National Association of Manufacturers Partners with printLYNXX

Press release from the issuing company

WASHINGTON, D.C., April 5, 2002 – The National Association of Manufacturers today announced the formation of a new partnership with printLYNXX, a Pennsylvania firm that offers a unique, highly specialized software application to manage all stages of printing projects and maximize cost savings. "The average company spends 3 percent of revenues on printing costs, and for many manufacturers it’s much higher," said NAM President Jerry Jasinowski. "The total print spend is often spread scattershot across the organization and ‘owned’ by no one. Most companies have little sense of how much they spend on printing, or how they could manage and reduce those costs – even in an era when cost-cutting is a key survival tool." Categorized in internal accounting as everything from ink and paper to information conveyed on any substrate, true printing costs are often hidden under countless labels, such as marketing materials, packaging, forms, advertising specialties, CD-ROMs, stockholder communications, direct mail – even office supplies. Some printing costs vanish entirely into the larger sea of consulting and outsourced contracts. printLYNXX’s 27 years of experience and web-enabled software system allow users to tame and better manage this unruly hydra by: - Determining an organization’s complete, actual print spend; - Discovering, managing and eliminating hidden and mis-categorized print costs; and - Controlling expenses across multiple autonomous internal purchasing silos, leveraging collective buying power. printLYNXX is the only web-based software application that helps uncover cost savings via e-procurement, allowing workflow communication that manages existing print relationships with preferred suppliers, while tracking and monitoring all stages of every print job. NAM members enjoy a guaranteed 15 percent minimum hard-dollar cost savings on printing, so printLYNXX typically provides a swift and significant ROI. Current users include Consolidated Edison, Royal Caribbean Cruise Lines, Boston University and the NAM. "We have found very few Internet-based solutions that can deliver measurable ROI on the hard-dollar side of purchasing," Jasinowski said. "But printLYNXX is one of them, which is why we’ve adopted their system for ourselves." For more information, visit www.printlynxx.com/nam