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e-LYNXX Says Customers Saved 41% During 2003 Using printLYNXX

Wednesday, February 04, 2004

Press release from the issuing company

Chambersburg, PA – February 3, 2004– Users of the printLYNXX procurement and job management solution enjoyed hard dollar savings of 41.02% during 2003, according to parent company e-LYNXX Corporation. These savings, according to Doug Harbach, e-LYNXX Vice President, greatly exceed even the guaranteed savings promised to printLYNXX customers, but are not unexpected. “While printLYNXX provides all of the efficiency savings expected from an e-procurement tool, the patented business methodology that forms the platform for our solution has allowed us to guarantee at least 15% real savings on the cost of printing using that organization’s own preferred vendors,” says Harbach. “It has become typical, however, that savings are more than two times that guarantee, making printLYNXX a system that truly pays for itself!” Harbach also said growth in the use of printLYNXX has continued entering 2004. He notes that procurement dollars through the solution by a growing number of clients was 175% higher in January 2004 compared to January 2003. “Printing remains a unique procurement because it entails custom small dollar purchases (average purchase through printLYNXX in 2003 was $2,769) that has many stakeholders and requires significant handholding. Therefore, a technology tool in this space has to be built by those who have been in the ‘print procurement wars’ and understand all the steps required to deliver a job on time and at quality,” Harbach explains. “We are making believers out of the naysayers who now agree that our solution improves their processes, from vendor sourcing through payment, while delivering a speedy ROI,” Harbach states. e-LYNXX offers printLYNXX procurement and management solution in North America, including a French version of the system to service the needs of its Canadian customers.

 

 

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