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Printellect, LLC Acquires EFI's Enterprise Print Spend Management Software Business

Wednesday, February 15, 2006

Press release from the issuing company

Pittsburgh, PA – Feb. 13, 2006 – Printellect, LLC has acquired the assets of EFI's print spend management software business, which includes it's Impresse product and Printellect product (formerly EnterpriseSite). EFI is divesting Printellect to focus on its core portfolio of products for enterprise and commercial printers. The balance of EFI's Pittsburgh operations, which relate to development, support and implementation of commercial print software packages, will remain in place. It is anticipated that all current employees that develop, support and implement these two software packages will transition to Printellect, LLC, which will remain headquartered in Pittsburgh, PA. Printellect, LLC is a new company dedicated to providing print spend management software solutions for corporate print purchasing. Printellect, LLC’s print spend management customers can continue to expect a robust product and superior service under the new ownership. As one of the industry's largest privately held print management firms, Printellect, LLC will continue to enhance the core technology of its existing products as well as expand its product offerings to better serve existing and new customers.




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