PrintFleet Reaches New Revenue Milestone

Ontario, Canada– PrintFleet Inc., a global leader in managed print software and data-driven solutions, has continued its trend of double-digit revenue growth by investing in new product releases and enhancements and by expanding their list of distribution channels and OEM partners.

“Our focus on our core business, combined with the increased market awareness of the benefits of our LINK platform for supply chain automation, has propelled us to a significant milestone” said Chris McFarlane, President and CEO of PrintFleet.

From small Resellers to Global 500 enterprises, companies are recognizing the need to manage their print environments and drive further efficiencies through automating supplies fulfillment. “Whatever the business driver is — reducing costs, going green or improving processes — a successful print management strategy must begin with accurate data. Our software enables our customers to make smart decisions” said McFarlane.

Over the past year, PrintFleet has continued to expand its global network of industry-leading partners, recently adding VOW (Vasanta), Pulsar Technology S.A., ACM Technologies and Katun Corporation to PrintFleet’s rapidly growing family of LINK™ enabled solution partners.

As PrintFleet’s global business continues to grow and the company supports multinational distribution and OEM partners, so too has the need for standardized program support. Approximately 50% of the company’s revenue is now generated outside North America, attesting to the usability of PrintFleet’s multi-language solutions and program support. Available in seven languages and utilized in over 120 countries, companies are increasingly choosing PrintFleet to power their MPS programs and data management needs as they relate to their printer business.

PrintFleet also witnessed significant growth in the utilization of its solutions within the Dealer channel. The number of dealers who work with PrintFleet directly has increased 65% during the past year, further demonstrating the exceptional value of the company’s industry-leading solutions and support.

In the past year, PrintFleet undertook a number of initiatives to increase its SMB and SOHO market presence. As a major B2B player in the imaging industry, PrintFleet has been able to leverage strategic partnerships in order to offer customers with both large and small print environments a differentiated value proposition. PrintFleet’s latest innovations include the LINK™ platform, which includes an automated supplies fulfillment solution that leverages connectivity and power of the Internet of Printers (IoP), and a Data Collection Agent that includes remote configuration. Small and medium business owners can now take advantage of print management with a solution that is optimized for their unique needs and priced at a low cost of entry.