Printable to Acquire Certain Assets of Collabria, Includes Installed Customer Base
Press release from the issuing company
SAN DIEGO, CA, June 22, 2001 – It was announced today that Printable Technologies, Inc. has acquired core assets of CollabriaTM, Inc., including their mainstream PrintCommerce version 3.0 software and their installed customer base. The acquisition by Printable will allow Collabria customers to maintain their services through Printable. Collabria recently announced its shut-down and termination of services.
Jim Sullivan, Chairman and CEO of Printable, commented, "Printable is in an excellent position to service Collabria's customers, as we have been working with Collabria towards this goal for the past several months." Printable and Collabria announced an agreement to share technology during this year's Seybold Conference in April. Sullivan added, "The true winners in this latest development are the Printable and Collabria customers that Printable will now serve with the industry's most technologically advanced software solutions."
Printable is the leading provider of online solutions exclusively for printers. The company offers capabilities that enable printers to incorporate online tools into their present business models, expanding the printer’s service offerings, improving customer loyalty, increasing profit margins, and boosting buying power. The Printable.com service offering includes an e-business-enabled Web site; the Printer’s DashboardSM (a control panel to e-business); PrintFlightSM (online preflight capabilities); and PrintProofSM (an online collaboration tool to improve proofing communication between printer and client). Printable.com goes far beyond online print buying to provide a complete e-business solution, which printers can adopt one step at a time.
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