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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 |
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 AGRUUUUWWUPCGUR
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