary increase in sales in the first half of 2005 as a result of long-term investments in worldwide distribution and marketing activities. The highest monthly sales in the company's history were recorded in June 2005. To date, GMG has succeeded in boosting its sales in 2005 by just over 100% compared to the same period of 2004 (200% compared to the corre-sponding period of 2003), thus impressively underlining the sustained growth of GMG. Sales outside Germany rose rapidly and now account for well over one-half of total sales. Many countries and regions, such as the USA, Asia, and Scandinavia, recorded sales growth of between 150% and 400%. However, significant increases were also achieved in estab-lished markets, such as Germany, the UK, France, Spain, and Italy. The good results demonstrate that GMG's investments in its own sales branches in these countries are already more than paying off. For the first time, GMG was also able to position its products successfully in regions like South Africa, Israel, and the Middle East, as well as in Finland and a number of countries in Eastern Europe. "We are very pleased with this development in sales, since it means an increase in almost every country," says Robert Weihing, Managing Di-rector of GMG GmbH & Co. KG. "Our presence at numerous trade shows throughout the world early this year – be it with our own GMG booth, or represented by our distributors and dealers – was highly promising, and gives us every reason to expect a strong second half of the year. These expectations are also backed by new products that we will be launching in the next few months."

 

 

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