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NewlineNoosh Annualized Transaction Run Rate Surpasses Eight Hundred Million Dollars Of Procured Print And Related Services

Wednesday, August 16, 2006

Press release from the issuing company

NEW YORK, NY, August 15, 2006 – NewlineNoosh (NLN), a leader in print sourcing and procurement solutions, today announced that the annualized transaction run rate of print and related services, as captured in the company's proprietary technology platform, has exceeded $800,000,000. NLN Print Category Management Services are delivered by a leading team of print production, sourcing and procurement experts. NLN Managed, Supplemental and Software Services can help reduce print-related costs by 20% or more and are ideally suited for those organizations that don't have print production, procurement or sourcing expertise but still require end-to-end visibility and accountability over the print management process. With a global consumer products company such as Unilever benefiting from NLN's Managed Service for Print, as well as the continued growth of the Software-as-a-Service solution, NLN has topped sixty-seven million dollars a month for the past three consecutive months in transaction volume as measured by Orders Awarded in Noosh. "We are thrilled by our progress and believe that a one billion dollar annualized transaction run rate is well within our grasp," said Peter Faucetta, Sr., Chairman and CEO of NewlineNoosh. "ransacting almost seventy million dollars a month underlines our strong market position and commitment to our customers' and suppliers' success. We feel NLN is well poised for additional and rapid growth both domestically and around the globe."




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