SANTA CLARA, Calif., July 9, 2002 (PRIMEZONE) -- iPrint Technologies, Inc. (Nasdaq:IPRT), a leading supplier of online and offline marketing and customized branding solutions, today announced that Oracle Corp. (Nasdaq:ORCL) is using iPrint's technology to expand its Corporate e-Print Center to include tradeshow collateral and marketing items. The Oracle(r) e-Print Center, a branded corporate print shop which iPrint launched for Oracle in January 2001, allows 25,000 U.S.-based Oracle employees access to Oracle-branded business cards, stationery items, and now, tradeshow items including customized invitations, announcements, binders, name badges, and banners.
"It's a real vote of confidence that Oracle expanded their usage of iPrint's technology to its employees," said Monte Wood, President and CEO of iPrint Technologies. "Our integration with Oracle(r) iProcurement continues to prove mutually beneficial."
Using the secure, password-protected Oracle(r) iProcurement application, employees can order branded, custom-printed materials directly from their computers by 'punching-out' to iPrint's e-Print Center, designing their printed item, and then returning to Oracle iProcurement to complete the purchase requisition. The requisition is then submitted for spending approval utilizing Oracle's workflow engine. The approach simplifies the ordering process for both the buyer and the supplier, bringing efficiencies and cost savings to both companies.
"Oracle's relationship with iPrint is a fine example of our commitment to supply management applications," said Frank Prestipino, Vice President of Supply Chain Marketing at Oracle. "We build applications to work efficiently with our suppliers, so Oracle customers can take advantage of best-in-class supplier practices."
iPrint's e-Print Center is designed for companies that want to streamline the process for personalizing, ordering, and printing corporate stationery, business products, and marketing collateral. The e-Print Center, which is accessed via a link from a company's Intranet, is customized for each participant. The system also enables distributed ordering for companies with offices in multiple locations.
About iPrint
iPrint Technologies, inc. (Nasdaq:IPRT), created by a merger between iPrint and Wood Associates, is a leader in providing online and offline marketing and customized branding solutions to the Fortune 1000. With a network of offices nationwide, iPrint works with over 200 world-class organizations such as BP, Charles Schwab, Compaq, DuPont, Microsoft, OfficeMax, Oracle, PeopleSoft, Sun Microsystems, Washington Mutual and Wyeth Pharmaceuticals, as well as servicing over one million small business customers. iPrint's technology and solutions improve the way businesses buy custom imprinting and corporate printing. iPrint can integrate into e-procurement platforms, streamlining the cost of ordering professional printing and promotional merchandise and improving the overall ROI of e-procurement efforts. iPrint's technology also powers the award-winning Web site, iPrint.com, which offers SOHO customers convenience and significant cost savings on professionally printed products. The company has been distinguished with the Inc./Cisco Technology Award, an "Innovation in Print" award by CAP Ventures, and named the #15 top eBusiness by InformationWeek. For information about corporate services, please visit http://www.iPrintTech.com.
(Sources: PC Data Online, Top Monthly E-Tailers Reports and Top Monthly Sites Reports; CAP Ventures, Research; BizRate.com, Customer Certified Ratings; Keynote.com, 2000.)
iPrint is a registered trademark of iPrint Technologies, Inc. Oracle is a registered trademark of Oracle International Corporation. Other marks are property of their respective owners.
This press release contains "forward-looking statements" (as that phrase is used in Section 21E of the Securities Exchange Act of 1934) related to iPrint's plans and expectations about its business relationship with Oracle Corporation. Words and phrases such as "will be able to" constitute forward-looking statements. These types of statements address matters that are subject to risks and uncertainties which could cause actual results to differ materially. The service discussed in this press release may be released later than anticipated and may not function as expected due to any number of reasons including failures in development or expected functionality. In addition, iPrint's forward-looking statements should be considered in the context of other risk factors discussed in our SEC filings, including its most recent Forms 10-Q and 10-K, and proxy, available for viewing on its Web site http://www.iPrintTech.com. (To access this information, click on "Investor Relations," "SEC Filings.")