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Allegra Network Named As Future 50 Honoree In Recognition Of Company Growth

Wednesday, January 04, 2006

Press release from the issuing company

Northville, Mich., December 27, 2005 – Allegra Network LLC, one of the world’s leading print and graphic communications franchisors, has been chosen as a Future 50 of Greater Detroit honoree in recognition of the company’s outstanding contribution to Southeast Michigan through growth in employment, investments, community enhancement, revenues and acquisitions. Despite the challenges of a sluggish economy, Allegra Network forecasts its 2005 system-wide sales to exceed $335 million—a 25% increase over last year, primarily due to its acquisition of Signs Now Corporation ($70 million in sales) this past January. This is the company’s fourth acquisition since 1995. In addition, the company projects a sales increase of 10-24% in each of the next three years as a result of the implementation of its aggressive growth strategy. Components of this strategic plan include: Allegra Network’s rollout of its new digital printing center, creating new career opportunities for down-sized executives and entrepreneurs looking to open a business in small-medium to medium-sized markets; the growth of its franchise members through acquisition as well as the expansion of their service offering to include mailing services, digital color signs and banners and ad specialties. In addition to its corporate acquisitions, Allegra Network has helped its franchisees complete more than 155 acquisitions in their local markets, attributing to more than $49 million in incremental sales. “We are extremely honored to be chosen as a Future 50 honoree and we are proud to have grown Allegra Network to what it is today – an established leader in franchising, training and profitability, providing print and graphic communications services,” commented Chairman and CEO William D. McIntyre. “Our company’s sales have nearly doubled since 2000. We look forward to continued aggressive implementation of our strategic plans for long-term growth, while continuing to fulfill our mission, ‘To enhance the value of the businesses we serve.’” Now in its 11th year, the Future 50 of Greater Detroit competition is sponsored by BDO Seidman LLP, the Detroit Regional Chamber, LaSalle Bank and WWJ Newsradio 950. In addition to recognition at a luncheon held in their honor, recipients received a prestigious plaque and were featured on WJR and Detroiter, a publication of the Detroit Regional Chamber. Other 2005 Future 50 recipients included Wireless Toyz, American Laser Centers, Ghari and Clear! Blue. With more than 625 locations, Allegra Network supports six brands under its printing division – Allegra Print & Imaging, American Speedy Printing, Instant Copy, Insty-Prints, Speedy Printing and Zippy Print and the Signs Now brand under its sign division. Members of its printing division offer advanced graphic communications technologies including full-color printing, graphic design services, digital color output, high speed copying as well as mailing services, large format and ad specialties. Members of its sign division provide an array of sign solutions from creative concept to final production of high-impact, professional signs, banners and other visual communications tools to businesses worldwide. Principal shareholders include Domino’s Pizza founder/former CEO and Ave Maria University founder Thomas S. Monaghan and members of Allegra Network management. Allegra Network was ranked #190 on Entrepreneur magazine’s Annual Franchise 500, and 150th on the publication’s global franchisor list this year. The company was also rated the best in its industry and the 20th fastest growing franchise according to Entrepreneur based on its financial strength, stability, growth rate and size (2003). These honors mark the 22nd year that Allegra Network has ranked among the publication’s prestigious list.




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