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Pacific Financial Printing Eases Pains Associated with Financial Transactions with the Launch of QwikdoX

Wednesday, June 14, 2006

Press release from the issuing company

SAN JOSE, Calif.--June 13, 2006-- Pacific Financial Printing (PFP), a leading provider of related financial printing services, announced the launch of QwikdoX, a first-of-its-kind secure online virtual deal room designed to ease budget and process pains associated with the drafting and printing of documents. QwikdoX, a software-as-a-service (SaaS) product, assists working group members to better manage and collaborate on documents and projects from beginning to end more easily and cost-effectively than traditional methods. PFP's clients can also better manage communications on projects associated with the drafting and publishing of public and private legal-related documents. Users of the product can invite professionals from third-party organizations, such as lawyers and underwriters, who are geographically dispersed around the globe to participate at their convenience 24 hours a day. By providing a secure customized Web portal, QwikdoX gives third-party users permission to access necessary documents while keeping other confidential data private and without having to grant access to company servers where other confidential information exists. "As an example, members of the financial community know when putting together documents such as an initial public offering (IPO), bond offering, private placement memorandum or mutual fund, timely coordination among the working group is critical," said Troy Horton, managing partner at Pacific Financial Printing and developer of QwikdoX. "We offer a more cost-effective alternative to help manage the document creation and collaboration process. QwikdoX is helping clients to cohesively complete a project on time and within budget, offsetting the rising costs of compliance and registration requirements." The product not only helps ease the pain of the members of the working group but it also saves the customer money. Examples include: -- Reducing financial reporting costs 20 to 60 percent when compared to traditional financial printers such as Bowne, R.R. Donnelley or Merrill Corp. by eliminating fees for author's alterations, blacklining and proof distribution -- Converting any file format with one click to SEC Compliant ASCII or HTML EDGAR format, confidently knowing the forms are in compliance -- Eliminate typesetting fees using a proprietary built-in PDF Generator that enables users to stitch together multiple native file documents in any order and convert files to "Print Ready PDFs" for proofing or printing Other Benefits of QwikdoX Include: -- Assign tasks and responsibilities with automatic e-mail reminders to keep working group members and projects on time and on budget -- Schedule project timelines, meetings or events with a built-in calendar -- Compliance templates ranging from Sarbanes-Oxley, 1933 and 1934 to 1940 Acts -- Ability to start a project or request an estimate for various value-add financial printing services like language translation, EDGAR conversion, typesetting, printing and distribution needs -- On-demand or commercial printing via PFP's network of printing facilities with same or next-day delivery -- Complete user control and privacy of distribution lists for electronic or printed hard copy deliveries -- Publish Web content pages outside the project management site to act as a company Web site or provide information to the public that is searchable by Google and other search engines -- Eliminates the need for software training by providing an intuitive interface, along with unlimited phone support, for increased time efficiency -- Provides unlimited storage, allowing users to post and collaborate on as many documents as necessary regardless of file size




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