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

What most corporations don’t know about print management solutions

MEDIA RELEASE

FOR IMMEDIATE RELEASE

June 2, 2008

The cost per page solution to hidden print management costs

June 2, 2008, OAKVILLE -- Operating at high efficiency in order to increase the bottom line is always a priority for businesses and not-for-profit organizations.

According to a study by InfoTrends, corporations spend an average of six percent of their gross revenue on their overall document management. Most companies, however, think they only spend around three percent of gross revenues, but when hardware, supplies and people costs are considered, the average is around six percent and growing. To reduce these costs, organizations need to consider alternative print solution options.

There are many opportunities for companies to reduce print costs. For example, organizations are quick to account for the hard and soft costs of purchasing a multifunction printer (MFP), supplies, toner, etc., but overlook the hidden cost of their daily operation.

Research has shown that an estimated 50 per cent of the overall printer cost can be tied to support, and of that, 20 per cent can be directly attributed to service calls to a company’s IT helpdesk, according to Principal Analyst Louella Fernades of Quocirca.

Most companies’ print management operations are askew with many departments operating independently with little or no knowledge of other departments’ printing supply needs. The savings that can come as a result of bulk buying are being overlooked.

This is the reason that LaserNetworks® launched its COST PER PAGE® program, in 1996, the first such program in the print solutions industry at that time. It includes on-site support of all printing and imaging devices and networks, management of all printer and imaging fleet assets, and provisioning of all printing supplies, everything except paper and power, for a pre-determined, fixed cost per page fee.

"Our experience working with over 500 North American organizations, including such companies as PepsiCo, and Boeing, has shown that print management costs can be reduced as much as 40 percent," says Chris Stoate, President of LaserNetworks®, Canada’s leading print solutions company.

LaserNetworks® currently supports over 50,000 printing and imaging devices, and delivers on-site service throughout Canada and the United States.

"There are numerous ways to reduce a company’s print operation costs, bulk buying and eliminating calls to a company’s IT helpdesk are only two of the many solutions available," says Chris Stoate. "Reducing equipment down-time, leveraging LaserNetworks®relationship with suppliers, using latest technology in the marketplace without incurring capital costs and taking advantage of the environmentally friendly options available are just a few ways that companies can improve their print management operations."

For further information contact:

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