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TPA Triplearc

5.92
0.00 (0.00%)
25 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Triplearc LSE:TPA London Ordinary Share GB0031067340 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 5.92 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Distribution Agreement Signed

08/03/2004 11:16am

UK Regulatory


RNS Number:2446W
TripleArc PLC
08 March 2004

Immediate release
8 March 2004

              TRIPLEARC SIGNS U.S TECHNOLOGY DISTRIBUTION AGREEMENT

TripleArc Plc, the leading UK based provider of technology led print procurement
solutions, has signed a sales and distribution agreement with Four51 Inc, the US
based e-solutions provider for the printing market. The agreement allows Four51
to sell TripleArc's Collaborative Workflow System (CWS)1 throughout America.

Four51 is already negotiating with several print management companies to take on
the CWS software. This agreement gives TripleArc a channel to distribute its
technology products in the huge US print market. It is anticipated that the deal
will deliver revenue for TripleArc in the short term.

TripleArc will receive a percentage of the revenue generated by any sales made
by Four51 involving CWS in America throughout the 10 year term of the agreement.

Jason Cromack, CEO of TripleArc commented: 'We are very excited about our new
partnership. Four51 has a good reputation in America, and already sells its
web-based services to major print management companies. The qualities of the CWS
software, coupled with our new partner's technical expertise and knowledge of
the US market, is expected to generate revenue quite quickly. There is no doubt
that this will be a successful partnership'.

Rich Landa, CEO of Four51 Inc commented: 'The synergies between the two
companies are clear. We are pleased to incorporate the CWS software into the
Four51 service offerings. The need for a product like CWS has been all too
apparent for quite a while. Together, CWS and Four51's current Commerce
Operating System (COS)2 extend our ability to offer powerful procurement
solutions to the print services market. We look forward to working closely with
TripleArc over the coming years.'

                                    - ends -

For further information please contact:
TripleArc Plc                                        020 7258 6290
Jason Cromack, Chief Executive Officer

Weber Shandwick Fleet Financial                                    020 7067 0700
Terry Garrett/ Nick Dibden

Notes to Editors

1Collaborative Workflow System (CWS) is TripleArc's online workflow system for
print management.
2Commerce Operating System (COS) is Four51's online procurement system, which
enables supply chain networks that require mass distribution and customization
of consumable printed materials like variablebrochures, corporate ID products,
and labels.




                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
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