Printable Announces Plans To Acquire Printready From Extensis
Press release from the issuing company
CHICAGO, IL, September 29, 2003 – Printable Technologies, Inc. (www.printable.com), and Extensis, Inc. today announced plans for Printable to acquire PrintReady from Extensis.
An application service, PrintReady provides preflight file inspection, compression and transfer capabilities that simplify and expedite the process of preparing and electronically transferring print jobs from designers to printers and service bureaus. Printable has been employing PrintReady technology to power PrintFlight, the company's own preflight product which is integrated into its PrintSite, Printer's Dashboard and PrintOne Customer Center websites.
There will be no interruption of service to Extensis' current PrintReady customers during the relocation of the system to Printable's operations center. A specific transfer strategy will be communicated to existing customers as both companies work toward signing a definitive agreement.
Coleman Kane, President and CEO of Printable Technologies, stated, "PrintReady's reliable file inspection and transfer capabilities are a crucial part of e-business for the printing industry. We're excited to have this opportunity to bring the PrintReady Division on board at Printable. As we did with our seamless acquisition of Collabria's assets last year, we will continue with the full uninterrupted operation of PrintReady, and will also move ahead to further develop its online technology."
"When we decided to divest our PrintReady product to focus on our core product lines including Suitcase and Portfolio, we were delighted to hand over PrintReady to the extremely capable hands of the people at Printable," said Craig Keudell, CEO of Extensis. "Printable has extensive experience with the PrintReady product and is committed to continuing the service to existing customers and expanding its current capabilities."
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