Evercel, Inc., through its subsidiaries, provides multi-technology supply-chain printing solutions for the industrial marketplace worldwide. The company’s products are used in industrial settings, such as manufacturing plants and distribution centers. The company’s subsidiary, Printronix, Inc. (Printronix), has manufacturing and configuration sales located in the United States, Singapore, Holland, and Mexico, along with sales and support locations worldwide, to support its global network of users, channel partners, and strategic alliances. Printronix sells printers that contain embedded software, which is considered to be incidental to the sale of the printer. Printronix also sells standard ‘pre-packed’ software to support bar code label printing applications and other software options. Printronix offers printer maintenance services through service agreements that customers might purchase separately from the printer. Printronix provides the point-of-customer-contact and initial diagnostic services, and sells the parts used for printer repairs. Printronix contracts with third parties to perform the on-site repair services. Dispositions In March 2013, the company sold its ownership interest in Sontek Medical, Inc., which develops, manufactures, and markets respiratory and related health products. In February 2014, the company sold all of New England Crab Company, Inc.’s assets to an unrelated party. New England Crab Company, Inc. sold processed crab products throughout the United States and internationally from its facility in Boston, Massachusetts.
evercel inc (EVRC:OTC US)
1 Union Sq S Ste PH1G
New York, NY 10003
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