Relizon Announces Record-Breaking Business Performance Results for 2004
Press release from the issuing company
DAYTON, Ohio, April 5, 2005 - The Relizon Company, a leading North American supplier of business process solutions for document outsourcing, billing and relationship marketing, today announced that the company achieved record-breaking business performance results in 2004. Headlining the company's performance is the addition of $68 million in annualized new business from such diverse accounts as Hudson's Bay Company, M&T Bank, Novation, Prime Advantage, Seminole Hard Rock Hotel and Casino, Shell Canada Ltd., Toys "R" Us Inc., and Wegmans Food Markets, Inc.
The document outsourcing market is large and growing. According to reports published in 2004 by industry analysis firm InfoTrends/CAP Ventures, the document outsourcing market in the U.S. and Canada was $35.4 billion and growing at a compounded annual rate of 3-5%. Within this large and steadily growing market, numerous sub-categories are experiencing significantly higher rates of growth, notably digital print, data/content management, fulfillment and distribution.
"Relizon is consistently winning against its chief rivals in our major markets because we implement solutions that are aligned with our customers' business priorities," said Rodney Hedeen, Relizon president and chief executive officer. "Our success is directly attributable to our practice of putting customers' needs first. We continue to win business away from competitors by focusing on these strengths."
In 2004 Relizon made significant in-roads towards establishing itself as the leading provider of integrated document management and customer communications solutions in North America. New accounts were won and existing relationships grew to include the company's expanded offerings in marketing literature fulfillment, digital print and one-to-one marketing programs.
"New customers are first attracted by our comprehensive suite of offerings and broad North American footprint, but they stay because of outstanding service and measurable results," Hedeen added.
The driving force behind the company's successes is an unmatched ability to develop and implement solutions that positively impact customers' business performance. This was confirmed by a comprehensive market study by Opinion Research Corporation (ORC), which concluded that Relizon achieved "world class" levels in its impact on customers' business performance and ease of doing business.
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