Print Supply Chain Software Leader to Provide Enterprise-wide Print
Procurement System for World's Largest Automaker
PITTSBURGH, Aug 2 /PRNewswire/ -- printCafe(TM), the operating system for
print(TM), announced today that it has signed an agreement to provide
enterprise-wide print procurement solutions to General Motors Corporation
(NYSE: GM), the world's largest automaker.
(Photo: http://www.newscom.com/cgi-bin/prnh/20001113/PRINTCAFELOGO )
"The US corporate print buying market is in excess of $200 billion
annually and General Motors is among the fast-growing list of corporations
implementing Web-based print buying as part of their larger e-procurement
strategy," said Marc Olin, president and co-CEO of printCafe. "This is very
exciting for the print industry because it highlights the compelling and
growing synergy between print procurement and the Web."
printCafe is a leading developer of supply chain management software for
the printing and publishing industry. The company provides print management
systems for publication, commercial and print on demand printers and also
provides custom-branded and configured Web sites for the procurement of print
across all facets of the print supply chain including large corporate print
procurement organizations, printers, and printers' smaller print buyers.
General Motors joins the numerous other printCafe corporate print buying
customers which include AOL Time Warner (NYSE: AOL) and The Hewlett-Packard
Company, and printer customers such as Mail-Well (NYSE: MWL).
"We're very pleased that, after exploring a variety of e-procurement
solutions, GM chose printCafe to help them increase savings and efficiencies
in their print buying processes," said Olin. "Clearly, GM recognizes the value
of our stability, expertise, and commitment to supporting our Impresse
"This is good news for print houses as well," said David Holt, chief
technology officer at Mail-Well, a printCafe customer and GM print supplier.
"This agreement paves the way for a more tightly integrated print supply
chain. The result will be additional cost savings through increased
efficiencies, reduced waste, and tighter relationships for all."
About printCafe (www.printcafe.com)
printCafe, Inc. was created through the combined initiatives of Prograph,
a leading provider of print management and publishing software, and
CreoScitex, a division of Creo Products, Inc., a world leader in solutions for
the graphic arts industry. printCafe's approach integrates the most widely
used print management systems with a powerful ecommerce engine enabling users
to specify virtually any type of print project, obtain estimates, manage B2B
transactions, monitor ERP information, set up all stages of the production
process, track the status of a project in real time, manage invoicing, and
report on a broad range of performance summaries and analyses. Services and
applications are designed for a wide range of print projects from complex
magazines and books to medium-to-small projects such as collateral materials
and business cards.
In the last year, over 1000 printing facilities and print buyers have
subscribed to or licensed printCafe technology. printCafe solutions are
installed in or hosted for over 7500 printing facilities and print buyers
worldwide, including 20 of the 25 largest printers in the United States, and
over 50 of the Fortune 1000 companies. printCafe has formed strategic
alliances with Creo Products, Inc. (Nasdaq: CREO)(Toronto: CRE), The Hewlett-
Packard Company, A.T. Kearney, an EDS Company, and Accenture, and is a
certified trading partner in Ariba (Nasdaq: ARBA), Inc.'s Ariba Ready(TM)
About General Motors
General Motors (NYSE: GM), the world's largest vehicle manufacturer,
designs, builds and markets cars and trucks worldwide. In 2000, GM earned
$5 billion on sales of $183.3 billion, excluding special items. It employs
about 372,000 people globally. GM also operates one of the largest and most
successful financial services companies, GMAC, which offers automotive,
mortgage and business financing and insurance services to customers worldwide.
GM is investing aggressively in digital technology and e-business within its
global automotive operations and through such initiatives as e-GM, GM
BuyPower, OnStar and its Hughes Electronics Corp. (NYSE: GMH) subsidiary. More
information on General Motors can be found at www.gm.com.
printCafe and the printCafe logo are trademarks of printCafe IP
printCafe, Inc. has included in this press release certain
"forward-looking statements" within the meaning of the Private Securities
Litigation Reform Act of 1995 concerning printCafe's business, operations and
financial condition. The words or phrases "can be," "will," "expects,"
"intends," "may affect," "may depend," "believes," "potential," "estimate,"
"project" and similar words and phrases are intended to identify such
forward-looking statements. Such forward-looking statements are subject to
various known and unknown risks and uncertainties and printCafe cautions you
that any forward-looking information provided by or on behalf of printCafe is
not a guarantee of future performance. Actual results could differ materially
from those anticipated in such forward-looking statements due to a number of
factors, some of which are beyond printCafe's control, in addition to those
discussed in printCafe's other press releases, public filings and statements
by printCafe's management, including (i) the volatile and intensely
competitive nature of the market for print management solutions, (ii) changes
in domestic and foreign economic and market conditions, (iii) the impact of
past and future acquisitions on printCafe's business and financial condition
and (iv) the fact that the market for electronic commerce solutions for the
printing industry is subject to rapidly changing technologies and increasing
customer demands. All such forward-looking statements are current only as of
the date on which such statements were made. printCafe does not undertake any
obligation to publicly update any forward-looking statement to reflect events
or circumstances after the date on which any such statement is made or to
reflect the occurrence of unanticipated events. You should not place undue
reliance on these forward-looking statements.
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SOURCE printCafe, Inc.
/CONTACT: Mary Murrin Smith of printCafe, +1-412-690-3055 or
email@example.com; or Jim Parks of General Motors, +1-810-575-4029 or
AP Archive: http://photoarchive.ap.org
PRN Photo Desk, 888-776-6555 or 212-782-2840/
/Web site: http://www.gm.com /
/Web site: http://www.printcafe.com /
(AOL MWL CREO ARBA GM GMH)
CO: printCafe, Inc.; AOL Time Warner; The Hewlett-Packard Company; Mail-Well;
Creo Products, Inc.; Ariba; General Motors; Hughes Electronics Corp.
IN: PUB CPR MLM STW AUT
-0- Aug/02/2001 13:58 GMT
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