Oracle Selects iPrint Technology for Corporate-Wide Printing
Press release from the issuing company
(Oracle AppsWorld, New Orleans - February 20, 2001) - iPrint Enterprise Systems Group, an operating division of iPrint, inc. (NASDAQ: IPRT), the leading online printing technology and infrastructure provider, today announced that it has launched a branded corporate print shop for Oracle Corporation (NASDAQ: ORCL). The Oracle® E-Print Center, which launched in January, allows the 25,000 US-based Oracle employees access to Oracle-branded business cards and stationery items. Terms of the two-year agreement were not disclosed.
"We selected iPrint to handle Oracle's business printing because of iPrint's commitment to Internet-based e-procurement and seamless integration within our e-business suite," said Greg Tennyson, Senior Director, Corporate Procurement of Oracle Corporation. "The benefits of using e-printing are compelling and we're excited about this relationship."
Using Oracle's secure, password-protected Internet Procurement (iProcurement) application, employees will be able to order branded, custom-printed materials directly from their computers by punching out to iPrint's E-Print Center and/or designing their printed item, and then returning to iProcurement to complete the purchase requisition. The requisition is then submitted for spending approval utilizing Oracle's workflow engine. The approach simplifies the ordering process for both the buyer and the supplier, bringing efficiencies and cost savings. Oracle's logos and taglines will be locked into templates to ensure consistency.
"This relationship with Oracle really kicks off our enterprise software focus," stated Tom Haley, Vice President of the iPrint Enterprise Systems Group. "The cost savings and convenience associated with e-procurement are significant. What's particularly exciting is the level of technical integration with Oracle's e-business suite. We believe it's way beyond any existing e-printing implementation and will be a model for the way major corporations will buy printing in the future."
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