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Standard Register Wins $30 Million Contract from Banner Health

Press release from the issuing company

DAYTON, Ohio--Sept. 24, 2003-- Standard Register has won a five-year contract to be the sole supplier of document solutions to Banner Health, Phoenix, Ariz. Banner is one of the largest, nonprofit health care systems in the country with hospitals, long-term care centers, family clinics, home care services and other services in eight states. The contract value is estimated at more than $5 million annually. As part of the contract, Standard Register will provide document management and related services including printing, copy center management and e-procurement solutions. Through networked print on demand and copying services, Standard Register will help Banner increase communication efficiency, flexibility and quality while reducing costs and material obsolescence. "Outsourcing to Standard Register frees Banner to spend even more time on our core competency--providing excellent patient care. Standard Register provides us a standardized approach to document management throughout our operations. And with its technology capabilities, we also gain an ongoing partner in leveraging technology to increase efficiency, reduce costs and improve patient satisfaction," said David Tiemeyer, Banner Health director of systems contracting. "For decades, Standard Register has been helping healthcare organizations improve processes and information flow, leveraging our deep industry expertise, innovative solutions and technology. We're committed to being an ongoing partner in helping Banner be its best," said Peter Dorsman, Standard Register executive vice president and chief operating officer.