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Objectif Lune acquires PrintSoft

Press release from the issuing company

MONTREAL, CANADA and MELBOURNE, AUSTRALIA – June 30, 2011 – Objectif Lune, Australia Post and PrintSoft, today announced they have entered into an agreement under which Objectif Lune will acquire global operations of PrintSoft, effective July 1st, 2011.

Founded in 1993, Objectif Lune offers software solutions that scale across a company's document-driven business processes. A privately owned organization, Objectif Lune's team of passionate people built its success through delivering elegant and practical solutions to answer everyday issues faced by organizations of all sizes.

The integration of PrintSoft further supports our mission to revolutionize management of document-driven business processes, says Objectif Lune's CEO, Didier Gombert. "In line with Objectif Lune's expansion strategy, this acquisition is the sixth over the past eight years. It represents another step towards strengthening the company's global presence while growing its solution portfolio in innovative areas such as hybrid mailing and document management systems. PrintSoft is a well respected player in the industry and we are proud to welcome them in the Objectif Lune family. We are honored to gain prestigious clients such as Australia Post as a result."

Established in 1989 and based in Melbourne Australia, PrintSoft offers enterprise business solutions that help organizations compose, process, deliver, track and store business documents whether in paper or digital. The company's powerful solutions enhance Objectif Lune's portfolio, enabling the automation of business processes for B2B markets including supply chain management, financial services, healthcare and utilities.

"PrintSoft's expertise and capabilities complement the Objectif Lune business, and we are pleased that Objectif Lune intends to preserve and build on the PrintSoft brand into the future. I believe that this is a win/win situation for PrintSoft, Objectif Lune and their respective customers," says Derek Jones, Acting PrintSoft CEO.

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