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printChannel.com Officially Clarifies Competitive Conversion Program

Press release from the issuing company

SAN FRANCISCO, CA, March 28, 2001-printChannel.com (TM), a leading vendor of Web-based print procurement solutions, today announced that in the initial release of the launch of their competitive conversion program they inadvertently included Printable.com. The program is designed for current and former customers of e-commerce vendors that have changed business models or ceased operations - Printable.com does not fit any of the criteria listed. "The program is intended to help print suppliers who have made a commitment to deliver e-commerce solutions and now find themselves in a difficult situation, without the type of service that they had initially agreed to," states Oliver Pflug, CEO of printChannel.com. "While we see a growing number of suppliers approaching us with conversion needs from existing or former vendors, we are not aware that Printable.com has changed, or is intending to change, its business model or cease operations.  We regret any misunderstanding this error in our previous release may have caused." The conversion program includes a 25 percent discount on printChannel.com's standard system set-up fee, 5 full days of classroom training, and a standard block of 25 support hours to help customers convert sites from qualified vendors to the printChannel solution.