MadeToOrder.Com Completes Acquisition of iPrint and Wood Alliance Assets
Press release from the issuing company
SANTA CLARA, Calif., Nov. 11, 2002 -- MadeToOrder.com(tm) Inc. (MadeToOrder), a leading provider of online and offline corporate branding solutions, today announced that it has completed the purchase of substantially all of the assets of iPrint Technologies, Inc. and its subsidiary Wood Alliance, Inc., including the iPrint.com web site and the Wood Associates brand. iPrint.com is a leading online destination for buyers of printed and promotional products. iPrint Technologies supplied branding solutions and technology to the Fortune 1000 under the Wood Associates brand. The acquisition was effective as of October 23, 2002.
MadeToOrder also announced that it had hired most of the iPrint/Wood employees, including virtually all of the current iPrint/Wood sales and support staff.
"In tough economic times, few companies are fortunate enough to grow stronger," commented Brett A. Walter, Founder, Chairman, and CTO of MadeToOrder. "The new MTO will be a top 30 distributor with offices across the United States, four domestic distribution centers, and a network of international sales, service and distribution partners."
MadeToOrder will integrate its proprietary enterprise application technology with the award-winning iPrint technology platform to provide enhanced online and order management solutions for customers. The iPrint technology platform currently processes nearly 10,000 orders every month. MTO expects to substantially increase the number of supplier partners involved in its online programs over the next twelve months to take advantage of related cost-efficiencies.
"This acquisition combines two top sales organizations into a single, dynamic team of sales professionals, supported by some of the finest technology in the industry," added Mr. Walter. "I'm excited that this acquisition will let us expand our service offering for customers, and become an even more responsive and valuable partner to our vendors."
About MadeToOrder.com, Inc.
MadeToOrder.com (tm) Inc., founded in 1992, is a sales and technology leader in the promotional products industry. Its award-winning technology improves the way businesses buy corporate printing and logo branded products, and can be integrated into existing corporate procurement platforms, thereby streamlining the cost of ordering promotional products and improving the overall ROI. The company has a diverse list of corporate clients, including British Petroleum, Cisco, Kraft Foods, HP/Compaq, Sara Lee, and Oracle. MadeToOrder.com is headquartered in Santa Clara, CA. More information about MadeToOrder.com and its services can be found at www.madetoorder.com.
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