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Printing Can be a Growth Market

Did you know that there is a company whose business is printing, that calls itself a printing company, but which is categorized as a high-growth organization by many organizations like Deloitte and Inc Magazine. The company is Mimeo.com and Deloitte identified it as the 25th fastest growing technology company in the New York region in 2007. Admittedly in 2006 it held the 10th spot on this list so its growth is slowing slightly. However since few companies that call themselves printers ever make it on any list for rapid growth there must be something special about Mimeo. Also very few printing companies have a list of investors including venture capital, private equity funds and innovate leaders in high technology.

Monday, August 17, 2009

Did you know that there is a company whose business is printing, that calls itself a printing company, but which is categorized as a high-growth organization by many organizations like Deloitte and Inc Magazine. The company is Mimeo.com and Deloitte identified it as the 25th fastest growing technology company in the New York region in 2007. Admittedly in 2006 it held the 10th spot on this list so its growth is slowing slightly. However since few companies that call themselves printers ever make it on any list for rapid growth there must be something special about Mimeo. Also very few printing companies have a list of investors including venture capital, private equity funds and innovate leaders in high technology.

Mimeo is not new; it has been around since 1999. Since that time it has probably been the fastest growing printing company in North America with revenues approaching $60 million, and yet it does not own what most printers would call a printing press. Mimeo is a digital printing company and yet does not operate in areas of transactional printing, and has only just launched a facility for one to one personalization. Perhaps the best way of summing up what Mimeo is about is a quote from Charlie Corr its VP of Corporate Strategy. Prior to joining Mimeo Corr was a VP at Infotrends. Charlie Corr stated the following:

“There are very few times when you can leverage technology to fundamentally transform an industry and provide real benefits to end users, to save time, provide better quality and better value. It is seldom in a career when one can see things coming together including technology and the service and delivery models to transform the industry and the experience of end users.” Adam Slutsky, Mimeo’s CEO who joined Mimeo three years ago from the movie industry said, “printing is a huge market that nobody has transformed and it is really interesting to do so. The way people print today is pretty well how they were printing ten, twenty or even thirty years ago. We make it easier, more efficient and give a higher quality product.”


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