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Mimeo.com comments on use of Internet-based printing

Wednesday, March 29, 2006

Press release from the issuing company

NEW YORK--March 28, 2006-- Mimeo.com, the pioneer in online, on-demand digital printing, today identified the three instrumental factors that will unleash widespread use of Internet-based printing: Control, speed and quality. Mimeo.com has created a fundamental shift away from local copy shops or in-house printing to a model that truly gives users control and delivers on the promise of online, on-demand digital printing and document production. Satisfied customers cite the company's service ethic, speed of delivery of documents and the quality of the finished product as the reasons why they'll never go back to the land-based printing of local copy shops and in-house print centers. "Mimeo.com is a true partner- attentive and conscientious, providing innovative solutions and delivering exemplary customer service," said Zeke Vanderhoek, CEO and founder, Manhattan GMAT and a Mimeo.com user. "They have been lifesavers for us on more than one occasion, and we consistently receive top-quality documents with lightning-quick turnaround. Their Internet-based, on-demand solution gives us control over the process from start to finish and couldn't be more convenient." The digital printing market is experiencing rapid expansion, fueled by the Internet as a standard for doing business and the real-time demands on today's organizations. According to research firm InfoTrends, print jobs that move through the Internet made up of more than 12 percent of the total U.S. printing market last year, and e-printing is projected to increase at a rate that will more than double by the year 2010. Mimeo.com believes the following trends will drive adoption for this rapidly growing market: -- Control over the printing process. Mimeo.com gives users a new level of control when it comes to preparing, printing and distributing documents. Using Mimeo.com, each individual computer becomes a document command center with soft-copy proofing capabilities. Customers control every detail and view all finishing touches in real-time, ensuring they get exactly what they expect. -- Demand for speed from anywhere, at anytime. As Web-based, outsourced business services become increasingly popular and geographically widespread, the ability to operate in real-time and often make last-minute changes is often mission critical. Mimeo.com accommodates user's needs through its guaranteed, next-day delivery of any order placed by 10:00 p.m. ET. -- Top quality and consistency. An organization's brand is one of its greatest assets, and yet decentralized print jobs produced regionally mean that each finished product may look different. With its centralized, 140,000-square-foot production facility, strict quality control measures and highly experienced professionals, companies can count on the consistent, professional quality of Mimeo.com's print jobs. Mimeo.com has grown by more than 1,000 percent over the last five years and, in 2005, it both expanded its New York headquarters and increased staff by 48 percent. The company's accelerated growth signals a shift in the market for printing of business documents and marketing materials from unpredictable, time-consuming printing to convenient, next-day delivery with superior control. Mimeo.com has also added more than 500 new corporate accounts and produced more than one million bound documents for its clients over the past year. "The success we experienced in 2005 is a testament to the innovation we first brought to the document printing market when we launched our business in 1998," said Adam Slutsky, CEO of Mimeo.com. "We are laser focused on what we do and know our commitment to product innovation, operational excellence and client delight are the keys to winning over more and more customers. We will continue to blaze the trail and ensure that small and large companies alike can embrace true on-demand printing of documents and marketing materials for overnight delivery - from any desktop, at anytime, and in total control." In 2005, Mimeo.com received accolades from leading business publications and organizations, including placement on Inc. Magazine's "Inc. 500" list of fastest-growing private companies for the second year in a row with an astounding 1,120 percent revenue growth in five years; being named by Red Herring as one of the top 100 private technology companies of America; and ranking among the top 10 "Fast 50" in Deloitte's fastest-growing New York technology companies listing as well as the top tier of Deloitte "Fast 500" fastest-growing companies in the United States and Canada.




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