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Noosh Releases Version 5.6.3 Print Management Solution

Press release from the issuing company

Santa Clara, CA - December 7, 2004 -- Noosh, a leader in on-demand print management solutions, today announced the general availability of Noosh 5.6.3, the latest release of Noosh’s award winning Web-based print management solution. As part of the launch, Noosh will host a free online seminar focused on the optimum print sourcing strategies successfully employed by Fortune 1000 companies, at 2:00pm ET on Thursday, December 16, 2004. Noosh harnesses the power of the Internet to provide robust on-demand print management software and services that enable users to control costs and shorten time to market for print and direct mail projects. Noosh’s flexible, Web-based products and services support users’ strategies and plug easily into existing environments—enabling users to boost visibility throughout their entire supply chain, reduce costs by 20 percent or more, and increase productivity. The Noosh 5.6.3 sourcing strategy enhancements enable print buyers to identify the ideal procurement strategy for different product types by quantifying the value of the strategy, rating its effectiveness by product, and reporting on the results. With Noosh 5.6.3, users are able to make more well-informed purchasing decisions, increase the efficiency of the print lifecycle and maintain alignment with their overall business goals. "Noosh has created a system which allows companies that purchase print to understand and manage their print buy. We have found, for the first time, that all buyers across our organization have seamless access to critical historical data and print specifications required to implement procurement strategies based on product type and supplier. These features -- plus the addition of a robust E Auction tool -- allow Genworth to maximize cost savings." said Gina Hart, Commodity Team Leader for Genworth Financial. "Print production and procurement managers often save their company money but are unable to share strategies or document the savings for their management." said Mike Gardner, CEO of Noosh, Inc. "We are pleased that Noosh allows print buyers to document and justify the value of the service they provide within an organization." Noosh will host a free online seminar to discuss the value of deploying print procurement sourcing strategies. Attendees will receive a free "Sourcing Strategies Quick Guide" that will help them choose the best sourcing strategy based on product type purchased. The Web seminar will be presented at 2:00 p.m. ET on Thursday, December 16, 2004. For information on registering for the Web seminar, please visit the Noosh web site at: http://www.noosh.com

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