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NEW YORK, NY, August 15, 2006 – NewlineNoosh
(NLN), a leader in print sourcing and procurement solutions, today
announced that the annualized transaction run rate of print and related
services, as captured in the company's proprietary technology
platform, has exceeded $800,000,000.
NLN Print Category Management Services are delivered by a leading
team of print production, sourcing and procurement experts. NLN
Managed, Supplemental and Software Services can help reduce print-related
costs by 20% or more and are ideally suited for those organizations
that don't have print production, procurement or sourcing expertise
but still require end-to-end visibility and accountability over
the print management process.
With a global consumer products company such as Unilever benefiting
from NLN's Managed Service for Print, as well as the continued
growth of the Software-as-a-Service solution, NLN has topped sixty-seven
million dollars a month for the past three consecutive months in
transaction volume as measured by Orders Awarded in Noosh.
"We are thrilled by our progress and believe that a one billion dollar annualized transaction run rate is well within our grasp," said Peter Faucetta, Sr., Chairman and CEO of NewlineNoosh. "Transacting almost seventy million dollars a month underlines our strong market position and commitment to our customers' and suppliers' success. We feel NLN is well poised for additional and rapid growth both domestically and around the globe."
NewlineNoosh
NewlineNoosh delivers Print Category Management Services that dramatically
lower costs while achieving peak efficiency & speed to market
for print & direct mail projects. NewlineNoosh customers include
Genworth Financial, Honeywell Consumer Products Group, Star Tribune
Company and many other leading enterprises.
For more information,
please visit www.newlinenoosh.com.
NewlineNoosh and Noosh are the trademark and
service mark, respectively, of NewlineNoosh, Inc. Other trademarks
appearing in this release are the property of their holders. |