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The Open Approach Secures New Opportunities for Berman Printing

Wednesday, May 07, 2008

Press release from the issuing company

WESTMONT, IL (May 6, 2008) - M&A specialist The Open Approach has secured a deal for client Berman Printing to become part of TouchPoint Print Solutions-a group that aggregates the resources of select, best-of-breed graphic arts providers. The transaction will advance both Berman's and TouchPoint's initiatives in offering print customers a rich and diverse product/ service offering along with unparalleled, local service.

The combined capabilities span high-end color variable digital, commercial, and packaging printing, along with web-to-print, document management, database/digital asset solutions, CAD design, and kitting/mailing/fulfillment- forging one of the most comprehensive offerings in the Midwest. Moreover, the resulting operational synergies and services depth will broaden Berman's full-service platform, enabling it to deliver on a wider breadth of total client needs.

"This is a wonderful opportunity for our company to leverage our talented management and staff and grow to our full potential," commented Andy Berman, exiting CEO.

Founded in 1935, Berman Printing is one of the first commercial printers in Cincinnati and a proud part of the city's heritage. Its success is attributed largely to the Berman family, having built the company from startup to a thriving, 150-person entity over three generations.

"The Open Approach really understands the personal commitment and emotional investment of a family-run company. From day one, they were upfront, professional, and dedicated to achieving my goals. Their print industry specialization was the reason I selected them, and it proved to be extremely valuable in finding the best solution. My company is now in an exceptional, high-growth position, and my exit plan will help me achieve all my objectives," added Berman.

Leaders in their respective markets, Berman and the other TouchPoint Print Solutions companies, CoakleyTech and NSO Press, are known for their exceptional leadership, highly skilled workforce, and razor-sharp customer focus-features that have contributed to top loyalty levels. Preferred suppliers to a range of Fortune 100 companies and global brands, the entities are adept at tailoring multidisciplinary, customer-specific solutions. Additionally, Berman is one of the few providers nationwide with a 10-color perfecting press.

Through an ongoing partnership, TouchPoint Print Solutions is working closely with The Open Approach in evaluating additional strategic partners in large-format sheetfed, web printing, and specialized direct mail.

The Open Approach is a distinguished M&A firm that operates exclusively in the graphic arts industry. In addition to comprehensive M&A and investment banking services, the firm provides business model development, exit strategy timing and planning, due diligence, alliance opportunities, and other solutions that positively impact print enterprises' growth. Because of its industry-leading reputation and proven track record, it has been named the exclusive M&A partner of Printing Industries of America and Independent Printers Worldwide. The firm is based in Westmont, Illinois, with offices in Phoenix, San Francisco, Los Angeles, and Toronto.

For more information about The Open Approach, call Ron Seavey or Bob Cronin at 630-323-9700, email: Ron Seavey at rseavey@theopenapproach.net or Bob Cronin at ninorcb@aol.com, or visit www.theopenapproach.net.




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