Tuesday, July 8, 2008

LaserNetworks and Alberta’s ComPrint Solutions Inc. join forces

FOR IMMEDIATE RELEASE

MEDIA RELEASE

July 8, 2008

Offering comprehensive print solutions, supplies and service in Alberta and Nationally

July 8, 2008, OAKVILLE -- LaserNetworks, Canada’s leading print solutions company has acquired ComPrint Solutions Inc., Alberta’s largest printing and imaging service provider whose commitment to quality, service and innovation has been respected by thousands of businesses including some of the most prestigious throughout the province.

For over a decade ComPrint Solutions Inc. has been providing Albertans with industry leading networked print solutions that offer organizations printing advantages that include centralized management, highly responsive repair and maintenance services, and superior use of corporate resources. Additionally, they have been particularly effective at meeting the growing needs of customers in the oil and gas sector.

LaserNetworks is Canada’s leading print solutions company, and for over 20 years has been providing print solution services, and products to virtually every sized company across Canada and continental USA including Fortune 500 companies, government agencies, major chartered banks, large law firms and virtually any customer whose demands require a local presence and central responsibility.

LaserNetworks is known for its revolutionary COST PER PAGE program of print fleet management services, including printers, multi-function devices, supplies and/or service on a Pay as you Print™ basis.

“Joining forces under the umbrella of LaserNetworks, provides both ComPrint and LaserNetworks a myriad of growth opportunities,” says Chris Stoate, LaserNetworks’ founder. “LaserNetworks’ full suite of print management infrastructure software will improve control and knowledge of ComPrint’s print fleets, and LaserNetworks’ consulting capabilities will help further optimize their client’s productivity and asset life cycle management. As for LaserNetworks, we’ll be able to expand our COST PER PAGE print solutions to more customers in western Canada.”

“We are delighted at the acquisition as it ensures a strong future for ComPrint's employees and an improved overall offering for ComPrint's customers,” say Mike and Stephanie Traynor, former owners of ComPrint Solutions Inc. “The partnerships forged with vendors such as HP and Lexmark, provide long term benefits for both ComPrint and LaserNetworks, and their clients.”

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For further information or interviews contact:

Peter Turkington
Strategic Communications Solutions
ON BEHALF OF LASERNETWORKS
Direct Phone: 905.901.9218
Email: pturkington@stratcommsolutions.ca

LaserNetworks website: www.lasernetworks.com