IKON And IntraLinks Announce Strategic Relationship
Press release from the issuing company
VALLEY FORGE, Pa.--Jan. 27, 2003--IKON, the largest independent distributor of document management products and services in the U.S. with operations in Canada, Mexico and Europe, and IntraLinks, Inc., a leading provider of secure digital workspaces to the financial services and pharmaceutical markets, today announced a strategic relationship designed to enable both companies to provide more robust service offerings to their clients. The new relationship combines IKON's superior imaging capabilities with the security of IntraLinks' online workspaces, allowing clients of both companies to create online document repositories that speed complex transactions and projects in any industry.
Companies ranging from global banks to major pharmaceutical businesses currently use IntraLinks to improve document-intensive processes ranging from clinical trials to syndicated finance to mergers & acquisitions. As the leading provider of legal document services in the U.S., IKON's Legal Document Services offerings provide state-of-the-art solutions to corporate counsels and law firms that require fast, high volume digital imaging of their most important documents. The combined full service offering is designed to provide customers with high-quality digital images that can be posted to a secure, digital workspace for review by multiple parties.
"IntraLinks has a full service offering that delivers advanced technology together with outstanding service and business process knowledge. We selected IKON as our partner because they offer the best in imaging technology alongside superior service, industry know-how, and a strong national presence," said Frank Brunetti, Vice President of Business Development at IntraLinks. "For example, in mergers & acquisitions transactions, IntraLinks' clients often have large quantities of paper-based due diligence information. IKON's imaging capabilities allow for quick conversion to electronic form; we can then immediately create a virtual dataroom on IntraLinks. This permits multiple parties to access information securely and simultaneously, without the hassles of visits to review physical documents in remote locations. Transaction time is reduced by weeks, saving clients time and money."
"Many of our clients are looking for secure ways to distribute the information that we've imaged in order to leverage the benefits of our technology," said Jane Lewis, National Director of Sales for Legal Document Services at IKON. "We believe that IntraLinks is well positioned to enable them to do so. We also look forward to introducing our outstanding imaging capabilities to IntraLinks' clients in the financial services and pharmaceutical industries."
WhatTheyThink is the global printing industry's go-to information source with both print and digital offerings, including WhatTheyThink.com, WhatTheyThink Email Newsletters, and the WhatTheyThink magazine. Our mission is to inform, educate, and inspire the industry. We provide cogent news and analysis about trends, technologies, operations, and events in all the markets that comprise today's printing and sign industries including commercial, in-plant, mailing, finishing, sign, display, textile, industrial, finishing, labels, packaging, marketing technology, software and workflow.