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NEWLINENOOSH ANNUALIZED TRANSACTION RUN RATE SURPASSES EIGHT HUNDRED MILLION DOLLARS OF PROCURED PRINT AND RELATED SERVICES

-- Accelerated Growth of Managed Services for Print Fuels Transaction Run Rate --


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.

Contacts: Mark Tiedens
NewlineNoosh
650-637-6080
mark.tiedens@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.


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