TripleArc's Workflow Finds Route To US Market
TripleArc Plc, the UK-based print procurement provider has signed a sales and distribution agreement with Four51, a US e-solutions provider in the printing market.
TripleArc Plc, the UK-based print procurement provider has signed a sales and distribution agreement with Four51, a US e-solutions provider in the printing market.
This partnership allows Four51 to incorporate TripleArc's Collaborative Workflow System (CWS)1 into its services for distribution throughout America.
The 10-year agreement gives TripleArc a channel to distribute its technology in the huge US print market.
It is anticipated that the deal will deliver a multi million dollar revenue opportunity for TripleArc based on the revenue sharing terms and sales commitments in the contract.
Four51's current user base of over 80,000 print buyers, sellers and suppliers provides the perfect stage for a CWS introduction in the US.
Anticipating the agreement, Four51 has already been negotiating with several print management companies to take on the CWS software to help them support their large enterprise clients.
Four51 markets and sells its services nationally to printers, print distributors, their suppliers, and their customers.
Four51's configurable, role based technologies provide the web infrastructure to automate public or private supply chain networks for printed materials.
Jason Cromack, chief executive officer of TripleArc commented: "Four51 has an excellent reputation in America, and already sells its web-based services to major print management companies.
The qualities of the CWS software, coupled with Four51's technical expertise and knowledge of the US market, is expected to generate revenue quite quickly.
There is no doubt that this will be a successful partnership." Rich Landa, chief executive officer of Four51 commented: "The synergies between the two companies are clear and we are pleased to incorporate the CWS software into the Four51 service offerings.
The need for a product like CWS has been all too apparent for quite a while.
Together, CWS and Four51's current Commerce Operating System (COS)2 extend our ability to offer powerful procurement solutions to the print services market.
We look forward to working closely with TripleArc over the coming years.".
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