American Heart Association Selects iGetSmart.com, $24 Million Deal
Press release from the issuing company
PALM BEACH, Fla., June 5 - iGetSmart.com, Inc., a wholly owned subsidiary of Workflow Management, Inc. (Nasdaq: WORK - news) a global print and office consumables outsourcing leader, announced today that the American Heart Association, the nation's largest nonprofit voluntary healthcare organization, has signed a four-year contract to outsource its print management and distribution to iGetSmart.com, which will provide a complete end-to-end solution for the American Heart Association's evolving needs.
As part of its efforts to streamline operations and reduce overhead expenses, the American Heart Association will dismantle its print facilities and outsource this function, utilizing the human resources and advanced technology of iGetSmart.com.
* iGetSmart.com will:
* provide print management services
* establish an e-commerce supply management system
* manage distribution
The annual volume of American Heart Association print is expected to be approximately $5 million in the first year.
Tom D'Agostino, Jr., President of Workflow Management's Solutions Division and President & CEO of iGetSmart.com, commented, "We're proud to have been chosen by the American Heart Association as its print outsourcing partner. The fact that we won the contract illustrates our strength in both the print manufacturing and e-procurement arenas. The entire iGetSmart team is eager to help the American Heart Association meet its core goals. I'm proud to work with organizations, like the American Heart Association, that pro-actively work to increase the effectiveness of every contribution they receive.''
Herman Taylor, Vice President of Production and Distribution for the American Heart Association, commented, "As a nonprofit organization we are continually looking for ways to keep our overhead expenses to a minimum. After evaluating several internal and external solutions to assist us in our printing and distribution, we decided to utilize Workflow Management's iGetSmart system which we believe will deliver positive results in time and cost reductions.''
Workflow's Chairman and Chief Executive Officer, Tom D'Agostino, Sr. concluded, "The superior technology of the iGetSmart system, along with the support of the entire Workflow Management organization, will continue to provide quantifiable cost reductions and inventory management solutions for its users. We look to take this winning business model and not only service the American Heart Association's needs, but replicate our success with numerous businesses within the $100 billion corporate outsource industry. I believe that Workflow Management's ability to provide a complete end-to-end outsource solution utilizing the iGetSmart.com technology should propel us to greater levels of profitability and market dominance.''
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