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Prism USA to Integrate NAPL's ProfitXL

Press release from the issuing company

PARAMUS, N.J., July 16, 2003 – The National Association for Printing Leadership (NAPL) and Prism USA have entered into a one-year agreement in which the Plymouth, Mass.-based printing business management software company has exclusive rights to market NAPL’s ProfitXL, the only financial management software designed specifically for printers. Under the agreement, Prism will integrate ProfitXL? into its management information systems for printers, including Prism WIN for large printing companies, and Prism Enterprise, designed for small-to-medium-sized printing operations. Prism will also partner with NAPL in the ongoing development of updates and enhancements to ProfitXL?. “Our strategic partnership with Prism brings the powerful financial management capabilities of ProfitXL to the broad base of printing companies that comprise Prism’s current and future clients,” said Dean D’Ambrosi, NAPL’s senior staff director, Financial Services, and chief financial officer, in announcing the agreement. “By integrating ProfitXL into our MIS programs, our clients will have valuable insights into where they stand in terms of key performance indicators compared with industry standards,” said Carol Andersen, Prism USA chief executive officer. “Just as importantly, the customized reports generated by ProfitXL will help client companies of all sizes make more informed business decisions by providing important financial data in meaningful ways that go well beyond profit and loss statements. Our agreement with NAPL is part of Prism’s ongoing effort to seek partnerships with industry associations or with other vendors that can provide value for our current and future clients.”

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