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 product." "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) supplier network. 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 Management, Inc. 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. MAKE YOUR OPINION COUNT - Click Here http://tbutton.prnewswire.com/prn/11690X77077591 SOURCE printCafe, Inc. -0- 08/02/2001 /CONTACT: Mary Murrin Smith of printCafe, +1-412-690-3055 or firstname.lastname@example.org; or Jim Parks of General Motors, +1-810-575-4029 or email@example.com/ /Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20001113/PRINTCAFELOGO 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. ST: Pennsylvania IN: PUB CPR MLM STW AUT SU: CON -0- Aug/02/2001 13:58 GMT
General Motors Signs on to printCafe e-Procurement Solution
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