Outlook Group Purchases New Four-Color Digital Press
May 09 2005 - 10:00AM
Business Wire
First company in the Fox Valley to offer new NexPress(R) digital
printing technology Outlook Group Corp. (Nasdaq:OUTL) today
announced it has purchased a new digital four-color press that
combines high-quality digital printing with personalization
capabilities ideally suited for direct marketing projects. "Digital
color printing is the latest development in printing technology and
the fastest growing segment of the printing industry. Our new
NexPress(R) 2100 and Printable Technologies, Inc. software expands
our traditional printing capabilities with a system that provides
the added flexibility needed for time sensitive short-run direct
marketing projects," said Joseph J. Baksha, president and chief
operating officer of Outlook Group. "Outlook is the first company
in the Fox Valley to offer this new digital printing technology."
Baksha said the new press offers a number of unique advantages. "We
are able to personalize each item, including photos and copy, as it
is printed, providing a high-quality completely customized piece.
We can print on a variety of stocks and electronically collate
items. The system is designed especially for short runs and quick
turnarounds, making it the perfect solution for direct marketing
and similar customized projects." "The new system also enhances the
capabilities of our 'Showcase Postcards' service. 'Showcase
Postcards' is our fast-growing Internet postcard printing service
that enables clients to place postcard printing orders over the
Internet at www.showcasepostcards.com. With our new digital
printing system, we can produce personalized, two-sided, four-color
postcards in a single pass through the press, with added features
such as high-gloss coatings and special paper stocks. This
extremely efficient and cost-effective system meets the needs for
clients who want unique and distinctive direct marketing and
collateral materials for their business," said Baksha. Baksha said
the new Printable Technologies software streamlines the ordering
process. "Clients can go to a personalized Web site and place their
orders on-line. The order goes directly into our system, where it
is printed and shipped. Clients can track the status of the order
throughout the process and the project is automatically billed as
soon as it is completed. It's a very efficient system for both
Outlook Group and our clients," said Baksha. "Our investment of
approximately $750,000 in the new digital printing system is part
of our ongoing commitment to reinvest in our business and to
provide the latest technology for our printing and direct marketing
clients," added Baksha. Outlook Group Corp. is a printing,
packaging and direct marketing company offering a variety of
related services to clients in markets including contract
packaging, collateral information management and distribution,
direct marketing components and services, packaging components and
materials and specialty print related services. The company
leverages its core competencies by cross-selling services to
provide a single-source solution for its clients. The discussions
of potential future occurrences and operations, and other
statements in the future tense or using terms such as "believe,"
"expect," or "anticipate," in this press release are
"forward-looking statements" intended to qualify for the safe
harbor from liability established by the Private Securities
Litigation Reform Act of 1995. Such forward-looking statements are
subject to certain risks and uncertainties which could cause actual
results to differ materially from those anticipated. Outlook's
periodic filings with the Securities and Exchange Commission
discuss a number of other factors which may affect Outlook's future
operations, including: possible changes in customer relationships;
financing needs to support our relationships; possible termination
of contracts, including long-term contracts; the need to complete
the transitions to the new customer contracts, and the need to
achieve and maintain satisfactory performance thereunder; potential
inability to achieve expected cost savings or delays in their
achievement; changes in project mix and timing; the effects of
industry competition, overcapacity and acquisition activity;
slowdowns in general market and economic conditions, and changes in
other world and national conditions; and the possible need for
future capital investments or equipment enhancements, and related
financing. Readers are urged to consider these factors carefully in
evaluating the forward-looking statements.
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